All those asian longs got wiped out, including mine. I'm still in my AUDUSD and USDCAD though.

Cesarnc's market talk, gossips, rumours & fun

well that was quick

Cesarnc's market talk, gossips, rumours & fun

EURUSD — Good support 1.2979-4, decent resistance near 1.3008, 1.3039, strongest supply level near 1.0353. I am manually trailing this stop on this trade, I may let the algos take me out at half into the US close if we can stay above 1.30. ...

Cesarnc's market talk, gossips, rumours & fun

Eurusd audusd usdcad s&p500 — Markets have found a bid in today's US session, and I am currently short USD against a few pairs. As the S&P500 made a U-turn down around 1450, many pairs found buyers. Yesterday I noted that if many ...

Cesarnc's market talk, gossips, rumours & fun

Sure the unemployment rate may get to 5.5%, however, my real concern will be where the civilian labor force participation rate will be. Through the definition on U-6, as the CLPR falls, so does unemployment, so essentially the unemployment rate can ...

Cesarnc's market talk, gossips, rumours & fun

1.Big players come back in first week in Sept 2. Everything bid 3. Third week back "QE3" announced/pronounced in media with SP approaching all time highs 4. One guess?.....

Cesarnc's market talk, gossips, rumours & fun

EURUSD AUDUSD WTI — I haven't been able to get any positions established yet this week as conditions have become pretty difficult to position trade. Right now just about everything is at a "make or break" point. What is very unique and ...

Cesarnc's market talk, gossips, rumours & fun

EURUSD — Still struggling to stay above 1.3053, so I haven't attempted any trades yet, tough week so far. I will post my analysis and thoughts here in a little bit.

Cesarnc's market talk, gossips, rumours & fun

I would look to go long at the 1.31 figure, and I would be looking for a target somewhere near 1.3460(400dma). My logic in deriving this is such: If the pair finds bulls at 1.3053, they will certainly be looking to take out the major ...

Cesarnc's market talk, gossips, rumours & fun

Not long as of right now, however if EURUSD gets an 8h close above 1.3053, I would look for a shift in momentum to get long. S&P500 looks ready to push ahead again, aside from any very ugly drift lower. IMO, I believe S&P500 upside potential is ...

Cesarnc's market talk, gossips, rumours & fun

EURUSD — Many pairs are showing a potential for a risk favored bounce, especially EURUSD, after falling back to the major support at 1.3053. Equities indices look like they are ready for a push to the upside, and given the strong(R2=.87) ...

Cesarnc's market talk, gossips, rumours & fun

EURUSD S&P500 — Hey guys, I hope everyone is having a great start to their trading week. Interesting action over the past 24 hours of trading, most notably being a quick markdown in crude closing right at the 200 dma on Monday afternoon ...

Cesarnc's market talk, gossips, rumours & fun

AUDUSD — In viewing my charts over the weekend, I noticed a lot of AUD vulnerability to risk off scenarios. The two pairs under examination were AUDUSD and EURAUD, but first I'll start with AUDUSD. It appears that this pair is approaching a ...

Cesarnc's market talk, gossips, rumours & fun

Let's get ready to manage risk

Cesarnc's market talk, gossips, rumours & fun

Starting to plan for the trading week — Just watching some football today and looking at some charts. Early this week it looks like I'll be stalking GBP and EUR shorts. GBP has CPI data coming in Tuesday expected 2.5% v previous 2.6% and given ...

Cesarnc's market talk, gossips, rumours & fun

You're always welcome my friend. This was a tough latter half of the week for me. I positioned myself with awesome fills on my discretionary EURUSD shorts in order to start a short directional position, however my technical levels kept breaking. My ...

Cesarnc's market talk, gossips, rumours & fun

Today's events were very bizarre indeed. How buying $40Bn of MBS every month supports employment is completely beyond me, and I have a very good grasp on economic fundamentals. I found Bernanke's press conference to be very vague in nature regarding ...

Cesarnc's market talk, gossips, rumours & fun

Eurusd/sp500 — Limit sell filled @ 1.2962, now I need to see the low at 1.2860 taken out before even thinking of adding. With regards to SP500, major wedge resistance lies near 1450, I would look for a rejection here to confirm a risk trend.

Cesarnc's market talk, gossips, rumours & fun

Those trading gold today, fasten your seatbelts

Cesarnc's market talk, gossips, rumours & fun

EURUSD — Just sitting on my hands here, unless my orders at 1.2962 are filled. Dangerous time to be trading, as this is pretty much the most important decision of the year to this point.

Cesarnc's market talk, gossips, rumours & fun