ES Journal Archive (2009 - 2010)

Just trying to consider both perspectives, I don't think either is a slam dunk.

Higher grain prices + US net exporter => good for US

Weaker dollar/Higher prices of imports => good for US exporters and US employment

Higher oil & distillates prices + US net exporter of distillates => bad for drivers, but good for US oil companies and oil-driven communities

Etc.

 

I believe I traded the only ES confirmed short setup of RTH, sh @ 1153.50, showed me 2 pts and took it right back again. I should've taken that as a long signal

Trading ES feels so weird after trading CL all this time

 

Vol,

57.50 and then long 10?

or

short till 52.50 - 51.50 and then long 5?

 

how about 1137-1142 today from a double toP and r10

 

Short 59,
Stop 61,
Targets open

 

I realize many people are expecting a breakdown, but so far it looks more like a trend day

(pause)

Now it craters

 

Financials are dragging us down

 

I dunno, I see +4 and +9 ES & NQ respectively, and GS is up 2$...

 

I think he means the commercial banks with their mortgage-gate

 

2 weeks ago when it was the same pattern I posted:

Nice short signal at the upper BB ( 3 pts) and so far the lower BB long is up 2 pts...

I said at 11 am:

I will write the description and play in a separate thread over the weekend...

Edit: the long just got the exit signal (upper BB reached) with 3 pts....