My analysis says the Euro is ahead of a ginificant correction, based on the pattern on M120 TF.
1.1030 area , with some tolerance, may send it down.



And 1.0910 is a good place to start the last push to 1.1030. If that doesn't work, I will be looking at 1.0850, but such a drop would most likely invalidate significance of 1.1030.

intraday early am high to low .786 at 190.20.....price sitting at key balance line going into a weekend....

.886 now, all in a slow creep....they are good

spy 1.128 and iwm .886
Spy could have another 30¢ in it, but let's see...

funny where they stopped it

HOD 02.25. Who could have foreseen that as a possibility? I wonder if they'll give it another push into the close to really hit it in full? I suspect the odds are pretty good on that one.

Originally posted by jimkane

I have a great area in the low 1900's (let's say 03-09), and my old area is still in play, say in the 40's-50's. If it heads up there I'll try to refine it and post it. But this is due for something bigger than even that. My preference, of course, is that it collapse from here, though. Problem is, if it does, it may be over quick. I want this to last a looooooooong time.

Okay, can they set the new HOD deeper into my area, or not. They sure are taking a shot at it. I can't see why not, but who tell tell with maniacs?

Crude sure is something! Talk about an everyone on one side of the boat short-covering rally, holy cow.

Now that's respect on the retest there. It doesn't like this area. It doesn't like this area at all. Just like rat showed on his chart, there, what a place to close it. Maybe a Sunday night gap up over the area? That's one way to not deal with the area, just gap up over it. I'm being facetious, but also accepting it may be no joke. Like I said, trying to deal with maniacs on a rational basis is a fools errand.

So, the ES just about 'put a hondo* on' in two days, junk (look at JNK and HYG) are exploding in monster short covering rallies, cable goes without saying (as well as the Aussie and Loonie), and crude, well, we covered that. It's crazy how once they all get triggered nothing can stop it until it runs out of fuel. It even goes further because all the momo's jump on board. Crazy, but great for traders...


*** Okay, this was bugging me, so I did some research and added this note. I actually found a forum where they were debating whether the proper slang for a $100 bill is 'hondo' or 'hundo'. This guy was out and said 'hondo' and they all told him it was 'hundo' (short for 'hundred'). 'Hundo' makes the most sense to me, but he said the crowd he usually hung with all say 'hondo'. I have heard 'hondo' and use that, although I've probably said 'hundo' at times. Probably 'hundo' (which makes more sense) is more common. Likely everyone in here will say they've never even heard of either... I just wanted to clarify that because I just love writing too much, being too wordy and overly verbose, and in general just being anal and wasting my time on trivial things...

Did you see how that last minute futures pop went right to the 1-min TL, then backed off? Crazy (my new favorite expression, usurping 'amazing' for now).

We have one word explaining all of these adjectives you used, and it is 'zajebiste'.
Which means f*($#%&* awesome.

Originally posted by rat89

do they have these words where marcin is?

Originally posted by jimkane

OMG, that would be awesome if I did that. Oops... I meant that would be totally tubular and gnarly.

Originally posted by rat89

as long as you don't start saying 'awesome' or 'omg'

Originally posted by jimkane

Did you see how that last minute futures pop went right to the 1-min TL, then backed off? Crazy (my new favorite expression, usurping 'amazing' for now).