Yes good demand at those levels. Also important to note that it is month end Friday, options expiries at 1.04, 1.0420, 1.0470 and talk that RBA will cut rates 25bps next week.

Cesarnc's market talk, gossips, rumours & fun

Certainly does look bullish on the daily, however I would be weary of any shakeout down to 1.0425, at that level my algo will be hitting the bid intraday, looking to offer out near the Asian session highs. My 8h model also showing decent potential ...

Cesarnc's market talk, gossips, rumours & fun

The search is still going and it feels like forever. Yea I have though of that, and a few traders I know have a small trading group going right now. The only problem is capital. We have developed really, really good strategies, however we need more ...

Cesarnc's market talk, gossips, rumours & fun

my daydream is price

Cesarnc's market talk, gossips, rumours & fun

Thanks Jay. My ideal job would be in finance(FX) and I would pretty much be willing to do anything in this field. The job market in finance right now is ridiculously competitive/deleveraging so I haven't set my hopes too high. I've been primarily ...

Cesarnc's market talk, gossips, rumours & fun

AUDUSD — I haven't been posting too much analysis and trades lately as I have been pretty consumed with my job hunting. I have some free time tonight so I can certainly post some charts. AUDUSD found solid protection of the stops below the ...

Cesarnc's market talk, gossips, rumours & fun

Congrats Carlos on the 10k posts!

Cesarnc's market talk, gossips, rumours & fun

This is an awesome version of the ICCE! I am wondering if there is anyone out there who can translate this code into an LUA file so that it can work on FXCM marketscope? This would be graciously appreciated.

ICCE. Bemac's Fib. Reverse Engineered

Very tough trading day for me, took a loss. I didn't post any analysis because frankly I have no clue what is going on right now. These markets are ridiculously choppy and they are a position traders nightmare. I should have just stayed out, but I ...

Cesarnc's market talk, gossips, rumours & fun

Hey everyone, I hope all had an enjoyable weekend, whatever you did it was probably more eventful than mine. I've been doing some analysis today(no trades) and I'm making up a plan for rest of the week, trying to get filled later today or Asian ...

Cesarnc's market talk, gossips, rumours & fun

Could you describe the strategy in regards to how it works and what exactly you are looking for?

Cesarnc's market talk, gossips, rumours & fun

What strategy are you trying to backtest Jay?

Cesarnc's market talk, gossips, rumours & fun

GBPUSD — From the daily perspective, GBPUSD is making a very sharp parabolic move and bulls look to be determined to target those major trendlines and fib level. On my 8h model momentum just shifted up in the last day, so I will probably be ...

Cesarnc's market talk, gossips, rumours & fun

Great trade Pkim! Now go enjoy those gains .

Cesarnc's market talk, gossips, rumours & fun

AUDUSD — Heavy AUDUSD resistance (mo. R1) 1.0523 should slow this thing down, at least intraday might provide a good short setup. I'm trailing limit sells for my net long position, probably hold into US close given this melt up, interest arb ...

Cesarnc's market talk, gossips, rumours & fun

trying to get the market short....dealers just blew out tons of stops

Cesarnc's market talk, gossips, rumours & fun

what a markdown on that 3bn selling.....

Cesarnc's market talk, gossips, rumours & fun

the global head of dealing at London & Capital Asset Management

Cesarnc's market talk, gossips, rumours & fun

I'd be very careful, with the 100dma lurking just below at .7963, not much R/R there IMO.

Cesarnc's market talk, gossips, rumours & fun

I just heard that sharp move down was a fund trying to unload 3 yards unwinding a hedge.

Cesarnc's market talk, gossips, rumours & fun