ES Journal Archive (2011)

[kinggyppo]

If you got long on the open you had your ass handed to you, let's see what happens, short bias today.

 

[Laissez Faire]

Quote from Billybob543:

Bloomberg: oh nooooos....EU meeting is called off :eek: ..market sells off..

Bloomberg: oh wait...it's just the finance ministers....market recovers

wash and rinse

The market is obviously very nervous at this point.

Very spikey 5-minute bars. The picture is clearer at the 1-minute today, but I would never dream of entering anything from here right now, but that`s probably just me.

Let`s see if there is any reaction to the news release now...

36 current 50% and Friday`s high.

 

[Laissez Faire]

1-minute bear flag broke below. Too hard to tell if it is just an irrational news spike.

Looks like we`re heading lower though.:eek:

 

[zjulian104]

How do you grab a snap-shot of TOS charts?

1m TICK with 2h/30m averages well-below acceptable spreads long and pointing south. I might buy the stall to full bottom after this failed run-up. Extended too far passed the last test at the TICK zero-line. Plenty of space to make average price to battle for.

Optimistic long. Watch.

 

[Laissez Faire]

Quote from zjulian104:

How do you grab a snap-shot of TOS charts?

1m TICK with 2h/30m averages well-below acceptable spreads long and pointing south. I might buy the stall to full bottom after this failed run-up. Extended too far passed the last test at the TICK zero-line. Plenty of space to make average price to battle for.

Optimistic long. Watch.

What`s your entry?

I would rather bet on a failure at 36 now, but don`t listen to me.

Try print screen.

 

[ammo]

Quote from ammo:

add 48.5 on the little eur drop avg 46+

out at 35

 

[JoshDance]

Quote from zjulian104:

How do you grab a snap-shot of TOS charts?

Download Jing, it's free, can assign a keyboard shortcut, quickly upload to their servers with a copy and paste link, and very useful for screen-shotting. Alternatively use the clipping tool found in windows 7 which is very good as well.

 

[Laissez Faire]

Oh shit. No immediate reversal off 36.

Gap fill above now? Unless it`s just a kiss and reverse off the 2-EMA.

Anyone getting a good read on this now? I`m not.

 

[JoshDance]

Quote from Laissez Faire:

Oh shit. No immediate reversal off 36.

Gap fill above now? Unless it`s just a kiss and reverse off the 2-EMA.

Anyone getting a good read on this now? I`m not.

I'd say the rectangle is a good boundary for value at the moment.

http://screencast.com/t/q0aD1E8T0kfa

 

[zjulian104]

Quote from Laissez Faire:

What`s your entry?

I would rather bet on a failure at 36 now, but don`t listen to me.

Try print screen.

36 south's better odds than a sucker's bet for sure. Honestly I'm looking for support there myself but only after you mentioned it. There's an array of missing data on TICK I haven't beaten yet away from the zero-line. Action around the bounce will be telling. Reading action yesterday I noted the possibility of a test of the two-day lows so here's to 50/50 odds of opportunistic pikers running scared, and old money making them run even more scared. Chop here likely.

TICK's climbing.