Cesarnc's market talk, gossips, rumours & fun

........Thanks a lot Ing, I'm.........

....You do that Ing, you deserved.......enjoy your sweet dreams........

........Very good post rekon67, this remind me of the bail out here a while back, when Poulson stood there and told congress that wallstreet needed money and congress told him no, and then the negociations and the show and the drama and at the end the congress aproved and everybody happy but the tax payer, now greece will say no to the austeritys and then the IMF lower the interest rates to +1, wish is good profits if you ask me, come to think aobut it, the IMF was funded with federal reserve money and we all know where that money come from, exactly, tax payers money, so then greece takes the money and everybody is happy, but......exactly, the tax payers money, and then people ask me why I'm so biter, well because is a bunch of thiefs and bastards that endebt all countries to control them and do what ever they want with them later..........

........" Give me control of one countrie's monetary policy and I will care less who made their laws"........The Rothshilds......

........And if some one doesn't understand this, is eather to dumb or part of it........

.......Logoimpostor, are you related to LAgo?..........

.......I think this franc will find support at 0.9244 and 0.9213.....good place to turn if is going to turn.......we will play it by ear.........I will......

i thought it was a good movie. i don't know how it is translated in english though. enjoy.

momentum is strong to the south. i wouldn't think to pick the bottom for a while.

.......well it will go south untill the swiss want to, or interviene, so I will scalp south untill they decide to stop, 5M will tell the tale......thanks pk for the tip....roger that........

I can't understand very good.....

Holiday times great low liquidity stop run times was it? Or whe go dow 15.000 wouldnt buy right in to this massive ressistance would sit on the hands for a pullback if i wasnt in or take a counter.

Here a piece from Bill Lipschutz

As you know, I do very little trading on exchanges with trading pits. The vast majority of my trades are done either in the interbank market or on the Philadelphia Exchange, which uses a specialist system. However, in answer to your question, I can tell you a story about a fellow who was at Salomon in the late 1980s. He had been trading a market that had gone into a narrow range, and trading activity had dried up. During this period, a lot of stops had built up right above this trading range. One day, this trader's clerk on the floor calls and says, "Listen, the talk is that tomorrow (a day on which the liquidity was expected to be substantially below normal because of a holiday affecting the cash market) they're going to gun for the stops above the market." At that point, the stops were relatively close-about 40 or 50 ticks higher.

The next day, this trader's plan is to sell the market heavily once the stops are hit, because he believes such a rally would be artificial and that the market would be vulnerable to a subsequent sell-off. During the morning, the market trades sideways and nothing happens. Then around 1 P.M., prices start to move-down.

You did say that the stops were above the market?

That's right. Anyway, the market moves down 50 points, 100 points, and within a few minutes the market is down over 200 points. What happened was that the floor traders went for the stops below the market, which were 200 points away, instead of the stops above the market, which were only 50 points away. The reason was that everybody was ready for the rally to take out the stops on the upside. Therefore, everyone was long, and the direction of greatest price vulnerability was on the downside.

During the sharp break, my friend realizes that the market is way overextended on the downside. He screams at his clerks, "Buy 'em! Buy any amount they'll sell you. Just buy 'em!" He was bidding for hundreds of contracts between 100 and 200 points lower, and he was only filled on fifty, even though the market traded down over 200 points, with a couple thousand lots trading at those levels.

What happened to his bid?

You've obviously never traded on the floor of an exchange. In a trading pit, it's possible for the market to trade at several different prices at the same moment during periods of rapid movement. They were looking right past my friend's floor brokers, who were bidding higher. It was a fast market. (When an exchange designates "fast market" conditions, floor brokers can't be held for failing to fill orders that were within the day's traded price range.) A fast market gives the floor brokers a special license to steal, above and beyond their normal license to steal.

I'm not making any allegations, because I can't prove that any of this happens. It's just my opinion that situations like this sometimes occur in some open outcry markets.

I see a few retest opportunities for the bears Sir Chonchy.

Great one stop place here for diversions away from staring at all those wriggly line moving up & down on the screen..

Looking at this unfolding Dollar vs Euro "Hello, Kiss & Good-Bye" scenario, the next 100 pip PA zone may well determine their M/T fates.. a good size correction from here would inject additional liquidity for bulls looking for higher grounds.. but 1.2850~00 may again be the "baseline in the sand" as in September & October for M/T bulls looking for a retest of 1.32 ~1.35..


Satisfaction.. One of my all time Stone favorite..

I guess Mick will keep singing & hoarding Euro until the Dollar prints 105..



"You got to know when to hold 'em, know when to fold 'em,
Know when to walk away and know when to run.."

This classic should be every trader's "National Anthem"



Have a nice day..

btw.. don't how to embed videos..

Nice come back by the lazy old fella..

It may pop up to 1.61 in a flash & take over the lead from Euro should EURGBP correct fast from here while Euro stay bid in-front of 1.29 with side to up PA..

.......I'll be looking at 5m, 30M and one hour, when the tree of them look oversold and 5M start making 1,2,3's to the upside, the first impulsive candle is my signal to get out of the shorts on that swissy, they don't wnat a strong franc just as the others don't want a strong jen or a strong euro or a strong dollar, is a currency war, remember......my 2 cents, diferent folks diferent strokes......

........ah the great Bill Lipschutz, I read about him in the market wizards, good reading that book, now he have a new one out, I will love to read it, anybody have it in PDF?, thanks in advance.......

........You know how it is, tomorrow they look at who's short and who's is long, where ever the scale tip, that way they will go, so that is why I follow the money like I was telling pk, 5M, 15M and 30M with an eye on one and four, it helps to have 4 or 6 monitors.......


http://www.traderslaboratory.com/for...__800x600_.jpg

http://www.traderslaboratory.com/for...n-p1000063.jpg

.........Nice set up, for a few instruments or a few pairs to watch........

http://www.traderslaboratory.com/for...ion-set-up.jpg

Yes, she certainly finished strong
I agree.
She may well top out sometime this week, I'm hoping for 62++ but will take whatever she gives.

The higher she goes, the more we make on the way up and the way down

Is this yours Sir Chonchy

Fuck, I'm using an old 2006 windows setup with a borrowed monitor

Have fun this week Sir Chonchy, I know you always do

........Nah I wish I had those, I have to be happy with this........