ES Journal Archive (2009 - 2010)

[ASusilovic]

Quote from Spectre2007:

the manipulation is done during london sessions..

...where after a negative outlook of sovereign UK debt, GBP is making new year highs against USD...

 

[ASusilovic]

Quote from Lawrence Chan:

Currencies made their moves. ES should react now.

Yeah, today GBP mafiosos doing their part of the game...the funny part : UK wants to lure investors with a strong GBP in order to sell 220 billion in debt...now, that makes sense to me ! Keep your gilts. Thank you, no interest !

 

[Spectre2007]

you will see that the recent move in currencies has more to do with oil prices then anything else.

usd/jpy down
gbp/usd up
eur/usd up
oil up
equities up
bonds down

dollar devaluation starting again, till another crisis builds up in credit markets then dollar rally... flight to safety.

which will lead to:

oil down
usd/jpy down
eur/usd down
gbp/usd down
equities down
credit up..
volatility up

so the carry trades will see the most impact.

eur/jpy down
gbp/jpy down

edit: it should have read 'engineered crisis'...

 

[Lawrence Chan]

NQ gap fill in play.

 

[Lawrence Chan]

Trend sell day melt down from 1 pm, or delay til 2 pm with a higher high ....

Hard to say.

Of course I prefer it melt down now to fill the gap below. =)

 

[Spectre2007]

notice the carry trade charts look very similar to equities charts

 

[Alvianse_D]

Lawrence,

Do please say a few words about commodity 18/20/45 period cycles that we could use, as only someone who'ld think to open an 103 minute chart could.

Thanks

 

[mTrader09]

Quote from mTrader09:

closed the NQM9 position at 1390.75

Will reshort tomorrow

still holding ESM9 short from 920

Place Stop at 891

 

[Lawrence Chan]

Quote from Alvianse_D:

Lawrence,

Do please say a few words about commodity 18/20/45 period cycles that we could use, as only someone who'ld think to open an 103 minute chart could.

Thanks

"

I use many odd time frames ... 103 is not one of them.

Mentioned here many times ... I have a structured view of all markets. Price discover in a higher frequency level (e.g. 1-min) breaking out of its confined range will lead to price discovery in next frequency level (e.g. 5-min), and that process repeat itself.

Example - Test of previous day high. Failed, price will try to go back down. Successfully taking it out, will gun for week high or previous week high.

 

[ASusilovic]

Quote from Lawrence Chan:

Trend sell day melt down from 1 pm, or delay til 2 pm with a higher high ....

Hard to say.

Of course I prefer it melt down now to fill the gap below. =)

LC,

which gap do you see below ? 876,10 or 850,50 ?