Starting it off.

We need a name for what happened four weeks ago, the change in character. The move to lots more chop and wild, overlapping swings.

Marcin, why do you think cable popped more than the other currencies on the 'Italian bank bailout' rumor? When I first saw that I thought it must be some new poll that says Brexit is off the table. Speaking of Brexit, now Grexit is back on the table. I'm so bored and tired of waiting for the EU to break up. It is 1,000,000% utterly and completely inevitable, more inevitable than death and taxes, yet they cling and hold on, and keep believing that if they talk about how impossible it is for them to break up, somehow they won't. I just want it over with, and let's all move on... Geez.

And there goes the Friday HOD.

To be honest I didn't have time to check it. Irrespective of actual reason explaining current move, Cable atracts speculators from all over the world now.

Originally posted by jimkane

Marcin, why do you think cable popped more than the other currencies on the 'Italian bank bailout' rumor? When I first saw that I thought it must be some new poll that says Brexit is off the table. Speaking of Brexit, now Grexit is back on the table. I'm so bored and tired of waiting for the EU to break up. It is 1,000,000% utterly and completely inevitable, more inevitable than death and taxes, yet they cling and hold on, and keep believing that if they talk about how impossible it is for them to break up, somehow they won't. I just want it over with, and let's all move on... Geez.

Okay, no claims, but seriously, I can't imagine it being any easier to make money at anything than that right there. Too funny.

I think that's it, the shift of lots of speculation money into cable mostly since the Brexit talks, I think.

Originally posted by MarcinO

To be honest I didn't have time to check it. Irrespective of actual reason explaining current move, Cable atracts speculators from all over the world now.

Originally posted by jimkane

Marcin, why do you think cable popped more than the other currencies on the 'Italian bank bailout' rumor? When I first saw that I thought it must be some new poll that says Brexit is off the table. Speaking of Brexit, now Grexit is back on the table. I'm so bored and tired of waiting for the EU to break up. It is 1,000,000% utterly and completely inevitable, more inevitable than death and taxes, yet they cling and hold on, and keep believing that if they talk about how impossible it is for them to break up, somehow they won't. I just want it over with, and let's all move on... Geez.

So, is 47.00 the LOD?

It would actually be very trippy (a saying from when I was growing up...) if 56.50 was the HOD...

On the upside, if there is any more, my key area is around 58.00-60.75.

Look at that! Looks like that 56.50 might be the HOD. Wow. Time to crush this pig-f#%&er into dust. Pardon my French.

You're welcome. I hope you can follow at least some of it. I know it's tough at first.

Originally posted by JaLee

Thanks Jim. I'm glad it's the weekend so I can study this and review your previous comments. Have a nice weekend. No golfing...(it's not relaxing, just a good walk spoiled as they say!)