ES Journal Archive (2009 - 2010)

Status
Not open for further replies.
Higher prices in ES not getting supported by stocks and not seeing any definitive selling in futures either, its time for the usual chop :D
 
Quote from JSSPMK:

Daily chart (line) points to selling pressure.

I know.

And targeting a new low at or below 1.41 makes perfect sense as that is only half the original leg running down. That also assumes a significant reverse or bounce from there because of divergence of various kinds will automatically show up there.

But the price raid in ES, its components, are now showing up in EURUSD at the same time ...

Something is not right.

Someone wanted the bottom at 1.43 zone NOW, and that is backed by huge $$$.
 
Quote from Lawrence Chan:

I know.

And targeting a new low at or below 1.41 makes perfect sense as that is only half the original leg running down. That also assumes a significant reverse or bounce from there because of divergence of various kinds will automatically show up there.

But the price raid in ES, its components, are now showing up in EURUSD at the same time ...

Something is not right.

Someone wanted the bottom at 1.43 zone NOW, and that is backed by huge $$$.

Well what is more in demand USD or EUR? I heard JRogers saying he will be using USD bounces to get out of it.
 
Quote from flatron:

trying long here at 1133.5

Painfully boring.
Putting a take profit in at 1137.5.

Limit in to add to long if it drops to 1131 before it hit my profit target. Off out for dinner.
Good luck
 
Quote from riverstopper:

Behold Mokele Mbembe!.

Thought that he is stopping the flow and turning the tide.

Building a big reservoir here to break all the ice below like 22, 18, 13, etc.?
 
Quote from JSSPMK:

Well what is more in demand USD or EUR? I heard JRogers saying he will be using USD bounces to get out of it.


tomorrow's number will decide where we go...until then, just range chop and speculation moves
 
Status
Not open for further replies.
Back
Top