On the other hand... For me this looks like a bearish flag. I have set my chin break out alert on the borders of this flag and I will trade any convincing price action break out below. If it's a bearish flag then 2 - 300 pip further fall? Chart: ...

EUR/GBP - What a great pair to trade!

I think you are right. I have market orders all the way down. Would you post a chart with your thoughts?

NZDUSD Discussion

FRIDAY??? Are you sure??? image

Cesarnc's market talk, gossips, rumours & fun

Hmmm. How does this sound? Price gets to a low where SNB wish to support the Euro. They buy Euros in quantity and EUR/CHF picks up all our buy stops on the way up, gaining momentum all the way. Do you think it happens like that? As a postscript I ...

EUR/CHF

Timek I have checked again and you are quite right. PC posted clarifying this to bluefish. Unfortunately FF is not allowing me to add a note to my posts or edit them in any way presumably because they are too old. Hope I haven't done too much ...

The DIBS Method... No Free Lunch continues

Generous — That is generous of ghous. Does that apply to me too ghous?

Some help with James16 thread

It was OK I think. Small lots. If you're interested I'll look up how I did it. But basically buy stops with stop losses in place and alarms on MT4.

EUR/CHF

She's getting boring. It seems like a race for who can be weakest against the dollar.

EUR/GBP - What a great pair to trade!

Very healthy breakfast cereal... And here are some real market forces at work. Don't ask me why but it seems the USA has to carry these: image

Cesarnc's market talk, gossips, rumours & fun

So basically you're saying I should sell porridge and buy bananas? I don't think Mrs McGurgle or Mrs Scoggins would agree there.

Cesarnc's market talk, gossips, rumours & fun

I get what you're trying to say but I forgot to mention a bloke drove over some boxes at Stockport market and squashed a load of perfectly good bananas. Can you smoke that?

Cesarnc's market talk, gossips, rumours & fun

That's not a girl. She can't even spell Gladys.

Trade what you see NOT what you expect

They're chasing my stops. What should I do? Chonchy do you know? Cesar doesn't have a clue?

Cesarnc's market talk, gossips, rumours & fun

A lesson in market forces. — I'm much better at it. Like I said to the missus only the other day, "Why should I hoover the spare room (I meant the east wing) when I've got currency trading to do." I mean I earned nearly £12.00 last week. Not ...

Cesarnc's market talk, gossips, rumours & fun

Hope they don't do that to me. Now I am going outside in freezing weather to chop wood for a half hour. It saves about £2.00 but it's better for me than an exercise video. This being a millionaire isn't all it's cracked up to be.

Cesarnc's market talk, gossips, rumours & fun

Hallo — Nah. I don't know anything either but I like to pretend I do. I should get a job as a beer tester. What! No I'm talking to Cesar. No I don't mind peanut butter again for my lunch. Or Pea and ham soup. Cesar. Yes he lives in Brasil. And ...

Cesarnc's market talk, gossips, rumours & fun

Chart 5 minutes: image

EUR/GBP - What a great pair to trade!

It is a potentially good entry but I wouldn't trade it if you don't know why, with respect.

EUR/GBP - What a great pair to trade!

There you go... Hourly inside bar. Fill your boots (carefully) is the expression that springs to mind.

EUR/GBP - What a great pair to trade!

Thanks for that. The pair dropped a dizzying 10+ pips in 1 hour this morning. But I also have buy stops in place. Not serious lots but enough to be interesting. Last time they intervened it was fun. Watch this space.

EUR/CHF