ES Journal Archive (2006 - 2008)

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Well, that was the NNBs having fun... blowing off

Still looking for that short -- as soon as that swing hi kicks in in the ES 5 min chart
 
This is one massive short-covering rally. If you're a bear, and hopefully not a permabear, take care of your bare ass. If you happen to be a train spotter like me, just enjoy life as it comes. One missed opportunity ain't the end of the world. :D
 
Dollar yen may be putting in a short term bottom here for several weeks.

48 acted as resistance once.
58 failed to stop the mkt going up at all and now it is support.
 
Well, as we can see, the stock market and forex is now actively managed by authorities.

The buying at 820 in ES and the pop up of USD/JPY of 100+ pips to enforce the upside breakout are good examples that we should not just trade the chart, but also question why something supposed to happen has not.

Edit: e.g. The new low made in the first hour should be taken out before noon with range expansion to the down side, not tight range and drift up to above the pivot.
 
Quote from Lawrence Chan:

Well, as we can see, the stock market and forex is now actively managed by authorities.

The buying at 820 in ES and the pop up of USD/JPY of 100+ pips to enforce the upside breakout are good examples that we should not just trade the chart, but also question why something supposed to happen has not.

Edit: e.g. The new low made in the first hour should be taken out before noon with range expansion to the down side, not tight range and drift up to above the pivot.
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So this is the work of PPT, eh? I believe ya.
 
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