ES Journal Archive (2006 - 2008)

will short from 912 to 920

I think decline will start by 3:40 pm, today

 

The drop in usd/jpy is completely ignored ...

 

Something has changed. I thought for sure the rally in equities after the huge rate cut would send dollaryen through the roof. Clearly it didn't. That is a massive sell off.

The dollar is done.

Edit: WOW, look at the Euro and Pound soar.

 

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now long, 909, adding to 07, target 920+, stop under 900

 

Expansion factors. Your software should have a fib retracement tool. Just use 1.272 1.414 1.618 as the expansions levels. Your software may have it as 127.2 141.4 etc.

Thanks,

John

PS. It don't always work of course.

 

kicking my own ass for getting out of my 3 long 6A's yesterday. I could have taken January off

 

ES is going to get thumped after this rally's momentum comes to and end. Time to buy some vol.

Long Usd/jPY 89.07 for a lotto ticket. Looking for it to "transgress to the mean." (You have BNB to thank for that one).

 

The diamond formation I was looking at has a top in this area.

We are seeing usd/jpy moving in inverse direction with ES. Entering a new phase in this market for sure now.

 

Gold is $860