....Weekly RSI is reaching the 30 line so weeks or months or days, she will head up once they align or sync, that is my day, all it takes is money management and patience......
The Chonchy
Cesarnc's market talk, gossips, rumours & fun
- #47,901
- Nov 26, 2015 11:44pm Nov 26, 2015 11:44pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
- #47,902
- Nov 26, 2015 11:51pm Nov 26, 2015 11:51pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
....And daily is ready for the up anytime soon, maybe a spike down and then up, or maybe not, as lagging indicators it may just keep going down so we just keep shorting, price is under the yellow ema 5, so it may go down again today or spike at least down.....but it may shoot up any moment too, so be careful....
The Chonchy
- #47,903
- Nov 27, 2015 12:43am Nov 27, 2015 12:43am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} ...According to your fibo and your trend line that goes from the lows price in 1 Aug. 2000, 0.8245 to the last two lows now in April 2015, price should bounce here and go up, but because of the sycological effort to go to parity, it may keep going, either one scenario is good for me, I short every rally like I said, but my bias is long, the only time in history that the MACD was down here, was in 1 Aug 2000 and look where it went after that, so I wait patiently to the moment that the game allow for my longs to mature.....also RSI last two...
What I do is look at PA to see what the market is doing and the technical aspect from there.
MY channel was just just representing the 2 most recent swing highs and most recent swing low (we need 3 swing points to make a channel).
my lower channel line was based on the swing low (close) not the low, because PA tells me that is what the market was retesting and responding to (tech wise).
I only watch the Euro, I rarely trade it, so I hope it comes back up for you Sir, it would be great to make green pips out of this chaos Sir.
I see your point though, maybe bounce off the lower red and retest the brown shade area
Please just be cautious relying on historical MACD/RSI activity to predict the future Sir. Europe is in Dire straits and now entered into QE while US is talking of raising rates. This represents a big divergence in policy between the 2 central banks. Monthly candles also showing strong rejection in the green shaded area.
Price can remain in oversold conditions for a very long time if Fundies dictate it Sir.
I hope this helps my friend
Come with me if you want to live....
- #47,904
- Nov 27, 2015 3:51am Nov 27, 2015 3:51am
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
Come with me if you want to live....
- #47,905
- Nov 27, 2015 4:13pm Nov 27, 2015 4:13pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Got some GU shorts going {image}
enjoy....
The Chonchy
- #47,906
- Nov 27, 2015 4:40pm Nov 27, 2015 4:40pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Hi Sir, yes your lower TL makes sense. What I do is look at PA to see what the market is doing and the technical aspect from there. MY channel was just just representing the 2 most recent swing highs and most recent swing low (we need 3 swing points to make a channel). my lower channel line was based on the swing low (close) not the low, because PA tells me that is what the market was retesting and responding to (tech wise). I only watch the Euro, I rarely trade it, so I hope it comes back up for you Sir, it would be great to make green...
The Chonchy
- #47,907
- Nov 27, 2015 5:25pm Nov 27, 2015 5:25pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote}...Good for you Sir. Happy Holydays....
Have a great weekend Chonchy and please say hi to your wife and kids for me
Come with me if you want to live....
- #47,908
- Nov 28, 2015 7:38am Nov 28, 2015 7:38am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Going on a treasure hunt down the beach with the kids and some other families so should be fun Sir
the others, well the others when I see them, I saw them on turkey night.....
The Chonchy
- #47,909
- Nov 30, 2015 2:27am Nov 30, 2015 2:27am
{quote} Going on a treasure hunt down the beach with the kids and some other families so should be fun Sir
How has it been with you? I believe all is fine and good. Must have lots of fun at the beach side. I watched an old movie during the weekend titled "Brazil" hehe. The beach is always fun. Many regards... Its a new week.
Bonjour Sir Chonchy,
Hows the wife, the family and the accounts
Hope all doing well. Have a great week sir
Numbers NEVER Lie
- #47,911
- Nov 30, 2015 3:32am Nov 30, 2015 3:32am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
GBP/USD still bearish {image}
....Hope you had a nice weekend Sir. Zizo. everybody here is ok, hope is the same over there with yours......
