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Mr. Scott's Crayon Thread

  • #1,261
  • Jun 8, 2015 1:13pm Jun 8, 2015 1:13pm
Quoting albchr
{quote} ...
Thanks Chris green pips to you as well
I am off.Wife has ton of chores for me
In trading, you have to be defensive and aggressive at the same time
  • #1,262
  • Jun 8, 2015 1:15pm Jun 8, 2015 1:15pm
Quoting elbert3
{quote} https://www.youtube.com/watch?v=wV6m9NlsOJ4 lol read me and weep baby x regards{image}
Good job guys and girls.

See a lot of good charts and ideas. I am done for the day, and hopefully, see you all later.

Edit: You can see red lines, they are patterns/levels previously discussed.
Attached Image (click to enlarge)
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,263
  • Jun 8, 2015 1:19pm Jun 8, 2015 1:19pm
Quoting Mr. Scott
{quote} Good job guys and girls. See a lot of good charts and ideas. I am done for the day, and hopefully, see you all later. Edit: You can see red lines, they are patterns/levels previously discussed. {image}
Liking the GU Scott ... Take care brother. I have to run as well but will stop in later for the roll. Enjoy the day everyone.

EDIT: gonna carry UJ for a bit more. See what it wants.
Ghost Rider - WWTBMD?
  • #1,264
  • Jun 8, 2015 1:21pm Jun 8, 2015 1:21pm
Well done, lots of posts today, and other than myself, not a lot of spam or nonsense!
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,265
  • Jun 8, 2015 1:27pm Jun 8, 2015 1:27pm
Quoting albchr
{quote} It's trying me thinks. Original TP was 124.66 ... looking at potential 124.459. Small structure showing promise but bouncing now ... we'll see.
DINK? Or .... .... CRASH? lol
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Ghost Rider - WWTBMD?
  • #1,266
  • Jun 8, 2015 1:29pm Jun 8, 2015 1:29pm
Quoting Mr. Scott
Well done, lots of posts today, and other than myself, not a lot of spam or nonsense!
Just making up for lost time.
Inserted Video
Ghost Rider - WWTBMD?
  • #1,267
  • Jun 8, 2015 1:37pm Jun 8, 2015 1:37pm
EU needs pin 1H/4H for shorts. Larger daily abcd still currently in play. Will hold UJ and see if can build/add on this one. Weekly in play?

OK really gotta run now. Enjoy everyone.
Ghost Rider - WWTBMD?
  • #1,268
  • Jun 8, 2015 1:44pm Jun 8, 2015 1:44pm
Ladies and Gentleman! I have enjoyed the advice and gifts of today. I have stayed in the G/U today though. Will try to get be a little more outgoing tomorrow. Thankyouall!
  • #1,269
  • Jun 8, 2015 1:46pm Jun 8, 2015 1:46pm
Thank you Scott fo your reply but I do not understand it.
Do you mean that your target price for GBPJPY would be 101?
It's 91 points down ....
????

Quoting Mr. Scott
{quote} Looking for 100 and 1 to hold...
  • #1,270
  • Jun 8, 2015 1:56pm Jun 8, 2015 1:56pm
Quoting albchr
{quote} Just remember partials and covering never hurts. Bite by bite ... we'll get that elephant.
,,absolutely,,,, I'll read up on cavemanager so that I can close out a percentage of my trades at least 30 pips.
.... laughing all the way to the bank
  • #1,271
  • Jun 8, 2015 2:09pm Jun 8, 2015 2:09pm
GBPAUD H4 Short
Attached Image (click to enlarge)
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.... laughing all the way to the bank
  • #1,272
  • Jun 8, 2015 3:25pm Jun 8, 2015 3:25pm
putting a sell order 5364 over night sl 5380 , it could see 75 ??,, post more in the morning GL gn E
  • #1,273
  • Jun 8, 2015 3:44pm Jun 8, 2015 3:44pm
Quoting elbert3
putting a sell order 5364 over night sl 5380 , it could see 75 ??,, post more in the morning GL gn E
Be careful, or you will have to borrow your daughter's pc again.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,274
  • Jun 8, 2015 3:46pm Jun 8, 2015 3:46pm
Quoting marcb
Thank you Scott fo your reply but I do not understand it. Do you mean that your target price for GBPJPY would be 101? It's 91 points down .... ???? {quote}
Sorry, meant it was 100 pip set up to me. But due to area I would like to keep one at be and see....So, looking to take two, one to tp, one to hold.

