Mr. Scott's Crayon Thread | Page 129 | Forex Factory

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Mr. Scott's Crayon Thread

  • #2,561
  • Jul 19, 2015 11:38pm Jul 19, 2015 11:38pm
Quoting albchr
Hey Gang!! Just sliding through at the end of my only day off. Thinking of y'all everyday and wishing the best for everyone. Was hoping to post an update in the Corner this Sunday but no such luck (no time) I'm doing well and putting things together on a rather steady path now. With a little faith, trust and lots of hard hours , I'm shooting for being on the west coast by November - ish. By then (or give or take abit), the goal is to be back trading full time for a living. Scott, Stu, Lalu, Squawk, Jim, Davit, James, G, Ally,...
Hi Chris,

Thanks for stopping by, good to hear from you. Glad things are going well. Keep us informed and maybe throw down a chart if you have time.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,562
  • Jul 20, 2015 12:33am Jul 20, 2015 12:33am
Quoting albchr
Hey Gang!! Just sliding through at the end of my only day off. Thinking of y'all everyday and wishing the best for everyone. Was hoping to post an update in the Corner this Sunday but no such luck (no time) I'm doing well and putting things together on a rather steady path now. With a little faith, trust and lots of hard hours , I'm shooting for being on the west coast by November - ish. By then (or give or take abit), the goal is to be back trading full time for a living. Scott, Stu, Lalu, Squawk, Jim, Davit, James, G, Ally,...
Hi Chris
Good to hear from you!
Looking forward for your fresh perspective on markets.
In trading, you have to be defensive and aggressive at the same time
  • #2,563
  • Jul 20, 2015 1:01am Jul 20, 2015 1:01am
EU is heading to some stiff support zone 108 S38 Double bottom.
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In trading, you have to be defensive and aggressive at the same time
  • #2,564
  • Jul 20, 2015 2:49am Jul 20, 2015 2:49am
Good morning all, just opened my acc and i could not see the gold trade open, first thought sl out , but blow me what happened i was tp on my 161, , have not read any thing yet just making my morning cuppa, late today was in the wine glass last night
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anybody put some light on this ??
  • #2,565
  • Jul 20, 2015 2:55am Jul 20, 2015 2:55am
Quoting elbert3
anybody put some light on this ??
Yes, it was all Sisse. While Asians were on vacation, he oversold illiquid market to proove his calls right .
"I know one thing, that I know nothing." Sokrates
  • #2,566
  • Jul 20, 2015 2:56am Jul 20, 2015 2:56am
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new look to it ?? weekly is trading below all my emas so any long up to the top tl if so sell off it i think if it can retake that res line but has potential to see 1000 ??
  • #2,567
  • Jul 20, 2015 2:57am Jul 20, 2015 2:57am
Quoting Tom_D_Trader
{quote} Yes, it was all Sisse. While Asians were on vacation, he oversold illiquid market to proove his calls right .
Thanks Tom , regards B
  • #2,568
  • Jul 20, 2015 3:00am Jul 20, 2015 3:00am
Quoting elbert3
{quote} Thanks Tom , regards B
Go check his posts on RUT thread. He was talking bout that gold for about a month. Also we were speaking gold with Gator on EU thread..and though I disagree a bit...seems Smartphone market is actually getting bigger than Gold market. Gator is arguing with good old: Gold is a barbarian relic and as a proof of status, modern guy buys new IPhone, instead of jewelry. Dunno, I stopped buying it @ 1176 break. Not like I was gold expert.
"I know one thing, that I know nothing." Sokrates
  • #2,569
  • Jul 20, 2015 3:26am Jul 20, 2015 3:26am
Quoting elbert3
...anybody put some light on this ??
morning elbert,

about gold, I think this deep crab might be in play, which means we have some more room for the shorts. we might also see a test of previous support around 114x.

