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Mr. Scott's Crayon Thread

  • #221
  • May 21, 2015 2:24pm May 21, 2015 2:24pm
Quoting Davit
Unusually strong dollar couple with vague Feds minutes +Red manufacturing data I am expecting USD to tumble soon.It may start tomorrow or next week but it will. Factor Greek bailout by June 4th I anticipate Euro gains despite of what talking heads suggest.This is just pestering by Greeks to get the best possible deal but Banks will gave in since opposite is disastrous to overall EU establishment. No I don't see 104 or Lower I see 117+ in 3months
Hi Davit. Overall I agree and in fact I believe it already started some weeks ago. But the dollar bulls are a stubborn bunch and I see a rather choppy path downward over time. Much can happen between now and then.
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Anyway was just passing through for coffee. Will be back later tonight to see where the roll puts us. Enjoy folks.
Ghost Rider - WWTBMD?
  • #222
  • May 21, 2015 4:53pm May 21, 2015 4:53pm
May be one to watch.
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  • #223
  • May 21, 2015 6:28pm May 21, 2015 6:28pm
Quoting squawk
May be one to watch. {image}
nice chart and I like your signature on patience ... so true
  • #224
  • May 21, 2015 6:46pm May 21, 2015 6:46pm
Quoting AllyB
{quote} nice chart and I like your signature on patience ... so true
Thanks AllyB.
  • #225
  • May 21, 2015 6:50pm May 21, 2015 6:50pm
Quoting squawk
May be one to watch. {image}
The problem with shampoo, is once it's confirmed, the move is already half over...
  • #226
  • May 21, 2015 7:03pm May 21, 2015 7:03pm
Quoting Pharm0r
{quote} The problem with shampoo, is once it's confirmed, the move is already half over...
Yeah agree with you if your using it just to trade the extension of the head.
  • #227
  • May 21, 2015 7:13pm May 21, 2015 7:13pm
Quoting Pharm0r
{quote} The problem with shampoo, is once it's confirmed, the move is already half over...
Use shampoo along with harmonics and you'll have confluence for potential targets
Wooooohooooo or Boooooohooooo
  • #228
  • May 21, 2015 8:42pm May 21, 2015 8:42pm
Quoting squawk
May be one to watch. {image}
So sad about this one...Just plain ole agg c.

For those playing along at home just bounce 1.13. 161.8 confluence. H1
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #229
  • May 21, 2015 8:44pm May 21, 2015 8:44pm
Quoting Mr. Scott
{quote} So sad about this one...Just plain ole agg c. For those playing along at home just bounce 1.13. 161.8 confluence. H1 {image}
I've noticed more and more- that those spikes like to come back and touch eachother. More often than not I can fish out a mid or a mofu in them. They're important.

EU daily is an example recently (it's an upper mofu)
  • #230
  • May 21, 2015 8:46pm May 21, 2015 8:46pm
Little Gu from today, that might serve you well in the future.

But be careful, crayons are like guns. In the wrong hands....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #231
  • May 21, 2015 8:50pm May 21, 2015 8:50pm
Quoting Pharm0r
{quote} I've noticed more and more- that those spikes like to come back and touch eachother. More often than not I can fish out a mid or a mofu in them. They're important. EU daily is an example recently (it's an upper mofu)
That was 25 pips to the pip just now. Please feel free to elaborate.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #232
  • May 21, 2015 8:51pm May 21, 2015 8:51pm
Quoting Davit
Unusually strong dollar couple with vague Feds minutes +Red manufacturing data I am expecting USD to tumble soon.It may start tomorrow or next week but it will. Factor Greek bailout by June 4th I anticipate Euro gains despite of what talking heads suggest.This is just pestering by Greeks to get the best possible deal but Banks will gave in since opposite is disastrous to overall EU establishment. No I don't see 104 or Lower I see 117+ in 3months
I agree and I think today we will more or less know the direction of the EURO or the USD.

