ES Journal Archive (2006 - 2008)

[ammo]

sh 93,97 stp,89 bd

 

[Pekelo]

Quote from Buy1Sell2:

Long with 20 at 1000.25
Initial stop 990.25

One of these days, you gonna have to start listening to me...

 

[saliva]

Quote from Lawrence Chan:

Usd/jpy selling off ... daily continuation sell?

If so ES may as well sell to 70-80 level before next leg up.

Since I never traded forex, I'm somewhat curious as to what the direct correlation between USD/JPY and ES is as far as intraday trend is concerned.

 

[startraitor]

covering all but 1 at 86, see if we get 80-

Quote from startraitor:

shorting 99-1002, stop 1010, target 80-

 

[ammo]

Quote from saliva:

Since I never traded forex, I'm somewhat curious as to what the direct correlation between USD/JPY and ES is as far as intraday trend is concerned.

just start watching sal,its great indicator,when usd/jpy hits supp/res,es turns edit....usd/jpy s/r lines ,u need to b a little forgiving ,since it's 2 instruments

 

[Lawrence Chan]

Quote from saliva:

Since I never traded forex, I'm somewhat curious as to what the direct correlation between USD/JPY and ES is as far as intraday trend is concerned.

US mkt is a global mkt. Most real buyers of US stocks are not from US at all.

The usd/jpy can be viewed as the combined cash in/out flow into US from various other means as yen is still the vehicle for carry trade, a mechanism to borrow huge amount of money so to speak.

Edit: I wonder if US cuts its rate down to nothing like Japan, what would happen to the correlation.

 

[saliva]

Quote from Lawrence Chan:

Edit: I wonder if US cuts its rate down to nothing like Japan, what would happen to the correlation.

Fat boy slim??

 

[Bigpipn]

Quote from saliva:

Since I never traded forex, I'm somewhat curious as to what the direct correlation between USD/JPY and ES is as far as intraday trend is concerned.

I put up a 30m chart of SPX and a 30m Usd/jpy chart and print money. Staying away from yen short straddles for a little while.

 

[startraitor]

adding 1 short at 96, need a hard break of 90 now for confirmation.

 

[ammo]

sh 96.75 and 98,