ES Journal Archive (2006 - 2008)

Buy1Sell2 · Jun 28, 2006

Looks like chop right now--Indecisive. Your RSI, CCI and MACD still look strong, but they can through congestion. Longer term, odds favor upside.

BoyBrutus · Jun 28, 2006

B1 whats the eurodollar indicating to you?

28 Jun 2006 10:40 ET *DJ Dollar Pushes Euro Lower As Pre-FOMC Jitters Hit Mkt

saliva · Jun 28, 2006

Just went in short @ 1250.50.
watcha think?

saliva · Jun 28, 2006

BTW, profit target @ 1248.25

Buy1Sell2 · Jun 28, 2006

Quote from BoyBrutus:

B1 whats the eurodollar indicating to you?

28 Jun 2006 10:40 ET *DJ Dollar Pushes Euro Lower As Pre-FOMC Jitters Hit Mkt

Not certain what you are asking. I think you mean Euro Currency. If it is an interpretation of why the euro is dropping, I have no opinion because I really just look at charts. --Sorry

By the way, so far my hunch about the Euro drop causing upside in ES has been wrong. Fortunately, I am short the Euro FX(and have been), so it's a bit easier to stay in the long ES trade. That coupled with the fact that I am still holding short ES positions in the long term account.

Buy1Sell2 · Jun 28, 2006

Quote from saliva:

Just went in short @ 1250.50.
watcha think?

Based upon which time frame chart?

saliva · Jun 28, 2006

Quote from Buy1Sell2:

Based upon which time frame chart?

5-min

BoyBrutus · Jun 28, 2006

Quote from Buy1Sell2:

Not certain what you are asking. I think you mean Euro Currency. If it is an interpretation of why the euro is dropping, I have no opinion because I really just look at charts. --Sorry

By the way, so far my hunch about the Euro drop causing upside in ES has been wrong. Fortunately, I am short the Euro FX(and have been), so it's a bit easier to stay in the long ES trade. That coupled with the fact that I am still holding short ES positions in the long term account.

Euro drop causing upside in ES - Yeah thats what I meant.

Buy1Sell2 · Jun 28, 2006

Quote from saliva:

5-min

Hard to argue with that on that time frame.

Buy1Sell2 · Jun 28, 2006

Quote from BoyBrutus:

Euro drop causing upside in ES - Yeah thats what I meant.

It was just a feeling. There have been many days when my Eurofx chart is going exactly opposite of the ES chart side by side in real time. Doesn't happen totally of course-- Look at the daily charts during March and April, both were to the upside. I was just throwing it out there for thought.