ES Journal - 2013

[CahaTrader]

Wow, so glad I'm out of the market. They failed 50dma in spectacular fashion. Wow!

 

[startraitor]

short 47, add 50, stop 52 for the day

 

[Visaria]

Putin denies rumours of assistance to Syria, says "fook em"

BS News Service 2.50pm BST

 

[horton]

If you are short be careful as now Putin is talking about humanitarian aid so not clear if he meant more military assistance.

RANsquawk
Russian president Putin says will maintain current support for
Syria if foreign military action taken against the country
Geopolitical
Says:
- Russia supplies Syria with weapons and cooperates economically.
- Russia wants to increase humanitarian aid to Syria.
Analysis details:
- Earlier today, Putin said Russia will help Syria if strikes launched. Putin said Russia is
already assisting Syria with arms shipments.
Source: Newswires
Fri, 09:13 06-09-2013

 

[Trader.Fighter]

Quote from horton:

If you are short be careful as now Putin is talking about humanitarian aid so not clear if he meant more military assistance.

RANsquawk
Russian president Putin says will maintain current support for
Syria if foreign military action taken against the country
Geopolitical
Says:
- Russia supplies Syria with weapons and cooperates economically.
- Russia wants to increase humanitarian aid to Syria.
Analysis details:
- Earlier today, Putin said Russia will help Syria if strikes launched. Putin said Russia is
already assisting Syria with arms shipments.
Source: Newswires
Fri, 09:13 06-09-2013

If sticking to price all this is meaningless and actually quite slow, the bars don't lie.

It is indeed interesting and key as far as current events, but better left alone until the end of the trading day, then the geopolitical events can be absorbed casually without letting it affect our trading reads.

 

[Lojanica]

Quote from Lojanica:

Doubt it. Likely we stay narrow range up. Tomorrow NFP. Sell today's close hold overnight. Stop and reverse if we don't sell off to retrace channel.

Just guessing....

Popped higher before the sell---which it often does---but otherwise followed the script.

 

[Lojanica]

Tagged both sides of the channel. As the channel was rising I suppose it needed to go higher first.

Why? Because the way the market was structured it was the path of least resistance. Now the entire selloff has been retraced and the channel is building higher still.

Wait and see for the afternoon session what unfolds.

 

[horton]

Quote from Trader.Fighter:

If sticking to price all this is meaningless and actually quite slow, the bars don't lie.

It is indeed interesting and key as far as current events, but better left alone until the end of the trading day, then the geopolitical events can be absorbed casually without letting it affect our trading reads.

I really doubt many folks were considering a move back to the open that fast without understanding what was happening.

If the moderator or OP tells me that posting news catalysts that are relevant to the current price action is against the rules of this thread then I will oblige.

 

[volente_00]

With all stops ran below and trendline respected then run of stops above 63 is very likely

 

[ammo]

Quote from horton:

horton whats your footprint saying