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Mr. Scott's Crayon Thread

  • #1,621
  • Jun 11, 2015 7:27am Jun 11, 2015 7:27am
Quoting squawk
{quote} The unwinding of yield is never pretty glad I got out of my N/U Yesterday. Could be a good long term play, all we can do is manage the risk a go with the odds. I remember the carry on that trade last year, it was a bitch at the time. Anyway got to go good luck with the job brother.
Good test case, let's see but good point, fundamental move not just news/data(they are different.)

Rarely reversed/ignored without corresponding fundamentals to oppose....Not data/news...
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,622
  • Jun 11, 2015 7:35am Jun 11, 2015 7:35am
We will see but hopefully the news was in favour just enough to keep this sell going on the pound dollar.
Wish I had the mindset to trade another currency pair but one seems to be more than enough.
Fingers crossed SELL.
  • #1,623
  • Jun 11, 2015 7:42am Jun 11, 2015 7:42am
Shiny green data for the buck. Don't think the market is buying it. At least not yet.
Ghost Rider - WWTBMD?
  • #1,624
  • Jun 11, 2015 7:43am Jun 11, 2015 7:43am
Quoting Mr. Scott
{quote} Good test case, let's see but good point, fundamental move not just news/data(they are different.) Rarely reversed/ignored without corresponding fundamentals to oppose....Not data/news...
Ok one of old charts but relevant....
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDDaily611.jpg Size: 303 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,625
  • Jun 11, 2015 7:46am Jun 11, 2015 7:46am
Damm am I allowed to say that - its going the wrong way but the news was good and so they should sell.
Don't understand.
  • #1,626
  • Jun 11, 2015 7:50am Jun 11, 2015 7:50am
Quoting Mr. Scott
{quote} Ok one of old charts but relevant.... {image}
Ghost Rider - WWTBMD?
  • #1,627
  • Jun 11, 2015 8:02am Jun 11, 2015 8:02am
Good Morning guys
Got 4 shorts on UC from 2306-2288
TP 22 With slightly more unemployed red numbers bulls have lost the sail.Missed 6980 NU Low.
Support at 6980 is holding
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #1,628
  • Jun 11, 2015 8:04am Jun 11, 2015 8:04am
Quoting Algorerythmn
Damm am I allowed to say that - its going the wrong way but the news was good and so they should sell. Don't understand.
Sure but....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4611.jpg Size: 271 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,629
  • Jun 11, 2015 8:04am Jun 11, 2015 8:04am
Quoting Algorerythmn
Damm am I allowed to say that - its going the wrong way but the news was good and so they should sell. Don't understand.
care to say which pair? US news wasn't good.retail numbers were marginally better. what's important is unemployment and it was bad
In trading, you have to be defensive and aggressive at the same time
  • #1,630
  • Jun 11, 2015 8:06am Jun 11, 2015 8:06am
Quoting itsallover
,,,second attempt at GJ ,,, the H4, H1 TDI all comply ,,, tight SL GBPJPY H1 Long {image}

,,,close that -3 ,,,, couldn't close out when PA bounced to the Daily Line as my platform froze ,,,, couldn't salvage AU which went to BE ,,, so need to see if my Broker can do something about these freezes.

So annoying,,, may move to another Broker
.... laughing all the way to the bank
  • #1,631
  • Jun 11, 2015 8:10am Jun 11, 2015 8:10am
GM Scott
I want to say that this thread and quality of posters here is enough to improve one's trading without paying shitload of money to scam artists and books.
The only hook is one needs experience to understand perspective we are posting from.
Thanks for starting
In trading, you have to be defensive and aggressive at the same time
  • #1,632
  • Jun 11, 2015 8:12am Jun 11, 2015 8:12am
On employment June could be worse with Texas Oklahoma flooding I am sure thousands lost their jobs.I anticipate USD weakness to continue this summer unless Feds pull a rabbit and surprise the market.

EG is getting attractive to long.Prefer 72 or lower.This has potential for 500pips up
Edit got in at 7250Long
NU long at 70
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #1,633
  • Jun 11, 2015 8:16am Jun 11, 2015 8:16am
Quoting Davit
GM Scott I want to say that this thread and quality of posters here is enough to improve one's trading without paying shitload of money to scam artists and books. The only hook is one needs experience to understand perspective we are posting from. Thanks for starting
Hi Davit,

Thanks for kind words. I agree.

It also keeps me out of trouble and away from nonsense, which is bad for your head and trading.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,634
  • Jun 11, 2015 8:18am Jun 11, 2015 8:18am
Quoting Davit
{quote} care to say which pair? US news wasn't good.retail numbers were marginally better. what's important is unemployment and it was bad
He did brother, on his first post just above his second one with DAMN!

Quoting Algorerythmn
We will see but hopefully the news was in favour just enough to keep this sell going on the pound dollar. Wish I had the mindset to trade another currency pair but one seems to be more than enough. Fingers crossed SELL.
Ghost Rider - WWTBMD?
  • #1,635
  • Jun 11, 2015 8:21am Jun 11, 2015 8:21am
Quoting Mr. Scott
{quote} Hi Davit, Thanks for kind words. I agree. It also keeps me out of trouble and away from nonsense, which is bad for your head and trading.
I would like to second Davits comments, I don't post very often but I find myself checking out this thread and it's a breath of fresh air not having the bickering. Also it's nice to see you back Davit, you were absent for some time. I always like your fundamental take on things.
  • #1,636
  • Jun 11, 2015 8:21am Jun 11, 2015 8:21am
Quoting Mr. Scott
{quote} Sure but.... {image}
Yeah brother (and good morning ) ... I'm sticking with my view for now.
Quoting albchr
{quote} Now that's a really slow bounce. {image} EDIT: OK, so I have this hunch. Of course I'll take what I can get but moving TP to just below the 161.8 extension of the last 4H down swing. Locking +20 again and she either runs or folds. {image}
Ghost Rider - WWTBMD?
  • #1,637
  • Jun 11, 2015 8:25am Jun 11, 2015 8:25am
Quoting wyley187
{quote} I would like to second Davits comments, I don't post very often but I find myself checking out this thread and it's a breath of fresh air not having the bickering. Also it's nice to see you back Davit, you were absent for some time. I always like your fundamental take on things.
Thanks for comment
I took time out to clear my head.I feel with this thread I don't have to clear too much anymore!
Regards
In trading, you have to be defensive and aggressive at the same time
  • #1,638
  • Jun 11, 2015 8:28am Jun 11, 2015 8:28am
Quoting Davit
{quote} Thanks for comment I took time out to clear my head.I feel with this thread I don't have to clear too much anymore! Regards
Ohhhhh .... we can fix that!
Ghost Rider - WWTBMD?
  • #1,639
  • Jun 11, 2015 8:29am Jun 11, 2015 8:29am
Quoting albchr
{quote} Yeah brother (and good morning ) ... I'm sticking with my view for now. {quote}
I am confused, aren't our charts same?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #1,640
  • Jun 11, 2015 8:30am Jun 11, 2015 8:30am
Quoting albchr
{quote} Ohhhhh .... we can fix that!
Remember this?
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In trading, you have to be defensive and aggressive at the same time
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