The Chonchy
Cesarnc's market talk, gossips, rumours & fun
- #47,881
- Nov 19, 2015 2:43pm Nov 19, 2015 2:43pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
- #47,882
- Nov 20, 2015 4:43pm Nov 20, 2015 4:43pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #47,883
- Nov 21, 2015 3:14pm Nov 21, 2015 3:14pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Aussie up a bit more to red 4hr TL retest, then down I think {image} {image} {image}
.....The way I see aussie, monthly is trap with the yellow ema 5, weekly is turning for the up, and daily is already u and hitting the red ema 100, so it may bounce down
.....Now 4H, one Hour and 30M are retracing maybe to gain force to surpass the red ema 100 on the daily and consequently pass the weekly and monthly to the up side, it all depend on what Miss Yellen want to do with the dollar, devalue it or let it go up and lose exports....
The Chonchy
- #47,884
- Nov 21, 2015 11:03pm Nov 21, 2015 11:03pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} Hello Sir I'll-b-back, hope the kids and all, are all rite, and you having an awesome weekend, resting and getting ready for another week of trading...... .....The way I see aussie, monthly is trap with the yellow ema 5, weekly is turning for the up, and daily is already u and hitting the red ema 100, so it may bounce down {image} {image} {image} .....Now 4H, one Hour and 30M are retracing maybe to gain force to surpass the red ema 100 on the daily and consequently pass the weekly and monthly to the up side, it all depend on what Miss Yellen...
Thanks Chonchy, the kids are great I hope you and your family are having a great weekend.
The DOW still retesting the triangle/wedge
breakout and inside its' neat long term channel Cable still getting rejected
Come with me if you want to live....
- #47,885
- Nov 22, 2015 5:25am Nov 22, 2015 5:25am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Could do Sir, wish you all the very best with those trades
The Chonchy
- #47,886
- Nov 22, 2015 1:48pm Nov 22, 2015 1:48pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
....This people should be ashamed of them self's.....
http://www.reuters.com/article/2015/...KWTRSDL1uUg.97
The balance sheet swelled to only 4 trillion, lol and do you know how much is 4 trillion times 0.05% at the discount window? that is how much this banksters do with the money they lend to this corrupt politicians that have the authority to print their own money at the state level, but corrupted by this banksters, they allow the feds to print and print and print all the money they want to resolve their military problems and their other problems, while we the people pick up the bill, and they won't raise interest rates, they don't need to, by keeping inflation and high prices, they are taxing us and paying for this loans, so even though is only 0.05%, make your numbers guys, is only swelled to 4 trillion dollars in loans to the corrupt government........wait to we get to hyper inflation......
http://www.reuters.com/article/2015/...KWTRSDL1uUg.97
The balance sheet swelled to only 4 trillion, lol and do you know how much is 4 trillion times 0.05% at the discount window? that is how much this banksters do with the money they lend to this corrupt politicians that have the authority to print their own money at the state level, but corrupted by this banksters, they allow the feds to print and print and print all the money they want to resolve their military problems and their other problems, while we the people pick up the bill, and they won't raise interest rates, they don't need to, by keeping inflation and high prices, they are taxing us and paying for this loans, so even though is only 0.05%, make your numbers guys, is only swelled to 4 trillion dollars in loans to the corrupt government........wait to we get to hyper inflation......
The Chonchy
- #47,887
- Nov 22, 2015 1:57pm Nov 22, 2015 1:57pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...If some one in this FF community could tell me why the people of United States of A allow and international banking cartel to print money out of thing air and lend it to the government so the government do so many atrocities, and on top of all complaint that 0.05% of 4 trillion dollars is not enough to make a leaving for them self, I will give that person a price, a cookie or some like that......
The Chonchy
- #47,888
- Nov 22, 2015 6:24pm Nov 22, 2015 6:24pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} ....It looks like the pound wants to stay out of the channel ah....I need it to get back into the channel, and you need it to stay out, lol, will both gain from this?, lol
Draghi will be in the box seat soon Sir and he wants to save Europe.
Only way he can stop the spiralling/domino effect debt, is to inject cash and keep them all afloat until policies for "change" can have an effect.
We all know "change" does not happen overnight and will take years and years etc.
In the meantime, Draghi will be the next Santa Claus, the Saviour of Europe.
I believe he will print and print, what else can he do??
The US had to do it, and that is just one country.
Europe is many countries with their own interests (but apparently working towards a common goal.......
)It won't be easy, in fact Draghi has a much harder job than Ben/Yellen ever will.
So he will talk the universal language Sir to bring everyone on board......
As such, with Draghi just getting started with the printing presses and the Feds winding theirs down
I see the following tech analysis on the monthly. 38.2 fib acting as resistance right now.
