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Cesarnc's market talk, gossips, rumours & fun

  • #51,241
  • May 31, 2018 6:46pm May 31, 2018 6:46pm
Quoting chonchy
{quote} ...yes pkmnyc I see MACD is pointing down but I seen it go to the midle like now and go back up.... RSI is down there oversold and it needs to come to the middle at least to charge down again...my 2 cents... {image}
Yes mate,

Let me get you a better macd over the weekend.
Just bought another computer. Little busy setting this baby up.
  • #51,242
  • May 31, 2018 6:51pm May 31, 2018 6:51pm
Quoting chonchy
{quote} ...yes pkmnyc I see MACD is pointing down but I seen it go to the midle like now and go back up.... RSI is down there oversold and it needs to come to the middle at least to charge down again...my 2 cents... {image}
Daily and 4hr up hence the weekly need a pause or reverse. I doubt the reversal though. But daily and 4hr should have more juice to the upside for the time being.
  • #51,243
  • May 31, 2018 6:53pm May 31, 2018 6:53pm
...I see 4H is looking for that red ema 100, MACD has stayed down all the time, RSI is not going to let it pass that ema 100 to the up, me think...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 30 KB


...And daily is also looking for that ema green 30 to the north, both are over the yellow ema 5...

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 30 KB
The Chonchy
  • #51,244
  • May 31, 2018 6:59pm May 31, 2018 6:59pm
Quoting chonchy
...I see 4H is looking for that red ema 100, MACD has stayed down all the time, RSI is not going to let it pass that ema 100 to the up, me think... {image} ...And daily is also looking for that ema green 30 to the north, both are over the yellow ema 5... {image}
yes, something like that in simpler term.
nothing moves in straight line, mate.
in trend, macd tells momentum behind the trend.
daily was at the exhaustion point couple of weeks ago.
smaller tf (4hr and down) kept telling opposite direction from price: divergence.
look for those. it's golden.
  • #51,245
  • May 31, 2018 7:04pm May 31, 2018 7:04pm
Quoting pkimnyc
{quote} Daily and 4hr up hence the weekly need a pause or reverse. I doubt the reversal though. But daily and 4hr should have more juice to the upside for the time being.
..Agree 100% with you Sir. ...I got stopped out, I'm going to take another long at the bottom of the move down and stay long for a bit to see where is going........ but I agree on not reversing for now over 1.18, good luck to you Sir.
The Chonchy
  • #51,246
  • May 31, 2018 7:18pm May 31, 2018 7:18pm
Quoting pkimnyc
{quote} Yes mate, Let me get you a better macd over the weekend. Just bought another computer. Little busy setting this baby up.
...I appreciate that sir. thanks in advance...
The Chonchy
  • #51,247
  • May 31, 2018 7:22pm May 31, 2018 7:22pm
Quoting pkimnyc
{quote} yes, something like that in simpler term. nothing moves in straight line, mate. in trend, macd tells momentum behind the trend. daily was at the exhaustion point couple of weeks ago. smaller tf (4hr and down) kept telling opposite direction from price: divergence. look for those. it's golden.
I see what you mean sir. 4H looks like is willing to keep going down with RSI up here and MACD at the center line already, lets see what happen...thanks for the tip...
The Chonchy
  • #51,248
  • Jun 1, 2018 4:25am Jun 1, 2018 4:25am
Quoting chonchy
{quote} ...yes pkmnyc I see MACD is pointing down but I seen it go to the midle like now and go back up.... RSI is down there oversold and it needs to come to the middle at least to charge down again...my 2 cents... {image}
As a Major trend, I think USD is going to a recover across the board, specially against the Euro. Two Reasons:
- US Economy picking up (USD up)
- Italy shitting the bed (EUR down).

