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Cesarnc's market talk, gossips, rumours & fun

  • #7,461
  • Apr 8, 2008 8:15am Apr 8, 2008 8:15am
cesar,

You're right, I mean it's pretty insane when the 15m chart is long term
Patience + Humility + Study = Success
  • #7,462
  • Apr 8, 2008 8:24am Apr 8, 2008 8:24am
Breaking news...

Boeing renames its Dreamliner project "Nightmareliner"

April 8 (Bloomberg) -- Boeing Co. may need to give itself plenty of leeway when disclosing the new 787 Dreamliner delivery schedule tomorrow because a third miscalculation might jeopardize the second-largest planemaker's standing with investors.


``The more they miss, the more I get the impression they don't even know what the problems are,'' said Jon Kutler, head of Admiralty Partners Inc., a Los Angeles-based investment firm that focuses on closely held aerospace companies. ``It's going to take a whole lot to repair their credibility.''
  • #7,463
  • Apr 8, 2008 10:47am Apr 8, 2008 10:47am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Ash
Good thing didn't close my GU Short. Let's see what happens.
looks like the BoE rate cut rumour was enough to break the support, GU could be interesting this week afterall.
  • #7,464
  • Apr 8, 2008 11:21am Apr 8, 2008 11:21am
Quoting MPP
looks like the BoE rate cut rumour was enough to break the support, GU could be interesting this week afterall.
I got stopped out for 202 pips. Looking to go back in at a good entry point.
Humble Lifetime Member
  • #7,465
  • Apr 8, 2008 11:41am Apr 8, 2008 11:41am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting Ash
I got stopped out for 202 pips. Looking to go back in at a good entry point.
did you move your stop in quite tight then, as price seems to be stuck, don't blame you as i would expect the price to retrace overnight to at least a 5ma on the daily. 202 pips
  • #7,466
  • Edited 1:33pm Apr 8, 2008 11:49am | Edited 1:33pm
Quoting MPP
did you move your stop in quite tight then, as price seems to be stuck, don't blame you as i would expect the price to retrace overnight to at least a 5ma on the daily. 202 pips
The problem with me is that I don't trust cable and that is why I keep my S/L's tight with this pair. In the past (very very distant past) had horrible experiences. Brings back horrible memories of a time and place I would just rather forget. Got lucky a few months ago with the 2500+ but kept my eye on it like a hawk and followed fundamentals like a stalker. :

Just like Plutonite got kicked in the groin by a kangaroo, I've been whipped by a cable.
Humble Lifetime Member
  • #7,467
  • Apr 8, 2008 12:09pm Apr 8, 2008 12:09pm
We are all totally insane for playing this market

We are supposed to be using charts etc to catch nice steady trends with stops for when there is an unusual wobble

This is the only way that traders can be profitable

This market is like diving into a bubble bath with an epileptic and expecting not to get kicked in the eye

I am out and licking my wounds

Relocating to the East of the Cascade Mountains in Washington State to clear my head - start again in 3 weeks when another few US banks have gone bust and people are feeling as depressed about the U.S. economy as they should be instead of bidding up the DOW like the wolf is gone from the door...

Sold my UK house and exchanged contracts with completion day friday - phew

Stop the world I want to get off !
  • #7,468
  • Apr 8, 2008 12:19pm Apr 8, 2008 12:19pm
Quoting allserene
We are all totally insane for playing this market

We are supposed to be using charts etc to catch nice steady trends with stops for when there is an unusual wobble

This is the only way that traders can be profitable

This market is like diving into a bubble bath with an epileptic and expecting not to get kicked in the eye

I am out and licking my wounds

Relocating to the East of the Cascade Mountains in Washington State to clear my head - start again in 3 weeks when another few US banks have gone bust and people are feeling as depressed about the U.S. economy as they should be instead of bidding up the DOW like the wolf is gone from the door...

Sold my UK house and exchanged contracts with completion day friday - phew

Stop the world I want to get off !
Congrats on your home!

Don't blame you for staying away from this madness. Only the truly insane will try to trade in this market.
Humble Lifetime Member
  • #7,469
  • Apr 8, 2008 12:27pm Apr 8, 2008 12:27pm
As good a time as any to stay away from the markets, but there is never a point when the markets "should" do something that it isn't. It is what it is.
  • #7,470
  • Apr 8, 2008 12:32pm Apr 8, 2008 12:32pm
Quoting SunTrader
As good a time as any to stay away from the markets, but there is never a point when the markets "should" do something that it isn't. It is what it is.
That's my favorite saying
Patience + Humility + Study = Success
  • #7,471
  • Apr 8, 2008 12:46pm Apr 8, 2008 12:46pm
Moe on a rant over in the members lounge about MB Trading.

Why he thinks he needs to warn others I can't understand. If he don't like 'em, don't use 'em. Must be on a losing streak. Happens all the time when someone is blaming news spikes, broker spreads, big boys playing with sup/res levels, fast moves starting during quiet off hours etc etc.
  • #7,472
  • Apr 8, 2008 1:34pm Apr 8, 2008 1:34pm
NY down after FOMC minutes released. Not a big reaction though.
  • #7,473
  • Apr 8, 2008 1:37pm Apr 8, 2008 1:37pm
Quoting SunTrader
As good a time as any to stay away from the markets, but there is never a point when the markets "should" do something that it isn't. It is what it is.
The drinking traders are spilling out
There's staggering in the charts
There's orders and stops falling about
And a recession in the air

Down around the bank's doors
The shelters and the queues
Everybody's looking for
Somebody's wallets to fall into

That's what it is
It's what it is now


http://upload.wikimedia.org/wikipedi...pfler20061.jpg
  • #7,474
  • Apr 8, 2008 1:42pm Apr 8, 2008 1:42pm
Quoting allserene
We are all totally insane for playing this market


I am out and licking my wounds
Join the clube BWR and I are already in

The Off Market Pissed Off Traders Club
  • #7,475
  • Apr 8, 2008 4:37pm Apr 8, 2008 4:37pm
Just found this video. Noel @ Paris - Wonderwall..

Please spare me from the "Oasis sucks" commentaries :

Inserted Video
  • #7,476
  • Apr 8, 2008 5:26pm Apr 8, 2008 5:26pm
Cesar, who's the guy in the pic? Looks very familiar.

And now for some wild[ly accurate] speculation: EURUSD is going to hit 1.5590 or so then bounce up, USDCHF and USDJPY bulls on a buying mission today, enjoy the pips, for any complaints/lost capital call toll free 1-800-ishoudntreproduce

Good luck.
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #7,477
  • Apr 8, 2008 5:32pm Apr 8, 2008 5:32pm
Quoting DutchTrader
That's my favorite saying
My favorite market saying is :

"holy WTF, batman!!"

Also: "I hope your moms get diarrhea tonight, crazy f*cking bulls"
Virtue finds and chooses the mean. Aristotle, Ethica Nichomachea
  • #7,478
  • Apr 8, 2008 7:06pm Apr 8, 2008 7:06pm
Mark Knopfler - Dire Straits
  • #7,479
  • Apr 8, 2008 7:23pm Apr 8, 2008 7:23pm
Quoting SunTrader
Mark Knopfler - Dire Straits
One of the best guitars to me. He's not that virtuoso. But he always seems to put the right tone in the right place. The solo on Sultans of Swing just couldn't be written in another way.

I don't actually like his actual phase, though.
  • #7,480
  • Apr 8, 2008 9:57pm Apr 8, 2008 9:57pm
As far as guitarists I am a fan of old school types like Jeff Beck and also Steve Stevens of Billy Idol's band - "Eyes Without a Face" screams.
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