I prefer to call it an ascending triangle with higher lows forming since 22th December. Made another long entry today based on that.

EURUSD

No one cares to join me on the long side of EUR/USD ? Seems to be forming an ascending triangle since December with resistance around 1.49xx Feeling lonely out here ... And that Buffett guy got all my short positions on indexes get knocked out... ...

Cesarnc's market talk, gossips, rumours & fun

Got to think in percentages

Cesarnc's market talk, gossips, rumours & fun

TravA, Are you sure of what you're saying? As far as I know the foreign debt of Argentina was measured in Dollars, not Pesos. FMI and foreign banks loan in dollars. So the debt of Argentina should have skyrocketed.

How to be a trader for a company?

USD strength is probably due to bad EUR data. If things are bad in EURoland it shows recession is going to hit on other places besides the US. So USD isn't strong, it is just that all the others are over-valued. Just my thoughts.

Cesarnc's market talk, gossips, rumours & fun

CITI, UBS, WACHOVIA, RBS, SOCGEN and BNP will announce plan to bail out bond insurers today. Let it spike some more and you'll probably be ready to short before numbers of employment come out

Cesarnc's market talk, gossips, rumours & fun

I'll re-enter the short if we're back to flat after the unemployment rate. Was playing the pinbar from Wednesday and this spike took over the top... which it shouldn't because it does not please me!

Cesarnc's market talk, gossips, rumours & fun

Nah, I was shorting S&P500 ... but everything spiked on the news.

Cesarnc's market talk, gossips, rumours & fun

Microsoft wants to buy Yahoo! for 31 USD a share... there goes the rest of my stops. Guess the week is over for me.

Cesarnc's market talk, gossips, rumours & fun

Has someone checked if the bull statue in Wall Street has been tampered with? We could be on into something HUGE here!

Cesarnc's market talk, gossips, rumours & fun

You telling me? I got stopped because of 5 points!!! Aaargh! I'm pissed!

Cesarnc's market talk, gossips, rumours & fun

If any of you guys like Elliot Waves you should definitely look at CAD/CHF ... I'm no expert in EW but for the little theory I have we just started wave 5 yesterday after FED cut (which I shorted at 1.10 ). It is impressive how it is respecting ...

Cesarnc's market talk, gossips, rumours & fun

Inflation report came out. That is why the spread... might screw up my target on CAD/CHF

Cesarnc's market talk, gossips, rumours & fun

Well... but it was time for a rebound... drop too fast. I see S&P going for 1430 before turning down again. Long at the moment in CAD/CHF @ 1.0740 and moved my stop to 1.0780 so nothing bad can come from this one. Even with dovish statement from BoC ...

Cesarnc's market talk, gossips, rumours & fun

In a week not 4 hours. All I have right now is a short position on the Dow. I'll let it stay since I secured gains already. Just been hyper-trading again... not good enough to reduce the risk in each trade if you trade too much. But nevermind me... ...

Cesarnc's market talk, gossips, rumours & fun

Yeah... I jumped too early on the USD/JPY Pin Bar and I'm getting screwed. I can't get myself to be rational with all this volatily... if I keep doing this I'll blow another account... all my gains are already wiped Went from +20% to -12% in a ...

Cesarnc's market talk, gossips, rumours & fun

Today it is the close that matters. Will 7 hours of trading this market make the fear go away and give way to calm or to panic? Keep tuned

Cesarnc's market talk, gossips, rumours & fun

May have done something stupid here but I just shorted EUR/USD at 1.4550 BCE will have to wake up and smell the coffee... things are BAD! And the market better start realizing that and make me some pips!

Cesarnc's market talk, gossips, rumours & fun

Buy? Why would I want to buy CAD if they're lowering the rates?

CAD Interest Rate

Nikkei Futures say NO!

Cesarnc's market talk, gossips, rumours & fun