Ont the weekly, of course, there will be opportunities for long trades on temporary rebounds, however, I bet on the downtrend for the next weeks.
  • #51,249
  • Jun 1, 2018 4:27am Jun 1, 2018 4:27am
Let's see the employment data today. 189k expected.
  • #51,250
  • Jun 1, 2018 4:00pm Jun 1, 2018 4:00pm
Quoting cesarnc
{quote} As a Major trend, I think USD is going to a recover across the board, specially against the Euro. Two Reasons: - US Economy picking up (USD up) - Italy shitting the bed (EUR down). Ont the weekly, of course, there will be opportunities for long trades on temporary rebounds, however, I bet on the downtrend for the next weeks.
roger that Sir.
The Chonchy
  • #51,251
  • Jun 1, 2018 4:18pm Jun 1, 2018 4:18pm
Quoting cesarnc
Let's see the employment data today. 189k expected.
..223K green good numbers for the dollar, long live the dollar.....
The Chonchy
  • #51,252
  • Jun 1, 2018 4:36pm Jun 1, 2018 4:36pm
...I'm long here on this pin bar, hammer head or hangman what ever you call it....I call it line in the sand by the bulls, let see if they go up 20 pips, I'll be a happy camper....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 27 KB
The Chonchy
  • #51,253
  • Jun 1, 2018 4:45pm Jun 1, 2018 4:45pm
...I mean I see this pic and I'm willing to bet my 2 cents that is going to the the 1.1800 at least....but i could be wrong, being wrong before....with 1.1509 as the line in the sand by the bulls, will the bears come out and play now? I don't know....we will have to wait and see....green numbers for the dollar, so....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 26 KB
The Chonchy
  • #51,254
  • Jun 1, 2018 4:54pm Jun 1, 2018 4:54pm
...Daily is trapped by the yellow ema 5 there after a rail road track in the line on the sand, reversal, pull back, called what ever, or a continuance of the long term trend from below 1.04, who knows, anything can happens, my 2 cents....

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 26 KB
The Chonchy
  • #51,255
  • Jun 1, 2018 5:01pm Jun 1, 2018 5:01pm
...I learn from a very good friend of mine, a long time ago, about monster trend lines, and I have being following them for a while now, and here they are, price is at the 50% fibo of the long term trend, price never reach the upper trend line, so perhaps we forgot?

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthlyfibonachy.png Size: 45 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthlyfibo.png Size: 37 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 36 KB


different sooms.....
The Chonchy
  • #51,256
  • Jun 1, 2018 5:03pm Jun 1, 2018 5:03pm
...Maybe I'm just obsess with longs because I'm long...lol, but if it takes the red ema 100, 50% fibo and the line in the sand, I think I will be short too...or maybe that I'll be too late then....oh well rinse and repeat then...
The Chonchy
  • #51,257
  • Jun 1, 2018 8:10pm Jun 1, 2018 8:10pm
Quoting chonchy
...Maybe I'm just obsess with longs because I'm long...lol, but if it takes the red ema 100, 50% fibo and the line in the sand, I think I will be short too...or maybe that I'll be too late then....oh well rinse and repeat then...
Here you go, mate.
attached macd with 2 lines with a histogram.
just like the picture.
enjoy.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily_jun1.png Size: 58 KB
Attached File(s)
File Type: ex4 MACD two lines change color.ex4   8 KB | 318 downloads
  • #51,258
  • Jun 2, 2018 1:34am Jun 2, 2018 1:34am
Quoting pkimnyc
{quote} Here you go, mate. attached macd with 2 lines with a histogram. just like the picture. enjoy. {image} {file}
Thank you very much pkimnyc, I appreciated....
The Chonchy
  • #51,259
  • Jun 2, 2018 5:55am Jun 2, 2018 5:55am
Quoting chonchy
...I mean I see this pic and I'm willing to bet my 2 cents that is going to the the 1.1800 at least....but i could be wrong, being wrong before....with 1.1509 as the line in the sand by the bulls, will the bears come out and play now? I don't know....we will have to wait and see....green numbers for the dollar, so.... {image}
1.19. But 1.1560 first..
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 24 KB
Conventional trading is for losers
  • #51,260
  • Jun 3, 2018 3:36pm Jun 3, 2018 3:36pm
Quoting Ralffe
{quote} 1.19. But 1.1560 first.. {image}

..You think Sir Ralffe. we will see sunday...In a few minutes, lol...
The Chonchy
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