Technically — There is a good technical reason for these moves today and can be explained in support and resistance. As I talked about it this morning. Pair bounced off the bottom of the 4 hr ascending triangle / confluence Weekly pivot and ...

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Why guess — Right now its at an impass. Stuck between the weekly pivot and the bottom leg of this 4 hr triangle. If it breaks the pivot then we will see the top of the triangle again. If it breaks and test the bottom of triangle then S1 is ...

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Yep — Can see that. S1 is in the crosshairs at 3047 now guys.

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Yea — Good luck with that one. I think Greece news is worse than anyone is letting on.

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Price — Blows thru the weekly pivot and yesterdays lows. At the bottom of triangle. this hourly candle very important now.

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Barriors — Barriors ahead. 4 hr UTL also in the way, weelky pivot 1.3104.

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Cool — If thats the case, the real selloff is yet to come

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LOL — removing stops, possibly!

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Blowing by — At the weekly pivot now. Waiting for an hourly close below and a test of the bottom side. If this goes down my original long term target of 2520 is in play.

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sold — sold small short at 3200 stop at 3250 just in case. If direction doesnt change will be adding in 1 hour.

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Nope — I never trade the knee jerk. I dont enter until 1 hour after release.

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NFP jazz FYI only — If we get 230K or better and unemployment stays around 8.5% sell this pair. 90K or lower and we bump to 8.7% I will be a buyer.

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Nice bounce — Nice bounce off a Mid pivot point

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Excuse me — Pardon me while I puke!!

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Manuf. PMI — Anything over 57 and we go down.

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A simple — Here is a simple way to trade this chart long term on a short. Got the recent Stoch cross breaking out of overbought area to the down side. Not completely fullproof but larg stop is needed. 200 pips in this case but we are shooting ...

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FYI only — Take this with a grain of salt people. I sat in on a P/T conference, oh I guess it was 5 years ago now, and I got a chance to hear James Dicks talk. Through the speech he was making I was trying to think of the single most important ...

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Exactly — And that trend is down.

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Whoops — Forgot the chart

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Long from here — 3125 long, T/P 3200

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