ES Journal - 2012

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Quote from Macho:

CPI was actually down .Lowest since 2008. Will go lower and that is not a good thing for the economy. But it doesn't matter much.It is only a matter of time:mad:
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right, including food and energy 1.7% yoy. fed focuses on core which was 2.3% yoy which means they stay on sidelines for now if they follow by the book policy setting
 
Quote from piezoe:

cool it guys. You are both fine traders, just somewhat different methods. I have great respect for both of your trading abilities.
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i have to side with AMMO on this one given that he NEVER questions or comments on trading methodologies he does not use. he understands what works for him and that is how he trades; i really don't see how that is EGO related.
 
Could be HOD here. Market hit a stealthy little top TL from the Jun 10-11 tops, combined with R10 RTH and p/m high. I hope it's not done going up yet, but I think it just might be.
 
Quote from tomahawk:

Really seems to be bull-flagging here on the 5min, but here's a chart of that TL ..
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Choppy action here and that previous 5-minute bar looked very frightening, before it snapped back up.

I remain bullish above 1312.

If I understand correctly, an OPEC press conference starts in 20 minutes. Not sure if equities care about that or not. :)
 
Quote from Laissez Faire:

Choppy action here and that previous 5-minute bar looked very frightening, before it snapped back up.

I remain bullish above 1312.

If I understand correctly, an OPEC press conference starts in 20 minutes. Not sure if equities care about that or not. :)
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Headlines crossing that Saudi Oil Minister saying there is a need to increase production (Briefing Note: OPEC meeting today so should be plenty of headlines) (31.19 +0.10)

this came out at 10:36 on brieifing.com
 
Quote from Laissez Faire:

Choppy action here and that previous 5-minute bar looked very frightening, before it snapped back up.

I remain bullish above 1312.

If I understand correctly, an OPEC press conference starts in 20 minutes. Not sure if equities care about that or not. :)
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Stop with the useless comments LF. :p
(Just kidding!!!)

Your comments are usually good-natured, market-focused, and in the spirit of sharing ideas. I like that. But you
have to admit it may take awhile for you to live down the "up,down, or sideways" thing from yesterday ... lol. You're alright LF. :)

Ammo's a good guy too. Always market-focused and sharing what he's looking at, not to mention calling his trades. Long time in this business, and that speaks for itself ... I think it should give him a little latitude to be critical.

Anyway, we all have useless comments from time to time, and I'm just as guilty as anyone. (the above ... case in point.) :)
 
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