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Cesarnc's market talk, gossips, rumours & fun
- #47,361
- Aug 29, 2015 4:31pm Aug 29, 2015 4:31pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
- #47,362
- Aug 29, 2015 4:32pm Aug 29, 2015 4:32pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...This is a monthly chart and a new candle on Monday can hit the lower trend line of the Equidistant Channel and bounce up, we have retrace more than 50% of the monthly fall, I think is time to go up again, or not, we will have to wait until Monday and see what is what, but if I have to bet, we are going to hit the lower trend line, and then, well then....we will see....
The Chonchy
- #47,363
- Aug 29, 2015 4:33pm Aug 29, 2015 4:33pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} ...So you think it will break south, not north?, you don't think it will stay in that channel and bounce up again? {image} {image} {image}
Hope you're weekend is going great.
Busy here with the kids not wanting breakfast or wanting to go to bed and just wanting to go to the zoo when mum and dad are dead tired.
Can't win Sir
Come with me if you want to live....
- #47,364
- Aug 29, 2015 4:35pm Aug 29, 2015 4:35pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
...This is a monthly chart and a new candle on Monday can hit the lower trend line of the Equidistant Channel and bounce up, we have retrace more than 50% of the monthly fall, I think is time to go up again, or not, we will have to wait until Monday and see what is what, but if I have to bet, we are going to hit the lower trend line, and then, well then....we will see.... {image}
we wait and wonder eh
Come with me if you want to live....
- #47,365
- Aug 29, 2015 4:37pm Aug 29, 2015 4:37pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
I'm off to start the day.
All the best Sir Chonchero
All the best Sir Chonchero
Come with me if you want to live....
- #47,366
- Aug 29, 2015 4:47pm Aug 29, 2015 4:47pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...I mean the weekly candle is going down, the Yellow EMA 5 is got it trap there, but make no mistake is going down, it can bounce up from here, like Crazy Oz said but in the middle of the channel, turn back and go up, 
I don't think so, with the lower trend line so close there....
...we just going to have to wait and see on Monday.....
I don't think so, with the lower trend line so close there.......we just going to have to wait and see on Monday..... The Chonchy
- #47,367
- Aug 29, 2015 4:50pm Aug 29, 2015 4:50pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Sorry Sir, meant to quote you.
The Chonchy
- #47,368
- Aug 29, 2015 4:51pm Aug 29, 2015 4:51pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
I'm off to start the day. All the best Sir Chonchero
The Chonchy
- #47,369
- Aug 29, 2015 4:59pm Aug 29, 2015 4:59pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
....And Daily is being stop by a wall there, by the two emas, red 100 and green 30, so it may bounce up here like CrazyOz said....but I like the hit of the blue line, lower trend line of the channel....
The Chonchy
- #47,370
- Aug 30, 2015 7:52pm Aug 30, 2015 7:52pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...And my good old friend CrazyOz, done it again, it went up at the open, like 80+ pips at the open, wow, good call CrazyOz, very good call....from 1.1160 to 1.1226, good call Sir.
...I took a chance at this red ema 100 down, let see how it goes....
...I took a chance at this red ema 100 down, let see how it goes....
The Chonchy
- #47,371
- Aug 30, 2015 8:23pm Aug 30, 2015 8:23pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...And my good old friend CrazyOz, done it again, it went up at the open, like 80+ pips at the open, wow, good call CrazyOz, very good call....from 1.1160 to 1.1226, good call Sir. ...I took a chance at this red ema 100 down, let see how it goes.... {image}
The Chonchy
- #47,372
- Aug 30, 2015 8:33pm Aug 30, 2015 8:33pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} ...Lock at +1 can't heart...let see where it goes from here... {image}
The Chonchy
- #47,373
- Aug 30, 2015 8:40pm Aug 30, 2015 8:40pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
..It looks like she wants to go to this red ema 100 on the 30M chart and bounce down, or maybe not, but I bet a few on it, just a few pips on it..
The Chonchy
- #47,375
- Aug 30, 2015 9:28pm Aug 30, 2015 9:28pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #47,376
- Aug 31, 2015 5:35am Aug 31, 2015 5:35am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
We got a bearish weekly candle close below the previously supportive 38.2 fib. I think that's significant to go to the next fib Sir {image}
Come with me if you want to live....
- #47,377
- Aug 31, 2015 6:26am Aug 31, 2015 6:26am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #47,378
- Aug 31, 2015 6:55am Aug 31, 2015 6:55am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Scratch that, I'm long to head north for the retest off the retest
The Chonchy
- #47,380
- Aug 31, 2015 7:02am Aug 31, 2015 7:02am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Maybe target 1.58 area off daily 200sma {image} {image}
This weekly candle have only one path and is down me think, but then again is only me....carry on and place a +1 ASAP, the two emas will hold the move up if any....
4H is turning back down like if she left something behind .....MACD and RSI are in your favor on this 4H.....so lets see how she rolls...
Daily is got all those obstacles again, ema red 100 yellow ema 5 in the middle of the move up....but then again any good news can change all that, give it time and it all be fine, like I said, funnymentals have a way of changing things......
The Chonchy