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Walk the Talk from a fun loving discretionary trader 46 replies

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Cesarnc's market talk, gossips, rumours & fun

  • #29,901
  • Edited 7:25pm Jul 23, 2012 6:50pm | Edited 7:25pm
Quoting kill56
hey bro is that a steamer and how do u use it
........is call the chinese box, kill........and the way it work is, that the pig is inside and the fire is on top, outside, you arrange small piles on the corners so it doesn't burn and cook it for a few hours, slow cook is bether, then at the end, you flip it and toast the skin with some salt and water or olive oil if you like, but this last step is the risky one, since the pig is inside you don't see it and it could burn if you are not carefull, and we started messing with it, taking pictures of the fire and all that, so we burn it a little, but we took the skin off and the rest was awesome, you should come here to miami some day, I will cook one for you, or we can cook it together........no homo.....

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The Chonchy
  • #29,902
  • Jul 23, 2012 6:54pm Jul 23, 2012 6:54pm
........The fire that brought the burning, lol, too many pictures of the fire, the drinking and the parting, you know what I mean.......lol

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The Chonchy
  • #29,903
  • Jul 23, 2012 6:59pm Jul 23, 2012 6:59pm
Quoting roro53
don't know man, but that is one BIG mofo pinbar on the daily for IBEX at historical prices

if the FED cuts the deposit rate and all hands on deck for NIRP don't want to be short imo

who knows?

soon comes the answer, i guess
........If this new pin bar is the reason for me to go long, then I will stay short, new candle is not even out in IBFX, new candle will tell me more, but if is under the green doted line and under yellow5 ema, is down for me, and soon we will know, you are right, hope you are right for your longs, my stops are in place so no bigie here, short tite stop......

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The Chonchy
  • #29,904
  • Jul 23, 2012 7:17pm Jul 23, 2012 7:17pm
.........On fxsolutions that the candle is already open is not a doji anymore or a pin bar, is a green candle going to balance at the yellow #5, for a retrace, and then keep going down, that is my speculation, my trades are off the 30M chart, you know that, fxhermit style..........good luck......

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The Chonchy
  • #29,905
  • Jul 23, 2012 7:23pm Jul 23, 2012 7:23pm
......New candle is on IBFX already and is green, going to the yellow EMA #5 to balance and then there is by coincidence the green resistance line, so is a hard cross me think, but it could be posible, all we can do is wait and see, lets see how she rolls like turtle saids.........

......I'm short, for a spike down......then on an impulsive candle to the north and an ABC or 123 formation, I may get long, we will see........

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The Chonchy
  • #29,906
  • Jul 23, 2012 7:31pm Jul 23, 2012 7:31pm
Quoting chonchy
.........On fxsolutions that the candle is already open is not a doji anymore or a pin bar, is a green candle going to balance at the yellow #5, for a retrace, and then keep going down, that is my speculation, my trades are off the 30M chart, you know that, fxhermit style..........good luck......

Attachment
the pin-bar i am looking at is on Spain's equity index, IBEX..........

IBEX and Italy's MIB have been pretty reliable leading indicators imo

technical argument to be made that maybe a double bottom for IBEX at historic lows

all the rating agencies are piling on so bad news is OUT there already

FA........if the FED comes with a follow through on NIRP and cuts the deposit rate for banks to push money into equities and commodities i don't want to be short

play safe, but the best bet is the banks will front run the policy decision because the banks will be informed before the official stmt, and there will be time to be on the right side of the price move........my best guess. gl to all.
  • #29,907
  • Jul 23, 2012 7:34pm Jul 23, 2012 7:34pm
.........2162 is where that yellow #5 resides, so there is where I plan to add to my shorts, I have being in and out true out this ordeal, if is over, is over, I allready did my fishing but I don't think is over yet, I think is one more spike down to the 1.1900 round number sich level........it is an ugly mofo pin bar on the daily, now that you mention it roro, lol so we will see.......remember when we are all short they go long and when we are all long they go short, so don't go long before they go, lol.......
The Chonchy
  • #29,908
  • Jul 23, 2012 7:39pm Jul 23, 2012 7:39pm
Quoting roro53
the pin-bar i am looking at is on Spain's equity index, IBEX..........

IBEX and Italy's MIB have been pretty reliable leading indicators imo

technical argument to be made that maybe a double bottom for IBEX at historic lows

all the rating agencies are piling on so bad news is OUT there already

FA........if the FED comes with a follow through on NIRP and cuts the deposit rate for banks to push money into equities and commodities i don't want to be short

play safe, but the best bet is the banks will front run the policy decision because...
......I understand what you are saying roro......and there is a pin bar on the yurow daily also.......a big one so I may be on the wrong side of the trade on this one, but is only one small acc, the fithting one is flat now looking for a ride anywere, up or down, but for the purpose of speculating here on the thread, I think a last shot short is in the plans me think, call it a hunch........