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  • #2,570
  • Jul 20, 2015 3:35am Jul 20, 2015 3:35am
Quoting isengoz
{quote} morning elbert, about gold, I think this deep crab might be in play, which means we have some more room for the shorts. we might also see a test of previous support around 114x. {image}
Thanks flat on that now watch and see what it wants to do, regards E
  • #2,571
  • Jul 20, 2015 3:38am Jul 20, 2015 3:38am
Quoting isengoz
{quote} morning elbert, about gold, I think this deep crab might be in play, which means we have some more room for the shorts. we might also see a test of previous support around 114x. {image}
Randgold Resources (-2.52%) given the massive declines in the gold price its not wonder Randgold takes bottom spot on the index today. Antofagasta (-1.80%) and Fresnillo (-2.28%) are also under pressure. The main issue is the lack of yield and the stronger USTs. The idea that central banks may be starting to hike interest rates leaves gold demand out in the cold.,,, That was part of my morning email from my broker
  • #2,572
  • Jul 20, 2015 3:41am Jul 20, 2015 3:41am
GBPUSD
Market price 1.5619
Approaching resistance 1.5650/75
Bias to turn positive if 1.5650/75 breached, breaking intermediate support 1.5710, rise expected to 1.5790.
If 1.5675 resistance holds, correction to 1.5545, max 1.5510.
gu ?
  • #2,573
  • Jul 20, 2015 4:04am Jul 20, 2015 4:04am
Quoting elbert3
GBPUSD Market price 1.5619 Approaching resistance 1.5650/75 Bias to turn positive if 1.5650/75 breached, breaking intermediate support 1.5710, rise expected to 1.5790. If 1.5675 resistance holds, correction to 1.5545, max 1.5510. gu ?
IMHO, we will see a lateral move at GBPUSD for a while. a diamond might be forming. but overall I'm bearish on this pair...

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  • #2,574
  • Jul 20, 2015 5:58am Jul 20, 2015 5:58am
see past posts on au, had charts from the break out before ext, have not looked at it for days , last looked at 61% ext , and look where it is now, no trade on it
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  • #2,575
  • Jul 20, 2015 6:01am Jul 20, 2015 6:01am
Quoting elbert3
see past posts on au, had charts from the break out before ext, have not looked at it for days , last looked at 61% ext , and look where it is now, no trade on it{image}
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watch this now, break out and possible tl to the top of the chart ,
  • #2,576
  • Jul 20, 2015 4:18pm Jul 20, 2015 4:18pm
Quoting elbert3
{quote} {image} watch this now, break out and possible tl to the top of the chart ,
here's my au longterm view....it seems that the downtrend might end soon...mmmmm

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Wooooohooooo or Boooooohooooo
  • #2,577
  • Jul 20, 2015 6:04pm Jul 20, 2015 6:04pm
Quoting albchr
Hey Gang!! Just sliding through at the end of my only day off. Thinking of y'all everyday and wishing the best for everyone. Was hoping to post an update in the Corner this Sunday but no such luck (no time) I'm doing well and putting things together on a rather steady path now. With a little faith, trust and lots of hard hours , I'm shooting for being on the west coast by November - ish. By then (or give or take abit), the goal is to be back trading full time for a living. Scott, Stu, Lalu, Squawk, Jim, Davit, James, G, Ally,...
kiss kiss hug hug my dear friend
  • #2,578
  • Jul 20, 2015 6:43pm Jul 20, 2015 6:43pm
Quoting gnomoneey
{quote} here's my au longterm view....it seems that the downtrend might end soon...mmmmm {image}
Hi G
much depends This weeks RBNZ decision on rates.Should they cut which is anticipated we can see both NZD and AUD pairs going further down.The fact that AU could not break 74 tittered at 7380 shows there is no real interest buying further
regards
In trading, you have to be defensive and aggressive at the same time
  • #2,579
  • Jul 20, 2015 7:30pm Jul 20, 2015 7:30pm
Quoting gnomoneey
{quote} here's my au longterm view....it seems that the downtrend might end soon...mmmmm {image}
is this because you have drawn a thick line there or other reasons?
As Above, So Below
  • #2,580
  • Edited 9:40pm Jul 20, 2015 9:05pm | Edited 9:40pm
Quoting tashkent
{quote} is this because you have drawn a thick line there or other reasons?
The reason is it's a 1996 channel and support is nearing from current price.
And also remembering Stevens said aud should be at $0.65 after hitting $0.80
I also have that bearish value in mind.
Wooooohooooo or Boooooohooooo
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