ES Journal Archive (2009 - 2010)

Trvlwanderer · Jan 7, 2010

Quote from JSSPMK:

Eur getting ridiculous

local target 1.426 if we can get the break. Longer target still below 1.40.

JSSPMK · Jan 7, 2010

Quote from Trvlwanderer:

local target 1.426 if we can get the break. Longer target still below 1.40.

Hourly points to bounce

Lawrence Chan · Jan 7, 2010

Quote from JSSPMK:

Eur getting ridiculous

Last few minutes someone is sending a message.

Geez ...

JSSPMK · Jan 7, 2010

Quote from Lawrence Chan:

Last few minutes someone is sending a message.

Geez ...

And the message is - don't go there or we will do very bad things to you?

Just glad it's shifting now, phew! Need 100 pip move now to be in black by 20, got really stuck there.

Lawrence Chan · Jan 7, 2010

Quote from JSSPMK:

And the message is - don't go there or we will do very bad things to you? Just glad it's shifting now, phew! Need 100 pip move now to be in black by 20, got really stuck there.

I already figured out who is buying - some country that needs USD to crash, or at least stay cheap.

The question is that who is selling against that?

As far as I see, the selling side is as powerful as the buying side.

Trvlwanderer · Jan 7, 2010

nice little slope.

nice little base.

Still targeted short from well above. Would like this position to remain strong and green over night. Stay below that daily 144EMA for just a bit longer.

ammo · Jan 7, 2010

Quote from pokito:

ammo,
your GOOG option in the money now....still holding ES..16 shorts from around the holidays or average into it?

covered 16 shorts at 23,still sh goog, 602/16/18/23 (590 and 80 puts)sh es 31.33.,34, and now 37

ammo · Jan 7, 2010

http://www.goodmorningwallst.com/gmws010710r.asp dollar/market correlation explanation

[Proximo] · Jan 7, 2010

EUR // lots of ppl betting it'll pick back up.

I wouldn't be suprised if we get a flush to 1.40 and then bounce.

adadadog · Jan 7, 2010

Quote from [Proximo]:

EUR // lots of ppl betting it'll pick back up.

I wouldn't be suprised if we get a flush to 1.40 and then bounce.

The Fed may let banks deposit their money at Fed for interests to reduce liquidity in addition to raising prime interests rate. The Fed may be able to exit quickly to fend off inflation. USD has been rising, other currencies have being declining. Today night commodity futures are slaughtered. Just be cautious, do not underestimate the FED.