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Cesarnc's market talk, gossips, rumours & fun

  • #761
  • Dec 14, 2007 9:19am Dec 14, 2007 9:19am
Damn dog already started the weekend

http://www.societyofrobots.com/image...D_drunkdog.jpg
  • #762
  • Dec 14, 2007 9:22am Dec 14, 2007 9:22am
Quoting cesarnc
Damn dog already started the weekend

http://www.societyofrobots.com/image...D_drunkdog.jpg
Happy hour started and nobody told me........time to catch up.
  • #763
  • Dec 14, 2007 10:31am Dec 14, 2007 10:31am
Quoting cesarnc
Changing trading platform

http://www.idsociety.com/images/stor...study_keep.jpg
From what to what? And by the way I was exactly 20 pips off on the GU crystal ball prediction - it bounced off 2.0190. The sky was a little fuzzy, it's not easy to do star gazing in bad weather you know. I'm gonna scalp.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #764
  • Dec 14, 2007 10:47am Dec 14, 2007 10:47am
Quoting Plutonite
From what to what? And by the way I was exactly 20 pips off on the GU crystal ball prediction - it bounced off 2.0190. The sky was a little fuzzy, it's not easy to do star gazing in bad weather you know. I'm gonna scalp.
Closed my euro short... In the past I took a H&S for granted and got burned LOL... Better off catching up with the market on Monday again...

Damn GJ shorts got stopped out due to the bumpy ride in the stock market and UJ longs very strong. But GJ was positive in the week to me...
  • #765
  • Dec 14, 2007 10:51am Dec 14, 2007 10:51am
I don't think we're done yet in Euro/Usd, we'll probably test 1.4400 before its all said and done.
Patience + Humility + Study = Success
  • #766
  • Dec 14, 2007 10:59am Dec 14, 2007 10:59am
Quoting DutchTrader
I don't think we're done yet in Euro/Usd, we'll probably test 1.4400 before its all said and done.
Me neither, but a +250 pips trade in 2 days is something not to dismiss in this pair. On Monday I'll sell the break of today's low. But I won't rule out a re-test and failure off 1.45 before more downside...
  • #767
  • Dec 14, 2007 11:02am Dec 14, 2007 11:02am
Quoting cesarnc
Me neither, but a +250 pips trade in 2 days is something not to dismiss in this pair. On Monday I'll sell the break of today's low. But I won't rule out a re-test and failure off 1.45 before more downside...

Quick question, when you considered selling the break, where would you enter at, after the break??? 10 pips...20 pips..etc,etc

HOLLA
  • #768
  • Dec 14, 2007 11:06am Dec 14, 2007 11:06am
Quoting Turtle
Quick question, when you considered selling the break, where would you enter at, after the break??? 10 pips...20 pips..etc,etc

HOLLA
In Euro some 5 pips will do it. But I will watch Asian opening first. I prefer doing it by European session, where the direction is (a lil bit) more trustworthy.
  • #769
  • Dec 14, 2007 11:06am Dec 14, 2007 11:06am
Quoting cesarnc
Me neither, but a +250 pips trade in 2 days is something not to dismiss in this pair. On Monday I'll sell the break of today's low. But I won't rule out a re-test and failure off 1.45 before more downside...
Oh there'll be a retrace for sure.
Patience + Humility + Study = Success
  • #770
  • Dec 14, 2007 11:13am Dec 14, 2007 11:13am
Quoting cesarnc
In Euro some 5 pips will do it. But I will watch Asian opening first. I prefer doing it by European session, where the direction is (a lil bit) more trustworthy.
Thanks man, wanted to figure out over the wekend where my entry points will be come the European session, unless I see a sell-off during the Asian session.

Looking at my charts last month November 9th (Friday) we had a 260 pip drop and by the close on Monday we had another 340 pips on the cable, so I will watching to see how the markets plays out come the open on Monday...especially if we get a clear break of 2.0180....

Happy hour has offically begun.....


HOLLA
  • #771
  • Dec 14, 2007 11:13am Dec 14, 2007 11:13am
Quoting DutchTrader
Oh there'll be a retrace for sure.
Cable is also approaching a monster trendline in the weekly, what is being price to buy since mid-2006. Good to keep eyes on it next week.
  • #772
  • Dec 14, 2007 11:42am Dec 14, 2007 11:42am
Quoting cesarnc
Cable is also approaching a monster trendline in the weekly, what is being price to buy since mid-2006. Good to keep eyes on it next week.
Yeah, next week will decide quite a few things for sure. The reaction to this selloff on monday open will decide what kind of bias (if any) we hold for the rest of the year. Continued strong selling means we might never see these highs again this year on GU (2.1)and maybe not even on EU(1.48). That's not directly tradable for me, but it might still influence my tiny little H4 bias and decisions.

Have a great weekend all, and good luck. This is probably the most mature thread on forex factory with more than 10 posts. Keep it up
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #773
  • Dec 14, 2007 11:47am Dec 14, 2007 11:47am
Quoting cesarnc
Cable is also approaching a monster trendline in the weekly, what is being price to buy since mid-2006. Good to keep eyes on it next week.
Yep, you also have to start looking at the big bank's yr end calls on the various pairs and how that correlates to these various trendlines, etc.
Patience + Humility + Study = Success
  • #774
  • Dec 14, 2007 12:38pm Dec 14, 2007 12:38pm
I expect the current trend (down) on Cable and Euro to continue to year end.
  • #775
  • Dec 14, 2007 12:46pm Dec 14, 2007 12:46pm
Seems like someone is trying to go for the "kill" today......
  • #776
  • Dec 14, 2007 12:46pm Dec 14, 2007 12:46pm
Quoting SunTrader
I expect the current trend (down) on Cable and Euro to continue to year end.
Possibly...

And I also hope for inflation to easy in UK and Europe, so we might have two overlapping trends Cable and Euro down (via weak inflation / no hikes) and Dollar up (via strong inflation / no cuts). Trader's dream :
  • #777
  • Dec 14, 2007 12:49pm Dec 14, 2007 12:49pm
Quoting Turtle
Seems like someone is trying to go for the "kill" today......
I think Moe's question should be "above 2.0 or below 2.0 TODAY"
  • #778
  • Dec 14, 2007 12:51pm Dec 14, 2007 12:51pm
Quoting cesarnc
I think Moe's question should be "above 2.0 or below 2.0 TODAY"

  • #779
  • Dec 14, 2007 1:02pm Dec 14, 2007 1:02pm
Quoting Turtle
Seems like someone is trying to go for the "kill" today......
That bull is wounded........
  • #780
  • Dec 14, 2007 1:32pm Dec 14, 2007 1:32pm
There you go.. Next week will be sooooo interesting...
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