ES Journal - 2012
- Thread starter Buy1Sell2
- Start date
- Status
Robots don't care, they just buy the dip.
$tick just went from zero to -600 and ES went up a tick?
the invisible hand at work.
the invisible hand at work.
That's what it is all about
Well technically they have already defaulted I think, though I am no fundamental guru, this is just CDS's being triggered.
Remember the jobs number was received well, so bullish background along with the bearish.
Almost my entire premise on this trade is that traders will want to close their positions before the weekend. I wouldn't be doing this, and I think the market wouldn't, if it was another day of the week. But that's just my wacky perception maybe.
Quote from ActiveTrader07:
Technically, those targets makes sense, but you must convince the robots to not buy the dip first, and good luck with that.
Good point... not sure I have the influence to do that!
They just keep buying.... don't know why they wouldn't pop it up here and then slam it down, but I don't want any part in it. Stop 66.75
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