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The Chonchy
  • #29,909
  • Jul 23, 2012 7:41pm Jul 23, 2012 7:41pm
nice points, chonchy

i hope you make a killing

Quoting chonchy
.........2162 is where that yellow #5 resides, so there is where I plan to add to my shorts, I have being in and out true out this ordeal, if is over, is over, I allready did my fishing but I don't think is over yet, I think is one more spike down to the 1.1900 round number sich level........it is an ugly mofo pin bar on the daily, now that you mention it roro, lol so we will see.......remember when we are all short they go long and when we are all long they go short, so don't go long before they go, lol.......
  • #29,910
  • Jul 23, 2012 7:50pm Jul 23, 2012 7:50pm
Quoting roro53
nice points, chonchy

i hope you make a killing
no I hope you too roro, two people can enter a trade and one makes money and the other one don't, is all in the money management also, I trade small so it allow me to make mistakes, when there is some nice set up, then I go in hard, but right now I'm on idle........good luck to you bro, how did you like the pig? on the chinese box, do you know this trick?
The Chonchy
  • #29,911
  • Jul 23, 2012 8:00pm Jul 23, 2012 8:00pm
Quoting chonchy
no I hope you too roro, two people can enter a trade and one makes money and the other one don't, is all in the money management also, I trade small so it allow me to make mistakes, when there is some nice set up, then I go in hard, but right now I'm on idle........good luck to you bro, how did you like the pig? on the chinese box, do you know this trick?
lots of tricks i don't know, but love to learn from others smarter and wiser like you, my friend.

thank you. chonchy
  • #29,912
  • Jul 23, 2012 8:24pm Jul 23, 2012 8:24pm
Quoting roro53
lots of tricks i don't know, but love to learn from others smarter and wiser like you, my friend.

thank you. chonchy

.......never my friend, never I'm smarter than you, I just learn from others here, fxhermit, the dove-alliance, peterFM, 45condor, smikester, even from you I have learn a lot and Ing, dswk, cesar, I have learn a little from each and every one that comes true this thread, sicko, Big wave rider, turtle, ash, bemac, ak4x and too many to mention, is a constant study process and you never learn it all........but thanks a lot for the kind words, roro, you made me go sealy me but I was talking about the chinese box trick........lol
The Chonchy
  • #29,913
  • Jul 23, 2012 8:29pm Jul 23, 2012 8:29pm
......right now I want to see this 4H MACD to go a bit higher for another cicle down, 5M and 30M are ready, once the tree are in sinc it will go.......no sinc no go.......but it looks like the 4 dots green line on the bothom wants to be retested, I may be wrong, I have being.......

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The Chonchy
  • #29,914
  • Jul 23, 2012 9:09pm Jul 23, 2012 9:09pm
Quoting Skynet
Hello lads,

i will need to disappear for a month or so. job obligations. i have been moved to a new site. need to get stuff done there. i will be completely swamped with work.

i will miss all of you.

skynet

p.s., chonchy. you rock.
don't get distracted along the way or anything like that.......hope to see you back a lot sooner than later.

very best regards and gl with the next assignment

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  • #29,915
  • Jul 23, 2012 9:46pm Jul 23, 2012 9:46pm
CAC.. day
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  • #29,916
  • Jul 23, 2012 9:50pm Jul 23, 2012 9:50pm
Day.. DAX
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  • #29,917
  • Jul 23, 2012 10:21pm Jul 23, 2012 10:21pm
USDX a bit pinny
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  • #29,918
  • Jul 24, 2012 2:52am Jul 24, 2012 2:52am
.......food for thoughts.......

.........If franc wants to go to parity, the yurow will go to 1.1900......think about it.........

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The Chonchy
  • #29,919
  • Jul 24, 2012 2:56am Jul 24, 2012 2:56am
Quoting danc
USDX a bit pinny

......Nice charts Danc, thanks......
The Chonchy
  • #29,920
  • Jul 24, 2012 3:01am Jul 24, 2012 3:01am
Quoting chonchy
.........Did you got it?
yes...bro..it had to be a very quick one switching and following it up...and am currently short from 1.21050 targeting 1st 1.20050...cheers bro..hope you got yesterday own...cheers
Imanuel Parsifal
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