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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

  • #46,381
  • May 20, 2015 12:43am May 20, 2015 12:43am
...Well I'm alive after placing my +1 stop, let see how she rolls....

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The Chonchy
  • #46,382
  • May 20, 2015 12:58am May 20, 2015 12:58am
...I got stopped out, but rinse and repeat, it looks like she wants to go lower....
The Chonchy
  • #46,383
  • May 20, 2015 1:03am May 20, 2015 1:03am
Well I guess no change in German PPI caused a drop, I have to learn more on fundamental news....
The Chonchy
  • #46,384
  • May 20, 2015 1:05am May 20, 2015 1:05am
Quoting chonchy
...I got stopped out, but rinse and repeat, it looks like she wants to go lower....
How u take the profits? it believe that its better put ur SP at +1 pips because its "more or less" 100% profitable trades, maybe just 1 pip, but one pip its one pip lol.

But for example i take this trade but i dont know where to take the profits lol.

**EDIT: lol i forget upload the SS, here is the chart. Thank you!
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  • #46,385
  • May 20, 2015 1:12am May 20, 2015 1:12am
Quoting Contrax
{quote} How u take the profits? it believe that its better put ur SP at +1 pips because its "more or less" 100% profitable trades, maybe just 1 pip, but one pip its one pip lol. But for example i take this trade but i dont know where to take the profits lol.
I got stopped out a +1 Contrax, always, now I'm looking to go long again....
The Chonchy
  • #46,386
  • May 20, 2015 1:14am May 20, 2015 1:14am
Quoting Contrax
{quote} How u take the profits? it believe that its better put ur SP at +1 pips because its "more or less" 100% profitable trades, maybe just 1 pip, but one pip its one pip lol. But for example i take this trade but i dont know where to take the profits lol. **EDIT: lol i forget upload the SS, here is the chart. Thank you! {image}
that is perfect, lock at +1, let it go, if it goes lower, move your stop lower too, and look at the RSI, MACD to know where the move is over or about to end....but good trade, excellent....
The Chonchy
  • #46,387
  • May 20, 2015 1:17am May 20, 2015 1:17am
Quoting Contrax
{quote} How u take the profits? it believe that its better put ur SP at +1 pips because its "more or less" 100% profitable trades, maybe just 1 pip, but one pip its one pip lol. But for example i take this trade but i dont know where to take the profits lol. **EDIT: lol i forget upload the SS, here is the chart. Thank you! {image}
...Stay there Contrax, you are ok, it looks like she want to go lower, I don't think is going to parity yet .....but just stay there at +1....
The Chonchy
  • #46,388
  • May 20, 2015 1:19am May 20, 2015 1:19am
Quoting Contrax
{quote} How u take the profits? it believe that its better put ur SP at +1 pips because its "more or less" 100% profitable trades, maybe just 1 pip, but one pip its one pip lol. But for example i take this trade but i dont know where to take the profits lol. **EDIT: lol i forget upload the SS, here is the chart. Thank you! {image}
...Contrax to take profits look at the tool that TEB63 show with the fibo tool in his thread, that is the best way to take profits....
The Chonchy
  • #46,389
  • May 20, 2015 1:21am May 20, 2015 1:21am
Quoting chonchy
{quote} ...Stay there Contrax, you are ok, it looks like she want to go lower, I don't think is going to parity yet .....but just stay there at +1....
Yes im watching all TF and its going lower and i see all the eur pairs and the same thing. lets see whats next lol
  • #46,390
  • May 20, 2015 1:25am May 20, 2015 1:25am
Quoting Contrax
{quote} Yes im watching all TF and its going lower and i see all the eur pairs and the same thing. lets see whats next lol
it looks like some one is anticipating what the FED is going to say at the speech
The Chonchy
  • #46,391
  • May 20, 2015 1:27am May 20, 2015 1:27am
Maybe the FED is going to be hawkish on the dollar and that is why is dropping, but it could be a German fake break out and then go up, just keep your stop at +1 and raise it if you go 50 pips in your favor to 25+...
The Chonchy
  • #46,392
  • May 20, 2015 1:29am May 20, 2015 1:29am
Quoting chonchy
Maybe the FED is going to be hawkish on the dollar and that is why is dropping, but it could be a German fake break out and then go up, just keep your stop at +1 and raise it if you go 50 pips in your favor to 25+...

Yes, maybe the big boys are lowing the price for they can buy in a better place. lol
  • #46,393
  • May 20, 2015 1:59am May 20, 2015 1:59am
Quoting Contrax
{quote} Yes, maybe the big boys are lowing the price for they can buy in a better place. lol
Two minutes to London open and Evan's speech, lock it down Contrax, lock it down in profits....
The Chonchy
  • #46,394
  • May 20, 2015 2:11am May 20, 2015 2:11am
Quoting chonchy
Maybe the FED is going to be hawkish on the dollar and that is why is dropping, but it could be a German fake break out and then go up, just keep your stop at +1 and raise it if you go 50 pips in your favor to 25+...
The Chonchy
  • #46,395
  • May 20, 2015 2:34am May 20, 2015 2:34am
Quoting chonchy
{quote} Two minutes to London open and Evan's speech, lock it down Contrax, lock it down in profits....

Yes still in the fighting! We are atacking their castle!
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  • #46,396
  • May 20, 2015 2:46am May 20, 2015 2:46am
Quoting chonchy
{quote} ....what are the other EMA's Sir. Ill-b-back? in your set up, thanks in advance....
55ema, 200ema, 200sma Sir Chonchy Sir
Come with me if you want to live....
  • #46,397
  • May 20, 2015 2:01pm May 20, 2015 2:01pm
Quoting Contrax
{quote} Yes still in the fighting! We are atacking their castle! {image}
...Nice trading Contrax, nice trading.....
The Chonchy
  • #46,398
  • May 20, 2015 2:02pm May 20, 2015 2:02pm
Quoting Ill-b-back
{quote} 55ema, 200ema, 200sma Sir Chonchy Sir
...Thank you sir.
The Chonchy
  • #46,399
  • Edited 2:40pm May 20, 2015 2:28pm | Edited 2:40pm
....I'm trying to figure this e/u out but I don't get it, there is no sync, 4H is way too mucho down and daily is looking for a turn up, but with some room more south.....

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The Chonchy
  • #46,400
  • May 20, 2015 2:30pm May 20, 2015 2:30pm
.....weekly is doing a rail road track, with all indis pointing up, like if it realy came down for a better price like Contrax saids....

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The Chonchy
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