ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Quote from ASusilovic:

Hum...I see a flag forming in a downward move, does it mean we will resume falling ? Inquiring old trader mind wants to know...:)
More...

That's why I said 92 or 99 first.

Either case 92 will have to print. =P
 
if that 94-5 area holds in es and moves up, in market pro thats called a move away from the nip, i dont know there tech name but you can buy here and its a pretty good stop , on the 1st touch, that 97 was just the 1st res in the opening hour scalp, eur/usd has a h and shoulders forming on daily after a nice rally, thats the reason i wait for lower es,
 
Quote from hektor:

Why dont we get any instant deeper retracements on larger moves in the last months, both for the ups and downs?

The years before we get an fast minimum bounce back to 1002-1003 on a 16 point move and now we first make a consolidation range for an hour and then decide if we go back or continue down.
More...

Today is first trend sell day > 17 pt down move with no retracements.

That is something new for guys/gals who started trading this year for only 6 months.

It is very confusing for them because all dip buying and average down on new low works can bail them out all the time quickly in the past 6 months.

Thus the pause.
 
Quote from millionaire7:

Where do you live.
More...
East coast... slept late last night.

Dammit, my entry was off by 1pt. Patience is a virtue that I am still looking for.

Today feels slower than yesterday :mad:
 
Quote from hektor:

Why dont we get any instant deeper retracements on larger moves in the last months, both for the ups and downs?

The years before we get an fast minimum bounce back to 1002-1003 on a 16 point move and now we first make a consolidation range for an hour and then decide if we go back or continue down.
More...
this mornings ppi set a 60 year record, this is happening a lot, this tarp rally was injected to prevent a massive selloff into the abyss, i think the risk is still there, they are buying time until they come up with a new bandaid, until they find it,they are trying to keep the dam from breaking, hence buy every selloff, pure b.s. , i know ,
 
Status
Not open for further replies.
Back
Top