ES Journal - 2012

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Quote from gmst:

sorry but I didnt see that in the link!! you sure it is there?
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it was to the tune of 85 percent of spy blocks were sales to 15 percent buys, it disappeared
 
Quote from ammo:

it was to the tune of 85 percent of spy blocks were sales to 15 percent buys, it disappeared
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alright thanks for confirming that we are looking at the same thing.
 
Quote from gmst:

sold 1 more at 1377.25

Edit: Targeting gap fill at 1360
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I am out of all my trades. flat currently. Doesn't seem that ES is weak. CL didn't recover the loss today, but ES and 6E almost unchanged and this is on back of French rating cut. When market doesn't go down in face of bad news, its a very powerful signal. Seems long euro against maybe aud could be a good swing trade.

Many a times, ES does this volte face as it did today and traps so many traders. I was up +1050 at one time and am ending the day at -50. Its just as if an invisible force sells ES 'ferociously' to induce other traders to sell on back of momentum. And then it reverses itself in an almost straight line fashion. At least, I didn't lose much but I lost the opportunity to make a decent amount today.
 
Quote from Ramp:

Now short NQ at 2592 (with a 2600 call protective call) looking for ~ 50 points. After that will likely will be positioned for another +100 point upside before the serious and final fall ala GS and major ES trendline (1260 ES). Cheers.
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Not what I was looking for - scratched the NQ at BE, kept the 2600 call for potential rally tomorrow.

The market showing strength, looks like ES 1397 is next in the cards. Will reevaluate then. Cheers :)
 
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