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Cesarnc's market talk, gossips, rumours & fun

  • #28,381
  • Edited 5:35pm Jun 16, 2012 5:21pm | Edited 5:35pm
..........and daily is ready to take off to the up side.........but it could bounce here also.......is a good resistance.........

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The Chonchy
  • #28,382
  • Jun 16, 2012 5:32pm Jun 16, 2012 5:32pm
.........And 4H is also about to bounce or break, I plan to add to my shorts if it bounce and keep hedging with the franc if it breaks.......I'm short the franc, lock in profits, will close the whole position if it bounce just a bit........

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The Chonchy
  • #28,383
  • Jun 16, 2012 5:51pm Jun 16, 2012 5:51pm
Quoting dart
I'm liking this thread more and more everyday........
dart,

is it this that is influencing your opinion....
Quote
Original post by Chonchy
.........And 4H is also about to bounce or break, I plan to add to my shorts if it bounce and keep hedging with the franc if it breaks.......I'm short the franc, lock in profits, will close the whole position if it bounce just a bit........

http://www.forexfactory.com/attachme...1&d=1339885913
or this maybe

http://24.media.tumblr.com/tumblr_m5...7xwvo1_500.jpg


or both?
  • #28,384
  • Jun 16, 2012 6:02pm Jun 16, 2012 6:02pm
Chonchy......with the traffic picking up i wonder if everyone is reading the technical and fundamental analysis?????????????????????????????????????

it is difficult to know.......i know some are because i get PMS about it.

you too, right

i like getting varying opinions...you too, right Chonchy
  • #28,385
  • Jun 16, 2012 6:05pm Jun 16, 2012 6:05pm
Quoting roro53
Chonchy......with the traffic picking up i wonder if everyone is reading the technical and fundamental analysis?????????????????????????????????????

it is difficult to know.......i know some are because i get PMS about it.

you too, right

i like getting varying opinions...you too, right Chonchy
since we are on the subject of opinions.......anyone have an opinion on this?

http://24.media.tumblr.com/tumblr_m5...7xwvo1_500.jpg

or that
  • #28,386
  • Jun 16, 2012 7:01pm Jun 16, 2012 7:01pm
hey, DART,

since level 6 did a good job of welcoming you here with top notch art. i really like the first one(trying to button her....). what can i say, roar roar 53 is in a class by himself.

anyways, i will try and welcome you with a colour-themed art(chonchy loves the colours...to keep things fair and balanced).

enjoy:

https://s3.amazonaws.com/data.tumblr...ii8o1_1280.jpg
" It may mean something. It may mean nothing at all "
  • #28,387
  • Jun 16, 2012 7:11pm Jun 16, 2012 7:11pm
thanks sky, but i am in amongst class........whatever i bring the class and style in this thread just brings it out.......i owe

Quoting Skynet
hey, DART,

since level 6 did a good job of welcoming you here with top notch art. i really like the first one(trying to button her....). what can i say, roar roar 53 is in a class by himself.

anyways, i will try and welcome you with a colour-themed art(chonchy loves the colours...to keep things fair and balanced).

enjoy:

https://s3.amazonaws.com/data.tumblr...ii8o1_1280.jpg
  • #28,388
  • Jun 16, 2012 7:15pm Jun 16, 2012 7:15pm
one more for chonchy:

http://s5.postimage.org/8iow4uj5z/56f1340954dd.jpg
" It may mean something. It may mean nothing at all "
  • #28,389
  • Jun 16, 2012 7:33pm Jun 16, 2012 7:33pm
from a fundamental perspective i find it hard to believe the other central banks including the FED will leave Mervyn King out to dry

King is the venerable central banker of central bankers and has led the plea to push stimulus down to the common people.

in other words, King is a kind of Churchill appealing to the emotions of the populace but also has the credibility to pull it off.

i seriously doubt that King's effort are in in vain or to be wasted by wreckless central planning or poor timing.

there is however also a downside.......
  • #28,390
  • Jun 16, 2012 7:39pm Jun 16, 2012 7:39pm
Quoting roro53
from a fundamental perspective i find it hard to believe the other central banks including the FED will leave Mervyn King out to dry

