ES Journal Archive (2009 - 2010)

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JSS,

EURUSD points to 1.41 and below 1.40 depending on the kind of projection you are using.

That means, it will be very hard for ES to run up from here unless a good flush happens soon.
 
Quote from Lawrence Chan:

JSS,

EURUSD points to 1.41 and below 1.40 depending on the kind of projection you are using.

That means, it will be very hard for ES to run up from here unless a good flush happens soon.
More...

So you're thinking it'll drill below 94. I have my cover @ 94, and I'll prolly keep it there for now.
 
Quote from Lawrence Chan:

JSS,

EURUSD points to 1.41 and below 1.40 depending on the kind of projection you are using.

That means, it will be very hard for ES to run up from here unless a good flush happens soon.
More...

I am not trading indexes right now, just gold. Too much congestion in indexes still, are we going up or are we going down? Maybe they are waiting on USD bounce's top to take stocks higher?

Also, EUR not keen on right here either way, would like to see Dailys develop more or sell ticks below daily bar's lows with tight stops
 
Quote from Eko_Trader:

So you're thinking it'll drill below 94. I have my cover @ 94, and I'll prolly keep it there for now.
More...

Nope. I am saying to bet on it going higher, you need to buy at a much lower price for better risk reward ratio.

Going long here, even with valid setups, does not give me the 1:3 kind of trade.
 
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