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Cesarnc's market talk, gossips, rumours & fun

  • #32,681
  • Sep 17, 2012 4:21am Sep 17, 2012 4:21am
hi guys, so far slow. i picked few pips up e/u following a small loss and nothing doing with g/u and us oil i made a few pips following an accident lol. school boy error. I am trading so i will not be around to chat. take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,682
  • Sep 17, 2012 4:23am Sep 17, 2012 4:23am
g/u is boxed in on 15 min, so i guess that will break out when ever. i will set my triggers
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,683
  • Sep 17, 2012 4:26am Sep 17, 2012 4:26am
hey Guys

Great thead.

fxhermit style?.........Could you point me to where I can check this out?

Thanks
  • #32,684
  • Sep 17, 2012 4:34am Sep 17, 2012 4:34am
Quoting billytt
hi guys, so far slow. i picked few pips up e/u following a small loss and nothing doing with g/u and us oil i made a few pips following an accident lol. school boy error. I am trading so i will not be around to chat. take care
Hey billy, nice to see you here.
  • #32,685
  • Sep 17, 2012 4:36am Sep 17, 2012 4:36am
Quoting FOURX
hey Guys

Great thead.

fxhermit style?.........Could you point me to where I can check this out?

Thanks
http://www.forexfactory.com/search.p...460584&page=51

http://www.forexfactory.com/showthread.php?t=106165
The Chonchy
  • #32,686
  • Sep 17, 2012 4:46am Sep 17, 2012 4:46am
Quoting GoldMan.
Hey billy, nice to see you here.
its a pleasure to hear from you. this is good room except for a few dodgy pictures lol. its just a slow day plus i need to get my motorbike fixed.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,687
  • Sep 17, 2012 4:58am Sep 17, 2012 4:58am
Quoting billytt
its a pleasure to hear from you. this is good room except for a few dodgy pictures lol. its just a slow day plus i need to get my motorbike fixed.
what kind of motorbike you have?
  • #32,688
  • Sep 17, 2012 5:04am Sep 17, 2012 5:04am
Quoting GoldMan.
what kind of motorbike you have?
yamaha fzr1000 approx 21 years old and immaculale with only 36000 miles. Trouble is its been raced on the isle of man TT races, top speed reached of 198 miles per hour lol. really this is a sunday bike so perhaps i may need to get something newer but i love the old yamahas
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,689
  • Sep 17, 2012 5:15am Sep 17, 2012 5:15am
Quoting billytt
yamaha fzr1000 approx 21 years old and immaculale with only 36000 miles. Trouble is its been raced on the isle of man TT races, top speed reached of 198 miles per hour lol. really this is a sunday bike so perhaps i may need to get something newer but i love the old yamahas
Nice!
  • #32,690
  • Sep 17, 2012 5:39am Sep 17, 2012 5:39am
Quoting chonchy
.

.......Sir FX. what do you mean by the 0, 50 and 100, that if it pass 100, you go north with it? is that your entry point, kind of like the TEB63 system? thanks in advance sir.
Hello Sir Choncy,

Thats 0/50/100 is Fibo lines - nothing special but am like to use it for measure the strengh and weakness of every candles form and close..am removed all the left fibo lines for keep it simple as personaly am hate to many noises,beside that the fiber love Fib 50%

I am prefer to see the volume from candles rather than any volume indicators

I havent take long position..am still looking it..just back from outside
If there was easy money lying around,no one would be forcing it into your
  • #32,691
  • Sep 17, 2012 5:39am Sep 17, 2012 5:39am
Quoting billytt
its a pleasure to hear from you. this is good room except for a few dodgy pictures lol. its just a slow day plus i need to get my motorbike fixed.
If there was easy money lying around,no one would be forcing it into your
  • #32,692
  • Sep 17, 2012 5:43am Sep 17, 2012 5:43am
Quoting 45Condor
Well, EU and FXCM Dollar have reached the fibs I've been talking about the last few weeks, with Cable failing to hit that 1.64 region. Pff, let's hope it can do so today as I go on holiday tomorrow for a few weeks, and was hoping for this slow burner to have completed before now.

Currently running 660 pips with Cable, and will leave to run for target... hoping that UC still has some way to go south, and thus that EU and FXCM Dollar INDX intend to move further apart for a while.
A just brilliant trade Condor. Enjoy your holiday.
Gone to a better place
  • #32,693
  • Sep 17, 2012 5:50am Sep 17, 2012 5:50am
Quoting smikester
A just brilliant trade Condor. Enjoy your holiday.
well done,i thought usa oil would of shifted by now and i am currently long g/u
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,694
  • Sep 17, 2012 6:03am Sep 17, 2012 6:03am
hi buddy, how are you. i hope all is fine and you getting the pips
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,695
  • Sep 17, 2012 6:12am Sep 17, 2012 6:12am
Quoting billytt
hi buddy, how are you. i hope all is fine and you getting the pips
Hi Bill, am good. Nice thread here
  • #32,696
  • Sep 17, 2012 6:17am Sep 17, 2012 6:17am
Quoting rekon67
Hi Bill, am good. Nice thread here
yes indeed, a good room and when no trading on they post pictures and chat. Lots of different people with different views and trading style
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,697
  • Sep 17, 2012 6:20am Sep 17, 2012 6:20am
i mentioned earlier g/u (was) boxed in and and now got out i managed a few pips but i do not feel great about it. e/u just hanging around but is getting boxed in that should be a good break when it goes and usa oil not doing anything great yet
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #32,698
  • Sep 17, 2012 6:37am Sep 17, 2012 6:37am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting smikester
I like 1,2,3 fxhermit style, but be careful here Chonchy. You are losing your way a little and looking for different strategies. Overhead resistance is strong just here ( http://www.forexfactory.com/showthre...70#post5997470 ) so if you trade the 1,2,3 look at the 3 being the highest high. It could be a good trade as we are in a powerful bull run. But we may retest or test a lower high, take some profits and have a run down to take some lazy stops. All I'm saying is I would be careful just here.

Jay's post above was a good...
just to add to this Chonchy, the indicator I provided is simply an easy way to see the relationship between 3 MA's and price across multiple timeframes - it's not a trading system in it's own right.

if you wanted to you could change the MA's to match thoughs that you use with the 123 or FX system - this would then allow you to see where price is in relationship to the 3ma's on your choosen TF's (you can turn some tf's off and only watch the tf's you trade) - this then allows you to see which pairs are primed for your trading method - so instead of looking at 5 charts for 14 different pairs you can see in just a single chart for each pair whats going on.

the key to trading is to find what suits you - learn it - stick to it. if you find an indi that makes it easier, then great. but chasing too many system and too many ideas waste to much of your time - - - I've read and trading dozens and dozens of system - most with some degree of success, but after 5 years i finaly realised that i need to find and trade just one and ignor all the rest. then perfect my abbility to plan my trades and trade my plans - and not anyone else's.
  • #32,699
  • Sep 17, 2012 6:44am Sep 17, 2012 6:44am
Hourly EU
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 10 KB
If there was easy money lying around,no one would be forcing it into your
  • #32,700
  • Sep 17, 2012 6:47am Sep 17, 2012 6:47am
well said, you have to develop your own trading style. I like to tell people how i mainly trade but sometimes it comes across as suicidal if your not in the same thinking mind.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
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