US Eminis (ES, NQ,.) Intraday Follow Up - Journal

[bee1]

Momently Intra-day Trend is DOWN; Resistance* on SPX @945.4; Time 10:06 EST

*{ESZ8 @947; NQZ8 @1322; YMZ8 @8965}

 

[bee1]

********ES / NQ/ YM ********
* Momently Intraday Trend*
* UP; LONG DIPS *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
**************************

 

[bee1]

********ES / NQ/ YM ********
*IMO, Momently Intraday Trend*
* DOWN; SELL RALLIES *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
**************************

 

[bee1]

********ES / NQ/ YM ********
*IMO, Momently Intraday Trend*
* UP; LONG DIPS *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
**************************

 

[bee1]

********ES / NQ/ YM ********
*IMO, Momently Intraday Trend*
* DOWN; SELL RALLIES *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
**************************

 

[bee1]

20 OCT 08
PRE-MARKET
Momently Intra-day Trend is DOWN; Resistance* on SPX @0000.00; Time 05:50 EST

*{ESZ8 @967; NQZ8 @1358; YMZ8 @9032}

 

[bee1]

Momently Intra-day Trend is UP; Support* on SPX @0000.00; Time 09:00 EST


*{ESZ8 @945; NQZ8 @1329; YMZ8 @8860}

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
*****************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
*****************************

 

[bee1]

Momently Intra-day Trend is DOWN; Resistance* on SPX @969.6; Time 13:37 EST

*{ESZ8 @968; NQZ8 @1330; YMZ8 @9045}

 

[bee1]

21 OCT 08
PRE-MARKET
Momently Intra-day Trend is UP; Support* on SPX @0000.00; Time 06:40 EST

*{ESZ8 @976; NQZ8 @1335; YMZ8 @9175}

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
*****************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
*****************************

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* UP; LONG DIPS *
* Always Trade Your Way / Plan! *
* Don't Impose Your Plan On Market! *
*****************************

 

[bee1]

Momently Intra-day Trend is DOWN; Resistance* on SPX @985.8; Time 14:46 EST

*{ESZ8 @984; NQZ8 @1330; YMZ8 @9270}

 

[investor_me]

Great work bee1, I appreciate your steadiness.

Sorry to disrupt your journal though.

However, I've been trading eurjpy, gbpjpy based on the combined indicators of ESZ8, NQZ8, YMZ8, but primarily on YMZ8 and must say it works magic. Have you noticed this strong correlation?

Also, don't you think that in most cases intraday trends of the three futures match each other sometimes to the minute? Is that a rule of thumb? Which do you think is more influential on the forex market?

investor_me

 

[bee1]

Great work bee1, I appreciate your steadiness.

Sorry to disrupt your journal though.

However, I've been trading eurjpy, gbpjpy based on the combined indicators of ESZ8, NQZ8, YMZ8, but primarily on YMZ8 and must say it works magic. Have you noticed this strong correlation?

Also, don't you think that in most cases intraday trends of the three futures match each other sometimes to the minute? Is that a rule of thumb? Which do you think is more influential on the forex market?

investor_me

Hej investor_me:
Thanks for sharing your observation.
1) Yes, there exists a general correlation between some pairs and the three eminis; except with a slight deviation in intraday timing. However, if you spot eminis' intraday reversal points correctly, you can trade eurjpy easily (at least diuring martket time).
2) Yes, all three are closely synchronized. ES ans YM are coupled; YM a bit noisy. Both respect NQ.

 

[bee1]

22 OCT 08
PRE-MARKET
Momently Intra-day Trend is UP; Support* on SPX @0000.00; Time 06:05 EST


*{ESZ8 @937; NQZ8 @1275; YMZ8 @8860}

 

[bee1]

EUR.USD
Momently Intra-day Trend is DOWN; Resistance* on EUR.USD @1.2944; Time 00:00 EST

*{EURZ8 @1.2925}

 

[bee1]

********ES / NQ/ YM ***********
*IMO, Momently Intraday Trend *
* DOWN; SELL RALLIES