You good, mate? Enjoy the ride. /r

Cesarnc's market talk, gossips, rumours & fun

Yes, I hear you. But 200 pt move during low volumn day seems little overshoot, imo. Not imposaible. Seen it happen couple of times if i remember correctly. Anyways, gl with that trade. /r

EURUSD only

you'd be the judge mate. gl.

EURUSD only

wavers might love this. if and when bounce, minimum target at 1.2 area.

Cesarnc's market talk, gossips, rumours & fun

It happened on many occasions in the past. Judging by the weekly candle at present, it's highly unlikely. Even if it did, it will most likely to provide another shorting opportunity. Although 4 hr and daily still shows a potential meaningful bounce, ...

EURUSD only

On the other hand, judging by the size of the candle last week and lack of participants in NY session, not expecting a bounce this week.

Escape Artists

4hr buy setup failed on Friday. However, divergence still brewing in the background. If the bounce should happen, ADP on Wed, or Non_Farm Fri.

Escape Artists

Daily, at the exhaustion point. Expecting some type of bounce soon, before the weekly downward move takes over again.

Escape Artists

Weekly dm zone: 1600-1550. Doesn't look like much demand, considering strong downward momentum on weekly. Presume continue downward move.

Escape Artists

Monthly, broken neckline touch and bounce. Presume continue downward move.

Escape Artists

Thanks for dropping by. All good here, mate. Hope you are well. /r

Cesarnc's market talk, gossips, rumours & fun

Sorry...

EURUSD only

All good, mate. Last euro trade to the upside was a bit frustrating, but I'm glad it's over and done now. I can finally relax over the weekend. cheers. /r

EURUSD only

Long time no chat, mate. How have you been?

EURUSD only

As for the members criticizing longs: Each has their own reasons to take positions. Sometimes we are the wrong side and ends up with losing trades. Nobody wins all the time in this business, hence we place stops. There are other opportunities. A ...

EURUSD only

looks like bulls are screwed. next area to look for an opportunity should be around 1.1600 - 1.1550. /r

EURUSD only

30 min to close 4hr bar, and that should shift the momentum to the upside and drag the daily momentum with it, assuming it stays this way.

EURUSD only

When spotting momentum, it might be a good idea to look at higher tf and see what they are up to. ex. 1hr tf, what does it tell you? are we at the beginning stage of the descend or are we at the exhaustion point? Just my 2c. /r

EURUSD only

I don't know if I'm reading this right or it matters to you guys, but something looks very fishy on this down move, imo.

EURUSD only

S/R is a zone, and not the exact number. Please google it.

EURUSD only