wtf was that at 4pm. huge high vol selling

[Bogan7]

The market is breaking and on a bit of size

 

[trader225]

It is true.
My buy at 1597.50 has been hit.
The bid is at 1597.25.
I shall not buy any more.
I cast my fate to the wind.

 

[Cy_M]

sorry guys an 1800 sell block hit the tape and must have taken you out.

 

[Spectre2007]

all those japanese housewifes need to buy yen back... as global asset deflation, causes the loans to be called.

 

[trader225]

All is not lost. The bid is up to 1597.75, quantity 1 (one). There are still some optimists out there.

 

[Cy_M]

Quote from trader225:

It is true.
My buy at 1597.50 has been hit.
The bid is at 1597.25.
I shall not buy any more.
I cast my fate to the wind.

take profits on the 97.50 buys at 98 and repeat the same at 98.75 for purchases below that. You need to start reducing inventory rapidly, risk/reward is ver high to your disadvantage.

 

[trader225]

Quote from Cy_M:

take profits on the 97.50 buys at 98 and repeat the same at 98.75 for purchases below that. You need to start reducing inventory rapidly, risk/reward is ver high to your disadvantage.

I hear you. I am long 89 contracts now.

 

[Spectre2007]

maybe we should do what tony did, take some peyote...and trade.


......a basket of commodities took a dive today. Everything is pointing to global asset deflation.

 

[trader225]

Woe is me.
When will I learn?
When the ES goes up/down, it is for a reason, even though I cannot guess what that reason may be.

 

[Cy_M]

Quote from trader225:

I hear you. I am long 89 contracts now.

way too heavy, get in the FIFO already, the 99 bar chart is to your favor, mild resitance at 97.75 and ER2 3 Min looks mildly promising.
Good luck