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Mr. Scott's Crayon Thread

  • #1,481
  • Edited 11:33am Jun 10, 2015 11:20am | Edited 11:33am
Quoting Tom_D_Trader
{quote} Thx man. TPd about two rents and still holding . No need to work whole summer if I wont screw up trade in loss, but currently SL locked +3,7%. Am awake about 30 hrs btw. Now @ 25:1, lotsa GU scalps and Xau scalps. Partial targets 1,55445 1193,1. Will be unloading scalps in between. So think am gonna stay awake till LO close minimum. edit: ofc if we drop I go to sleep edit: stops Xau:1184,965 1182,995 1174,9 UJ: 124,025 123,373 GU: 1,54463 1,53995 1,53278 EU:1,12563 1,1195 {image}
Ok, so have deleveraged all scalps and am 10:1 peacefull.

edit: Lol yes, Xau, now you can fall. Got stopped all on 1186,774 break. Stopped also Gus at 54888.
edit: Well not like it was a deep fall (38% stopped). But am a bit exhausted to reload another scalps.
edit: taking also some UJs and moving to lvrg 8:1.
edit: Hoping market will a) correct for reload b) wait till I get some sleep. (5413 very nice load for GU)

Cya later, T
"I know one thing, that I know nothing." Sokrates
  • #1,482
  • Jun 10, 2015 12:29pm Jun 10, 2015 12:29pm
Crude capped at 61 I anticipate back to 59 which should push UC to 24
In trading, you have to be defensive and aggressive at the same time
  • #1,483
  • Jun 10, 2015 12:36pm Jun 10, 2015 12:36pm
Little UC update for today....
Attached Image (click to enlarge)
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,484
  • Jun 10, 2015 12:40pm Jun 10, 2015 12:40pm
Quoting Davit
Crude capped at 61 I anticipate back to 59 which should push UC to 24
Interesting correlation article from someone who used to post here in ff.....

http://www.nobrainertrades.com/2015/...urrencies.html
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,485
  • Jun 10, 2015 1:13pm Jun 10, 2015 1:13pm
Quoting Mr. Scott
Little UC update for today.... {image}
Thks for the article as well

Interesting that AU and NU are basically stopped ascending.
I am short on AU 7765 got stopped out at 7750
In trading, you have to be defensive and aggressive at the same time
  • #1,486
  • Jun 10, 2015 1:17pm Jun 10, 2015 1:17pm
Quoting Mr. Scott
{quote} Interesting correlation article from someone who used to post here in ff..... http://www.nobrainertrades.com/2015/...urrencies.html
Another fact is UC used to travel 60-70 pips but not anymore last 20day is 103pips
So going up 24+may not take much time at all
In trading, you have to be defensive and aggressive at the same time
  • #1,487
  • Jun 10, 2015 1:18pm Jun 10, 2015 1:18pm
Quoting Davit
{quote} Thks for the article as well Interesting that AU and NU are basically stopped ascending. I am short on AU 7765 got stopped out at 7750
Sure good luck, big news soon, shutting down.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,488
  • Jun 10, 2015 2:09pm Jun 10, 2015 2:09pm
Quoting Mr. Scott
{quote} Interesting correlation article from someone who used to post here in ff..... http://www.nobrainertrades.com/2015/...urrencies.html
It's good article Scott and was reading it the other day. Steve has some great articles that are well written.
  • #1,489
  • Jun 10, 2015 2:12pm Jun 10, 2015 2:12pm
After lots of reading, time for a setup. EUR/JPY weekly chart, pending buy at 137.40, 60 pip SL for a first try to go long again after the former resistance was cleared ... first target would be 140.
Attached Image (click to enlarge)
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Fix up, trade sharp ...
  • #1,490
  • Jun 10, 2015 2:21pm Jun 10, 2015 2:21pm
Quoting Hickson
After lots of reading, time for a setup. EUR/JPY weekly chart, pending buy at 137.40, 60 pip SL for a first try to go long again after the former resistance was cleared ... first target would be 140. {image}
Price did hit pivot and bounced (love this indi)
Not likely to get that low...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 26 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,491
  • Jun 10, 2015 2:23pm Jun 10, 2015 2:23pm
Quoting Davit
{quote} Price did hit pivot and bounced (love this indi) Not likely to get that low... {image}
Yes, not bad mate. Could drop further though to shake out weak hands out of the market ... Anyway, if it gets there, I think it is a good chance!
Fix up, trade sharp ...
  • #1,492
  • Jun 10, 2015 2:30pm Jun 10, 2015 2:30pm
Quoting Hickson
{quote} Yes, not bad mate. Could drop further though to shake out weak hands out of the market ... Anyway, if it gets there, I think it is a good chance!
Keep an eye on AU
She is overachieving after employment 9.30pm tonight she may shoot up but then shoot down.
regards
In trading, you have to be defensive and aggressive at the same time
  • #1,493
  • Jun 10, 2015 3:17pm Jun 10, 2015 3:17pm
Quoting Davit
{quote} Price did hit pivot and bounced (love this indi) Not likely to get that low... {image}
hi davit. hope this finds you doing well. you look like you are