2 speeches by Draghi, 1 by Yellen.
  • #233
  • May 21, 2015 9:00pm May 21, 2015 9:00pm
Quoting Mr. Scott
{quote} That was 25 pips to the pip just now. Please feel free to elaborate.
30 and return to structure.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #234
  • May 21, 2015 9:05pm May 21, 2015 9:05pm
Quoting FxLapozi
{quote} I agree and I think today we will more or less know the direction of the EURO or the USD. 2 speeches by Draghi, 1 by Yellen.
BOJ, Kuroda, Carney, Yellen, Draghi, IFo and inflation, have fun. Mr. Scott will be on a plane.

It's says plain, but I think plane makes more sense.

Inserted Video
The world you desire can be won. It exists.. it is real.. it is possible..
  • #235
  • May 21, 2015 9:05pm May 21, 2015 9:05pm
Quoting Mr. Scott
Little Gu from today, that might serve you well in the future. But be careful, crayons are like guns. In the wrong hands.... {image}
Hi man,
I also have a weekly level just above .
Sry for that analysis on EU reversal I ve promised and didnt deliver. Had no time . And nice thread.
GL,
T
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"I know one thing, that I know nothing." Sokrates
  • #236
  • May 21, 2015 9:13pm May 21, 2015 9:13pm
Quoting Tom_D_Trader
{quote} Hi man, I also have a weekly level just above . Sry for that analysis on EU reversal I ve promised and didnt deliver. Had no time . And nice thread. GL, T {image}
Nice to see you Tom.

We are still number two. I was hoping someone would spam the thread and post some really bad trade ideas so we could overtake EU thread, but I will take a good chart and my second place trophy.

Ok got to go pack. EN interesting trying to do little break of structure but I had 1.5081.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #237
  • May 21, 2015 9:20pm May 21, 2015 9:20pm
Quoting Mr. Scott
{quote} Nice to see you Tom. We are still number two. I was hoping someone would spam the thread and post some really bad trade ideas so we could overtake EU thread, but I will take a good chart and my second place trophy. Ok got to go pack. EN interesting trying to do little break of structure but I had 1.5081.
I am afraid to trade NZD. Seems illiquid and I dont wanna get gap. Sometimes I shoot hard, like 40:1 or so... ..just intraday, but gap could hurt, so am mostly trading the most liquid pairsXUSD. But I have added AU long for diversification and thinking of NZDUSD and UCAD - also very low lvrg for diversify.

Edit: Ok, I admit, I also trade Dax CFD and XAU. Especially XAUSD megaspread and pretty illiquid. But I just cant get my hands on metal gold, paper is much easier even with spread.
"I know one thing, that I know nothing." Sokrates
  • #238
  • May 21, 2015 9:28pm May 21, 2015 9:28pm
Quoting Tom_D_Trader
{quote} I am afraid to trade NZD. Seems illiquid and I dont wanna get gap. Sometimes I shoot hard, like 40:1 or so... ..just intraday, but gap could hurt, so am mostly trading the most liquid pairsXUSD. But I have added AU long for diversification and thinking of NZDUSD and UCAD - also very low lvrg for diversify.
NZD waiting, I posted some AU and CAD around here.

EN
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #239
  • May 21, 2015 9:31pm May 21, 2015 9:31pm
Quoting Mr. Scott
{quote} NZD waiting, I posted some AU and CAD around here. EN {image}
Thank you very much for your efforts. I will read through thread during weekend . Now I gotta nurse my entries.
"I know one thing, that I know nothing." Sokrates
  • #240
  • May 21, 2015 9:41pm May 21, 2015 9:41pm
Quoting Mr. Scott
{quote} BOJ, Kuroda, Carney, Yellen, Draghi, IFo and inflation, have fun. Mr. Scott will be on a plane. It's says plain, but I think plane makes more sense. https://youtu.be/8S7zVVl3CIE
Haha. Have a nice trip, mate. Dont mind if you pop in some charts during your time off
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