ES Journal Archive (2009 - 2010)

[Lawrence Chan]

Quote from opt789:

Like I said, 25 breaks it goes to 19, then if 19 breaks it goes to 11.
Unfortunately the predictable trade is done now, so I have to wait and see how real this move is to figure what is next.

Tagging SPX 2009 close was the goal. Jobs done.

Now, old support turns into resistance 18.

Should that got taken out - previous day low again. =)

Edit: EURUSD on fire.

 

[tortoise]

the conspiracy theorist in me can't help but marvel at the change in character coincident with the Mass. election.

It's as if someone's saying, "if you continue to behave like naughty children, there shall be no more obamabucks."

 

[ASusilovic]

The gap is not fully filled, but partial filled. Anyway, I am happy.

 

[kinggyppo]

That was a bomb from Obama, I would be very cautious here. If you take a long keep relatively tight stops. Good trading.

 

[ASusilovic]

EUR / USD getting weaker. Expect rebound.

 

[JSSPMK]

Quote from ASusilovic:

EUR / USD getting weaker. Expect rebound.

so far looks like a bull hammer foundation to me on daily chart, if they finish it by eod I will be in

 

[Lawrence Chan]

Quote from JSSPMK:

so far looks like a bull hammer foundation to me on daily chart, if they finish it by eod I will be in

EURUSD retested the low with 3 pushes down and failed to take it out.

A run to double the DB height is expected => 1.42

 

[saliva]

Quote from kinggyppo:

That was a bomb from Obama, I would be very cautious here. If you take a long keep relatively tight stops. Good trading.

What's the bomb scare about? Obama's reform plan was on the table for months, no?

 

[Pholeuon]

Bears are celebrating Ben kick off helicopter.

 

[kinggyppo]

just the way the tape was moving, its been a while since I have seen that type of volatility. The tape looks scared.