Cesarnc's market talk, gossips, rumours & fun

Quoting CrazyOz

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Time for a retracement {image}

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Quoting Ill-b-back

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out of EG trades now waiting for EU to jump up some more before looking for PA reasons to short from 1.1295 area {image} {image}

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Quoting chonchy

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{quote} ......Good on e/g, good profits......Sir. Ill-b-back as you can see, we are short, me and CrazyOz, I see your reasoning for going to 1.1295, but besides the trend lines, do you have any reason to believe is going over there to 1.1295, or for that Mather 1.1300, round number? because that will fry me Sir. ...And believe me I do see the reasoning....monthly is up with a lot of room to go up, MACD and RSI are ready for this move, I mean RSI is down there on the 30 line and MACD can just turn and run up, so is up.... {image} ....Weekly is up...

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Quoting chonchy

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{quote} ...Hope so, soon, lol....

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Quoting Ill-b-back

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{quote} Just TL's and the 23 fib sir. Nothing personal Chonchy If EG gets up to the 161.8 extension and retests some TL's up there Sir, I will look for PA reasons to short also {image} {image} {image}

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Quoting CrazyOz

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{quote} "Mornin'. (Evening) Chonchy. The retrace expected today did not happen. Targets showing now are 1.1340 & 1.1100. Question is. In which order.? The quest to go up appears very strong but retraces from such moves are usually 50% to 70% {image} {image}

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Quoting Ill-b-back

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out of EG trades now waiting for EU to jump up some more before looking for PA reasons to short from 1.1295 area {image} {image}

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Quoting CrazyOz

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{quote} Great call Ill-b-back I have targets there but did not think they would be hit before a pull-back. The pull-back should be 505 to 70% by my charts. Just gotta be patient to play it when it happens

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Quoting chonchy

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{quote} ...Roger that Sir. I'm concentrated on the E/U, in the hole...

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Quoting Ill-b-back

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{quote} Thanks CrazyOz, I'm watching closely. This is make or break. A clear weekly/monthly closed break of the northern borders is a victory for the bulls off the lower TL's. Looking for signs of rejection today/next week to short {image} {image}

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Quoting Ill-b-back

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with any luck, EG pumps up to 7270 then gets rejected of the TL/Channel retest junction A dumping of the pound would help with this {image} {image} {image}

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Quoting CrazyOz

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{quote} I think the EG & EU retraces have already started may take until Tuesday next week to complete. Then It's all go for LONGS Gold did the same & now has a jump start on the retrace. Unusual for Gold which normally waits for the "Gold fix" at 1.30 PM London time.

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