Cut 25 bps and save the other for a rainy day (next meeting). I think otherwise they may think the inflation buggaboo will crank up. I'm thinking that they are trying to reverse the 17 1/4 pt raises bit by bit. The one 1/2 pt cut was just to get ...

Cesarnc's market talk, gossips, rumours & fun

Only because they don't have the Psychic Hotline no more. Did a google search for Bush's hotline with 800 instead of 888. 8 hits came up - 2 were for posts in your topic.

Cesarnc's market talk, gossips, rumours & fun

It's never too soon to get the jump on next week's trading. Soooo here is the update after the maket close from CBOT on fed rate cut odds: Based upon the December 7 market close, the 30-Day Federal Funds futures contract for the December 2007 ...

Cesarnc's market talk, gossips, rumours & fun

Good size moves in the bond market anyway.

Cesarnc's market talk, gossips, rumours & fun

Another example of TD Pivots effectiveness on 15m GBPUSD:

Tom DeMark Pivot Point System

From CBOT ( Based on yesterday's close - updated each night) Based upon the December 6 market close, the 30-Day Federal Funds futures contract for the December 2007 expiration is currently pricing in a 100 percent probability that the FOMC will ...

Cesarnc's market talk, gossips, rumours & fun

Paranoi-a will destroy-a. It was a little attempt at humor. I no sooner dare to question the great one, that your other half scurried around Forex Factory and copy/pasted mine and SL's posts. The CIA should have as expert a surveillance agent as ...

Technical Analysis Fallacy

The CIA should get in touch with. And here is a little advice for you and the old wise one. Take a chill pill. Old ancient America expression. How dare I question the "Wisdom"!

Technical Analysis Fallacy

Ward 13 (?) might be coming for me then too. I understand exactly what SL is saying. Stories/parables/poems past down through the ages sometimes can get lost in the translation and through differences from one generation to the next. But if we are ...

Technical Analysis Fallacy

Not to mention GBPUSD - GBPCHF - EURGBP

Cesarnc's market talk, gossips, rumours & fun

Bush couldn't even get the telephone# right. It is 888-955-HOPE.

Cesarnc's market talk, gossips, rumours & fun

800-955-HOPE was their 2nd choice. 1st was 800-EAT-S**T

Cesarnc's market talk, gossips, rumours & fun

Reason why I didn't think 1.4700 is because on 60m chart daily pivot and bollinger bands were waiting @ 1.4640 Then after the 11am est hourly formed a pinbar.

Cesarnc's market talk, gossips, rumours & fun

My apologies for the lousy look of my TradeStation chart. There doesn't seem to be a way to upload without losing a lot of the clarity. But on EU 240min chart even though fibs didn't get the exact pip on swing low today, I think most would be happy ...

Why Fibonacci Retracements are Bullocks

Don't think it going to make it much past 1.4650 if that.

Cesarnc's market talk, gossips, rumours & fun

The indicator I have is for TradeStation covering the 3 support levels, pivot and 3 resistance levels. These are the forecast high and low levels.

Tom DeMark Pivot Point System

Here is an example of TD Pivots 15m basis on GBPUSD on Wednesday. Note that support levels did nothing because the market was in "freefall". But see how S2 and S3 (red arrows) acted as resistance once price came back up. Doesn't happen all the time ...

Tom DeMark Pivot Point System

The only thing is if the BOE does cut, well then everyone might start to believe that they will follow the Fed down with each of the Fed's subsequent cuts. If this were to turn out to be the case then there is no advantage holding GBP over maybe I ...

Cesarnc's market talk, gossips, rumours & fun

Financial Times - Traders were caught on the hop on Wednesday as the FTSE 100 snapped back from two days of losses with its biggest one-day percentage gain in almost four months. The cue for the powerful rally came from surveys that showed service ...

Cesarnc's market talk, gossips, rumours & fun

Took a quick look in on the old Cable Update thread, saw at least 4 posts during the trading day of longs being initiated while GBP was still dropping. Of course there will be some kind of retrace, especially if enough traders are positioned wrong ...

Cesarnc's market talk, gossips, rumours & fun