Cesarnc's market talk, gossips, rumours & fun | Page 2506 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/USD

Similar Threads

Walk the Talk from a fun loving discretionary trader 46 replies

You talk the talk I walk the talk 8 replies

Attachments: Cesarnc's market talk, gossips, rumours & fun
Exit Attachments

Cesarnc's market talk, gossips, rumours & fun

  • #50,101
  • Nov 30, 2016 5:03pm Nov 30, 2016 5:03pm
Quoting CrazyOz
{quote} EU is a dog which I trade very sparingly. A decent retrace appears to be building & may take off after the NFP bullshit on Friday. Charts as I see the possible scenario. {image} {image}
Still like the short. On the 4 HOUR, 2 good rejections of the EMA line. On the DAILY, the EMA still holding strong.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 52 KB


Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily.png Size: 48 KB
Mark
  • #50,102
  • Nov 30, 2016 5:10pm Nov 30, 2016 5:10pm
EUR/GBP..
Love the candle on the 4 HOUR that tested .8570 and failed. The EMA50 line held, and I'm liking a move down.

SMA200 on the DAILY should be the target, .8300. The point of interest will be to see whether the pair
can easily drop through the .8456 low.

Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPH4.png Size: 56 KB


Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPDaily.png Size: 56 KB
Mark
  • #50,103
  • Nov 30, 2016 7:24pm Nov 30, 2016 7:24pm
Quoting CrazyOz
{quote} EU is a dog which I trade very sparingly. A decent retrace appears to be building & may take off after the NFP bullshit on Friday. Charts as I see the possible scenario. {image} {image}
Thanks a lot for your charts Sir. very nice....
The Chonchy
  • #50,104
  • Nov 30, 2016 7:27pm Nov 30, 2016 7:27pm
Quoting pilottrader
{quote} Still like the short. On the 4 HOUR, 2 good rejections of the EMA line. On the DAILY, the EMA still holding strong. {image} {image}

...50 pips on profits sir. not bad, not bad at all....
The Chonchy
  • #50,105
  • Nov 30, 2016 7:30pm Nov 30, 2016 7:30pm
Quoting pilottrader
EUR/GBP.. Love the candle on the 4 HOUR that tested .8570 and failed. The EMA50 line held, and I'm liking a move down. SMA200 on the DAILY should be the target, .8300. The point of interest will be to see whether the pair can easily drop through the .8456 low. {image} {image}
...Very good trades Sir. , very good trades in deed, I love them
The Chonchy
  • #50,106
  • Nov 30, 2016 7:32pm Nov 30, 2016 7:32pm
Quoting chonchy
{quote} ...Very good trades Sir. , very good trades in deed, I love them
I appreciate that greatly. Short term trades make me anxious. I'm not crazy about the EUR/USD short. So much resistance at 1.0650-1.07, that it's worth it.
Mark
  • #50,107
  • Nov 30, 2016 7:50pm Nov 30, 2016 7:50pm
Are we thinking another rejection at 1.0520/1.0475 if EUR/USD goes down again? Is this down move too exhausted at this point for more? I don't know how we can get the legs for further moves down right now.

