ES Journal Archive (2011)

[ammo]

Quote from ammo:

add 39...41.25,,42,25 either this is for real cough..cough.. or they held it up all day and sold into it.. http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html

add 43 37 + avg..add 44.75..38 avg edit 39+ avg

 

[tomahawk]

46 = gap+50

 

[gmst]

Quote from ammo:

add 43 37 + avg

this late day move is obviously due to all those ETFs and leveraged ETFs re-balancing related....now it is getting very clear to me. So, i guess you don't have to worry too much. Come tomorrow, and you should be good!

See euro is just not responding, even aud is responding very less to this steep ES move for last 15 minutes.

Also, if you look at the two instances i dug out and posted, if you are willing to hold the trade full size for a week maybe, you might be able to close the whole thing around 1200 (for a nice 35+ points per contract). Ofcourse you might have to take some heat meanwhile, but then I think you can always depend on Europe for some headline to come through which will take the market in your direction.

 

[GGB]

+780

after cross scalp zone I waited for pullback and checked correlations index a nd pattern by my GGB system Gordon trick long

 

[satchel]

damn there must of been a ton of shorts and buy stops up there. account killers. Having been awake since 1185 in the overnight it's been a long day. peace.

 

[fishing]

Quote from ammo:

trans and eur just watching this rise in es

why didn't short eur instead?

 

[GGB]

http://www.elitetrader.com/vb/showthread.php?s=&threadid=228133&perpage=6&pagenumber=16

my eurex trades for mont more than 2500 Euro per contract

 

[Josef K]

UVOL- DVOL. Wow.

 

[JoshDance]

my volume chart in those last 2 minutes looked like it puked all over itself lol.. never quite seen a flurry of activity like that.

 

[trickshot]

Quote from gmst:

this late day move is obviously due to all those ETFs and leveraged ETFs re-balancing related....now it is getting very clear to me. So, i guess you don't have to worry too much. Come tomorrow, and you should be good!

See euro is just not responding, even aud is responding very less to this steep ES move for last 15 minutes.

Also, if you look at the two instances i dug out and posted, if you are willing to hold the trade full size for a week maybe, you might be able to close the whole thing around 1200 (for a nice 35+ points per contract). Ofcourse you might have to take some heat meanwhile, but then I think you can always depend on Europe for some headline to come through which will take the market in your direction.

I wouldn't be so sure about that, the market can run up another 50 or even 100 handles before it comes crashing down again, would be difficult to not get a margin call unless you are trading a very small size.