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Mr. Scott's Crayon Thread

  • #1,421
  • Jun 9, 2015 10:13pm Jun 9, 2015 10:13pm
Quoting Tom_D_Trader
{quote} Yeh well think smells toppy.. 123 about Fibo 38% (is marked wrong 61% in chart..), but my problem is I was greedy and overloaded, so first stops pretty close. Can easy go 124,85. Check MS paint. Almost Picasso. {image}
similar views
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Wooooohooooo or Boooooohooooo
  • #1,422
  • Jun 9, 2015 11:11pm Jun 9, 2015 11:11pm
Quoting gnomoneey
{quote} similar views {image}
Looking at developing patterns and fib relationships.....

http://www.forexfactory.com/showthre...15#post8311115
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,423
  • Jun 9, 2015 11:19pm Jun 9, 2015 11:19pm
Quoting Mr. Scott
{quote} Looking at developing patterns and fib relationships..... http://www.forexfactory.com/showthre...15#post8311115 {image} {image}
Good timing.

BoJ Gov Kuroda: Yen May Not Weaken Much Further On A Real Effective Exchange Rate Basis
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,424
  • Jun 9, 2015 11:21pm Jun 9, 2015 11:21pm
Quoting Tom_D_Trader
{quote} Yeh well think smells toppy.. 123 about Fibo 38% (is marked wrong 61% in chart..), but my problem is I was greedy and overloaded, so first stops pretty close. Can easy go 124,85. Check MS paint. Almost Picasso. {image}
Cant believe my overleveraged trade stops survived half a pip . Stops 124,633, high 124,628. Whopee.
"I know one thing, that I know nothing." Sokrates
  • #1,425
  • Jun 9, 2015 11:24pm Jun 9, 2015 11:24pm
Quoting Tom_D_Trader
{quote} Cant believe my overleveraged trade stops survived half a pip . Stops 124,633, high 124,628. Whopee.
Nice job Tom, thinking Kuroda has been looking at my charts....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,426
  • Jun 9, 2015 11:26pm Jun 9, 2015 11:26pm
Quoting Mr. Scott
{quote} Nice job Tom, thinking Kuroda has been looking at my charts....
He stated already half a year ago BoJ wishes UJ to stay below 120s. Nice talkdown. Came handy.
"I know one thing, that I know nothing." Sokrates
  • #1,427
  • Jun 9, 2015 11:50pm Jun 9, 2015 11:50pm
Morning
eu shark/bat

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It's all about bucks, kid. The rest is conversation.
  • #1,428
  • Jun 10, 2015 12:49am Jun 10, 2015 12:49am
Quoting Lalu
Morning eu shark/bat {image}
Morning Lalu, everyone

EURNZD H1 Short
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.... laughing all the way to the bank
  • #1,429
  • Jun 10, 2015 12:52am Jun 10, 2015 12:52am
Quoting Mr. Scott
{quote} bbl I don't trust her even is she was a policeman {image}
Morning took a few over night to the 5420, do we like this chart but looks like a pull back soon again 5315 ???
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78% of that spike ??
  • #1,430
  • Jun 10, 2015 1:05am Jun 10, 2015 1:05am
Quoting itsallover
{quote} Morning Lalu, everyone EURNZD H1 Short {image}
Good luck Kelly
It's all about bucks, kid. The rest is conversation.
  • #1,431
  • Jun 10, 2015 1:11am Jun 10, 2015 1:11am
Quoting Lalu
{quote} Good luck Kelly