Edit: Off the desk, so no charts at the moment.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,275
  • Edited 5:58pm Jun 8, 2015 5:42pm | Edited 5:58pm
Starting to average in on UC from 2415 target 2380 1st then 2340 2nd
Wall street got hit today about IR hike but that's just the beginning!! Overinflated stocks raised on cheap money will come down to earth.
Its a bubble

The Dow Jones industrial average fell 82.91 points, or 0.46 percent, to 17,766.55, the S&P 500 lost 13.55 points, or 0.65 percent, to 2,079.28 and the Nasdaq Composite dropped 46.83 points, or 0.92 percent, to 5,021.63.

love this comment
"A lot of people are quite skeptical that this payroll data we had on Friday is really a true reflection of how strong the economy is," said Jens Nordvig, global head of currency strategy at Nomura Securities International in New York.
"They think the price action we had on Friday was a bit too optimistic."

We had talking heads already aiming 130 on UJ and beyond
Yes folks much to be seen.Be very skeptical of CNBC Bloomberg and the likes
These guys have vested interest
In trading, you have to be defensive and aggressive at the same time
  • #1,276
  • Jun 8, 2015 6:20pm Jun 8, 2015 6:20pm
Quoting Davit
Starting to average in on UC from 2415 target 2380 1st then 2340 2nd Wall street got hit today about IR hike but that's just the beginning!! Overinflated stocks raised on cheap money will come down to earth. Its a bubble The Dow Jones industrial average fell 82.91 points, or 0.46 percent, to 17,766.55, the S&P 500 lost 13.55 points, or 0.65 percent, to 2,079.28 and the Nasdaq Composite dropped 46.83 points, or 0.92 percent, to 5,021.63. love this comment...
Hi Davit,

And here is a typical example from Dennis Gartmen on CNBC today. Yen at 170..what the hell! maybe but talking 170, seriously how the hell these guys get up and just make random statements. Sure it could get up there someday but that's a big if.

http://video.cnbc.com/gallery/?video=3000386526

The ECB Nowotny comes and today and tells us the downturn in the EZ economy is over.

Unless you are taking on positions all we can do is follow the charts and watch the main the markets.

CAD below 2400 would be good.
  • #1,277
  • Jun 8, 2015 6:24pm Jun 8, 2015 6:24pm
Quoting squawk
{quote} Hi Davit, And here is a typical example from Dennis Gartmen on CNBC today. Yen at 170..what the hell! maybe but talking 170, seriously how the hell these guys get up and just make random statements. Sure it could get up there someday but that's a big if. http://video.cnbc.com/gallery/?video=3000386526 The ECB Nowotny comes and today and tells us the downturn in the EZ economy is over. Unless you are taking on positions all we can do is follow the charts and watch the main the markets. CAD below 2400 would be good.
Hi friend
CAD numbers are coming up greener and greener.I banked 2 batches already on recent swing and building another set.With CAD you can earn swap while waiting.Love this currency my favorite.
We most likely test 22 this month.
About the video he is obviously pissed off getting crashed 170 to 200 yen What a clown!
REgards
In trading, you have to be defensive and aggressive at the same time
  • #1,278
  • Jun 8, 2015 6:30pm Jun 8, 2015 6:30pm
Quoting Davit
{quote} Hi friend CAD numbers are coming up greener and greener.I banked 2 batches already on recent swing and building another set.With CAD you can earn swap while waiting.Love this currency my favorite. We most likely test 22 this month. About the video he is obviously pissed off getting crashed REgards
Davit, I'm eyeing 22 as well, Think the break of 24 will get us at least to 23. Has to break through that 24 area though. Good luck with the trades buddy.
  • #1,279
  • Jun 8, 2015 6:40pm Jun 8, 2015 6:40pm
Quoting squawk
{quote} Davit, I'm eyeing 22 as well, Think the break of 24 will get us at least to 23. Has to break that 24 area though. Good luck with the trades buddy.
22!
About the guy on video.He is making grotesque forecasting assuming US economy is flying sky high.News flash 8.8% are underemployed on top of 5.4% unemployment plus millions who stopped looking for work.
Raise IR and kill off growth and create deflation.This formula is disastrous when you are the only currency dominating everything.Lets suppose yen is 170 and they are able to sell Toyota to US market at 30% less then US auto makers.In this context US car makers either will lower cost risk of stock depreciation or start cutting jobs and your average Joe won't buy a car in April because he thinks by waiting June he can buy the same car 20% less.
That's deflation and real stinker to economy.
If the Feds had real brains they would not keep flaming the market about how rose US economy is doing and IR hike crap.
I like IMF chairwomen Christine Lagarde who presented very rational forecasting basically told Yellen to shut up
In trading, you have to be defensive and aggressive at the same time
  • #1,280
  • Jun 8, 2015 6:45pm Jun 8, 2015 6:45pm
LOL .. Thank God for charts!
Ghost Rider - WWTBMD?
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