ES Journal Archive (2006 - 2008)

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the powers that be will pump the market while they are talking

noways they are going to let the markets tank while they are giving a speech.

I went long ES futures here on that belief.
 
Quote from jasonjm:

the powers that be will pump the market while they are talking

noways they are going to let the markets tank while they are giving a speech.

I went long ES futures here on that belief.
More...

yeah i know what u mean. i tried to fade yesterday and lost. i'm going to stick with my system and my gut and trade em accordingly. I can trace back all my lost trades to not executing the system signals and trading outside the parameters of my system. I'm not doing that anymore!
 
Quote from jasonjm:

the powers that be will pump the market while they are talking

noways they are going to let the markets tank while they are giving a speech.

I went long ES futures here on that belief.
More...
Famous Last Words

LOL
 
It is not necessary to pay attention to so called gaps when trading the ES. There are much more important and definitive indications of where price will be headed than gaps analyses. More mistakes will be made by incorporating gaps into your thinking than you would otherwise make.
 
Quote from jasonjm:

the powers that be will pump the market while they are talking

noways they are going to let the markets tank while they are giving a speech.

I went long ES futures here on that belief.
More...
the morgans and goldmans may dump this thing hard just to twist the arm of congress and also to give them a chance to catch the winning touchdown pass
 
Quote from ammo:

the morgans and goldmans may dump this thing hard just to twist the arm of congress and also to give them a chance to catch the winning touchdown pass
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How will this affect your ES trading today?
 
Quote from ammo:

the morgans and goldmans may dump this thing hard just to twist the arm of congress and also to give them a chance to catch the winning touchdown pass
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FTR, I think we see some daylight today.

You could use any number of reasons why (everyone else does), but if the bottom holds we should see some retrace of yesterdays downpour.

But the reason(s) anyone should ever take any trade is purely because their system(s) tells them to, not becasue they think they can game the Feds.
 
the way this could affect todays market,we could sit in a tight range all day or til the fed is done talking,tho they speak again tommorrow,the world is not convinced that anything has been fixed and congress hasn't budged yet,i "think" the 80 year trendline from circa 1937 at 1140ish spx was a significant support and may hold,if you look at 2002 on that tl you will see we massaged it for awhile,thurs we touched it and catapulted up,it seems we are making our way back down for a retest,70 points down from last nites close is not a big move in these markets lately,these are great mrkts to trade if your right,they can blow out your acct if your wrong,it's best not to have an opinion,and to know where the lines are
 
Quote from Buy1Sell2:

How will this affect your ES trading today?
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I'm with you on that question. Just go with the flow and stay on the side of the momentum. Everything else just doesn't matter.
 
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