Cesarnc's market talk, gossips, rumours & fun
{quote} ...I got cut on the wrong side of the trade, it happens, and I can't hedge here at the top, it may drop and cut me double....sorry, the technical are drop to the floor by china, I don't know why they are buying so many euros in a case like this, they should be buying dollars, but I guess, Yellen called the bosses and scream that the strong dollar is hurting exports and they throw her a hand......
{quote}Hi Chonchy, it's a runaway market ... we had a price bottom exhaustion following NFP, this bullish momentum will continue until we see an exhaustion at the top. Meanwhile I'll be looking for a retracement to enter for a long scalp ...
{quote} should come around 1.1134.... maybe 1.1096.. To me it looks like we may rally to 1.138ish level on this one before topping....... like shorting XXX JPY but EUR JPY strong...
{quote} I need to break even at least, a few more.....thanks GlobalMacro for the info, I was just scalping and got cut, but never though it was going to run so much so fast, lol, thanks God I trade with such small lots.....I break even at 1.1135......
{quote} Yes 1.1130 is definitely a good place to square your positions my friend ... there's no telling how much this thing can keep on rising ... better to be on the safe side ... looks like it's coming in a bit already ... keeping fingers crossed for ya.
{quote} .....Thanks GlobalMacro, I need it, lol, what a mess....
{quote} 200-pips rise w/o a retrace, it's quite possible for it to pop without retracing down to 1.113x if asian session continues running further stops ...
{quote} ...I will see if it goes to the break even, but if is close enough I will take a small loss, sleepy here, being here since 2:00 in the morning, 5:27 here now.....
{quote} Stocks rallied reversing almost 300 points from their lows, that's putting pressure on the eur , propping the green back after the close ... put your buy limits in and take a break .... looking good for you so far
