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Mr. Scott's Crayon Thread

  • #641
  • Edited 2:49pm May 31, 2015 2:31pm | Edited 2:49pm
Quoting Davit
{quote} Hi Squwk In my view few things are against shorting this now. 1. 78.6 fib violated already by 40pips.According to Scott Carney 78.6 is last chance for correction and violation of this negates the pattern (could still go south) 2.Fundamental factor such as Greece bail out and historical low EU at the moment Market is poised to go bull impulse on Euro as soon as Greece crises is resolved and it will get resolved by June 5th So looking at left of the chart there is plenty room to go higher. RSI daily has not reached above 80 and usually turns...
Hi Davit, I like you thinking process. I am still waiting on the EUR to trade this. I won't say I am as confident as you on the EUR and waiting for further push up by EUR before continuing again to the downside. E/N is still technically in a long term downtrend running into a whole lot of resistance. NZ still maintains a wide yield differential which can't see letting go without fundamentals to unravel the yield seeking flow. This is the area I am targeting anyway and waiting for setup unless it shows something sooner.
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  • #642
  • May 31, 2015 5:43pm May 31, 2015 5:43pm
After Last weeks open and pull back to Weekly open on the EU i Expect a drop on this daily candle to form a base on a cup and handle pattern. X from last weeks low A at the pull back on weekly candle b drop to around the high of mid week daily candle then up to 161 extension.
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  • #643
  • Jun 1, 2015 4:25am Jun 1, 2015 4:25am
Quoting albchr
Sooooo .... I marked up this EU 4H on a flyby the other day. Not real accurate and probably wrong but .... hmmmm .... 3 drive? Then {image} Now {image}
As I said, not real accurate and I'm not trading it but let's see where she ends up this week ....
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Ghost Rider - WWTBMD?
  • #644
  • Jun 1, 2015 5:43am Jun 1, 2015 5:43am
Quoting albchr
{quote} As I said, not real accurate and I'm not trading it but let's see where she ends up this week .... {image}
Still want a touch to those higher green lines

Good morning friends, have a great week!
  • #645
  • Jun 1, 2015 6:48am Jun 1, 2015 6:48am
Quoting albchr
{quote} As I said, not real accurate and I'm not trading it but let's see where she ends up this week .... {image}
Morning Chris, good day to watch today I think. Have a few but just watching levels today. waiting for higher E/U to short but your idea is a good possibility.
  • #646
  • Jun 1, 2015 6:51am Jun 1, 2015 6:51am
Quoting Pharm0r
{quote} Still want a touch to those higher green lines Good morning friends, have a great week!
Morning PharmOr waiting higher as well.
  • #647
  • Jun 1, 2015 6:57am Jun 1, 2015 6:57am
Quoting albchr
{quote} As I said, not real accurate and I'm not trading it but let's see where she ends up this week .... {image}
GM Chris and all,

Tried a be uj last night, didn't work, should have had better entry and still hold as per chart here, EN slept through. It was nap time.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #648
  • Jun 1, 2015 7:12am Jun 1, 2015 7:12am
Quoting Mr. Scott
{quote} GM Chris and all, Tried a be uj last night, didn't work, should have had better entry and still hold as per chart here, EN slept through. It was nap time. {image}
thanks for sharing your view on eurusd..
it seems veryreasonable & accurate...but, that´s nothing we are not accostumated about your posts!!!! thanks again and it´s a pleasure to read this corner of good insights and very very good technical analisys!!!
Congratulations Scott
  • #649
  • Jun 1, 2015 7:20am Jun 1, 2015 7:20am
Quoting xandi
{quote} thanks for sharing your view on eurusd.. it seems veryreasonable & accurate...but, thats nothing we are not accostumated about your posts!!!! thanks again and its a pleasure to read this corner of good insights and very very good technical analisys!!! Congratulations Scott
Thanks buddy, nice to see you around, just some levels of interest so there is no confusion, trading gu not eu so far, will post some later.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #650
  • Jun 1, 2015 7:26am Jun 1, 2015 7:26am
Quoting squawk
{quote} Morning Chris, good day to watch today I think. Have a few but just watching levels today. waiting for higher E/U to short but your idea is a good possibility.
Quoting Mr. Scott
{quote} GM Chris and all, Tried a be uj last night, didn't work, should have had better entry and still hold as per chart here, EN slept through. It was nap time. {image}
Good morning gentlemen

Yeah, as I said that was thrown together on a whim the other day. Thought I had the upper bounce but not so sure about that lower target ... yet. Nice bounce off the 1H 61.8 here but does she have the muster to climb to new highs? ... Still not trading it ... lol ... Preferring GJ and GN atm.
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Ghost Rider - WWTBMD?
  • #651
  • Jun 1, 2015 7:33am Jun 1, 2015 7:33am
A re adjustment of previous chart i posted today...i expect retrace back to daily open and probably penetrate to make a a new high on the daily candle but know higher then the previous days high .
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  • #652
  • Jun 1, 2015 7:41am Jun 1, 2015 7:41am
Attachment
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  • #653
  • Jun 1, 2015 7:44am Jun 1, 2015 7:44am
Hi scott and all,
EU made a bat and maybe a cypher in sight?

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It's all about bucks, kid. The rest is conversation.
  • #654
  • Jun 1, 2015 7:44am Jun 1, 2015 7:44am
Ok I will post a trade from today. Took 20, reenter bat....

Good setup that is good for 20 usually, then can look to reenter on test. First time, lock 20, then look....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #655
  • Jun 1, 2015 7:47am Jun 1, 2015 7:47am
Quoting Lalu
Hi scott and all, EU made a bat and maybe a cypher in sight? {image}
Nice quick work, yes.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #656
  • Jun 1, 2015 7:48am Jun 1, 2015 7:48am
Quoting Mr. Scott
Ok I will post a trade from today. Took 20, reenter bat.... Good setup that is good for 20 usually, then can look to reenter on test. First time, lock 20, then look.... {image} {image} {image}
...
Ghost Rider - WWTBMD?
  • #657
  • Jun 1, 2015 7:48am Jun 1, 2015 7:48am
We should make a poem about 161.8
  • #658
  • Jun 1, 2015 7:53am Jun 1, 2015 7:53am
Quoting albchr
{quote} ...
If you were really bad8ss could have shorted at crab on return to structure....

Edit: Then we have bat for long.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #659
  • Jun 1, 2015 7:59am Jun 1, 2015 7:59am
Quoting Mr. Scott
Ok I will post a trade from today. Took 20, reenter bat.... Good setup that is good for 20 usually, then can look to reenter on test. First time, lock 20, then look.... {image} {image} {image}
HI Scott, Maybe we can have more from that one.trade safe.Z
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  • #660
  • Jun 1, 2015 8:02am Jun 1, 2015 8:02am
Quoting Zaho
{quote} HI Scott, Maybe we can have more from that one.trade safe.Z {image}
Hi Zaho,

Yes , had cypher bounce with ab cd on Friday(think around here), now maybe bat daily, usually prefer my bat to be precise.....
The world you desire can be won. It exists.. it is real.. it is possible..
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