If the main ascending TL and parity support goes, look out below Sir for a nice AB=CD in the 3rd chart
Also, see a local breakout in the 4th chart Sir, that pattern could also be retested before more down
Come with me if you want to live....
- #47,889
- Nov 22, 2015 9:35pm Nov 22, 2015 9:35pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Hi Sir, Got your PM, sorry could not open some things. Draghi will be in the box seat soon Sir and he wants to save Europe. Only way he can stop the spiralling/domino effect debt, is to inject cash and keep them all afloat until policies for "change" can have an effect. We all know "change" does not happen overnight and will take years and years etc. In the meantime, Draghi will be the next Santa Claus, the Saviour of Europe. I believe he will print and print, what else can he do?? The US had to do it, and that is just one country. Europe...
The Chonchy
- #47,890
- Nov 22, 2015 10:32pm Nov 22, 2015 10:32pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} ....Thank you Sir, great analysis.....
It's nice and sunny here
Come with me if you want to live....
- #47,891
- Nov 23, 2015 6:27am Nov 23, 2015 6:27am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Family going on holidays soon Chonchy, up the coast for 7 days. It's nice and sunny here
The Chonchy
- #47,892
- Nov 23, 2015 8:04am Nov 23, 2015 8:04am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
monthly is down, looking for the magenta line, 1.0474, weekly is up looking for the yellow ema 5 to equalize or balance then keep going, but it could turn, daily is down but oversold and RSI down there at the 30 line, it could keep oversold but.....
The Chonchy
- #47,893
- Nov 24, 2015 2:28pm Nov 24, 2015 2:28pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...A Russian plane shoot down in Syria in the morning on the border with Turkish,
The Chonchy
- #47,894
- Nov 24, 2015 3:03pm Nov 24, 2015 3:03pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
The Chonchy
- #47,895
- Nov 25, 2015 7:44pm Nov 25, 2015 7:44pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
....1.05657 close enough to the magenta line but it may keep trying after this retrace, or move up....this daily is down until the price goes over the yellow EMA 5
but this 4H is not so happy with the shorts anymore, but is positioning to go down again, or not ready to go up anyways.....still making lower lows, So....
but this 4H is not so happy with the shorts anymore, but is positioning to go down again, or not ready to go up anyways.....still making lower lows, So....
The Chonchy
- #47,896
- Nov 25, 2015 7:57pm Nov 25, 2015 7:57pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
...One hour was doing fine with the long run but green ema 30 is holding him there, will still go up some more, maybe, some...
30 M is under the yellow ema 5 so maybe another trip down....
15 is flat but under the red ema 100, if it goes over, it may go places.....
and 5 is over the red ema 100 so it may go north a bit more....there is no power now, so it may take a while to sort this out, there is no sync to go anywhere now.....good for a few pips.....up and down....I can only go short, so I will wait for a signal to go short.....
30 M is under the yellow ema 5 so maybe another trip down....
15 is flat but under the red ema 100, if it goes over, it may go places.....
and 5 is over the red ema 100 so it may go north a bit more....there is no power now, so it may take a while to sort this out, there is no sync to go anywhere now.....good for a few pips.....up and down....I can only go short, so I will wait for a signal to go short.....
The Chonchy
- #47,897
- Nov 26, 2015 10:56pm Nov 26, 2015 10:56pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
I hope it comes back up for you Sir.
Maybe a retest of 1.12 resistance area and the breakout.
Draghi would have to back peddle a bit though I think Sir.
Let's see..
A clear closed monthly break of lower Green TL may occur this month though
Maybe a retest of 1.12 resistance area and the breakout.
Draghi would have to back peddle a bit though I think Sir.
Let's see..
A clear closed monthly break of lower Green TL may occur this month though
Come with me if you want to live....
- #47,898
- Nov 26, 2015 11:03pm Nov 26, 2015 11:03pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #47,899
- Nov 26, 2015 11:20pm Nov 26, 2015 11:20pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
I hope it comes back up for you Sir. Maybe a retest of 1.12 resistance area and the breakout. Draghi would have to back peddle a bit though I think Sir. Let's see..
The Chonchy
- #47,900
- Nov 26, 2015 11:36pm Nov 26, 2015 11:36pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Compared to the previous 2 major monthly TF corrections, the angle of the most recent August 2012 - May 2014, correction is more laboured. I think the first accelerated tumble after QE announcement was only the beginning. Ideas that ECB may soon start thinking about raising interest rates in the foreseable future so soon into its' own QE program are the stuff of fairytales Sir. {image}
Good chart Sir. by the way, yours....
The Chonchy