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- 341 Results (2 Threads , 339 Replies )
- Scotty B replied Jun 5, 2020
What a ride so far, great work holding on! I know a lot of folks have their attention stuck on AUDUSD, but look at the price action there - that pair is running into a wall of liquidity at .7. If you look at the NZDUSD chart you can see no such ...
- Scotty B replied May 26, 2017
You're probably making a very common, but easily missed mistake. When you open your trade terminal, you should see a huge list of currency pairs available to trade. I will tell you, it is not only possible to pick the wrong direction of a market, ...
- Scotty B replied May 18, 2017
Another pet market of mine. We're right at 19 Pesos/ Dollar. Possible turning point, I'm in short. There has been news the past few days stating that Mexican officials are beginning to relax about Nafta. We could see some decent flow begin to come ...
- Scotty B replied May 18, 2017
Another quick note, regarding the timing of this trade, we are just now knocking at the 3.6 level. Given the sequence of events over the last several days, this could be a decent entry opportunity..time will tell.
- USD/MXN -- US Dollar / Mexican Peso
I searched around before creating yet another thread, I was surprised this thread didn't already ...
- Scotty B replied May 9, 2017
Obviously not too much interest in this pair round these parts, but she's choochin' onwards and upwards. I think this thing is going astronomical, maybe not, but so far she's been generous. If the market still feels the same way (financially ...
- Scotty B replied May 3, 2017
Not sure if anyone else still pays attention to the Lira, but we are getting very close to a possible longer term trade setup. USD/TRY is currently approaching a major corridor price: 3.5000. With the evolution of Erdogan's reign in Turkey and his ...
- Scotty B replied May 2, 2017
I'm on the sidelines until later this week. We're gonna run sideways, probably wise to stay out of the market until Japan opens for business later this week. Wild things can happen during bank holidays, but I think the MO for the week will be ...
- Scotty B replied Jan 11, 2016
I'm out. Last chart for today.
- Scotty B replied Jan 11, 2016
This thing will become exhausted or we'll see some more upside very soon.
- Scotty B replied Jan 11, 2016
It's a homeade indicator (I'm not a programmer, I cobbled this together as I was amazed that it didn't exist.), maybe one of the techno wizards around here can code one that auto-updates. I annoyingly have to update it every time a new candle ...
- Scotty B replied Jan 11, 2016
Last post for a bit... The other option is to rework your coefficient and grab higher TF moves.. The sky is the limit. Cut losses ASAP, let your winners run..
- Scotty B replied Jan 11, 2016
And wave complete. Move SL up near the market just in case it's not over.
- Scotty B replied Jan 11, 2016
Even closer, does she have any gusto left?
- Scotty B replied Jan 11, 2016
Price and time working together.
- Scotty B replied Jan 11, 2016
Wait for it. Again, we never really know when an order has been fully worked into a market. This beast is a little more complicated being a cross-pair but the idea still applies.
- Scotty B replied Jan 11, 2016
Getting closer...
- Scotty B replied Jan 11, 2016
We are farmers gents. We don't take in the corn till it's done growing.
- Scotty B replied Jan 11, 2016
This is my pair tonight, I'll update the trade till the dragon falls from the sky. This thing loves to whipsaw.
- Scotty B replied Jan 11, 2016
Whats up with FF? Is anybody home? Kidding, but I'm surprised nobody is "riding the dragon" this fine day -- she just jumped 120 pips to the north. We never know how big an order is -- we stay in until the wave is over. Gone are the days of hard ...