How does it work — How does this indy signal you, Notch?

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1.0985 — Swissy dropped back below the Daily high of 1.0985 created back on 6/8. News scheduled for 2:15 but we may have seen the bulk of it.

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Stiff support — I got all kinds of support in this area, but yea, your right, Swissy is doing the driving today with it's 395 long Daily candle. I have never seen one on the swissy this long. Ne

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Whoa — Be vawy careful. Careful

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FOMC Leak — Could be a early leak of info.

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WOW — That was unexpected. Had to be a news break to pop that 000 level like that.

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One hand clapping — Hey Notch, hear that sound......thats the sound of one hand clapping...LOL I am putting into patent an automatic back patter.....I will send you the prototype........LOL Nice job, as always. Ne

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4 Hr Vigil — The thing we should be watching is the 4 Hr candle action, (1st chart ). We have 1 HUGE rejection already at the 000 level. If we get another the same way it will be one hell of a rejection and may even leave behind a set of ...

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Excellent post — Nice job and you are correct. To proove this you need only to open up a Daily and pull in some data. However, I can see a retest of that 61.8 Fib level in My post # 113750 which would result in a D/T on the smaller timeframes. ...

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OK, Lets try this again. — Yesterday it was a Bearish flag and came thru for 50-60 pips. Today its a Bullish flag and this will probably be worth more than that. Some one will get the message in here one of these times. Ne

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Not really — These moves happen when price breaks long term trendlines. I have seen it before and will see it again. You ought to watch GP/JPY when IT breaks a major trendline....... Geronimooooooooooooooo. Ne

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Gingerly touched — What a light touch. 61.8 % Fib level from the Daily trek down.

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Well, what do you know — 3 In a row, baby. Cant beat that. Ne

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Bearish Flag — This is a bearish flag and will probably continue until 7 or 8 EST and then will continue its down move. NE

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WOW — What a call ...... What a bounce!!!

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Look for a retrace. — I wouldnt be surprised to see a retrace back to 1.3900 area. NE

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The only way ole buddy — Ya know, Some people think they need a lot of useless indicators to trade. But what they don't know is the lagging indicators work best on the larger time frames. What really scares me is even after I posted that chart ...

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Bingo — Price tested and came down hard, just as I suspected. NE

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Daily — If this thing follows the Daily pattern it has been in..... Well, you see it. Ne

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Guys, Guys — Check out the 4 Hr Triangle, it has been broken. Price is testing the backside of it now. Short is the best bet. NE

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