ES Journal Archive (2006 - 2008)

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Quote from Brucelee:

Yes, but these finance houses also have retail traders trading through them, and as far as I know, there is no �watermark�identifying who actually placed the trade, only that it came from a particular broker.

Spoozetop; sorry to sound like I am flogging a dead horse, but I do find it fascinating.

I agree Bruce, it is fascinating; the men behind the curtain and the strings they pull. The players include the Federal Reserve...a private bank no more Federal than Federal Express, the big wire houses and the US Government.

I don't know the particulars as to how they scratch each others back, but rest assured, it happens all the time. I would consider myself naive to think otherwise.
 
price action on the whole was positive today, rescue attempts for an agenda.

reverse head and shoulders.

risk is that the market held up for three bars, and based on symmetry the 4th bar is breakout, the market based on todays action is giving the impression it will breakout to the upside.

there is really no news tommorrow, so a catalyst is not there, thursday we have some news, and we have the Friday predilection for closing positive on the week.
 

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world equity market moving average is turning.. China meeting resistance at previous highs, and European markets sold off yesterday, with earnings coming in below forecast today.
 
Quote from Spectre2007:

world equity market moving average is turning.. China meeting resistance at previous highs, and European markets sold off yesterday, with earnings coming in below forecast today.

looks pretty green, actually looks like Europe is about to make a push for new highs (DAX)
 
Quote from Spooz Top:





10 min observation is a possible IHS with a 51 neckline.......gap up could make it come to fruition. [/B]


they gapped it off the IHS/Inverse Head & Shoulders........but can they run it?

after 54........we have 57/58 R.
 

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Quote from apex82:

Great long position oppurtunity here in YM. Long at 13705 stop below the low 13691

Target new all time highs in the dow

profit was taken at the open at the retest of all time high when the market did not show the momentum to continue higher. Still long one unit with a breakeven stop at 13705.. but this market is getting killed.

Risk 14pts

Profit +105pts
 
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