ES Journal Archive (2009 - 2010)

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if the data is supporting a possible turn in the economy.. then all price action is just accumulation...

big fundies irrespective of day to day price action ultimately the price will be higher.
 
Quote from Spectre2007:

if the data is supporting a possible turn in the economy.. then all price action is just accumulation...

big fundies irrespective of day to day price action ultimately the price will be higher.

Hey spectre you back trading or having fun?
 
Quote from kinggyppo:

Hey spectre you back trading or having fun?


I'm getting that scalping itch again.. the way you take advantage of the MM's is when you've figured out the overall phase the data is supporting for the economy.... then just fade the price action against the economic trend.

meaning if the economy is turning up... or possibly turning up.. any price action to the downside is a opportunity to buy.
 
Quote from Spectre2007:

I'm getting that scalping itch again.. the way you take advantage of the MM's is when you've figured out the overall phase the data is supporting for the economy.... then just fade the price action against the economic trend.

meaning if the economy is turning up... or possibly turning up.. any price action to the downside is a opportunity to buy.

yep that is what I am seeing, buy1 and wave called it. By the way, wave told me 750 when es was at 1150. I would like to see a retest of 820 es. Thanks, spectre don't be a stranger. :)
 
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