ES Journal Archive (2009 - 2010)

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Quote from Nexen:

Too much redundancy if you ask me, most move at the same time, as these markets are too efficient in relation to each other, including market internals, and if there's some sort of divergence some days one will catch up to the other (which you never know for sure) and others, the indices will chop like hell.

There's no edge in the above.
heres an example of the DJT breaking intrady supp whilr the es is still holding its supp line, lets see what happens
 

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Ammo, I believe you can make bigger returns in currencies at the moment, also, as LC has mentioned they aren't that easy to manipulate as equity markets. I posted that link about pre WWII not to educate, but so people could compare what was happening then to now. We haven't reached the climax yet ImPO, so we could well be heading higher, so shorting market may put you at a considerable disadvantage. Just a thought.
 
I was 1st short at 1106.25 when my indicators told me to get out, so was able to get out at break even. The market then went up to 1108.50 and then came back down to around 1106.50.

It looked like we did break out of a triangle and came back to kiss it good bye, so went long 1107 and got out at 1108 for a profit with confirmation of one of my better indicators.

Seems like market ranging or chopping a bit here so just was going for 1 point with hard stops.
 
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