CME Euro FX Futures 6E


Red, sorry ,i was already asleep when you posted!.. I haven't had much time to look at it, but the daily chart indicates 1.3826 coming. Cycles are not very clear.... here's a real short term peak (10 min chart).. id be buying anywhere around the lower prc band...
Click image for original size
1116
Originally posted by redsixspeed

Originally posted by redsixspeed

above 1.3781 watching 1.3806

=============================================================
high close so far 1.3780 just 3ticks off that 1.3781 .. break
that area and look at 1.3806
..yup, i have 1.3809
ok Kool, lets bust that area
I'm scalp short 3750 tp 3742
Does anyone else see that giant inverted head and shoulders on the 4hour?
Originally posted by CharterJoe

I'm scalp short 3750 tp 3742


bailed at 46 Guess i'm done for the day see yall later.
Here is the weekly profile on the 6E contract.


Click image for original size
6e02242011
Originally posted by redsixspeed

above 1.3781 watching 1.3806

=====================================================================

Nice red...3806 was one my list to as a pp
Originally posted by CharterJoe

Nice red...3806 was one my list to as a pp

=====================================================================
I don't use pp's I could never understand which one was the real
deal ..
Red its ez, Take yesterdays range divide by two add that to the high and low and then find the 50% price thats the pivot point...the price added to the high is Resistance #1 and do it again is R2 subtract from the low it is S1 and S2 been using them for years. Used to be only pit traders that did these numbers.
At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight