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Mr. Scott's Crayon Thread

  • #1,281
  • Jun 8, 2015 4:53pm Jun 8, 2015 4:53pm
Quoting Davit
{quote} 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...
look and remember mr carney when he was bank of Canada now gbp....
he started the game of raise the rate rumour...
he did it here in Canada and made cdn $ stronger...but really no rate hike
then switched to uk ....started same game...but still to rate hike
both still not doing well
now yellen good buddies with carney talked and said to each other and carney told yellen to play that ir hike game....should push your usd higher....
Wooooohooooo or Boooooohooooo
  • #1,282
  • Jun 8, 2015 4:54pm Jun 8, 2015 4:54pm
https://fortune.com/2015/06/04/imf-interest-rates/
IMF's Christine Lagarde to Janet Yellen: Please don't raise interest rates!
In trading, you have to be defensive and aggressive at the same time
  • #1,283
  • Jun 8, 2015 4:55pm Jun 8, 2015 4:55pm
Quoting gnomoneey
{quote} look and remember mr carney when he was bank of Canada now gbp.... he started the game of raise the rate rumour... he did it here in Canada and made cdn $ stronger...but really no rate hike then switched to uk ....started same game...but still to rate hike both still not doing well now yellen good buddies with carney talked and said to each other and carney told yellen to play that ir hike game....should push your usd higher....
Agree and he was Goldman Sachs boy basically Trader

I believe Feds really wanted to lower the Oil and they succeeded however they are puzzled that it did not impact on economy as they anticipated.
In trading, you have to be defensive and aggressive at the same time
  • #1,284
  • Jun 8, 2015 4:56pm Jun 8, 2015 4:56pm
Quoting Davit
https://fortune.com/2015/06/04/imf-interest-rates/ IMF's Christine Lagarde to Janet Yellen: Please don't raise interest rates!
and todays Obama "our dollar is too strong"
who's going to win the ir hike or drop game....
Wooooohooooo or Boooooohooooo
  • #1,285
  • Jun 8, 2015 5:02pm Jun 8, 2015 5:02pm
Quoting gnomoneey
{quote} and todays Obama "our dollar is too strong" who's going to win the ir hike or drop game....
Ohhhh ... but, what did he "really" say? .. What a joke.
Quoting albchr
{image} What gets me? Are how many comments. .... Yep, slow day ... lol
For the life of me I'll never understand folks bothering with all the gossip. ... Yep, it's good to be simple minded.
Ghost Rider - WWTBMD?
  • #1,286
  • Jun 8, 2015 6:38pm Jun 8, 2015 6:38pm
Lets see if this plays out on gold.
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  • #1,287
  • Jun 8, 2015 7:19pm Jun 8, 2015 7:19pm
Quoting Davit
{quote} Chris don't make fun of my pivots but check out the bounces! {image}
Hey Davit, I never make fun of another's methods. But yep, pivots <--- (SR/SD) and fibs are where it's at imho. They've always been the foundation for me. Price will always react there on some level. Then it's a matter of reading that reaction.

As per prior post,
http://www.forexfactory.com/showthre...34#post8313134
still looking up on EA for me. Almost there to see what happens.
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Ghost Rider - WWTBMD?
  • #1,288
  • Jun 8, 2015 8:51pm Jun 8, 2015 8:51pm
Quoting albchr
{quote} Hey Davit, I never make fun of another's methods. But yep, pivots <--- (SR/SD) and fibs are where it's at imho. They've always been the foundation for me. Price will always react there on some level. Then it's a matter of reading that reaction. As per prior post, http://www.forexfactory.com/showthre...34#post8313134 still looking up on EA for me. Almost there to see what happens. {image}
Not my favorite chart at the moment, as it seems I have been waiting on it forever....Had a long forever ago but switched to short bias at first shark level(probably around here somewhere.) But a couple areas of interest. EN similar.

See you guys tomorrow.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,289
  • Jun 8, 2015 9:23pm Jun 8, 2015 9:23pm
Quoting albchr
{quote} Hey Davit, I never make fun of another's methods. But yep, pivots <--- (SR/SD) and fibs are where it's at imho. They've always been the foundation for me. Price will always react there on some level. Then it's a matter of reading that reaction. As per prior post, http://www.forexfactory.com/showthre...34#post8313134 still looking up on EA for me. Almost there to see what happens. {image}
I was just joking.Agree with you 100%
EU is looking mighty good to short but going to wait to see if she has more room to go up.
Notice the pivot price stopped dead on it. 243 ADR in 1 day sure some correction will take place
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In trading, you have to be defensive and aggressive at the same time
  • #1,290
  • Jun 8, 2015 10:17pm Jun 8, 2015 10:17pm
Quoting Davit
{quote} I was just joking.Agree with you 100% EU is looking mighty good to short but going to wait to see if she has more room to go up. Notice the pivot price stopped dead on it. 243 ADR in 1 day sure some correction will take place {image}


Just 'looking'.
  • #1,291
  • Jun 8, 2015 10:36pm Jun 8, 2015 10:36pm
Morning will it be 5464 or 5148 ????
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  • #1,292
  • Jun 8, 2015 10:50pm Jun 8, 2015 10:50pm
Hi all here are some eu harmonic levels I've got an eye on today.

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It's all about bucks, kid. The rest is conversation.
  • #1,293
  • Jun 8, 2015 10:52pm Jun 8, 2015 10:52pm
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4 hour tl touch but one above toooo ???
  • #1,294
  • Jun 8, 2015 11:00pm Jun 8, 2015 11:00pm
Quoting Lalu
Hi all here are some eu harmonic levels I've got an eye on today. {image}
First level - bat - also happened to be 1.618 butterfly in micro-land

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It's all about bucks, kid. The rest is conversation.
  • #1,295
  • Jun 8, 2015 11:42pm Jun 8, 2015 11:42pm
Quoting Lalu
Hi all here are some eu harmonic levels I've got an eye on today. {image}
Morning most of emas are showing long ,but the 200 is yet to be tested ,, so fail on the tl its short again or de we see the 200 , pass and test that it could ,,, could be long term trend up
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  • #1,296
  • Jun 9, 2015 12:05am Jun 9, 2015 12:05am
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profit target hit
  • #1,297
  • Jun 9, 2015 12:17am Jun 9, 2015 12:17am
Nice rejection of 88.6 level.Trade safe.Z
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  • #1,298
  • Jun 9, 2015 12:17am Jun 9, 2015 12:17am
Quoting elbert3
{quote} Morning most of emas are showing long ,but the 200 is yet to be tested ,, so fail on the tl its short again or de we see the 200 , pass and test that it could ,,, could be long term trend up{image}
Have these looking down a bit

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It's all about bucks, kid. The rest is conversation.
  • #1,299
  • Jun 9, 2015 12:22am Jun 9, 2015 12:22am
Quoting elbert3
{quote} Morning most of emas are showing long ,but the 200 is yet to be tested ,, so fail on the tl its short again or de we see the 200 , pass and test that it could ,,, could be long term trend up{image}
And up a bit further there are these butterflies/gartley

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It's all about bucks, kid. The rest is conversation.
  • #1,300
  • Jun 9, 2015 1:06am Jun 9, 2015 1:06am
Quoting elbert3
putting a sell order 5364 over night sl 5380 , it could see 75 ??,, post more in the morning GL gn E
1 pip out ,, now flat look to 4 hour hit support will it hold not hitting my fibs ,, have to check them out,, or can anybody see if i am going wrong somewhere ??
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long order on 5254
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