Yes I think all still bearish, but in needs to turn and catch some air some time ......I will be waiting.....
The Chonchy
- #47,912
- Dec 1, 2015 4:45pm Dec 1, 2015 4:45pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} Good Morning Sir Ill-Be-BAck, How has it been with you? I believe all is fine and good. Must have lots of fun at the beach side. I watched an old movie during the weekend titled "Brazil" hehe. The beach is always fun. Many regards... Its a new week. Bonjour Sir Chonchy, Hows the wife, the family and the accounts
I am going back to uni next year for a short course and going on holidays soon, so I bid you farewell.
Have a great time in FF Sir Zizo, it has been an honour to trade with you Sir
I will wait higher up before thinking of sorting the Pound again.
Come with me if you want to live....
- #47,913
- Dec 1, 2015 4:57pm Dec 1, 2015 4:57pm
- Joined May 2011 | Status: Get to the Chopper | 17,905 Posts
{quote} ....Hope you had a nice weekend Sir. Zizo. everybody here is ok, hope is the same over there with yours...... Yes I think all still bearish, but in needs to turn and catch some air some time ......I will be waiting.....
My final post here Chonchy, I have a hectic schedule ahead and need to focus.
It's been great to chat and laugh with you Sir and thank you for sharing so much
Wonderful to meet people such as yourself and Zizo, very encouraging Sir.
Have a great time with the family this Christmas and enjoy the good times Sir.
Take care, and watch Yellen tomorrow, I'm not sure she will deliver Sir and Pound could move up.
That crook Carney tells us that interest rates hikes likely to be quite a while away, so something tells me the Pound could fly high for the time being.
He has a wonderful knack for promoting interest rate hikes Just before the Pound takes a nose dive off resistance
then taking interest rate hikes off the table just before it goes up off support He loves his banker buddies sir, feeding us plankton to his fat Pod of Whales
Come with me if you want to live....
- #47,914
- Edited Dec 3, 2015 6:28am Dec 2, 2015 8:00pm | Edited Dec 3, 2015 6:28am
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Good day Chonchy, I hope you are green Sir
....I will like to take the time to wish a very nice holidays to all here in FF....have a great one.....
The Chonchy
- #47,915
- Dec 3, 2015 10:10am Dec 3, 2015 10:10am
{quote} Hi Zizo, I'll have to catch that movie, sounds a bit "cheeky"
Wow always a good idea to go back to school for upgrades. I wish you all the best sir, you will be missed
I pray all goes well with you. I've learned so much from you... Its been an honor. I'm building longs for next year Numbers NEVER Lie
- #47,916
- Dec 3, 2015 10:13am Dec 3, 2015 10:13am
{quote} ....Hope you had a nice weekend Sir. Zizo. everybody here is ok, hope is the same over there with yours...... Yes I think all still bearish, but in needs to turn and catch some air some time ......I will be waiting.....
I've been a little busy with so much on my hands. Glad to know you're doing very well. I see your EUR/USD longs are building and i think its a great spot to buy. You still need NFP to pay you. I think you should keep those longs. Good luck sir.
Numbers NEVER Lie
- #47,917
- Dec 3, 2015 2:42pm Dec 3, 2015 2:42pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Good day Sir Chonchy, I've been a little busy with so much on my hands. Glad to know you're doing very well. I see your EUR/USD longs are building and i think its a great spot to buy. You still need NFP to pay you. I think you should keep those longs. Good luck sir.
The Chonchy
- #47,918
- Dec 3, 2015 2:44pm Dec 3, 2015 2:44pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
....A better look...
The Chonchy
- #47,919
- Dec 3, 2015 2:58pm Dec 3, 2015 2:58pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Good day Chonchy, I hope you are green Sir
The Chonchy
- #47,920
- Dec 3, 2015 2:59pm Dec 3, 2015 2:59pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
{quote} Good day Sir Chonchy, I've been a little busy with so much on my hands. Glad to know you're doing very well. I see your EUR/USD longs are building and i think its a great spot to buy. You still need NFP to pay you. I think you should keep those longs. Good luck sir.
The Chonchy