ES Journal Archive (2006 - 2008)

[JSSPMK]

It bounced off March 07 support.

Also, to be noted that IF histogram puts in a higher 2nd dip on that weekly chart, then that bearish divergence probably will be negated due to overall this still being a bull market.

I think based on 30 minute chart's divergence + 1 minute as a trigger 1462 zone now is a very good r:r entry.

 

[elovemer]

..... how can i see it ?
.. thanks... noobee

Quote from opt789:

Anyone watching the carry trade, the last time it was this low was May 2006.

 

[Spectre2007]

look for a test of the 1476 zone.

buy stop 1468..

 

[opt789]

Quote from elovemer:

..... how can i see it ?
.. thanks... noobee

I was referring to the US $ vs. Japanese Yen. It traded 111 today which is very low and the assumption was that the lower it goes the more large funds have to liquidate assets.

 

[Spectre2007]

Quote from opt789:

I was refereeing to the US $ vs. Japanese Yen. It traded 111 today which is very low and the assumption was that the lower it goes the more large funds have to liquidate assets.

especially if its financed using yen to buy pounds.

 

[loik]

up or down?

 

[candles]

seems to keep going down, so i guess more down, lol.

 

[volente_00]

up on a non textbook IHS

 

[vertigo3]

volente,
what time frame (bar length) for non textbook IHS?

 

[Spectre2007]

basically everything hinges on the next nonfarm payrolls.

it could ignite a holiday rally as we go into the next FED meeting on Dec 11.