King is the venerable central banker of central bankers and has led the plea to push stimulus down to the common people.

in other words, King is a kind of Churchill appealing to the emotions of the populace but also has the credibility to pull it off.

i seriously doubt that King's effort are in in vain or to be wasted by wreckless central planning or poor timing.

there is however also a downside.......
since we are on the subject of opinions.......anyone have an opinion on this or that?

http://24.media.tumblr.com/tumblr_m5...7xwvo1_500.jpg
  • #28,391
  • Jun 16, 2012 7:54pm Jun 16, 2012 7:54pm
Quoting roro53
from a fundamental perspective i find it hard to believe the other central banks including the FED will leave Mervyn King out to dry

King is the venerable central banker of central bankers and has led the plea to push stimulus down to the common people.

in other words, King is a kind of Churchill appealing to the emotions of the populace but also has the credibility to pull it off.

i seriously doubt that King's effort are in in vain or to be wasted by wreckless central planning or poor timing.

there is however also a downside.......
i have already tried to address this...in private...since it is posted here...i will re-paste my answer:

In all the past cases where i tried to guess what the FED or the BOJ or the BOE or the SNB or the RBA are trying to do...i have been wrong.

I have reached the conclusion that i am woefully equipped with playing guessing games with the FED or her equivalents in other countries....

I will say this much: they care more about the market than they care about the underlying economy. That is my short rule in dealing with the FED or the BOJ or the RBA or the(take your pick)....that is why they play the game of kicking the can down the road instead of dealing with problems in a rational manner...they are more about how things appear, the optics and politics of a situation than what is really, actually, necessary needs to be done....that is why they feed HOPIUM into the press.

It is a game of politics. expediency will determine what they will do. What member said this or said that....how will the other members react? who knows? only heaven knows.

I went flat into the weekend after clearing my short in eur/usd for +40pips from 1.2635....I will probably wait till monday or tuesday to take any trades--thereby giving the market enough time to digest the greek elections; also this allows enough time for people to process what next set of spin and bullshit their politicians are going to issue based on the result of the greek elections. I believe, based on whoever wins the greek elections, various europeans powers and the usa are preparing a way to spin the results to feed more hopium. That is why i will wait till tuesday or so, to let everything digest itself.

Bottomline: i am not good at playing guessing games with the FED or other BIG BANKS of various other countries.

I am pretty certain i did not answer your question the way you wanted....but this is my honest opinion. It just seems futile(from my end) to try and read their minds. In certain cases, such as this, i prefer to react than anticipate.

respectfully,
" It may mean something. It may mean nothing at all "
  • #28,392
  • Jun 16, 2012 8:18pm Jun 16, 2012 8:18pm
In a nutshell, if one tries to read their minds, the best that one can do is this:

Ask two simple questions:

what does the market looks like it needs?(which may or may not be aligned with what the economy needs)

What looks good for the politicians?

these two proxies are the best way i know how to guess what is on the minds of the federal bankers.

that is the best i can do, roar roar 53.






Quoting Skynet
i have already tried to address this...in private...since it is posted here...i will re-paste my answer:

In all the past cases where i tried to guess what the FED or the BOJ or the BOE or the SNB or the RBA are trying to do...i have been wrong.

I have reached the conclusion that i am woefully equipped with playing guessing games with the FED or her equivalents in other countries....

I will say this much: they care more about the market than they care about the underlying economy. That is my short rule in dealing with the FED or the BOJ...
" It may mean something. It may mean nothing at all "
  • #28,393
  • Jun 16, 2012 8:24pm Jun 16, 2012 8:24pm
Quoting Skynet
i have already tried to address this...in private...since it is posted here...i will re-paste my answer:

In all the past cases where i tried to guess what the FED or the BOJ or the BOE or the SNB or the RBA are trying to do...i have been wrong.

I have reached the conclusion that i am woefully equipped with playing guessing games with the FED or her equivalents in other countries....

