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Walk the Talk from a fun loving discretionary trader 46 replies

You talk the talk I walk the talk 8 replies

Attachments: Cesarnc's market talk, gossips, rumours & fun
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Cesarnc's market talk, gossips, rumours & fun

Quoting Ash
I'm totally with you. Let's trade. This up and down shit market has taken it's toll on long term investors. We need those 1000+ pip trades. We want those 1000+ pip trades!!!!!!!!!!!!!
Oh, yesss...
Yesterday was quite excellent, actually
I'm a "long volatility" kind of guy, so nothing pisses me off more than those 0,0x% days or endless whipsawing...
Quoting cesarnc
Since de123 didn't show up this time, here goes the:

NFP Poll

Last: -80K
Forecast: -80K

Actual:

a) worse than or equal to -80K
b) better than -80K
c) cooked +80K
d) I have no idea, I'll just long the dollar if good, short the dollar if bad, just to see my account being sucked out by the big modafoka sharks.

I'm C
B, but C would be perfectly fine too
I expect it to be better than the forecast, but will definately regard a too good number as cooked BS or statistical noise.

Looking for a continuation of yesterday's run in the markets today.
Let's hope the employment numbers and earnings will support that.

Dow is down < 2% for the year, so a year high is very close now...
Quoting cesarnc
Since de123 didn't show up this time, here goes the:

NFP Poll

Last: -80K
Forecast: -80K

Actual:

a) worse than or equal to -80K
b) better than -80K
c) cooked +80K
d) I have no idea, I'll just long the dollar if good, short the dollar if bad, just to see my account being sucked out by the big modafoka sharks.

I'm C
I would have to save b but wouldn't be suprised with c.

Now let's see if the bulls have big enough balls to break the next barrier in the S&P which is 1430.
Humble Lifetime Member
BTW, what's up with cable? Why a rally today..?
We have dollar strength and today's GBP data was below the forecast?
Quoting ganymedes
BTW, what's up with cable? Why a rally today..?
We have dollar strength and today's GBP data was below the forecast?
To me it is - for some reason - GJ on the move ahead of the news. NFP can erase this whole morning move, though.

From CNBC:
Investors are anticipating another gloomy reading on U.S. employment on Friday, though market reaction may be somewhat muted.

Stock market participants appear to believe they have already taken into account current economic weakness.With the government sending stimulus checks out to taxpayers and Federal Reserve rate cuts still working their way through the financial system, many investors are confident the economy will rebound in the second half of the year.


"What we're seeing is that maybe the economy is not falling off a cliff, but perhaps leveling off," said Peter Cardillo, chief market economist at New York-based brokerage house Avalon Partners. "I think the Fed (rate-cutting campaign) is over with, even though the Fed's statement didn't say that."
Quoting ganymedes
BTW, what's up with cable? Why a rally today..?
We have dollar strength and today's GBP data was below the forecast?
I don't know why. But it's ok, yes?
Quoting cesarnc
Since de123 didn't show up this time, here goes the:

NFP Poll

Last: -80K
Forecast: -80K

Actual:

a) worse than or equal to -80K
b) better than -80K
c) cooked +80K
d) I have no idea, I'll just long the dollar if good, short the dollar if bad, just to see my account being sucked out by the big modafoka sharks.

I'm C
its just money
Quoting cesarnc
To me it is - for some reason - GJ on the move ahead of the news. NFP can erase this whole morning move, though.
Hmmm, maybe time to short it then....
OK, I'm ready:
Short EURUSD, short GBPUSD, long Dow.
Let's party!
Quoting ganymedes
Hmmm, maybe time to short it then....
I'd wait until the release. NFP can be really tricky, specially with carries, specially if there is big revision.

I've seen so many crazy reactions to NFP that brokers should be obligated to supply LSD to the customers in the NFP week
Quoting cesarnc
I'd wait until the release. NFP can be really tricky, specially with carries, specially if there is big revision.

I've seen so many crazy reactions to NFP that brokers should be obligated to supply LSD to the customers in the NFP week
Yes, short cable is probably a bit silly of me. It's actually strong across the board today, gains against EUR, USD, CAD, CHF, JPY, AUD, you name it...
Quoting cesarnc
I'd wait until the release. NFP can be really tricky, specially with carries, specially if there is big revision.

I've seen so many crazy reactions to NFP that brokers should be obligated to supply LSD to the customers in the NFP week
True
Quoting cesarnc
I'd wait until the release. NFP can be really tricky, specially with carries, specially if there is big revision.

I've seen so many crazy reactions to NFP that brokers should be obligated to supply LSD to the customers in the NFP week
Heard the other day that the guy that discoverd (by accident) LSD
took his final trip @ 100 or so years old!
To laugh, to learn, and to teach!
Quoting myles
Heard the other day that the guy that discoverd (by accident) LSD
took his final trip @ 100 or so years old!
News: Fed ups Term Auction Facility to $75 billion.
Cooked or not, comes out -20K
over cooked
Quoting cesarnc
Cooked or not, comes out -20K

What a joke...........be honest is all I ask.

HOLLA
http://www.stefangeens.com/chef.jpg


We're going to hit 107.00 UJ
Patience + Humility + Study = Success
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