ES Journal - 2013

Quote from Trader.Fighter:

All these theories and beliefs lead to nothing but pain, in the meantime what have you got to show for this furious rally in 2013?

They did not send a bull email either, oh wait, Bernanke did, totally forgot that.

Will this have an end?

Of course it will, but no reason to predict it, it's a painful process doing so, as you well know.
More...
2013 treating me just fine, wasn't a prediction,just sharing some charts
 
I know the ES/USD-JPY correlation has been off, but it looks like the USDJPY is a buy right now at 9765-9770. So if ES comes back in-line with USDJPY then they could drive it up too. Either way I'm long USDJPY 9767 and short small ES from Friday which may come off.
 
I saw the same algo-picturesque behavior before the AUD took off. I'm long quite size here in USDJPY 9767 so I'm taking off my ES short for now.
 
.... scenario: correlate ES and USD/JPY again to push ES to 1700 while USD/JPY "rallies" (not rally, just retrace of big down move in soon to be downtrend)!!! sneaky, but what I would do too.

buying size here 97675-70 (big trade if we don't cross that strong 50fib right here).
 
nice alert. looks like a w-bottom on 5min USD.JPY just need to launch through 97.84

Quote from rroverx:

.... scenario: correlate ES and USD/JPY again to push ES to 1700 while USD/JPY "rallies" (not rally, just retrace of big down move in soon to be downtrend)!!! sneaky, but what I would do too.

buying size here 97675-70 (big trade if we don't cross that strong 50fib right here).
More...
 
You must log in or register to reply here.
Back
Top