MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
1.4255 at European open?
My assumption is that the move down isn't done and Pound is likely to make another leg down.

Click image for original size
6b 2016 04 03 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Oh, I didn't say it wasn't there, only that it wasn't known from the one lower timeframe chart. The comment, of course, was for the newer readers who might be inclined to just look at one timeframe chart and draw too many conclusions.


Originally posted by rat89

context

Click image for original size
screen shot 2016 04 04 at 10 14 46 am png

JI
jimkane
Rep: 3,058
Posts: 33,089
I'm expecting higher here, but 44.50-.75 is a key very-short-term spot.
JI
jimkane
Rep: 3,058
Posts: 33,089
If it can keep rising the next areas are 46.75-47.25 and 50.00-.50. Centers of areas, of course.
JI
jimkane
Rep: 3,058
Posts: 33,089
It hit the backtest area once again, and they dumped it hard. This thing is just wedged in like crazy in this tight zone. it's pretty cool when you watch it, though.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's below the area! It's below the area! That reminds me of the Eddie Murphy line from 'Trading Places' "We are moving, we are moving!"
JI
jimkane
Rep: 3,058
Posts: 33,089
Same old BS. As soon as it gets below, and 'they' realize there is nothing but air below, massive buy programs trigger. Same old, same old.
RA
rat89
Rep: 0
Posts: 7,015
and then one day they just don't come in, and there is nothing but air...that's the game....lull the btd crowd to sleep and then sit back and watch them panic
JI
jimkane
Rep: 3,058
Posts: 33,089
Exactly. It works (for the BTFD crowd), until... it doesn't.


Originally posted by rat89

and then one day they just don't come in, and there is nothing but air...that's the game....lull the btd crowd to sleep and then sit back and watch them panic
JI
jimkane
Rep: 3,058
Posts: 33,089
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.
RA
rat89
Rep: 0
Posts: 7,015
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.
RA
rat89
Rep: 0
Posts: 7,015
had a day full of appointments.....did you say something jim? ;)