Cesarnc's market talk, gossips, rumours & fun

hi buddy, i did a short at 13440 then compounded it a bit at 13420 then 13400 and finally at 13380 just . I mentioned several hours ago i should of been long but luckily that would of failed. which means i then had better odds with the next trade ... take care

Japan, fuji mountain ...

wow this is crazy folks..........

e/u kept falling and now we got nice art work off sir chonchy

Yesterday Chart Pattern Illustration on 15m - Confirmed

i just got out of my short e/u joined at 13320 so i got a small loss and the same with oil, had a couple of gains then got out with small loss but its all part of the game. i am now waiting to re enter at 13340 /13320 no idea yet whether long or short and with oil 9700/9680 long or short

ok sir, I must admit:
you are on a higher level ...

Hey parco some sense of humour you have there. You made my day!

mr smikester, how are you

and hello fibstalker, hope your good

i went long on both e/u and oil at the figures told earlier, oil went up about 16 and i might get out if it doesnt move and e/u not doing anything yet but i will get out if it dips. be good

Hi Billy I'm good thanks for asking and I hope you are too. I'm currently short Eur/Aud and long the Swissy. Oh, and short cable of course.

Hello Billytt,
I am okay, hope the same for you.
l8r

Well done WS beggar

Hello,
an update on the daily chart for the Euro FX futures:



The iffy 1.3360 level did not hold and it is now possible for the Euro to keep moving lower into the 1.3200 area. We go back to Friday the 12th scenario.

There are two possible moves unfolding in my opinion:

Scenario 1. Price moves into the 1.3200 area and then starts its move higher into the 1.39s

Scenario 2. Price breaks the 1.3200 area and bounces in the next extension short around 1.3230 (this level may slighly change) only to continue lower into 1.2900

I will record a video later on.
Safe trading.

Thank you Sir fb,

Its just my lucky trade,to be honest its a bit hard for swing the trade lately

Cannot disagree, we are in a major turning point indeed. Hereunder my updated view on the Dollar that may help with the next swing.
Luck is good every now and then....


here is an update on the Dollar Index trading plan on the daily timeframe aligned to what we could see in the Euro.
Pls, let me have your ideas and comments.

http://www.forexfactory.com/attachme...1&d=1360859352

The Dollar Index held the 79.90 extension long on the daily yesterday and it is currently trading the related support area at 80. This long setup with stop below 79.80, has two targets above at 80.70 (1st target) and then 81.30 (2nd target).

If the Dollar Index keeps trading in extension as it does in its moves higher (the Euro correspondingly moves lower in extension shorts) the next support (after/if traded second target at 81.30) would be at 80.90, with a stop (failure level) below 80.80. Such a further long setup could bring price to targets at 81.50 (1st target area) and then 81.80 (2nd and last target area).

If the Dollar Index gets to the 81.80 area that would be within the old level and area of resistance in the 81.70s. If price gets there and then starts moving lower, a confirmation of a new short would come with price below 81.50.

The violation of the indicated levels as/if we move higher, provide indication for the bearish scenarios/setups. I will use this analysis to help understanding when the current EUR/USD short will end.

Let me know the views on your charts.
Thank you.

Hi Sr fb,

Personaly I am avoid for predict where the price going because it will makes me have a bias later,but sometimes am drawing the outlook for fun only

here the Daily for EuroDollar