If skills could be acquired by watching, every dog would be a butcher. Turk
Cesarnc's market talk, gossips, rumours & fun
- #41,421
- Jan 2, 2013 12:21pm Jan 2, 2013 12:21pm
- Joined Apr 2011 | Status: Free Palestine.. | 1,567 Posts
- #41,422
- Jan 2, 2013 1:33pm Jan 2, 2013 1:33pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #41,423
- Jan 2, 2013 2:13pm Jan 2, 2013 2:13pm
- Joined Apr 2011 | Status: Free Palestine.. | 1,567 Posts
Skipped out for 67 pips (have to change my signature).
Hard to know what's next...
Playing 1 hr swings for now
If skills could be acquired by watching, every dog would be a butcher. Turk
- #41,424
- Jan 2, 2013 9:29pm Jan 2, 2013 9:29pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
If there was easy money lying around,no one would be forcing it into your
- #41,425
- Jan 3, 2013 12:01am Jan 3, 2013 12:01am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #41,426
- Jan 3, 2013 12:01am Jan 3, 2013 12:01am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #41,427
- Jan 3, 2013 12:22am Jan 3, 2013 12:22am
- Joined Sep 2012 | Status: classic Arts | 1,043 Posts
I closed all with good profit you know why?
if i keep it running it makes me always defend my bias saying it will stay long yes it will stay, this makes my mind not reading well the truth in the chart.
The same if i was losing.
**Where to buy or to sell should not be a question, sorry i agree with you.
but ultimately, whatever method one use to skin the cat, the common objective is to stay alive & generate consistent profit over time..
"black cat white cat as long as it catches mice it is a good cat"..Deng Xiaoping
http://www9.georgetown.edu/faculty/a...s/image001.gif
I think that weekly chart of yours was right on the spot cdndollar, now we are here at that trend line, if it breaks it will go places, but if we bounce is that Berny is at it again and eventualy will go down again by gravity, me think......
monthly bounced off that green ema 30 and is coming down to the other side of the triangle now, me think......only time will tell.....
oh yes I'm still short on my project, and those swaps are begining to acumulate, if we go over those red ema 100 and yellow ema 5, I will short again some more lots,...
I had added the COT notations to your Euro Monthly chart for a graphical expansion of my "Trail of the smart money" view to add a bit more clarity..
Euro Monthly-chonchy:
CFTC COT 4 years:
- #41,428
- Jan 3, 2013 12:32am Jan 3, 2013 12:32am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #41,429
- Jan 3, 2013 3:32am Jan 3, 2013 3:32am
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
"black cat white cat as long as it catches mice it is a good cat"..Deng Xiaoping
http://www9.georgetown.edu/faculty/a...s/image001.gif
If there was easy money lying around,no one would be forcing it into your
- #41,430
- Jan 3, 2013 5:19am Jan 3, 2013 5:19am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #41,431
- Jan 3, 2013 5:27am Jan 3, 2013 5:27am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
IMHO trading is all about taking as much out of the market when you're right.. so there's nothing wrong in betting with conviction as long as we bet with proper adjusted risk & MM to suit our temperament.. that being said, the market constantly play head games with the best of us & often trick us out of good positions so we must be willing give some pips back in-order to be rewarded with the occasional multi-figure paydays to cover those times when we are wrong..
but ultimately, whatever method one use to skin the cat, the common objective...
The Chonchy
- #41,432
- Jan 3, 2013 5:30am Jan 3, 2013 5:30am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
That weekly bull candle in the week beginning 9th December turned 3050 resistance to mush.
I see some good confluence for a retest of this resistance turned support.
The Chonchy
- #41,433
- Jan 3, 2013 5:31am Jan 3, 2013 5:31am
- Joined Feb 2009 | Status: Trader | 25,867 Posts
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
- #41,434
- Jan 3, 2013 5:31am Jan 3, 2013 5:31am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Nice Cat
The Chonchy
- #41,435
- Jan 3, 2013 5:32am Jan 3, 2013 5:32am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Morning,
EuroDollar Daily
Personaly I am see a big sell is coming
The Chonchy
- #41,436
- Jan 3, 2013 5:34am Jan 3, 2013 5:34am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
hi guys hope your all good. Against what i normally do i noted the monthly chart is hovering around the 20 ema mark. and normally when its breached it goes. some one pointed out yesterday about the weekily chart and the inside bars where broken. so today has been a goooood day with the e/u
yep, in my system is a 30 EMA but the point is the same, price is pulling back like I told cdn, to head back up me think and next time it hit the 30 EMA again, it may take it.........
we will see.....good luck guys.......
The Chonchy
- #41,437
- Jan 3, 2013 5:36am Jan 3, 2013 5:36am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
hi chonchy, hope you and your family are good
The Chonchy
- #41,438
- Jan 3, 2013 7:39am Jan 3, 2013 7:39am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
3090, close enough, good call Sir. Ill-b-back........
The Chonchy
- #41,439
- Jan 3, 2013 12:37pm Jan 3, 2013 12:37pm
- | Membership Revoked | Joined Aug 2011 | 7,263 Posts
good call SirFX, good call.......
Below Daily EU Chart ( Just drawing for fun only )
If there was easy money lying around,no one would be forcing it into your
- #41,440
- Edited 1:29pm Jan 3, 2013 1:17pm | Edited 1:29pm
- Joined Apr 2011 | Status: Free Palestine.. | 1,567 Posts
[quote=cdndollar;6334750]IMHO trading is all about taking as much out of the market when you're right.. so there's nothing wrong in betting with conviction as long as we bet with proper adjusted risk & MM to suit our temperament.. that being said, the market constantly play head games with the best of us & often trick us out of good positions so we must be willing give some pips back in-order to be rewarded with the occasional multi-figure paydays to cover those times when we are wrong..
but ultimately, whatever method one use to skin the cat, the common objective is to stay alive & generate consistent profit over time..
"black cat white cat as long as it catches mice it is a good cat"..Deng Xiaoping
http://www9.georgetown.edu/faculty/a...s/image001.gif
Talking about cats and traders. I can see some similarity, hahaha just kidding
but ultimately, whatever method one use to skin the cat, the common objective is to stay alive & generate consistent profit over time..
"black cat white cat as long as it catches mice it is a good cat"..Deng Xiaoping
http://www9.georgetown.edu/faculty/a...s/image001.gif
Talking about cats and traders. I can see some similarity, hahaha just kidding
Inserted Video
If skills could be acquired by watching, every dog would be a butcher. Turk