ES Journal Archive (2006 - 2008)

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Quote from JSSPMK:

I have no idea how you (Spooz Top) can expect -1000/1200 on Dow when you say your trade decisions are not linked to fundamental analyses. Being a technical trader do you see that much of a decline in charts?

All I see so far is controlled retracement which most likely (it looks that way now anyhow) is setting up a divergence on the daily chart to reignite the bull. Not saying I am a naive optimist, that is simply what I see in charts. People that are calling for a DT in this market ought to know that a DT from a technical point of view only becomes a DT when support is broken and that support turns resistance.

So, unless I have been placed on ignore (LOL) I ask kindly (yet again) to let me know (and I am sure other appreciative people also would like to know) what is it you are seeing?

I hope you realise that I wouldn't have asked you if I didn't think highly of your skills :)

TY!

P.S. You don't have to answer right now, business first.
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you`re not on ignore JSS....i actually have noone on ignore...including islands :)

i don`t recall you asking me this before but i`ll post it later sometime.

i read alot of tea leaves & the stars..........i`ve never seen the constellation as angry & red as it has been these last few months....especially last night.
 
Quote from apex82:

scaling first position in long on the yen small stop
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Long yen means you are looking for the unwinding of the carry trade, have I got this the right way around?
 
Quote from BoyBrutus:

Long yen means you are looking for the unwinding of the carry trade, have I got this the right way around?
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just a chart setup... I try to not let fundamentals affect my bias..
 
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