Cesarnc's market talk, gossips, rumours & fun | Page 32 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

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
Exit Attachments

Cesarnc's market talk, gossips, rumours & fun

  • #621
  • Dec 11, 2007 8:55pm Dec 11, 2007 8:55pm
Nikkei 225 down -294.85 pts or -1.84%

Also

TOKYO, Dec 12 (Reuters) - Japanese wholesale prices rose at the fastest pace in more than a year in November from a year earlier, mostly on high crude oil prices, but the data did little to alter views that the Bank of Japan will not raise rates until late next year.
  • #622
  • Dec 12, 2007 12:48am Dec 12, 2007 12:48am
Quoting Plutonite
I second turtle's view above. 0.50 or no cut would be most exciting, but I'm afraid we will not see exciting things. I have also stopped putting up entries in the trading room but I see dollar strength against everything non-yen.
Good luck.
My BS works spectacularly, especially the night before a news release. I think you guys should give up on following releases and just listen to my generous advice. Why wait breathless for bernanke (that's a good one, breathless for bernanke) when I can tell you exactly what will happen 12 hours earlier?

What happened was that dollar indeed gained ground against everything and lost ground against yen. So if you count EU GU GJ and EJ you have 800 pips worth of speculation in less than 24 hours. If I don't brag now, then when will I?




Just kidding guys, stick with Bernanke. He's the man. My powers are temporary, he's the dawg.

Now carry pairs are looking very..obscure in the short term. I'm bearish medium term (next 2 months). What do your crystal balls say people?
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #623
  • Dec 12, 2007 1:43am Dec 12, 2007 1:43am
good morning,...just closed eur/jpy with 2x100 pips....
its just money
  • #624
  • Dec 12, 2007 3:12am Dec 12, 2007 3:12am
Big down day for the FTSE100?

I think so..
  • #625
  • Dec 12, 2007 3:31am Dec 12, 2007 3:31am
Quoting de123
good morning,...just closed eur/jpy with 2x100 pips....
I got 150 in GJ after the statement. That's the beauty about forex. While the lions jump out the window in Wall Street, we play the hyenas chewing the left overs and laughing

I still didn't have the opportunity to check the newswires about the statement and market's sentiment.

But I wonder what would have been in case of a no-change...
  • #626
  • Dec 12, 2007 5:17am Dec 12, 2007 5:17am
Quoting cesarnc
But I wonder what would have been in case of a no-change...
It's all BS anyway, there is no knowledge gained even if you knew for certain what would have happened in the case of a hold this time. You know this better than I. In fact, if this whole scenario played out once more in some parallel universe, the results would have probably been different given the same release. It's all about the weather, and celestial activity and romantic relationships, and bernanke's tie's color.

Interesting weeks ahead though, very important for the coming year as a whole.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #627
  • Dec 12, 2007 5:21am Dec 12, 2007 5:21am
Quoting Plutonite
It's all BS anyway, there is no knowledge gained even if you knew for certain what would have happened in the case of a hold this time. You know this better than I. In fact, if this whole scenario played out once more in some parallel universe, the results would have probably been different given the same release. It's all about the weather, and celestial activity and romantic relationships, and bernanke's tie's color.

Interesting weeks ahead though, very important for the coming year as a whole.
Quantum Mechanics? String Theory? C'mon, Plutonite, we're talking about Bernanke here... It's just about romantic relationship. The market flerts with a cut, Bernanke spreads his legs
  • #628
  • Dec 12, 2007 7:31am Dec 12, 2007 7:31am
What a dud, oh well, pips all around. Perhaps another downday in the Dow. Probably will sell AU at the high 88 levels.
Patience + Humility + Study = Success
  • #629
  • Dec 12, 2007 9:56am Dec 12, 2007 9:56am
Quoting DutchTrader
What a dud, oh well, pips all around. Perhaps another downday in the Dow. Probably will sell AU at the high 88 levels.
F*****G Central Banks screwed me (and probably everyone), got stopped out. I should have known it was coming. The fed did the same thing last time around when the markets went ape shit back in August. Another day, another dollar. Back to square one. What doesn't kill us, only makes us stronger or you skydive out the window.

May the pips be with us all!
Humble Lifetime Member
  • #630
  • Dec 12, 2007 10:09am Dec 12, 2007 10:09am
Quoting Ash
F*****G Central Banks screwed me (and probably everyone), got stopped out. I should have known it was coming. The fed did the same thing last time around when the markets went ape shit back in August. Another day, another dollar. Back to square one. What doesn't kill us, only makes us stronger or you skydive out the window.

