ES Journal - 2012

[tortoise]

Quote from gmst:

good one Josh!

you still in your short? looks like it could work after all.


[EDIT: which means EVERYBODY'S A WINNER AT THE ET BUCKET SHOP!!!!!]

 

[gmst]

Quote from tortoise:

you still in your short? looks like it could work after all.


[EDIT: which means EVERYBODY'S A WINNER AT THE ET BUCKET SHOP!!!!!]

lol, yeah i am still in, i will be glad if it does work in the end.

 

[trickshot]

Quote from gmst:

it really varies from day to day. somedays everything in unison, other days lead lag and still other everyone follow their own northpole

They were trading in lock-step for most of last year, its very rare to see EUR rip 80pips while ES continues to do its thing (which is down for the most part).

 

[tortoise]

c'mon everybody. jd got his two points. let's pull it out for gmst

 

[gmst]

Quote from gmst:

lol, yeah i am still in, i will be glad if it does work in the end.

Now its high time that we break in one direction, either below or above, we are making a triangle....2 lower highs and 3 higher lows on 5 min

 

[JoshDance]

thanks T and gmst, hope your short will work out for you... it looks good right now..

 

[JoshDance]

Quote from trickshot:

They were trading in lock-step for most of last year, its very rare to see EUR rip 80pips while ES continues to do its thing (which is down for the most part).

Do you mean during the latter part of the year? Was that due a lot to the sovereign debt stuff, or was it usually that way?

 

[JoshDance]

Too many times to the 09 well today? Need to dig deeper for water below...? We'll see...

 

[trickshot]

Quote from JoshDance:

Do you mean during the latter part of the year? Was that due a lot to the sovereign debt stuff, or was it usually that way?

Yea it was due to the european sovereign debt crisis, risk currencies like the AUD/EUR had a >90% correlation with the ES during the 2nd half of last year.

 

[Trvlwanderer]

L 1309.75
tgt 1319
stop
1307

will scale