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Mr. Scott's Crayon Thread

  • #921
  • Jun 4, 2015 9:09am Jun 4, 2015 9:09am
Quoting AllyB
dustbin levels {image}
Nice Ally they seem bang on lately.
Ghost Rider - WWTBMD?
  • #922
  • Jun 4, 2015 9:26am Jun 4, 2015 9:26am
Quoting iqyu5an
{quote} only fib ...... no pattern etc etc ... max TP hit ..... and bang, and from intraday fib we get where this will go . if we have no new low today....... this intraday fib..... will be our daily fib tomorrow {image}
gonna watch the reaction using intraday fibo only
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not euphoria follower
  • #923
  • Jun 4, 2015 9:28am Jun 4, 2015 9:28am
Quoting iqyu5an
{quote} gonna watch the reaction using intraday fibo only {image}
what is bedrock?
  • #924
  • Jun 4, 2015 9:30am Jun 4, 2015 9:30am
Quoting HelloOz
{quote} what is bedrock?
bedrock is a term in geology science....... as well as top seal
not euphoria follower
  • #925
  • Jun 4, 2015 9:52am Jun 4, 2015 9:52am
GA in interesting zone now.
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Ghost Rider - WWTBMD?
  • #926
  • Jun 4, 2015 10:00am Jun 4, 2015 10:00am
GM guys here
I anticipate next week major corrections to take place since USd has been overstretched on verbal intervention by Yellen and not much else.
Pump and dump.3 months away to Sept and already IMF and lesser Fed members singing delay IR hike...
There is real danger on economy when USD is alone most expensive currency when everyone else is trying to cheapen theirs.
Risk is thousands of Jobs lost in Oil,steel, export industry already 60k jobs lost in Oil industry this year.
I do think USD will get sell off soon cross the board and most likely with UJ which is fat pig on steroids.
Watch the CAD for buying(short UC) opertunity.It will get lower 2390 1st
Goes without saying NFP tomorrow
In trading, you have to be defensive and aggressive at the same time
  • #927
  • Jun 4, 2015 10:14am Jun 4, 2015 10:14am
Quoting Davit
GM guys here I anticipate next week major corrections to take place since USd has been overstretched on verbal intervention by Yellen and not much else. Pump and dump.3 months away to Sept and already IMF and lesser Fed members singing delay IR hike... There is real danger on economy when USD is alone most expensive currency when everyone else is trying to cheapen theirs. Risk is thousands of Jobs lost in Oil,steel, export industry already 60k jobs lost in Oil industry this year. I do think USD will get sell off soon cross the board and most likely...
Good morning Davit. I'm thinking the same way overall but it won't shock me one bit to see another push up on the buck before setting up the fall. Watching close but gonna be careful myself. Could see UJ over 125/50ish again but I don't think it will sustain it for long.

Just enough time to lure in the top buyers perhaps? Hmmmm ....

I don't normally trade U/Cad but seems to be a diamond forming on daily. Up against some pretty good SR right now as well.
Ghost Rider - WWTBMD?
  • #928
  • Jun 4, 2015 10:30am Jun 4, 2015 10:30am
Quoting albchr
{quote} Good morning Davit. I'm thinking the same way overall but it won't shock me one bit to see another push up on the buck before setting up the fall. Watching close but gonna be careful myself. Could see UJ over 125/50ish again but I don't think it will sustain it for long. Just enough time to lure in the top buyers perhaps? Hmmmm .... I don't normally trade U/Cad but seems to be a diamond forming on daily. Up against some pretty good SR right now as well.
GM Chris
I am done trading Yen.I had no luck getting it right.Every time thought that's it it goes higher.Should of stayed clear of this junk currency.
I am looking to close my shorts at loss for lower number at least less damage.
What's annoying me that I got out of my EG longs because of UJ.Should of stayed clear of Yen.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #929
  • Jun 4, 2015 10:40am Jun 4, 2015 10:40am
Quoting albchr
GA in interesting zone now. {image} {image}

Looks who's back....Think it was posted here the first time.

