1.4255 at European open?
My assumption is that the move down isn't done and Pound is likely to make another leg down.

Wow. I didn't know this story.

Originally posted by rat89

Who knew? That's hilarious.

Originally posted by jimkane

Jim Morrison: Mr. Mojo Risin', Mr. Mojo Risin', Mojo Risin', gotta Mojo Risin', Mr. Mojo Risin', gotta keep on risin', Risin', risin'...

Jim Kane: Mr. ES Risin', Mr. ES Risin', ES Risin', gotta ES Risin', Mr. ES Risin', gotta keep on risin', Risin', risin'...


Here's a funny story about me and Jim Morrison (hard to believe there could be one...). I'm not sure how many people in here know this, but before I got involved with the market I was one of the biggest (rare) reptile breeders in the country. I also worked for a time in the largest (from a breeding perspective) zoo reptile department in the U.S. (and the world, as far as I know). The LA Times online did a review of my site at the time, which was unquestionably the biggest reptile breeding site at the time. Here it is, cut and pasted from the Wayback Machine:

"Jim Morrison may have been the Lizard King, but Jim Kane is the Ruler of all Reptiles. He breeds them, he sells them, he breeds more. Don't let your kid brother mess with this cage!" ...review from the Los Angeles Times Web Page.

1.4000-30, is quite a support for the Pound.

And I didn't know that no one knew the story...

The ES went strong to the upside, right back to the backtest area, again. I saw that unfolding, but didn't post it. I should have, but if you did the work you'd have seen it. Now it's back down to the area, again. Still wedged in. Just a crazy coil that should have a lot of energy when it gives. I'd say the 20 area is likely next, but these are tricky, slippery eels, these machines run by the ruling elites (or should I say run by their lackeys).

And I didn't post the crude spot. It went right to it, price and time, and started to check back. That one was a piece of artwork. Everyone should work that one up, it's so pretty. The questions, as always, is will it follow through to the downside now or not...

They're off!

Low of the move at 1.4008 and a nice reaction, 80 pips so far.

Originally posted by MarcinO

1.4000-30, is quite a support for the Pound.

Thanks for pointing that out.

Originally posted by jimkane

And I didn't post the crude spot. It went right to it, price and time, and started to check back. That one was a piece of artwork. Everyone should work that one up, it's so pretty. The questions, as always, is will it follow through to the downside now or not...

Yeah, a 60-min chart on crude is a good start for the workup.

Such a critical spot for the ES, and 'they' know it like one can't imagine.

had a day full of appointments.....did you say something jim? ;)