ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from Lawrence Chan:

EUR in breakout mode.

And as I mentioned last night, some government is popping EURUSD at all cost to avoid further carry unwind.

We are talking about USDJPY kind of unwind man.

Worldwide stock mkt can drop 5 to 10% once the bailout point is hit.

Not quite a BO, it stopped right on the upper bearish TL on hourly chart.
 
Quote from JSSPMK:

Not quite a BO, it stopped right on the upper bearish TL on hourly chart.

4 hr chart.

2 weeks tight range.

A strong move in either direction outside of this zone will tell the tale.

If it comes back up, a breakout of 1.45+ will give you the setup, and ample time to buy for a retest of last year high.
 
Quote from Lawrence Chan:

EUR in breakout mode.

And as I mentioned last night, some government is popping EURUSD at all cost to avoid further carry unwind.

We are talking about USDJPY kind of unwind man.

Worldwide stock mkt can drop 5 to 10% once the bailout point is hit.
isnt there a huge bond repo in march, lowering value of dollar to payback ,would that be advantage for U.S.,aside from obvious temporary surge in oil if dollar plummets
 
Quote from Lawrence Chan:

As usual, no stops? =)

Not on a long trade on an index. Much better of scailing in if you need too.
Check the posts of people like paulalan and lexcorp. They were posting longs everyday with no stops and both must have made an absolute boat load of cash last year.

Stops are for people who try to be clever by shorting something like the ES.
 
Quote from blackjack666:

I would like 4 points from this soon so that i can stop early for the day. That's the plan. order is in. at 1137

Thankyou Mr Market :)

out here at 1137 as planned for +4 :)

Doesn't get easier than that. A silly drop like that in such a good market HAS to be bought.
 
Quote from ammo:

isnt there a huge bond repo in march, lowering value of dollar to payback ,would that be advantage for U.S.,aside from obvious temporary surge in oil if dollar plummets

Not just US.

All countries with US pegged currencies benefit from the carry / export industries, etc.
 
Status
Not open for further replies.
Back
Top