ES Journal Archive (2009 - 2010)

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ES trading pattern is simply INSANE. Stupid fights of algos hammering 89k contracts in the last 5 minutes in order to get a "desired" closing price is out of this world.

And that´s what we call "market pricing".

LOL ! :p :D
 
Going out on lod - been a long time since that happened (at least on a day that was actually down)!!!

Now if we open in the hold tomorrow morning I would expect perhaps this pullback could be done for a rally into qtr end - though I am still not certain that could happen. Just think its plausible. Euro/yen still weaker today which may be the bigger sign here.

Good trading all!
 
Quote from ASusilovic:

ES trading pattern is simply INSANE. Stupid fights of algos hammering 89k contracts in the last 5 minutes in order to get a "desired" closing price is out of this world.

And that´s what we call "market pricing".

LOL ! :p :D

Totally agree - it's getting completely silly - everytime we break and hit a new low of day we get all kinds of buying coming in to take us right back. Makes no damn sense.
 
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