ES Journal - 2012

[mastacoli71]

Quote from ammo:

won't be hammered out before friday's close,try to guess who or why they will hold or dump eur/usd for the weekend

saw the first article in WSJ this morning about the EurUsd and how many do not understand why it is not selling off. big funds are getting away from trading it and the quoted one smaller fund manager saying "we are trading it with range bound strategy".

when i see articles like this, that usually means things are about ready to break out or break down.

the failure of the EurUsd is a long time coming.

 

[keeptradin']

Quote from keeptradin':

Reduced at 55.25, average long 55.25, target 61.25.

Covered ES long @ 55.25, B/E. Taking way too long for the market to move for my comfort level.

Gap lurking at 51.75. Too many outside forces muddying up the waters.

 

[Macho]

Sold 135650 Target 134650 Stop 136275

No QE3 until Obama is gone.Feds like winners

 

[ammo]

Quote from mastacoli71:

saw the first article in WSJ this morning about the EurUsd and how many do not understand why it is not selling off. big funds are getting away from trading it and the quoted one smaller fund manager saying "we are trading it with range bound strategy".

when i see articles like this, that usually means things are about ready to break out or break down.

the failure of the EurUsd is a long time coming.

merkel and ben are supporting it and the banks are going along with them up to a point because of their rarely mentioned tattered balance sheets from the bombings in 08,the banks are going along with the profitable part of the plan buying assets and selling them higher, but they are yet to get on board with the relending of those profits or additional risk to the balance sheets,imagine the triangle chart with the point getting narrower and narrrower,can't imagine a break to the upside but who knows

 

[keeptradin']

Short ES @ 58.25, Target 51.75.

 

[DanS]

To me, this looks like it is building up to break the days high.

 

[HurricaneUS]

Quote from Macho:

Sold 135650 Target 134650 Stop 136275

No QE3 until Obama is gone.Feds like winners

well I guess they don't like you..

let's see.....he's President of the USA and you're a piker on an internet board

 

[keeptradin']

Quote from keeptradin':

Short ES @ 58.25, Target 51.75.

Here's what I'm seeing so far...

 

[Laissez Faire]

Seems strange to not fill the gap below being this close, but it`s happened before, so who knows.

 

[keeptradin']

Quote from keeptradin':

Here's what I'm seeing so far...

Now a break below 53.50 should lead to the gap fill...