thankyou Lalu. Trading Euro is very tricky these days
.... laughing all the way to the bank
  • #1,432
  • Jun 10, 2015 1:39am Jun 10, 2015 1:39am
Morning all. nice to see UJ is behaving.
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Ghost Rider - WWTBMD?
  • #1,433
  • Jun 10, 2015 1:44am Jun 10, 2015 1:44am
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morning All lets see if uk open will drop it
  • #1,434
  • Jun 10, 2015 3:02am Jun 10, 2015 3:02am
SELL
1.54652
Stake
Stop
([COLOR=#EC174A !important]1.54802[/color]/[COLOR=#0076C0 !important]1.54520[/color])P/L (£[COLOR=#EC174A !important]315.00[/color])
Guaranteed Stop
Set Trailing Stop
Limit
([COLOR=#EC174A !important]1.53162[/color]/[COLOR=#0076C0 !important]1.56160[/color])P/L £[COLOR=#0076C0 !important]3,129.00[/color]
Hedging
Margin required for trade:
735.00 GBP
  • #1,435
  • Jun 10, 2015 3:04am Jun 10, 2015 3:04am
5372./5228 ?? mmmm still looking 5520 to
  • #1,436
  • Jun 10, 2015 3:06am Jun 10, 2015 3:06am
GBPCAD H1 Short
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.... laughing all the way to the bank
  • #1,437
  • Jun 10, 2015 3:12am Jun 10, 2015 3:12am
EURUSD H4 Long
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.... laughing all the way to the bank
  • #1,438
  • Jun 10, 2015 3:15am Jun 10, 2015 3:15am
EURUSD
JPMorgan: Another potential reversal from the short term range highs as the 1.1368 July downtrend line and the 1.1468 May high will continue to act as critical resistance; near term pullback should find support at 1.1183/20, while the 1.1050/00 zone should now act as the short term range lows.
LCG: Despite the Greek deadlock, euro continues its advance versus the pound and the US dollar. As tensions with Greece are not over, a potential Greek default and Grexit risks rise as time goes by, stops on the way down accumulate and may accelerate headwinds .

Market price 1.1311
Bearish below 1.1390.
Preferred case: bearish with resistance at 1.1390, drop expected to 1.1195, max 1.1165
Alternative case: if 1.1390 surpassed, rise to 1.1470

USDJPY
JPMorgan: We totally agree with [Kurodas] view that the JPYs REER is too cheap. The JPYs REER calculated by JPMorgan (CPI-based) has declined to the loest level since 1980s. We have been flagging that both Jpan and the US officials do not want to see much higher USDJPY for political reasons.
LCG: BoJs Kuroda seemingly finds the yen weak enough. The message is clear: we should no longer expect an additional monetary stimulus in the foreseeable future. This does not mean that in the mid-long run, the USDJPY will not return back to levels above 125.00 because the strength in the USD leg will almost be granted as the Fed starts hiking rates. In the short-run however the USDJPY tumbled down toward the Ichimokus baseline (122.38). There is room for further advance to the cloud (120.18/119.59).
Market price 123.01
No directional view
Next resistances at 123.80, 125.05
Next supports at 122.35, 121.50.

GBPUSD and EURGBP

Bloomberg: Britains trade deficit narrowed more than economists forecast in April helped by exports to China, Saudi Arabia and the US.

LCG: As predicted, long Cable below 200H MA (1.5319) has been good opportunity to catch the rally following a narrower UK trade deficit. The economic data will remain the main driver, a softer manufacturing and industrial production data (0930 BST) could limit the upside at 1.5450/93 (optionality / Fibonacci 50% on May 14th - June 1st sell-off), while strong figures should gather enough momentum to challenge 1.55 offers. Vanilla calls are supportive above 1.5450 today.

GBPUSD
Market price 1.5410
Bearish below 1.5450
Preferred case: bearish with resistance at 1.5450, drop expected to 1.5340, max 1.5285.
Alternative case: if 1.5450 surpassed, rise to 1.5570.
my brokers email
  • #1,439
  • Jun 10, 2015 3:29am Jun 10, 2015 3:29am
Quoting itsallover
{quote} ,,,are you long elbert3? I got out of my EJ and GJ long with a few pips. Something's up,,,,,
hi sorry i must of missed your post i have been on Mr Scots thread ,yes at that time i was long,, regards
  • #1,440
  • Jun 10, 2015 3:33am Jun 10, 2015 3:33am
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that was yesterdays trading chart will it hold it
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