ES Journal Archive (2006 - 2008)

Saxon sorry about your execution issues. I have to ask here why are people looking for a reversal today considering all the bad news?

 

The yen is trading at $113.34, anyone short the pair today?

 

flat at 55.75

 

Looking at price action it seems every rally is the shorts reloading, not saying the trend won't change but I am looking for a close above $1462.00 on the cash first.

 

http://www.elitetrader.com/vb/showthread.php?threadid=98420&perpage=6&pagenumber=6

 

Out last @ 50.50

 

Well managed trade!

 

Ummm, I thought really bad news was good news these days? We'll definitely get a rate cut now won't we?

That'll save us!

 

Not exactly a lot of fear into the close. Rallied 10 points on ES, 15 on the NQ. Maybe just shorts covering but ES had 110K volume in last 5 minutes

 

That close definitely took away from my profits today, but all in all still a very nice day.