ES Journal Archive (2009 - 2010)

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Quote from JSSPMK:

LC, what do you see in EUR now? Any change in sentiment?
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A choice.

Central banks can choose to bankrupt their countries economically by letting USD crash, or, pop it here with the potential to crash their stock mkts.

=D

Edit: They are now hostages to Ben's scheme ... no way out. Unless an external event happens, a shock, then they can bail out from this scam and put the blame on the shock. =P
 
Quote from Lawrence Chan:

A choice.

Central banks can choose to bankrupt their countries economically by letting USD crash, or, pop it here with the potential to crash their stock mkts.

=D

Edit: They are now hostages to Ben's scheme ... no way out. Unless an external event happens, a shock, then they can bail out from this scam and put the blame on the shock. =P
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I went short EUR/USD, stop 1.5093.

Check out this Daily chart of USD. I am fully aware that a lot of traders will say - Hey man, you're early, wait for TL break. My gut tells me that USD will bounce soon.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2634000>
 

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Quote from JSSPMK:

I went short EUR/USD, stop 1.5093.

Check out this Daily chart of USD. I am fully aware that a lot of traders will say - Hey man, you're early, wait for TL break. My gut tells me that USD will bounce soon.
More...

Mentioned this somewhere else.

I have a 4-hr EURUSD sell setup in place

Trigger is taking out the low from the bar before noon ET.

And it is a very powerful formation, implying 1.4 or lower.
 
Quote from Lawrence Chan:

Mentioned this somewhere else.

I have a 4-hr EURUSD sell setup in place

Trigger is taking out the low from the bar before noon ET.

And it is a very powerful formation, implying 1.4 or lower.
More...

TY man, much appreciated. Good luck!
 
Quote from Lawrence Chan:

Mentioned this somewhere else.

I have a 4-hr EURUSD sell setup in place

Trigger is taking out the low from the bar before noon ET.

And it is a very powerful formation, implying 1.4 or lower.
More...

LC ....have you considered the price action during the asian and us sessions..........am not sure how much technicals that pair obeys lately........
 
Quote from xty:

LC ....have you considered the price action during the asian and us sessions..........am not sure how much technicals that pair obeys lately........
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It follows the technicals pretty well.

You cannot read it with just indicators, price levels.

You need to see it from a higher timeframe, structural level to see where it is heading.

I do not pick top and bottom, so that saved me a lot of hassle. =)
 
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