My thought is to TP a little above 1.0520 with most, keep a little more open with a b/e.
Mark
  • #50,108
  • Nov 30, 2016 8:25pm Nov 30, 2016 8:25pm
Quoting pilottrader
{quote} I appreciate that greatly. Short term trades make me anxious. I'm not crazy about the EUR/USD short. So much resistance at 1.0650-1.07, that it's worth it.
....Yeah I know what you mean about the shorts on e/u, I'm not crazy either, but I'm short already so I better wait a bit to see what happens......
The Chonchy
  • #50,109
  • Nov 30, 2016 8:35pm Nov 30, 2016 8:35pm
Quoting pilottrader
Are we thinking another rejection at 1.0520/1.0475 if EUR/USD goes down again? Is this down move too exhausted at this point for more? I don't know how we can get the legs for further moves down right now. My thought is to TP a little above 1.0520 with most, keep a little more open with a b/e.
....It all depend of what is going to happen with the feds raising rates or not, if they do it will go down some more if the
don't it will go up but a spike to 1.0470 or 80, even 1.0500 may happens so that is my gamble here, Sir.
The Chonchy
  • #50,110
  • Nov 30, 2016 8:36pm Nov 30, 2016 8:36pm
Quoting pilottrader
Are we thinking another rejection at 1.0520/1.0475 if EUR/USD goes down again? Is this down move too exhausted at this point for more? I don't know how we can get the legs for further moves down right now. My thought is to TP a little above 1.0520 with most, keep a little more open with a b/e.
your exit at 1.0520 sound great, n risk, I love it, go for it sir.
The Chonchy
  • #50,111
  • Nov 30, 2016 8:50pm Nov 30, 2016 8:50pm
Quoting chonchy
{quote} ....It all depend of what is going to happen with the feds raising rates or not, if they do it will go down some more if the don't it will go up but a spike to 1.0470 or 80, even 1.0500 may happens so that is my gamble here, Sir.
Definitely agree. Could be a quick rejection. Good place to drop a short.
Mark
  • #50,112
  • Nov 30, 2016 10:09pm Nov 30, 2016 10:09pm
Quoting pilottrader
{quote} Definitely agree. Could be a quick rejection. Good place to drop a short.
..Where?
The Chonchy
  • #50,113
  • Nov 30, 2016 10:20pm Nov 30, 2016 10:20pm
Quoting chonchy
{quote} ..Where?
Sorry, drop meaning close the short. No way I'm opening one now! haha
Mark
  • #50,114
  • Dec 1, 2016 12:15am Dec 1, 2016 12:15am
Quoting pilottrader
{quote} Sorry, drop meaning close the short. No way I'm opening one now! haha
...Got you, I see, I think this is the moment, break or drop, lets see...
The Chonchy
  • #50,115
  • Dec 1, 2016 12:38am Dec 1, 2016 12:38am
Quoting chonchy
{quote} ...Got you, I see, I think this is the moment, break or drop, lets see...
Too early to call yet but EU may have bottomed out. ??? At least a major retrace is building. Time to drop shorts & start building longs.
Next week should tell for sure.
Combat crazy markets with crazy trading
  • #50,116
  • Dec 1, 2016 7:27pm Dec 1, 2016 7:27pm
EUR/USD..
If ADP underestimates what NFP will give us like last month, then we should have another try down into the 1.0550 area or lower. If not, it's still going to be very hard for the pair to be able to stay above 1.07, it's over 23.6% retrace of the move down. The move down was so incredible, that it needs to take a breath. I don't think we're at the point yet where we're talking about a 50% retrace.
Mark
  • #50,117
  • Dec 1, 2016 10:30pm Dec 1, 2016 10:30pm
Quoting pilottrader
EUR/USD.. If ADP underestimates what NFP will give us like last month, then we should have another try down into the 1.0550 area or lower. If not, it's still going to be very hard for the pair to be able to stay above 1.07, it's over 23.6% retrace of the move down. The move down was so incredible, that it needs to take a breath. I don't think we're at the point yet where we're talking about a 50% retrace.
I'm thinking more like 75%.
This could be an ABC with C ending at around 1.0860. However I think we are in wave 3 of the retrace which should end around 1.0950. Wave 4 however may drop back as far as 1.08 before wave 5 kicks up to 1.11.
Time will tell.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 30 KB
Combat crazy markets with crazy trading
  • #50,118
  • Dec 1, 2016 11:19pm Dec 1, 2016 11:19pm
Quoting chonchy
{quote} ...Did you took advantage of that A/N trade you were planning?
Oh yes i did but i would love to see if we could have price touch the 78.6% Fibo which is around 1.0340s, ultimately i plan to add second position to my existing longs on that spot...
  • #50,119
  • Dec 2, 2016 12:11am Dec 2, 2016 12:11am
Quoting Ill-b-back
Good morning/evening Sirs' bullish target area above. Battling with the shorter term 23.6 fib right now {image} {image} {image}
Channel retest Sirs??

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 27 KB
Come with me if you want to live....
  • #50,120
  • Dec 2, 2016 11:28am Dec 2, 2016 11:28am
Quoting pilottrader
EUR/USD.. If ADP underestimates what NFP will give us like last month, then we should have another try down into the 1.0550 area or lower. If not, it's still going to be very hard for the pair to be able to stay above 1.07, it's over 23.6% retrace of the move down. The move down was so incredible, that it needs to take a breath. I don't think we're at the point yet where we're talking about a 50% retrace.
Oh well if it doesn't go back down to the low 1.0470, I'm in a loss, oh well you can't win them all, good luck to you guys....
The Chonchy
4 traders viewing now