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  1. S

    ES Journal Archive (2009 - 2010)

    Coming up at 10:00...... Federal Reserve Chairman Ben Bernanke testifies to the House Committee on Financial Services about the Fed's exit strategy.
  2. S

    ES Journal Archive (2009 - 2010)

    Might be Yellen's statements that Q1 growth might be 2.5-3% and that inflation remains subdued. But more so....just Goldman doing God's work.
  3. S

    ES Journal Archive (2009 - 2010)

    It'd be easier if we each had a copy of the GS playbook for the day.
  4. S

    ES Journal Archive (2009 - 2010)

    This invisible hand has got some muscle behind it. But sooner or later....it'll tire out. Maybe one last push up but then it'll come back down.
  5. S

    ES Journal Archive (2009 - 2010)

    Invisible hand is working hard here......
  6. S

    ES Journal Archive (2009 - 2010)

    Took half off at 1151.
  7. S

    ES Journal Archive (2009 - 2010)

    You mean FRB and Goldman Sachs. Remember what Blankfein said......they are doing God's work. http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6907681.ece
  8. S

    ES Journal Archive (2009 - 2010)

    True. If you swing trade futures with a small account, you won't be able to sleep at night.
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    ES Journal Archive (2009 - 2010)

    With IB, they are pretty big and as this is a swing position, not that worried. Willing to scale up and account can take the loss. Risk-reward ratio looks good here. Market is oversold and could turn down or keep going up. This is kind of like the crude trade when it it kept going up. It'll...
  10. S

    ES Journal Archive (2009 - 2010)

    Shorts looking good for swing trade. Short at 61 and will scale in higher. This is longer term trade...no stop for now.
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    Average daily profit with $50K account?

    It is a reasonable profit amount depending on what you trade. If you trade futures, it is very possible. However, if you are just starting out you will have winning days and losing days and your average profit probably won't be that high.
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    As If Bear Has Not Been Screwed Enough - Now They Want To Castrate Him!

    I wouldnt even bother analyzing the market until the fed stops meddling. the government has messed up this system so badly its almost worthless. The price signals dont mean anything. Agree with you completely. They made things worse than better. Time will tell and although things with the...
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    How many Traders here are living as Expats?

    Have an accountant do all my taxes so not really sure but your income that you earn outside of the USA, if you are a US citizen, is exempt up to $91,400. If you are a US citizen, worldwide income must be declared but income earned overseas is exempt up to $91,400. Your capital gains, depending...
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    How many Traders here are living as Expats?

    Been living overseas for the past 20 years and trading for the past 12. I was planning on moving back to the US but seeing how things are going, will continue to live abroad. Low crime, lower taxes, and a chance to experience a different culture makes an expat's life interesting. These things do...
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    4 displays

    Quad cards here. http://www.nextag.com/Jaton-ATI-RADEON-HD3450-697435503/prices-html?nxtg=71210a1c0529-FE915527B5A54FAD
  16. S

    How Wall Street gamed the housing bubble, and left millions of households in ruin.

    I hope Phil Angelides doesn't get bought off or lose his life in the process.
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    Rumor--big Non-Farm # tomorrow

    Obama will take credit if numbers are good or blame the previous administration and say that he inherited the problem if numbers are bad. Nothing new here.....just another everyday politician as can be seen by ALL his broken promises.
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    Still going up....

    Well said! Transparency......where? I don't see any transparency. Oh, there is NO transparency! Obama's promises.......hasn't kept one yet. Agree with JamesVU2000.....US didn't deal with losses and fixing problems...it's more like covering them up for future generations to deal with. The ones...
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    ES Journal Archive (2009 - 2010)

    * Open market operations, or OMOs, are the Federal Reserve's most flexible and frequently used means of implementing U.S. monetary policy. * The Federal Reserve has at its disposal several different types of OMOs, though the most commonly used are triparty repos and securities purchases...
  20. S

    ES Journal Archive (2009 - 2010)

    Prices are being manipulated until the end of the year and could easily reverse. When prices are being artificially manipulated and controlled, it could reverse quickly. We've had a one-way market since March with a brief interval in July and when people start to see how 'rosy' things are, it'll...
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