ES Journal Archive (2011)

fishing · Nov 23, 2011

Quote from Laissez Faire:

Day low held to the tick and euro shot up.
`
It`s either a bounce or a real bottom. I can say that much.

NQ actually made new lows, but quickly snapped back up, i.e. fake break.

it just did again... bottom is in?

letemrun · Nov 23, 2011

Quote from fishing:

it just did again... bottom is in?

4th test has to hold right???

ammo · Nov 23, 2011

Quote from gmst:

short 63.25, stop 66, target 58....now, i seriously hope that i am not overtrading----i thought for some time before putting in this trade; it seeems to me that we are going to break LOD. So one last bet.

Edit: Alright, we did break it, but bouncing back now.......I really dont know how to set up a target now. Frankly, my target of 58 comes from bigsnacks comment that it should go to a minimum of 57.5 or so.

watching eur may help,when it hits supp/res cover ,es is following it

gmst · Nov 23, 2011

Quote from gmst:

short 63.25, stop 66, target 58....now, i seriously hope that i am not overtrading----i thought for some time before putting in this trade; it seeems to me that we are going to break LOD. So one last bet.

Edit: Alright, we did break it, but bouncing back now.......I really dont know how to set up a target now. Frankly, my target of 58 comes from bigsnacks comment that it should go to a minimum of 57.5 or so.

out at 63, it didn't break as i was expecting.

gmst · Nov 23, 2011

Quote from ammo:

watching eur may help,when it hits supp/res cover ,es is following it

in my experience, sometimes ES folllows it sometimes its eur that follows ES. This late in ny trading, i would say its eur that is following ES....and this 2nd attempt at LOD - 1 tick was just flushing out stop. Now, if that is correct, we should go higher from here for atleat 3-4 points.

noone3 · Nov 23, 2011

Thats it i think, we are going up from here. If not, it will be a fun breakdown, but i am bidding and long

hetanos · Nov 23, 2011

Quote from fishing:

it just did again... bottom is in?

Big question. It can go down 10 points easily...or up...

Laissez Faire · Nov 23, 2011

It`s still bulls versus bears. TICK swings up and TICK swings down.

Two-sided market? Eventually one side will probably have to give.

Yesterday and recently the bears have been winning. Are they tired?

tortoise · Nov 23, 2011

Quote from Laissez Faire:

It`s still bulls versus bears. TICK swings up and TICK swings down.

Two-sided market? Eventually one side will probably have to give.

Yesterday and recently the bears have been winning. Are they tired?

'bots never get tired

earthquake off honshu

gmst · Nov 23, 2011

Quote from tortoise:

'bots never get tired

earthquake off honshu

its small just 6.0, to be ignored by Japanese standards !