the fed minutes will be released in 45 minutes. This might allow for an entry. If price spikes up to 1.34, I will probably add to my position
Ouch! 
Boom goes the USDX
The Cable Daily candle is just insane! LOL
I take it you caught that down move?
Really didnāt expect to see anymore action until London Open :eek:
While Iām here, do you guys see a āHead & Sholdersā on the Daily Fiber?
I knew I should have stayed in that short lol. O well.
You caught the first leg?
Its looking like it. Either way, noted downside support of 1.3280 (neckline of the H&S pattern) tagged nicely 
Yea yesterdayās :-D. Iām just trying to tone it down. Not trying to hit home runs. I took 30 pips 1.5% and got out. I need a positive week. If I could do that every week thatās enough. I am in a short on on the euro/usd and a long on the usd/cad. But those are long term trades.
I just inserted the image in my post where I asked, Itās a bit crappy but you can see a fib with the bull 79% OTE @ 1.28750 which has confluence to the old lows on Dec 09 & the projected down move (the big red line I have)
Yep, I see it. If this 1.3280 gives way (look at the price action around this level on the daily), we may not see much support until the base of that daily candle on 10th Jan around the 1.3060 levelā¦ Especially if the USDX runs above those highs around 16th November 2012ā¦ Interesting
yes, Iām going to hold for a bit longer to see if they go for the stops at 1.3250, or possible the 200% extension of 1.3230. I wish I could see the trades every week like I have been the last couple. Most days I feel like Iām trying to walk through the woods at midnight with no flashlight
Whatās changed?
Guys, take a look at all the patterns in fiber, there is a gartley bullish on h1, another ABCD on h1, Wolfe on h4.
Cable ran all the stops it could, and the minutes sound pretty normal leaning towards continued presence of asset purchase. i think we should be done with the short insanity!
minutes:
āSeveral others argued that the potential costs of reducing or ending asset purchases too soon were also significant, or that asset purchases should continue until a substantial improvement in the labor market outlook had occurred. A few participants noted examples of past instances in which policymakers had prematurely removed accommodation, with adverse effects on economic growth, employment, and price stability; they also stressed the importance of communicating the Committeeās commitment to maintaining a highly accommodative stance of policy as long as warranted by economic conditions. In this regard, a number of participants discussed the possibility of providing monetary accommodation by holding securities for a longer period than envisioned in the Committeeās exit principles, either as a supplement to, or a replacement for, asset purchases.ā
about 1 1/2- 2 hours in front of the charts on the weekend doing a thorough analysis of currencies, equities, bonds, and a few commodities, taking notes, and marking levels of interest on my charts. Iāve also been working on looking at different scenarios for trade set ups and possible points of entry
and donāt forget about feeding the stock market and US economy itās crack cocaine so it makes it look like Obama has a clue
[QUOTE=IbePippin;460897]
minutes:
"Several others argued that the potential costs of reducing or ending asset purchases too soon were also significant, or that asset purchases should continue until a substantial improvement in the labor market outlook had occurred. A few participants noted examples of past instances in which [U]policymakers had prematurely removed accommodation[/U], with [U]adverse[/U] effects on economic growth, employment, and price stability; they also stressed the importance of communicating the Committeeās commitment to maintaining a [U]highly accommodative stance of policy[/U] as long as warranted by economic conditions. In this regard, a number of participants discussed the possibility of providing [U]monetary accommodation[/U] by holding securities for a [U]longer period[/U] than envisioned in the Committeeās exit principles, either as a supplement to, or a replacement for, asset purchases."QUOTE]
Looking at Pound COT report soon we gonna hit resistance or go to extreeme, interesting. Would be cool if Pound would just stop on weekly sweet spot and reverse together with COT, then we should build monument for Michael 
Where do you guys get your COT details from?
Remember the seasonal US dollar rallies from here, maybe itās finally come & correlation of Fiber & Cable might come back