if you don't mind me asking what indi do you love? the pivots?

thanks in advance
  • #1,494
  • Jun 10, 2015 3:26pm Jun 10, 2015 3:26pm
Quoting AllyB
{quote} hi davit. hope this finds you doing well. you look like you are if you don't mind me asking what indi do you love? the pivots? thanks in advance
Hi Ally
1.Fibs
2.Pivots
3.RSI
4.Momentum (out of all Oscillators momentum is the only leading indicator)
5.Bollinger Bands
6.EMA's specially 34 Low High Close

Above all I need
I bounce off 4 templates I have each configure with different indies./ Pivot with momentum /BB with RSI / BB RSI EMAS/ Basic Clean
In trading, you have to be defensive and aggressive at the same time
  • #1,495
  • Jun 10, 2015 3:32pm Jun 10, 2015 3:32pm
Quoting Davit
{quote} Hi Ally 1.Fibs 2.Pivots 3.RSI 4.Momentum (out of all Oscillators momentum is the only leading indicator) 5.Bollinger Bands 6.EMA's specially 34 Low High Close Above all I need


more than I like to use but it does look good.

I like:
fibs
pivots
so and 200emas
and the nolag histogram
and last but not lease dustbin spaced lines for EU

edit: done until the jpy open tonight
  • #1,496
  • Jun 10, 2015 3:41pm Jun 10, 2015 3:41pm
Quoting AllyB
{quote} more than I like to use but it does look good. I like: fibs pivots so and 200emas and the nolag histogram and last but not lease dustbin spaced lines for EU edit: done until the jpy open tonight
Yes whatever works.I find that once you feel comfortable with certain tools then overtime you pick up nuances
for example

BB can extend 2nd 3rd deviations and RSI can stay OB OS but putting pivots and fibs on them picture clears up considerably to have edge on your side.
To me they are just building tools.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #1,497
  • Jun 10, 2015 3:54pm Jun 10, 2015 3:54pm
Quoting Davit
{quote} Keep an eye on AU She is overachieving after employment 9.30pm tonight she may shoot up but then shoot down. regards
I will be sleeping then mate
Fix up, trade sharp ...
  • #1,498
  • Jun 10, 2015 7:11pm Jun 10, 2015 7:11pm
Quoting Hickson
After lots of reading, time for a setup. EUR/JPY weekly chart, pending buy at 137.40, 60 pip SL for a first try to go long again after the former resistance was cleared ... first target would be 140. {image}
Hi Hicks,

Nice to see you.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4610.jpg Size: 317 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,499
  • Jun 10, 2015 7:31pm Jun 10, 2015 7:31pm
Quoting squawk
{quote} It's good article Scott and was reading it the other day. Steve has some great articles that are well written.
Inserted Video
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,500
  • Edited 8:45pm Jun 10, 2015 8:10pm | Edited 8:45pm
Still looking at this on EU
Attached Image(s) (click to enlarge)
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