ES Journal Archive (2009 - 2010)

[bigb]

Quote from Pholeuon:

Second half sold at target 1101, with this target I had really luck.

sweet, close one

 

[ammo]

holding short...spx res line

 

[JSSPMK]

LC, looks like a failure in EUR so far, 3rd lower Hi. Still at TL though. I am on my second short now. If TL folds 23.6% is 1.4440 zone

 

[ammo]

eur/usd, setting up h and s, hourly 1.4830 break will get u 1.4640 tl

 

[ammo]

vol, u seeing 110-105, 107- 105

 

[Pholeuon]

Hi ammo and everybody, if we consider where is EUR/USD is now today I expect just just neutral scenarion on ES, or positive (in case when the EUR/USD drop was just maneuver allowing MMs pop up indexes without further weakening of US dollar). I will today not consider index shorts bellow DeMark high, unless it will start dropping like a rock with big volatility increase (one day WILL this artificial rally end and substantial correction will come)....

 

[ammo]

pho, whats your (demark ?) #

 

[ammo]

aading 1103.5 sh, avg 1089

 

[Pholeuon]

High DeMark pivot for ES is 1120.

Problem as I see that MMs are in last time often repeating scheme:

1. Push down EUR/USD and try hold indexes ad much as possible. Everybody agrees so no big problem.
2. When the indexes looks like they start sliding pop up EUR/USD (in pivot point direction it is easier) and take indexes with it.

 

[sttrader]

Quote from Pholeuon:

High DeMark pivot for ES is 1120.

Problem as I see that MMs are in last time often repeating scheme:

1. Push down EUR/USD and try hold indexes ad much as possible. Everybody agrees so no big problem.
2. When the indexes looks like they start sliding pop up EUR/USD (in pivot point direction it is easier) and take indexes with it.

Good observation. It's called market manipulation and they are very good at it.