[Gabe2004]

Some more versions by popular demand.

Gabe

[thalestrader]

Originally Posted by Gabe2004 »

Some more versions by popular demand.

Gabe

I like that better than the "battlefield" version.

Best Wishes,

Thales

[thalestrader]

This was a great series of posts from EMNQ on Friday that I had missed:

Originally Posted by EminiNQtrader »

For Jonbig and Forrest - ES short setup...

Edit: potential target = lod 1082 area

Originally Posted by EminiNQtrader »

ES target area indicated...

Originally Posted by EminiNQtrader »

and last update... ES target reached

Here is a 1 minute ES that shows where price was at the corresponding time stamps of his posts.



Whether he traded it or not, there is no arguing with that being an excellent and accurate read of price action publicly demonstrated in real time.

Great series of posts EMNQ!

My only criticism is that I would have liked to have seen the blue entry, red stop loss, and green target lines included in the pics as well. I probably missed the posts in real time because if I do not see trade lines I tend to scroll on by and come back later when I see what I have missed. But nonetheless a good series of posts.

Best Wishes,

Thales

[jonbig04]

My apologies EMNQ! I didn't even see your posts. Great stuff.

[thalestrader]

Originally Posted by idaxtrader »

Thank you very much for the link ...

No problem. I'm an old school reader myself and I prefer actually to hold the hard copy in my hand. But having an electronic copy handy is nice to have.

Best Wishes,

Thales

[thalestrader]

Current look at the monthly USDJPY shows price falling back after trying to poke through that descending upper trend line, I still think this looks as though it is in the final stages of the down trend, and a break and hold above that trendline should auger a multi-month rally in the Buck against the Yen.

Best Wishes,

Thales

[thalestrader]

Current look at the monthly EURJPY has a different picture. Price has broken below a nearly 12 month long sideways range, and has what Mike Reed calls a "Slinky Set Up," where price falls hard, bounces, and rolls over like a slinky going down a set of stairs. A sizable decline from here, perhaps after price rallies to kiss the lower range good bye, seems likely.

Best Wishes,

Thales

[thalestrader]

Currrent look at the EURUSD: The March and April '09 highs may provide a pause in this sell off, but the fact that so much has been retraced so quickly implies that one should be on the alert for a test of the October, 2008 lows.

Best Wishes,

Thales