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MarcinO
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Posts: 5,506
I will just repeat my areas for the Euro, posted las week, without copying same charts: 1.0770-80, 1.0730, 1.0660.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, absolutely fascinating. I love playing the scenario game. The bounce would be awesome to trade both ways, but I think I prefer the drop from here to be on the 'safe side'. Either way is cool for trading, so bring it on, Mr. Market.


Originally posted by rat89

I still see a scenario where the hold the recent low around 1876 to send it higher to complete a corrective abc up into 1960 area before resuming the down trend in a big way. It's so tricky, because the area where jumped it today is so key, and could send it down to around 1780 in a flash. Fascinating.
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MarcinO
Rep: 67
Posts: 5,506
Same areas as yesterday for the Euro, making supposed third D to 1.0930 now, and for the Cable which stays above 1.4230.
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MarcinO
Rep: 67
Posts: 5,506
Same areas as yesterday for the Euro, making supposed third D to 1.0930 now, and for the Cable which stays above 1.4230.
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MarcinO
Rep: 67
Posts: 5,506
The Cable has made 100 pips of that area.
It looks as though it's only the beginning.
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MarcinO
Rep: 67
Posts: 5,506
It didn't break previous HOD and probably needs a correction to low 1.4270s.
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MarcinO
Rep: 67
Posts: 5,506
What the Euro has just done looks like the final push into 30s before a serious move down.
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MarcinO
Rep: 67
Posts: 5,506
Wrong It is advancing graduallly.
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MarcinO
Rep: 67
Posts: 5,506
1.4460 is next level for the Cable.
RA
rat89
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Posts: 7,015
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screen shot 2016 01 28 at 10 12 38 am png

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screen shot 2016 01 28 at 10 11 39 am png

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screen shot 2016 01 28 at 10 13 16 am png

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screen shot 2016 01 28 at 11 33 02 am png
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rat89
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Posts: 7,015
amzn 60 - another abc corrective up move where c = a at the green line, right at the .618. Two weeks of price movement gone in ten minutes after hours. Chart doesn't show the ah move
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screen shot 2016 01 28 at 4 13 43 pm png
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rat89
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screen shot 2016 01 29 at 6 59 55 pm png