On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

KZ hit. More clues.

Again, if someone asked what was the play in here? Like I said, if one is of average experience, it was maybe long off the low once it was clear it wasn't going to take that area out, then scaled some at it hit and started to roll here, and some left with a stop which is determined by the methodology and the individual's plan as they crafted it. That area may have been hit already, or it's close. For the very advanced, highly skilled trader who is very nimble, short off the area, probably triggered as early as 85.75, and expecting this low here at 82.50 is all it will do, but managing according to the plan. Notice how I am repeating the same basic thing over and over?

You can just feel how badly they want to gun it into the close. They want it sooooooooooooooooooooooo bad. You can't always get what you want. But many times these maniacs do.

One thing you don't want to see against an area you are trading against is the opposite side developing a purchase, a launchpad, some footing to spring off of.

Okay, if they want to do any kind of a last push, this would be the time and place. I'm just sayin' if, then they'd have to get busy...

I'd think all they'd really want at this point is to take out the 89.00 high. But to do that they'd have to go over the area, something they have not had any success with so far. And the market loves to close right on key areas, so I think the highest odds are it just chops around up here until the close. I honestly could care less what it does. I'm just waiting to see what they decide.

And of course I'm waiting in case it dumps into the close. I see the odds of that at well under 1%, but in case...

I am real curious to see if they do anything screwy once cash closes.

Okay, well it did my highest probability scenario and just stayed up there in that range and chopped, closing cash right up against a key spot. Same old, same old.

Okay, well, I guess it's over. Too bad there is no trading until Sunday. I'll see everyone Sunday on the open. I think it's just been me and JaLee since rat left...

It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!