I will say this much: they care more about the market than they care about the underlying economy. That is my short rule in dealing with the FED or the BOJ...
you hit the nail....no one knows, but you have succeeded in bringing the question to the forefront so i imagine all of us here also start to think about what or what not as if we or you or i were in the shoes of the BOE FED BOJ

there is really only so much room to maneuver imo and a lot of it as you have pointed out is perception management.

i think by putting King up the banks are either making a huge bluff and will try to kick it down the road on innuendo of intervention and let the man retire peacefully or are all in

honest answer.......i don't know, but if King is ditched then i think the market will fall hard and perhaps with an element of chaos........there is also an argument that that may be in the works by design too

thanks so much, Sky
  • #28,394
  • Jun 16, 2012 8:30pm Jun 16, 2012 8:30pm
i am seriously thinking of giving up trading for jewelry design

and religion

http://24.media.tumblr.com/tumblr_m5...7xwvo1_500.jpg
  • #28,395
  • Jun 16, 2012 8:42pm Jun 16, 2012 8:42pm
i like firm, pointy, full and taut breasts. that stand and defy gravity. look at those lips too...very full and plump. and that stomach: flat. just the way i like it.

nice. niiiiice.

Quoting roro53
i am seriously thinking of giving up trading for jewelry design

and religion

https://s3.amazonaws.com/data.tumblr...7xwvo1_500.jpg
" It may mean something. It may mean nothing at all "
  • #28,396
  • Jun 16, 2012 9:40pm Jun 16, 2012 9:40pm
central banks' theme ..........my world is empty without you

Inserted Video


http://24.media.tumblr.com/tumblr_m5...7xwvo1_400.jpg
  • #28,397
  • Jun 16, 2012 10:21pm Jun 16, 2012 10:21pm
this is the market............all tied up in knots



http://24.media.tumblr.com/tumblr_m5...7xwvo1_500.jpg
  • #28,398
  • Jun 16, 2012 11:01pm Jun 16, 2012 11:01pm
Quoting Skynet
In a nutshell, if one tries to read their minds, the best that one can do is this:

Ask two simple questions:

what does the market looks like it needs?(which may or may not be aligned with what the economy needs)

What looks good for the politicians?

these two proxies are the best way i know how to guess what is on the minds of the federal bankers.

that is the best i can do, roar roar 53.

.......Central banks are like private bussines but with a lot of power, pivate bussines look to sell their product, get paid and impress their owners, central banks are no diferent, they try to sell their product,( lend their money), get paid the interest back on those loans and to do that they need to improve exports so corporations do well and pay the goverment a lot of taxes so the goverment in return pay their loans to them with the corresponding interest, so in this effort each country or each central bank of each country will try to devalue their currency so exports increase and sales are bust and taxes are paid and loans are paid, that way they impress their owners, and that is why you see this devalue or printing wars, each time they print more currency, they devalue their currency and that way exports increase because people find the currency low and buy that country's product and so on, currency wars, they don't care if the bread cost more, or if if your dollar cost less, they don't suffer the consecuenses and if they do, they print more, an extra check for their calculated inflation, if they get paid well and everything goes as to plan, they just buy gold or a new yacth.........

http://www.instablogsimages.com/1/20...itle_hodfl.jpg

http://www.instablogsimages.com/1/20...itle_dn4lb.jpg

http://www.instablogsimages.com/1/20...itle_7kpcb.jpg
The Chonchy
  • #28,399
  • Edited 11:34pm Jun 16, 2012 11:10pm | Edited 11:34pm
great pix, Chonchy..........the photos depict organizational behavior on an industrial scale, imo..........think Bismark

if you were an american, russian or british, french or chinese submarine commander what would you think?


Quoting chonchy
.......Central banks are like private bussines but with a lot of power, pivate bussines look to sell their product, get paid and impress their owners, central banks are no diferent, they try to sell their product,( lend their money), get paid the interest back on those loans and to do that they need to improve exports so corporations do well and pay the goverment a lot of taxes so the goverment in return pay their loans to them with the corresponding interest, so in this effort each country or each central bank of each country will try to devalue...
  • #28,400
  • Jun 16, 2012 11:43pm Jun 16, 2012 11:43pm
Quoting roro53
great pix, Chonchy..........the photos depict organizational behavior on an industrial scale, imo..........think Bismark

if you were an american, russian or british, french or chinese submarine commander what would you think?
..........Happy fathers day roro and all who celebrate this day, have a wonderfull day tomorrow.........
The Chonchy
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