Inserted Video
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #930
  • Jun 4, 2015 10:52am Jun 4, 2015 10:52am
Quoting Mr. Scott
{quote} Looks who's back....Think it was posted here the first time. https://youtu.be/s3DJ0T9_qGg {image}
What makes you think I ever left?

I know buddy, wasn't trying to be first with it. ... Just reminding myself and all. I don't have that "chart memory" you do. Maybe an age thing with me? ... lol
Ghost Rider - WWTBMD?
  • #931
  • Jun 4, 2015 11:00am Jun 4, 2015 11:00am
Quoting albchr
{quote} What makes you think I ever left? I know buddy, wasn't trying to be first with it. ... Just reminding myself and all. I don't have that "chart memory" you do. Maybe an age thing with me? ... lol
Not you, GA.

But good memory, worth keeping an eye on.

Recent example would be AN.

Enjoy the day and NFP tomorrow.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #932
  • Jun 4, 2015 11:02am Jun 4, 2015 11:02am
Quoting Mr. Scott
{quote} Not you, GA. But good memory, worth keeping an eye on. Recent example would be AN. Enjoy the day and NFP tomorrow.
Oh ... fecking riddler ...
Ghost Rider - WWTBMD?
  • #933
  • Jun 4, 2015 11:46am Jun 4, 2015 11:46am
Quoting albchr
GA in interesting zone now. {image} {image}
Welp, win or win, I'm done here. Enjoy the day everyone.
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Ghost Rider - WWTBMD?
  • #934
  • Jun 4, 2015 11:51am Jun 4, 2015 11:51am
Quoting Davit
{quote} GM Chris I am done trading Yen.I had no luck getting it right.Every time thought that's it it goes higher.Should of stayed clear of this junk currency. I am looking to close my shorts at loss for lower number at least less damage. What's annoying me that I got out of my EG longs because of UJ.Should of stayed clear of Yen. Regards
These are the ripple / jerky moves it does before a big fall, watch 122 when it was first reached. May hit 125 again on / pre nfp but will be much lower in a couple weeks with Ukraine crisis in the news again and ISIS advancing in Syria.
  • #935
  • Jun 4, 2015 1:27pm Jun 4, 2015 1:27pm
Hey guys,

Newbie trader, just experimenting with the patterns. Could this be a valid butterfly pattern in the making or is it already invalidated?

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  • #936
  • Jun 4, 2015 3:36pm Jun 4, 2015 3:36pm
Quoting ceetee
Hey guys, Newbie trader, just experimenting with the patterns. Could this be a valid butterfly pattern in the making or is it already invalidated? {image}
Not at the desk, going from memory, cypher was valid daily so potentially yes. But still a ways to go.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #937
  • Jun 4, 2015 9:18pm Jun 4, 2015 9:18pm
Anybody remember this chart? Monthly....

Did not catch it, was otherwise engaged with the market.

http://www.forexfactory.com/showthre...80#post8293480
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #938
  • Jun 4, 2015 9:24pm Jun 4, 2015 9:24pm
So there have been some questions on this chart and this is to be expected as NFP day. That is some enticing setups that could go either way. So I will highlight some of the possible patterns. What to do? Well, PA leads the way, and we have levels of interest to look for trades, but cypher was valid today daily.

First one I present cypher daily(posted here a couple/few days ago) and massive, precise ab = cd.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #939
  • Jun 4, 2015 9:29pm Jun 4, 2015 9:29pm
We also have agg c daily for ab cd below and gartley type formation. I say type because it is not pretty enough for me, but still valid point of interest.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #940
  • Jun 4, 2015 9:34pm Jun 4, 2015 9:34pm
Ok there is always more, but perhaps answers some questions. I think too much might just be confusing.
The world you desire can be won. It exists.. it is real.. it is possible..
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