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

  • #981
  • Dec 20, 2007 2:21am Dec 20, 2007 2:21am
Quoting cesarnc
Thanks to the minutes this was not another f&**-up day... Coz UJ and EU, CAD, CHF are as good as dead

I'm wondering if forex has already called it a year
Its Xmas trading at its finest.
Patience + Humility + Study = Success
  • #982
  • Dec 20, 2007 3:15am Dec 20, 2007 3:15am
Trichet's ass on the line

Dec. 20 (Bloomberg) -- European Central Bank President Jean- Claude Trichet, who is trying to stave off both inflation and a credit squeeze at the same time, may soon have to choose sides.

Economists at Deutsche Bank AG, Royal Bank of Scotland Group Plc and Morgan Stanley say Trichet -- who told the European Parliament yesterday that efforts to deliver price stability and encourage banks to lend are ``totally separate'' -- may be forced to follow the Bank of England and the Federal Reserve in cutting interest rates as higher credit costs hurt the broader economy.

(...)

Trichet's comments yesterday suggest the ECB's intention is to keep pumping cash into banks, while holding its rate at a six- year high of 4 percent to restrain prices. The Bank of England and the Fed, meanwhile, are saying that credit conditions have deteriorated so much they are already spilling into the real economy and warrant reductions.

``Banks themselves are worried that the impact of their reluctance to lend will lead to a sharper downturn,'' Bank of England Governor Mervyn King told lawmakers in London on Dec. 18. ``That concern is a serious one.''
http://www.estrelladigital.es/especi...%5Ctrichet.jpg
  • #983
  • Dec 20, 2007 3:28am Dec 20, 2007 3:28am
Quoting cesarnc
Trichet's ass on the line

Dec. 20 (Bloomberg) -- European Central Bank President Jean- Claude Trichet, who is trying to stave off both inflation and a credit squeeze at the same time, may soon have to choose sides.

Economists at Deutsche Bank AG, Royal Bank of Scotland Group Plc and Morgan Stanley say Trichet -- who told the European Parliament yesterday that efforts to deliver price stability and encourage banks to lend are ``totally separate'' -- may be forced to follow the Bank of England and the Federal Reserve in cutting interest rates as higher credit costs hurt the broader economy.
How funny...saw this interview with a guy(can't remember his name) on CNBC yesterday saying that Trichet doesn't have clue and Europe could suffer because of it......

HOLLA
  • #984
  • Dec 20, 2007 3:32am Dec 20, 2007 3:32am
Trichet does not have to choose sides, his mandata has chosen sides for him: to fight inflation.

Unlike the FED, the BCE's mandate does not tell him to focus on inflation AND on economic growth. Although, of course, both are related BCE's focus is to fight inflation.

Of course, if that gets us into a recession politicians will change their mind, but that takes time.
  • #985
  • Dec 20, 2007 3:42am Dec 20, 2007 3:42am
Q4 Quickies

- Oracle strong
- Nike strong
  • #986
  • Dec 20, 2007 3:43am Dec 20, 2007 3:43am
long trichet long...
its just money
  • #987
  • Dec 20, 2007 4:23am Dec 20, 2007 4:23am
Check this out, give your opinion

http://forexfactory.com/showthread.php?t=61580
  • #988
  • Dec 20, 2007 4:36am Dec 20, 2007 4:36am
Quoting cesarnc
Check this out, give your opinion

http://forexfactory.com/showthread.php?t=61580
That was a tough one, but Britney has been constant "all" year, so that gave her the edge over Ben......

HOLLA
  • #989
  • Edited 7:12am Dec 20, 2007 7:07am | Edited 7:12am
This one goes out to everyone (Not on this Thread) who criticized me and thought too highly of themselves and the said "buy GU long" and thought that I was a loonie (sorry, not Canadian) when I said a few months ago "cable is going down to around 1.97xx and maybe even as far as 1.88xx.

http://www.bluehatseo.com/images/mid...nger_flame.jpg

On a serious note, The Daily on GU is still in full bear mode (the weekly also crossed into bear territory). Unless someone is scalping, I wouldn't try to go long. Still expect more downside. Happy holidays and pippin to all! Santa Claus finally showed up and gave me my PIPS!
Humble Lifetime Member
  • #990
  • Dec 20, 2007 7:35am Dec 20, 2007 7:35am
@Ash

The Kiwis thank you;-)
Patience + Humility + Study = Success
  • #991
  • Edited 7:51am Dec 20, 2007 7:49am | Edited 7:51am
Quoting Ash
This one goes out to everyone (Not on this Thread) who criticized me and thought too highly of themselves and the said "buy GU long" and thought that I was a loonie (sorry, not Canadian) when I said a few months ago "cable is going down to around 1.97xx and maybe even as far as 1.88xx.

http://www.bluehatseo.com/images/mid...nger_flame.jpg

On a serious note, The Daily on GU is still in full bear mode (the weekly also crossed into bear territory). Unless someone is scalping, I wouldn't try to go long. Still expect more downside. Happy holidays and pippin to all! Santa Claus finally showed up and gave me my PIPS!

