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Cesarnc's market talk, gossips, rumours & fun

  • #51,201
  • May 23, 2018 4:00am May 23, 2018 4:00am
Quoting chonchy
{quote} ...I have being working on some other things Sir. that is why I have abandoned you here, but now with cesar and jay you will have your life back in here.....
You are the craziest forex trader ever LOL
  • #51,202
  • May 23, 2018 4:02am May 23, 2018 4:02am
Bye Bye Euro. Major HUGE resistance only at 1.16 on the weekly.

Till there, fall, baby, fall.
  • #51,203
  • May 23, 2018 10:27am May 23, 2018 10:27am
Quoting cesarnc
Bye Bye Euro. Major HUGE resistance only at 1.16 on the weekly. Till there, fall, baby, fall.
Way Down We Go

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  • #51,204
  • May 23, 2018 11:47am May 23, 2018 11:47am
Quoting cesarnc
Bye Bye Euro. Major HUGE resistance only at 1.16 on the weekly. Till there, fall, baby, fall.
dovish FOMC E/U could retrace a bit after today's move
not buying it.. just saying
  • #51,205
  • May 23, 2018 12:27pm May 23, 2018 12:27pm
Dec '17 low is gone. Next Nov '17 low @ 1.155

Long term view, though.

1.16 is major resistance in the weekly. That's a good target for long term.

EUR-USD might form a Head and Shoulder in the weekly. It will be fun to see how this will play out.

Volume is such that if a greek guy farts a little louder, Euro drops to 1.10 ROFL
  • #51,206
  • Edited 3:11pm May 23, 2018 2:27pm | Edited 3:11pm
It could be an italian guy lol

we're 300+ pips away from H&S.. we need euro bulls to play
  • #51,207
  • May 24, 2018 8:37pm May 24, 2018 8:37pm
Quoting Karpa
It could be an italian guy lol we're 300+ pips away from H&S.. we need euro bulls to play
...Yes Sir. we need euro bulls....before the drop....
The Chonchy
  • #51,208
  • May 24, 2018 8:39pm May 24, 2018 8:39pm
Quoting cesarnc
Bye Bye Euro. Major HUGE resistance only at 1.16 on the weekly. Till there, fall, baby, fall.

...You mean this bounce at the red ema 100, nah it could be nothing.....

Attached Image (click to enlarge)
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The Chonchy
  • #51,209
  • May 24, 2018 8:44pm May 24, 2018 8:44pm
Quoting cesarnc
Dec '17 low is gone. Next Nov '17 low @ 1.155 Long term view, though. 1.16 is major resistance in the weekly. That's a good target for long term. EUR-USD might form a Head and Shoulder in the weekly. It will be fun to see how this will play out. Volume is such that if a greek guy farts a little louder, Euro drops to 1.10 ROFL
....On the weekly the RSI is down there it needs to go up a bit to come down, I mean the market could be irrational and take the euro down to parity but RSI is telling me that is going to be a bounce here, I could be wrong, being there before, but monthly is also bouncing hopefully off the green ema 30, but RSI in this case have room to go more down...

Attached Image (click to enlarge)
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The Chonchy
  • #51,210
  • May 24, 2018 8:49pm May 24, 2018 8:49pm
Quoting Jay Walker
{quote} Both are quite ambitious at this particular juncture IMHO. I'm seriously considering a short on a weekly chart. But it's too early
... what are your plans with the weekly chart Jay? thanks in advance...
The Chonchy
  • #51,211
  • May 24, 2018 9:16pm May 24, 2018 9:16pm
Quoting chonchy
{quote} ... what are your plans with the weekly chart Jay? thanks in advance...
On EURUSD? Please, don't do what I do. It's not a good idea but I've been short since 1.1753. But I didn't follow my methodology. It's a total gamble and it may be a year or maybe longer before I get out of it. That's if I don't get stopped first. It's off journal because it's in a separate "f@#k the rules" smaller account.