May the pips be with us all!
Check N/U looks a good buy at these levels for an 8100 test
Patience + Humility + Study = Success
  • #631
  • Edited 10:43am Dec 12, 2007 10:25am | Edited 10:43am
Quoting DutchTrader
Check N/U looks a good buy at these levels for an 8100 test
Thanks, will do!

What is everyone's opinion:

1) With the Fed succumbing to Wall Street's demands, does everyone expect another rate cut net month? If the Fed doesn't decide to give it, the markets will go ape shit again and the Fed will again succumb to the markets demand. What do everyone else think?

2) With the central banks injecting liquidity bank into the system, is it worse than everyone realizes? Is it about to implode? trying to analyze the different aspects as possible. It is leading me to the conclusion that it is worse than one may think.

Everyone's input is appreciated.
Humble Lifetime Member
  • #632
  • Dec 12, 2007 10:30am Dec 12, 2007 10:30am
1) yes, I expect another rate cut

2) yes, things are as bad as we think they are.
Patience + Humility + Study = Success
  • #633
  • Dec 12, 2007 10:31am Dec 12, 2007 10:31am
Quoting DutchTrader
1) yes, I expect another rate cut

2) yes, things are as bad as we think they are.
Agreed. The reaction yesterday was one of disbelief. Definitely another cut.
  • #634
  • Dec 12, 2007 10:57am Dec 12, 2007 10:57am
Quoting DutchTrader
1) yes, I expect another rate cut

2) yes, things are as bad as we think they are.
I concur also.....


Hold on to your seats, because with market reactions like today, there is alot more than we know about....

HOLLA
  • #635
  • Dec 12, 2007 11:14am Dec 12, 2007 11:14am
Quoting Turtle
I concur also.....


Hold on to your seats, because with market reactions like today, there is alot more than we know about....

HOLLA

Thank you everyone! Just going to have to look at the bigger picture. The fed doesn't want the markets tanking otherwise consumer confidence in the economy will only worsen. It is already bad but I guess they don't want everyone to worry about it. What the central Banks / fed are doing now is only putting a band aid on a wound that needs to be amputated (IMHO). Oh, well, the higher that it goes now, the further it will fall. I was kind of expecting the Dow to hit around the high 11,000 to low 12,000 by the year end. I guess it will have to wait until mid-next year.

Good Luck guys (and gal's)!
Humble Lifetime Member
  • #636
  • Dec 12, 2007 11:58am Dec 12, 2007 11:58am
Quoting Ash
Thank you everyone! Just going to have to look at the bigger picture. The fed doesn't want the markets tanking otherwise consumer confidence in the economy will only worsen. It is already bad but I guess they don't want everyone to worry about it. What the central Banks / fed are doing now is only putting a band aid on a wound that needs to be amputated (IMHO). Oh, well, the higher that it goes now, the further it will fall. I was kind of expecting the Dow to hit around the high 11,000 to low 12,000 by the year end. I guess it will have to wait until mid-next year.

Good Luck guys (and gal's)!
The Dow's off its highest levels,why you ask? because it's not really buying this intervention. Oh well, time to sell.
Patience + Humility + Study = Success
  • #637
  • Dec 12, 2007 12:39pm Dec 12, 2007 12:39pm
Quoting DutchTrader
The Dow's off its highest levels,why you ask? because it's not really buying this intervention. Oh well, time to sell.
I'm staying out today. This is my first loss in over three months.

Don't like getting stopped out. Equities should have tanked last night during the Asian session and I would have been fine. Something fishy went on. The Japanese are cautious traders ever since they got their rear-end's burned back in August. Equities should have tanked but they didn't. Doesn't matter, I'll be more careful next time.

Number one motto I broke yesterday and that was never try to anticipate what the market will do, just follow the trend (in this case the trend was down and I made an assumption).

Number two, The yen carry trade is a powerful force. Don't bet against it.

Number Three, never ever utilize more than 1% of your account on one position and never more than 10% (only when I am already in the positive do I move my S/L into the +).

Take care!
Humble Lifetime Member
  • #638
  • Dec 12, 2007 1:42pm Dec 12, 2007 1:42pm
i went long gbp/chf...its looked cheap, and tomorow we got another chf rate thing....so lets see what will that bring us...:
its just money
  • #639
  • Dec 12, 2007 1:45pm Dec 12, 2007 1:45pm
Quoting de123
i went long gbp/chf...its looked cheap, and tomorow we got another chf rate thing....so lets see what will that bring us...:
Usd/Chf looks good as well, just an fyi
Patience + Humility + Study = Success
  • #640
  • Dec 12, 2007 2:05pm Dec 12, 2007 2:05pm
I guess "financials" don't like this plan with the CB's....

DOW only up about +20 coming into the last hour of the day, after that huge run this morning.....

HOLLA
69 traders viewing now