ES Journal Archive (2009 - 2010)

[rock34748]

Quote from startraitor:
Dec 31 2008 cash close should be the pull from here. 903.25.

I must be quite the chicken, even with a disposable IRA account. For no fundamental reasons other than imagination I'm thinking Jan 1 financial headlines... "S&P 500 closes 2009 12+% above 2008, AND an unprecedented 50% above it's March lows, AND over 1000." PPT might very much want it to be 1013-to-1014ish at year end. Not a prediction, just a drunk thought, need some sleep.
edit: I realize you said pull, not that it would get there.

 

[romik]

Quote from Buy1Sell2:

For price to move higher, it must necessarily, make new highs.

What is your outlook on what's happening in the world right now, your thoughts.

 

[flatron]

wow! lol. Unreal. up up and away!!! Wouldn't suprise me if we are at 1200 in no time. Gonna stick with trading CL for now I think! Good luck if you are short.

 

[JSSPMK]

Quote from Lawrence Chan:

If EURUSD stays in its range for another day, it will turn into a breakout formation, killing the short signal.

Gee ... we are living in interesting time.

I think one has to just take on board Buy1Sell2's notion of if it breaks Hi buy if breaks Lo sell. Last resistance area remains 1.5080 zone, if taken then Hello 1.6?? It's been there already, like it or not.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2635981>

 

[Pekelo]

More rally to come I guess:

"LONDON (Dow Jones)--The dollar is under pressure in European trading hours after a top U.S. Federal Reserve official hinted that authorities won't step in to boost the buck unless its decline became "disorderly."

We have another 2nd gap with 2 days between the gaps.

 

[JSSPMK]

Quote from Pekelo:

More rally to come I guess:

"LONDON (Dow Jones)--The dollar is under pressure in European trading hours after a top U.S. Federal Reserve official hinted that authorities won't step in to boost the buck unless its decline became "disorderly."

We have another 2nd gap with 2 days between the gaps.

And USD index now 74.85 & has been as low as 70.79 back in 03/2009. Logically if that's what the FED suggested, then USD ought to go to 70 zone. That's when EUR was 1.6

 

[ASusilovic]

Quote from ASusilovic:

A couple of hours later....

Seems 1006-1107 is a possible target...

240 min chart

 

[gobar]

market making new high but market mover stocks r lagging

GS, AAPL, X, BHP, WFC, BAC, GE, OIH, UNP, BRCM, INTC, COST, JPM...

Etf - XLF, XLE, IYT

 

[Lawrence Chan]

Quote from JSSPMK:

I think one has to just take on board Buy1Sell2's notion of if it breaks Hi buy if breaks Lo sell. Last resistance area remains 1.5080 zone, if taken then Hello 1.6?? It's been there already, like it or not.

I sure don't mind that happening as someone who likes to ride the trend. =)

 

[JSSPMK]

Quote from Lawrence Chan:

I sure don't mind that happening as someone who likes to ride the trend. =)

I closed my EUR short for a loss didn't let it run to original s/l, got busted on a Gold short also. Have my eyes set on oil Daily BO trade right now & same for EUR