ES Journal Archive (2009 - 2010)

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Quote from ASusilovic:

Price action like in good old bear market times before March 2009. Sellers rushing to the exits. Still waiting for my 1069.00 gap to be filled. About time.
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EURUSD still some room to go down today.

Its Friday EUR seldom stopping nowhere.
 
Quote from tomahawk:

I noticed that tendency LC ... why do you think that happens?
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Human nature - closing positions at the end of the trading week.

As EURUSD is the most liquid pair, you have the most # of participants doing the same thing at the same time. =)
 
Quote from Lawrence Chan:

Human nature - closing positions at the end of the trading week.
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You know that's plain silly. The real reason why these trannies are so unsteady is that they're about to lose their patron saint: helicopter Ben. Geezus, gawd forbid! :eek:
 
Quote from Lawrence Chan:

EURUSD still some room to go down today.

Its Friday EUR seldom stopping nowhere.
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All you need is some banksters in London creating "Greece panic", questioning the European Union and the EU Commission saving the country in the last moment. Rescue package talk here, bla, bla, bla there and some EUR selling is enough. Do I want to own USD ? Heck, NO ! I convert every trading session USD into EUR ! What shall I do with toilet paper ? :D
 
Quote from Lawrence Chan:

A lot of people bought the new low in anticipation of PPT rally from 2pm ...
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i think the ppt program is done, no more easy money, 1075 will get you 1069, we will see if they defend it, then they may still be around
 
Quote from Lawrence Chan:

A lot of people bought the new low in anticipation of PPT rally from 2pm ...
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Yeah, but don't forget our befriendly schizophrenic market participants you can always count on to surprise every normal thinking human nature. You have to be a criminal mind by nature to understand the "logic" of these destroyers.
 
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