On their own, it is torture.:eek: But they are very reliable for entry points. When I don't stick to them, like I did when I got chopped up on Friday morning, I get myself into trouble.But then they got me back out of trouble by doing what I was supposed to have been doing in the first place!
thats one of the strengths of these trading forums, different people are watching things you might miss,might have been you, but last week someone gave a heads up on the 1 point spike in bonds
still in, a little red p & l. looking like one more low test coming up... treadmill in office useful to divert energy
look at potential retrace.. where would you put worst case to cover long here? 09, my bet. 11 better. 14 i'm salivating
Yes it was, but also have noticed that when there are spikes in bonds, it does not mean that there is an immediate reaction to ES. Noticed this a few times and my thinking is that the smart money load up on bonds at the same time push up ES but are net sellers. And the same thing applies when they sell bonds to buy ES. There was another 1/2 point spike on Friday I think it was. The ES improved 3-4 points again and then , again, WHAM!! The way I look at it is they have to pay for their positions so they quietly push/dump the ES,which is the opposite reaction to bonds. Incidently, bonds are up about 18% this year ES ,-2 to-4%.