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...
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1116
Originally posted by redsixspeed

Originally posted by redsixspeed

Originally posted by redsixspeed

as long as we are above 1.3781 that is bullish to me


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so I still have a bullish outlook .. see what happen in the
globex

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This morning open was under that 1.3781 .. old support new resistance
made it a good short area .. T1 1.3737...T2 1.3719


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Isn't it amazing how traders from all over the world can come
into agreement on price..
.. Look @ the last two 5min. candles
of the RTH session .. one closed on 1.3737 and the other opened
on it .. note: 1.3737 was my T1 downside Friday .. it's almost
as if the market is being controled .. but we know better than
that right..
btw; as an add to the post above ^^ 1.3719 was my T2 for dowside Friday .. it was hit 2ticks above .. LOL .. these traders must
be skyping each other ..
I'll be buying new lows this evening
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eurothx
Yen looks good for a scalp short...
Levels I am watching is the PP 3771 and S1 3705. fwiw the yen is moving in some nice tight range bound trading this evening.



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eurothx2
Last weeks 6E profile.


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6e02262011
Originally posted by redsixspeed

I was looking for 1.386/1.388 .. the post is at this link:

http://www.mypivots.com/board/topic/6372/3/es-short-term-trading-01-27-2011

but I look for the mean so 1.387 is what I wanted .. we got to 1.3856
if we close below 1.3564 I will lose hope of getting to 1.387 at least for now

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6e getting close to that 1.387 again .. maby hit it this time ..
I think this area is decision time for more up or the beginning
of a pull back .. a daily close above 1.387 is bullish imho
Looks like we put a top in at 3850 ought to hold for a few days...I'm short and targeting 3700
Looks like some serious selling is happening as shown in cumulative delta here but that is also one big divergence!

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6e02262011a



Originally posted by CharterJoe

Looks like we put a top in at 3850 ought to hold for a few days...I'm short and targeting 3700
At $85 billion/month, it cost Bernanke a little over $1 million for each job created last month. Well done, professor. -Tim Knight