ES Journal Archive (2009 - 2010)

Lawrence Chan · Mar 18, 2009

FOMC day.

We have 8 pts down from open now. Next can be 8 pts up.

Nagelis · Mar 18, 2009

LC, you move the market, as soon as you said that it pops up 4 points!!

startraitor · Mar 18, 2009

last and short 68.50, stop over 69.50, target 63

Quote from startraitor:

exit all but 1 65.25

Lawrence Chan · Mar 18, 2009

Quote from Nagelis:

LC, you move the market, as soon as you said that it pops up 4 points!!

It is just FOMC day sideway pattern, it did not happen yesterday, so it may as well happen today.

For bear case to work out now, PP must be taken out decisively, that means a flush below 64.

ammo · Mar 18, 2009

sh 68

ammo · Mar 18, 2009

Quote from ammo:

sh 68

scratch

trackstar · Mar 18, 2009

Shorting here 771-775

BoyBrutus · Mar 18, 2009

Feels like a low volume drift up into FOMC

Lawrence Chan · Mar 18, 2009

Quote from Lawrence Chan:

FOMC day.

We have 8 pts down from open now. Next can be 8 pts up.

NQ 2000 in sight.

ES 776 should be tagged by then.

Jahajee · Mar 18, 2009

Strong up move that started yesterday hasn't weakened as yet
so I still haven't shorted. Will short from 775 to about 790 but not if the uptrend is still strong.

SPX 785 to 795 is a very strong resistance zone