If you decide, against my advice to indulge and engage in that trade, keep the position tiny.
Not all sins are created equal
  • #51,212
  • Edited 7:36am May 25, 2018 7:17am | Edited 7:36am
Quoting chonchy
{quote} ....On the weekly the RSI is down there it needs to go up a bit to come down, I mean the market could be irrational and take the euro down to parity but RSI is telling me that is going to be a bounce here, I could be wrong, being there before, but monthly is also bouncing hopefully off the green ema 30, but RSI in this case have room to go more down... {image}
October / November 17 low levels formed what's now a big SUPPORT for shorts. The 1,155 - 1,160 area, to where we're heading now.

I don't believe it will crack though this level easily, on the weekly. Once there, there might be a period of consolidation.

Further ahead, it will depend on US and EU economics. But I still bet on a strong dollar across the board.
  • #51,213
  • May 25, 2018 8:59am May 25, 2018 8:59am
Quoting cesarnc
{quote} October / November 17 low levels formed what's now a big SUPPORT for shorts. The 1,155 - 1,160 area, to where we're heading now. I don't believe it will crack though this level easily, on the weekly. Once there, there might be a period of consolidation. Further ahead, it will depend on US and EU economics. But I still bet on a strong dollar across the board.
.... couldn't agree more cesar, solid analysis, thanks a lot my friend, I told Sir. karpa and Sir. Squiggles that you and Jay were going to bring life to this thread, and this is preview of what to come, solid analysis, humor and gossips, I mean rumors....
The Chonchy
  • #51,214
  • May 25, 2018 9:07am May 25, 2018 9:07am
Quoting Jay Walker
{quote} On EURUSD? Please, don't do what I do. It's not a good idea but I've been short since 1.1753. But I didn't follow my methodology. It's a total gamble and it may be a year or maybe longer before I get out of it. That's if I don't get stopped first. It's off journal because it's in a separate "f@#k the rules" smaller account. If you decide, against my advice to indulge and engage in that trade, keep the position tiny.
...Roger that Jay, I'm just long the weekly for that hit to the red ema 100, but I have a few points target just to get out, I don't like it too much....I think it may keep going down like cesar said....we will see...I'm 100 pips in the whole, maybe I will add another lot down here and get out sooner at half way....

Attached Image (click to enlarge)
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The Chonchy
  • #51,215
  • May 25, 2018 11:02am May 25, 2018 11:02am
Quoting chonchy
{quote} ....Hey pKimnyc, long time no see you, nice to see you here man, this is a good thread, hope all well sir. family and all...
Thanks for dropping by.
All good here, mate.
Hope you are well.
/r
  • #51,216
  • May 25, 2018 11:40am May 25, 2018 11:40am
Quoting cesarnc
{quote} October / November 17 low levels formed what's now a big SUPPORT for shorts. The 1,155 - 1,160 area, to where we're heading now. I don't believe it will crack though this level easily, on the weekly. Once there, there might be a period of consolidation. Further ahead, it will depend on US and EU economics. But I still bet on a strong dollar across the board.
I'm selling 1.1820 if it goes there next week
  • #51,217
  • May 25, 2018 1:16pm May 25, 2018 1:16pm
Quoting pkimnyc
{quote} Thanks for dropping by. All good here, mate. Hope you are well. /r
...yeah sure pkimnyc, this is where I frequent, pass by anytime, e/u is my favorite but you can post what ever you want, rumors, gossips or fun...good luck...
The Chonchy
  • #51,218
  • May 25, 2018 1:17pm May 25, 2018 1:17pm
Quoting Karpa
{quote} I'm selling 1.1820 if it goes there next week

....If it goes to 1.1820 next week i will trow
The Chonchy
  • #51,219
  • Edited May 28, 2018 8:42am May 27, 2018 2:33pm | Edited May 28, 2018 8:42am
post deleted sorry
  • #51,220
  • May 27, 2018 2:52pm May 27, 2018 2:52pm
Quoting chonchy
{quote} ...Roger that Jay, I'm just long the weekly for that hit to the red ema 100, but I have a few points target just to get out, I don't like it too much....I think it may keep going down like cesar said....we will see...I'm 100 pips in the whole, maybe I will add another lot down here and get out sooner at half way.... {image}
wavers might love this.
if and when bounce, minimum target at 1.2 area.
Attached Image (click to enlarge)
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