The Swamp

that's what she said.

Got the LM to the tick....Now see if she holds.....

Yeah, think I've heard that one before............lol

adr reached.. 1320

Yep...several confluence factors there..........

time wise, its still looking bearish. 1357 may be looking like a sell later

Yep, broke that 1318 LM...got -5 there....

some support 1299 ish.. if it goes there.. selling a 135x bounce chance may appear

It's at a 2/3's retracement now, so this bounce may get it back above the Weekly LC at 1335.8............

Edit: Doesn't look like the bulls are going to make that LC.......

A lower week and day close.. unlikely looking atm to close the month 1442.5+.. atm the quarter, month, week, day, 12h, 1, 30 min, have closed lower than the previous like tf. All look bearish to me.. the lower 12xx area looks to be in the scope. unless something crazy happens, the year looks to close lower. 31 days till..
I know the q and month closes are the lowest of 2018 atm.. I'm not sure about the week.. I lost some charts. lowest day 1248 i think.. it looks to be challenged. next week, i think

945 - 1026 still on the table.........

yeah you may wanna short 135x..
i had bulls needing 1331x to bounce it.. but since they couldn't hold 1335+ L close.. i dont think much will happen.. the week is still open.. awr at 1206 or 1450












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Yeah, It's after LC on Friday, so just about all the life has likely gone out of the EUR today.....but AWR is about 50 pips shy so far this week....(Based upon 14 weeks)

Just scalped 5.5 handles (22 ticks) long on the ES, but it opened inside yesterday's day session range and value area, so the probabilities favor a rotational, inside day there too.

Got a net 22 ticks on each instrument (6E and ES) today, so, time to call the dogs and go to the house....

So imo if bears a close the week and month below 1.1311 then the acceleration down side may increase and my target of 1.121x low should be tested.sclpas is the name of my game

I think we won’t get any larger moves today. Watching 1.1330-35 for close tonight

i do see support likely pretty rigid <1299/1304> ish..a wide area maybe 20/30 pips either side. good for today only;;;;;;;;; numbers change next week

next week

monday

Here s a little long term Euro Chart. I posted this on the EURUSD Only thread a couple of days ago as well. I am currently in my second long trade as of August of this year. The first trade has been stopped out at BE and this one will likely be stopped out shortly at BE as well. Here are two charts that explain the reasoning for my trades. Both trades have been executed in weekly zones of strong demand. As you can see the prices have been snaking along nicely along the long term Fibo Fan Extensions and prices are now moving slowly downward to the area where 2 Fibo Fans and the Fibo retracement meet. 1.1190 is that price zone. When we go back to January/February 2015 we also see a previous area of supply and demand which turned into a zone of heavy demand in May/June 2017. The lowest point is the January 2015 price of 1.1096. This price could be broken briefly before prices turn. But the actual buy zone starts at around 1.1190 and extends all the way down to 1.1020. 1.1190 -1.1020 is a heavy zone of demand and swings could be erratic in this zone before it reaches a final bottom. There is a potential that this envisioned rally could be very explosive. Currencies can rise and fall 1000 pips easily within a month with the "right" fundamentals.The Euro in my view holds that potential at the current time. Whether this will be a full year end rally is up in the air. In my view a little too short term but not to be ruled out. In any case I still expect 1.2150 ++ medium term before moving toward equality in the long term..

the last one 1306 printed as well

Ru r1 ----------1.1402
st pp ----------1.1380
ru s1 ----------1.1372
st s1 ----------1.1360
ru s2 ----------1.1358
ru s3 ----------1.1333
st s2 ----------1.1328
st s3 ----------1.1306

now.. relax....wait for retrace

On the shorter term Euro front, the current impulsive move move down has been initiated from lower level supply compared to 11/23 as the preceding spike of Wednesday was initiated by an irrational interpretation of Fed Chair Powells Wednesday statement or more likely by an "interpretation" that has been created before the "news" even hit the wires. In any case, it is likely that the bottom of Wednesdays spike will show almost no noticable reaction as it was hot air fundamentals in the first place and we should see sub 1,1200 by latest the middle of next week, right into the beginning of the strongest weekly buy zone between 1,1020-1,1190.