ES Journal Archive (2009 - 2010)

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Quote from MandelbrotSet:

One more short @ 1018
Stop @ 1022
Target ?
Trade taken off @ +2.75 pts.
-2pts on the day
+ about <strike>16pts</strike> 17pts on the month of August
+ 2pts on the month of July
***
My goal is to to continue developing my consistency and get my average up to +20pts ES per month.

Good trading
 
it would appear that a top is being formed from here. market not really selling off so could be a support for the up move as the market forms a sideways channel that could last well into the second week in September.

I'm still watching the AUD/USD for confirmation. USD/JPY shows that although the dollar has taken a hit this could also create some air underneath thus giving the stocks another boost.

we shall see. time will tell.
:cool:
 
Quote from pulsescan:

I'm still watching the AUD/USD for confirmation. USD/JPY shows that although the dollar has taken a hit this could also create some air underneath thus giving the stocks another boost.

I don't get your logic. A weak dollar is good for the stock market. When the dollar starts rallying, then you know the stocks are in trouble (or vice-versa). Flight to safety.
 
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