ES Journal Archive (2009 - 2010)

[startraitor]

shorting 36-37, stop over 38.75, taget 25.50.

 

[Nagelis]

Quote from Bigpipn:

Weeeeeeeeee Eur/jpy!!

Those JPY waves can be a blast to ride!

eur/jpy is only a second derivative of what happens in ES...

a 10 tick move in ES as we saw just now up and down =1.1 pct
translated into eur/jpy is exactly the same move (from 117.75 to 116.45) , but it all starts in ES...

all us FX traders now watch ES

 

[Bigpipn]

Quote from Nagelis:

eur/jpy is only a second derivative of what happens in ES...

a 10 tick move in ES as we saw just now up and down =1.1 pct
translated into eur/jpy is exactly the same move (from 117.75 to 116.45) , but it all starts in ES...

all us FX traders now watch ES

Which his why I posted it in "ES Journal."

You're preaching to the choir. My bread-n-butter is trading yens from SPX chart w/ momo counts.

Sometimes you'll get a 10-figure sum of exotic options expiring (like late last week) concurrent w/ a sell off in equities for an exaggerated move. Actually, this happens quite often.

You'll also get yen drift after the close.

I'd much rather trade FX than ES. There are some great traders in here that if they were to trade FX for a few months they'd never go back to trading futures.

Anyhow... No more dollaryen short vol plays (cause of last 2 blow ups) me.
GL & GT

 

[Lawrence Chan]

Odd price action.

Opening range break down for sure.

Failed to hold previous week high.

 

[princessa]

Quote from volente_00:

JUZLIKEOBAMADEMTDAYBOYZWILSPANKDATAZZLIKEYOMOMMA


DAPREZBEGIVINGBAILOUTMONEYSOUNOESDEMTDAYBOYZIZGONAHITALICKONDEMSHORTIES

 

[princessa]

Quote from Nagelis:

eur/jpy is only a second derivative of what happens in ES...

a 10 tick move in ES as we saw just now up and down =1.1 pct
translated into eur/jpy is exactly the same move (from 117.75 to 116.45) , but it all starts in ES...

all us FX traders now watch ES

amen.

a mi tambien....

 

[princessa]

Quote from Bigpipn:

Which his why I posted it in "ES Journal."

You're preaching to the choir. My bread-n-butter is trading yens from SPX chart w/ momo counts.

Sometimes you'll get a 10-figure sum of exotic options expiring (like late last week) concurrent w/ a sell off in equities for an exaggerated move. Actually, this happens quite often.

You'll also get yen drift after the close.

I'd much rather trade FX than ES. There are some great traders in here that if they were to trade FX for a few months they'd never go back to trading futures.

Anyhow... No more dollaryen short vol plays (cause of last 2 blow ups) me.
GL & GT

amen. i made the switch....

 

[Lawrence Chan]

Key price level to clear for going up is 839-840.

After that new high for the day.

 

[Bigpipn]

Quote from Lawrence Chan:

Odd price action.

Opening range break down for sure.

Failed to hold previous week high.

Indeed it is. No trades from 1030-130EST for me and I need to take advantage of this 71 degree FL weather before I move up to Chi-town and freeze my butt off.

Be careful in this chop n slop.

Pek should kill this. (He has nothing on Puresh*t though, with 17x daily range).

 

[ASusilovic]

Quote from Nagelis:

eur/jpy is only a second derivative of what happens in ES...

a 10 tick move in ES as we saw just now up and down =1.1 pct
translated into eur/jpy is exactly the same move (from 117.75 to 116.45) , but it all starts in ES...

all us FX traders now watch ES

Didn´t you watch it the last 5 years ?