ES Journal Archive (2009 - 2010)

[pocketmoney]

Quote from Airwaves:

made me wait too long for my wages today, but never mind...I still LOVE the ES!
Out here for +4

Limit in to buy again at 1140

You've posted a serious amount of +3's and +4's man. I love it.

 

[Airwaves]

Quote from candles:

Technical issues since thursday. missed out on some easy easy upside money on Friday

Going long here at 1142.75
Will close at 1150ish.

Nice trade!
Classic case of buying when teh amateurs are waiting for 'the big drop' lol

Catch you tomorrow

 

[W4rl0ck]

Still can't/won't close that gap above.

 

[kinggyppo]

PGN




look familiar

 

[pocketmoney]

Screw it.
Im joining the money makers! lol
Only a small sub-account for this experiment.
Long 1144!
TP 1154

 

[eMiniFreak]

Quote from Pekelo:

I guess the US/Euro would do it. The Euro has been acting exactly the same as the market.

Or if ETFs, UUP (dollar bullish fund)has inverse, UDN (dollar bearish fund) converse relationship with the market....

But the same with crude oil, also measured in dollars, price bottomed the same time, when the dollar was the strongest and as the dollar lost its strength, CL kept climbing (73-79). Of course this straight forward relationship is obvious only if nothing else changes, like politics, inventory, accidents,etc...
And of course gold too...1210 >>>1290

Ok, I'll have to watch those for a while. I checked out DXZ10 after your comment and it seems to lag movements on ESZ10 so far. Your note implied that declining dollar value has been a leading driver, and perhaps its the calculations going into DX that would make it lag a bit.

 

[Pekelo]

Quote from Airwaves:

Classic case of buying when the amateurs are waiting for 'the big drop'

...and while we are waiting, just how do you know that at least a dozen of us are not backing your calls? After all they are very good!

In the maintime, we are going to have a dragon watch on the daily cash chart. We just had a doubletop and falling, the Height is 26 pts, so the Failure zone should be around 1150-13= 1137 (cash) which is also the SMA 9 line with a possibility to bounce. Tomorrow will tell if we have a Failure with a 3rd top or not...

 

[JSSPMK]

Quote from eMiniFreak:

Ok, I'll have to watch those for a while. I checked out DXZ10 after your comment and it seems to lag movements on ESZ10 so far. Your note implied that declining dollar value has been a leading driver, and perhaps its the calculations going into DX that would make it lag a bit.

LC mentioned in the past that EurUsd tends to frontrun ES by 1/2 day I believe.

 

[eMiniFreak]

Quote from Pekelo:

...and while we are waiting, just how do you know that at least a dozen of us are not backing your calls? After all they are very good!

In the maintime, we are going to have a dragon watch on the daily cash chart. We just had a doubletop and falling, the Height is 26 pts, so the Failure zone should be around 1150-13= 1137 (cash) which is also the SMA 9 line with a possibility to bounce. Tomorrow will tell if we have a Failure with a 3rd top or not...

Substantiating Pekelo's observation... take a look at SPY volume today... and a considerable amount of the visible part of the volume stick was in the last hour of RTH...

 

[ammo]

down volume last hour