Great job Ash, you should put a headline on the top of that pic, showing that you are still short on the pound from 2.1---

The naysayers will become HATERS.............

HOLLA

P.S. Cesarnc....nine more post until 1,000. Pretty awesome, and the thread has been just like the title. Thanks for starting this one for me.
  • #992
  • Dec 20, 2007 7:55am Dec 20, 2007 7:55am
cesar,

Could you post some Bundas from time to time. : After all, it is the season for giving.
Patience + Humility + Study = Success
  • #993
  • Dec 20, 2007 8:37am Dec 20, 2007 8:37am
Quoting Turtle
Great job Ash, you should put a headline on the top of that pic, showing that you are still short on the pound from 2.1---

The naysayers will become HATERS.............

HOLLA

P.S. Cesarnc....nine more post until 1,000. Pretty awesome, and the thread has been just like the title. Thanks for starting this one for me.
Nah, already have enough enemies as is.

Just want to be left alone, make my pips, share and learn from everyone.
Humble Lifetime Member
  • #994
  • Dec 20, 2007 8:53am Dec 20, 2007 8:53am
Quoting Ash
This one goes out to everyone (Not on this Thread) who criticized me and thought too highly of themselves and the said "buy GU long" and thought that I was a loonie (sorry, not Canadian) when I said a few months ago "cable is going down to around 1.97xx and maybe even as far as 1.88xx.

http://www.bluehatseo.com/images/mid...nger_flame.jpg

On a serious note, The Daily on GU is still in full bear mode (the weekly also crossed into bear territory). Unless someone is scalping, I wouldn't try to go long. Still expect more downside. Happy holidays and pippin to all! Santa Claus finally showed up and gave me my PIPS!
That's the best "told'ya so" ever
  • #995
  • Dec 20, 2007 9:06am Dec 20, 2007 9:06am
Quoting Ash
Nah, already have enough enemies as is.

Just want to be left alone, make my pips, share and learn from everyone.

I feel ya........


It's raining pips again....Happy New Years from the Bank of England......

HOLLA
  • #996
  • Dec 20, 2007 9:07am Dec 20, 2007 9:07am
Another good day here. 2 trades, +100 pips a piece in GJ

http://i2.photobucket.com/albums/y28...miley_rock.gif http://i2.photobucket.com/albums/y28...tingstereo.gif http://i2.photobucket.com/albums/y28...nc/mooning.gif
  • #997
  • Dec 20, 2007 9:10am Dec 20, 2007 9:10am
cesar,

Good to see you're back live and kicking bro
Patience + Humility + Study = Success
  • #998
  • Dec 20, 2007 9:13am Dec 20, 2007 9:13am
Quoting DutchTrader
cesar,

Good to see you're back live and kicking bro
Just testing 2 strategies for GJ here, with slow money. So far so good. Plan is to get hot in January, for those strategies are killers in trendling periods mostly. They were profitable in the last 2 days because of cable's weakness. If was for UJ, I'd be doomed by now. 5th day in a row hovering around 113.
  • #999
  • Dec 20, 2007 9:16am Dec 20, 2007 9:16am
Quoting cesarnc
Just testing 2 strategies for GJ here, with slow money. So far so good. Plan is to get hot in January, for those strategies are killers in trendling periods mostly. They were profitable in the last 2 days because of cable's weakness. If was for UJ, I'd be doomed by now. 5th day in a row hovering around 113.
Yeah UJ is just hugging 113 like a security blanket. I've been all over the place, but the Kiwi's my thing right now, along with the Cad and also checking up on Eur/Aud I sense breakout potential.
Patience + Humility + Study = Success
  • #1,000
  • Dec 20, 2007 9:42am Dec 20, 2007 9:42am
Quoting cesarnc
Another good day here. 2 trades, +100 pips a piece in GJ

http://i2.photobucket.com/albums/y28...miley_rock.gif http://i2.photobucket.com/albums/y28...tingstereo.gif http://i2.photobucket.com/albums/y28...nc/mooning.gif

Humble Lifetime Member
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