Cesarnc's market talk, gossips, rumours & fun

Spent some time on the set this summer. A friend of ours is the producer and my son was the stills photographer. Loads of fun watching these young folk doing their thing.

Great story and great visuals as per Lucas of course. A friend of ours from the Carribean has a bit part in this movie. He is the medic - have'nt seen the flick so don't know how much of a part he has but I certainly want to see this on the big screen.

This trade hurt me ... i was short since the beginning of the week all stopped in profit @ 1.3170 and now i'm blocked on a @ 1.3240 (sell) trade...
It's looking Bad / Bad / Bad
And I do not feel this short ....
Let see how the market will react on NFP ....

I hear ya FX.........

Today phase will be "let's see how she close"......

HOLLA

Yeah, don't know where she'll close but she sure has been showing us her legs today.

Nice chart Fxhermit! I'm still staring at it. The chart, that is. How did I miss that entry?

Can't resist a pair of legs like that FX......

Got a small line in heading north.

I like the close above the Daily 100(Green line) , 4HR 100.........and the 1HR 200 (not shown) is right at 1.3273.

Could see that Monthly 100(Dark Orchid) tomorrow.

Let's see how she rolls.......

HOLLA

I don't know Smikester, you must have been distracted I'm sure .

That entry made me chew my nails as it took a few bars to get going and then to top it off I missed the next add on entry (duhh). I must have been distracted .

Hey, Turtle, I like your analysis, will keep my eyes peeled for pullbacks and rinse and repeat as often as price allows.

You and me both.

HOLLA

Ahhh..sh-t.......

She trying to stay above the 4HR and Daily, candle closing in 20 minutes....

Let's see how she rolls, could it be hammer time??? Can't Touch This.......everybody say ho!

HOLLA

YEAH BA-BY..........

HOLLA


Originally Posted by DutchTrader http://www.forexfactory.com/images/buttons/viewpost.gif
http://www.whoateallthepies.tv/jafsfsafafaas.gif

Ahh sh-t....it's about to be a wild one, must be a Friday!!!!

HOLLA

All eyes may be on NFP, but the following should also be borne in mind:

Well, once again there is uncertainty in what will happen in Greece, but the declaration has been that the required 85% participation – actually, 85.8%, which is very convenient – has been attained of bond holders, and that CACs will be invoked. Pff, as suspected all along. It’s just a farce, as, of this time yesterday, there was 10% less than the official figure from last night. In essence, another 10% were ‘persuaded’ to participate in the bond swap.

So there is 25% that said stuff that, and so held out.

I won’t bother trying to outline the lies and bribery that I read into all of the news surrounding this rape of a nation and protection of power, but would proffer the suggestion that in a couple of hours (1pm GMT I am told) the ISDA will NOT declare default (handy, is that 0.8%), and has a difficult decision to make in triggering CDS insurance, as it does not fall into time lines and can-kicking that I see… however, the ISDA voters include the likes of GS and JPM, so it’s a tough call to make, as the cost for insurance will be expensive, and to declare default is considered by some as assuring the destruction of the derivative markets, which is what these banks rely on to survive. CDS insurance will hit some in Wall Street pretty hard, which by association will hit Europe.

As for the MSM declaring the participation the saviour of Greece; erm, the 209B Euro bailout is held in escrow, and will not be given to Greece until the swap and accord are completed in a manner that the ECB etcetera deem satisfactory. Well, the German banks. It ain’t yet, and serious discussion is occurring in order to determine if this time, the declaration of the Greeks is met.

If it was my money being handed over, I would want to see physical evidence by way of revenue receipts gained since the last bailout, before giving more money over. And that is an awful thing to state, as I know that my money is not going to help the Greeks, but the very banks outside of Europe that caused the mess for Greece in the first instance. Oh, and those criminals in Greece – the politicians and bankers.

I think I’ll head on down to the stables – I do not want to see in chart ticks, the destruction that may follow.

I would have taken the lowest candle. I understand you trade off the impulsive candle. Maybe the trade was a little late in the day? What is the next add on entry, may I ask?

Nice article as always, Condor. Wonder where Chonchy is?

My system generated a reversal signal ( sorry about that, Turtle) and both TP1 and TP2 have been accomplished. It being Friday along with the world being what it is and my need to sleeeeep, I have gone flat at TP3. Probably more downside in the making but I'm happy to leave it at that for the week. Will wait for next week's rinse and repeat in whatever direction that the market presents.

Smikester, the add on candle was the one marked in yellow. It is an impulse candle that broke the fractal point (S/R level), a break of the 123 or ABC as some would call it.

Time of day - yeah, I'm always of two minds when a signal is generated during times of low liquidity or late in a session. Mostly I go with my system as it seems to be correct more often than me. LOL

Duhhh! Should have stayed with the trade. Goes to show me how fatigue can muddle the mind ..... mind? What mind? There's gotta be one around here somewhere . Bend me over why don't ya ...

No problem bro, I reversed early this morning when price broke the 1.3244 level. Took some profit and now moved my s/l to +2.

HOLLA