No one else did it, so I'm kickin' it off.

They're off!

1.46 hit on volume spike! This is it, I guess.

Anyone notice what the Euro looks like since say the 24th on like a 60-min chart? They want Euros so bad, for a system and currency that is destined to fail (in my opinion). I guess the short-term matters right now outweigh concerns about the upcoming failure.

My timing factor should have something to say in awhile. If it sets up I will try to mention it.

If it were on 1-min TF I would say that Euro has a typical machine buying look.

Originally posted by jimkane

Anyone notice what the Euro looks like since say the 24th on like a 60-min chart? They want Euros so bad, for a system and currency that is destined to fail (in my opinion). I guess the short-term matters right now outweigh concerns about the upcoming failure.

So, we have an area just under the low, and then recall how many times, for how long, I have been discussing those 30's? I can't see much of a way they get away from that. But, a bounce here first would be helpful to strengthen the downtrend and make it healthy. I'm not sure they can do it. If it starts, I'll post some areas.

Bounce time?

I refined the areas a bit.

41.25-42.75

31-35

Center of areas, of course.

Note we have a key 240-min/daily TL just below.

I hope it just starts moving down now. If so, there is a good chance, I think, that that 61.75 right after the open will be the HOD.

Don't be shy about posting JaLee. If you come back to the posts from 2011 when I joined the forum you will see that I couldn't do anything more than finding ABCDs in all directions, yet I decided to post charts and treated it as part of my trading education. Besides, I think we all have a slightly different specializations, rat posts CFDs mainly, you are following ES as far as I know, and I major in FX, especially the Pound. So it will work to advantage of all of us if we cover as much markets as possible.

Originally posted by JaLee

Yes I am very sad that he is no longer going to be posting here. I can't believe the wealth of information available on this forum. I do appreciate everybody's else posts as well. I will absolutely still be reading and learning from everybody here, but since I am fairly new to the KT Methodology I'm not sure how much I can contribute to others; but I would like to still be involved.

Originally posted by MarcinO

As we could all read yesterday, Jim considered seriously quitiing the forum after what has been happening in public area for the last few weeks. Today he eventually decided to quit and asked me to inform everyone about that. Sad but true...

Every user of private area will still have access to it, but from now on we are on our own.
I am going to post as time permits and I am almost sure that rat will do the same. What about the rest? JaLee?