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Mr. Scott's Crayon Thread

  • #2,581
  • Jul 20, 2015 9:09pm Jul 20, 2015 9:09pm
Quoting Davit
{quote} 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
Remember that Stevens initially said $0.75 as aud real value but then said $0.65 should be the price.
Wooooohooooo or Boooooohooooo
  • #2,582
  • Jul 20, 2015 10:12pm Jul 20, 2015 10:12pm
Quoting gnomoneey
{quote} here's my au longterm view....it seems that the downtrend might end soon...mmmmm {image}
Hey G,

Nice chart, let's see.....
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDMonthly720.jpg Size: 309 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,583
  • Jul 20, 2015 10:13pm Jul 20, 2015 10:13pm
Allow me my first official harmonic posting....
Attached Image (click to enlarge)
Click to Enlarge Name: butterflyorcrab.png Size: 174 KB
  • #2,584
  • Jul 20, 2015 10:17pm Jul 20, 2015 10:17pm
gbpnzd longterm view

red horizontal is my 0 point
-very obvious

Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzdjuly212015mnresist.png Size: 135 KB
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  • #2,585
  • Jul 20, 2015 10:18pm Jul 20, 2015 10:18pm
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,...
chris thought you were a fulltime trader but now from your post it looks like you are doing a fulltime job. stay safe and best of luck in your new job
  • #2,586
  • Jul 20, 2015 10:21pm Jul 20, 2015 10:21pm
Quoting Pharm0r
Allow me my first official harmonic posting.... {image}


Valid weekly. Nice one monthly I posted, 127 would qualify(for some) as butterfly, then 161.8 extension would mean a crab....so yes, both.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADWeekly720.jpg Size: 285 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,587
  • Jul 20, 2015 10:28pm Jul 20, 2015 10:28pm
Quoting Mr. Scott
{quote} Valid weekly. Nice one monthly I posted, 127 would qualify(for some) as butterfly, then 161.8 extension would mean a crab....so yes, both. {image}
I'm pretty much a professional harmonic poster now. Move aside Mr. Scary
  • #2,588
  • Jul 20, 2015 10:28pm Jul 20, 2015 10:28pm
Quoting Mr. Scott
{quote} Hey G, Nice chart, let's see..... {image}
what pattern will give your 88% which is my red horizontal line
Attached Image (click to enlarge)
Click to Enlarge Name: audusdjuly212015monthlyhs0point.png Size: 127 KB
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  • #2,589
  • Jul 20, 2015 10:35pm Jul 20, 2015 10:35pm
news article....
http://www.forexfactory.com/news.php...02#post8391175

my comment....hehehe


"forward guidance, which was introduced by former governor Mark Carney in 2009 "

if you clearly look after the financial crisis Carney was trying to find ways he can magically push cad to better position and this is what he did. it seemed to inflate cdn economy and with the resignation of Carney and disappearance forward guidance the cad started to lose ground rapidly to the usd....

now same scenario is happening to the gbp
inflate the gbp and call for rate increase and our economy will magically pump up....

this is called the "carney"
or "circus"

then comes yellen to copy or replicate the "carney" for the usd.....


booom 2017 we can see another crisis
Wooooohooooo or Boooooohooooo
  • #2,590
  • Jul 20, 2015 10:43pm Jul 20, 2015 10:43pm
Quoting gnomoneey
{quote} what pattern will give your 88% which is my red horizontal line {image}
I see that level and see it as harmonic but I do not see any patterns that get me there, but I see fibs, brn, demand, and fib relationships.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,591
  • Jul 20, 2015 10:45pm Jul 20, 2015 10:45pm
Quoting gnomoneey
news article.... http://www.forexfactory.com/news.php...02#post8391175 my comment....hehehe "forward guidance, which was introduced by former governor Mark Carney in 2009 " if you clearly look after the financial crisis Carney was trying to find ways he can magically push cad to better position and this is what he did. it seemed to inflate cdn economy and with the resignation of Carney and disappearance forward guidance the cad started to lose...
Generally agree we are all Carneyed now. But I think Yellen will raise rates if only to raise rates because they fear distortion. What do you do if rates are 0 and we have a recession, crisis, etc....How high and how often and how fast? I lean towards we get Carneyed.....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,592
  • Jul 20, 2015 10:46pm Jul 20, 2015 10:46pm
Quoting Mr. Scott
{quote} I see that level and see it as harmonic but I do not see any patterns that get me there, but I see fibs, brn, demand, and fib relationships.
ok
thanks brother Scott.....

Gnight all
Wooooohooooo or Boooooohooooo
  • #2,593
  • Jul 20, 2015 10:47pm Jul 20, 2015 10:47pm
Quoting gnomoneey
{quote} ok thanks brother Scott..... Gnight all
Welcome, Good night G, see you tomorrow.....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,594
  • Jul 20, 2015 10:51pm Jul 20, 2015 10:51pm
Quoting Mr. Scott
{quote} Generally agree we are all Carneyed now. But I think Yellen will raise rates if only to raise rates because they fear distortion. What do you do if rates are 0 and we have a recession, crisis, etc....How high and how often and how fast? I lean towards we get Carneyed.....
do you get it though....

"carney" ="circus"


what is said during central bankers meeting and Circus talking or rapping
Inserted Video
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  • #2,595
  • Jul 20, 2015 10:53pm Jul 20, 2015 10:53pm
Quoting gnomoneey
{quote} do you get it though.... "carney" ="circus" what is said during central bankers meeting and Circus talking or rapping https://www.youtube.com/watch?v=0hiUuL5uTKc
OH SHIT.

That just happened in my house. cranked up to 120%. Girlfriend doesnt even understand. F*ck it.....reaching for my 40 right now
  • #2,596
  • Jul 21, 2015 3:55am Jul 21, 2015 3:55am
Quoting squawk
{quote} Morning all. Been waiting A/N {image} {image}
Morning all. Out of all A/N. Waiting for possible setup on G/N and U/J later.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDNZDJULY16_4H.png Size: 78 KB
Click to Enlarge Name: NZDAUDJULY21_4H.png Size: 57 KB
Click to Enlarge Name: GBPNZDJULY21_5.png Size: 59 KB
  • #2,597
  • Jul 21, 2015 4:10am Jul 21, 2015 4:10am
Quoting Pharm0r
Allow me my first official harmonic posting.... {image}
  • #2,598
  • Jul 21, 2015 11:49pm Jul 21, 2015 11:49pm
Closed bunch of UJ shorts

Notice this pairs unique character bounced off daily 200EMA
Attached Image (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 53 KB
In trading, you have to be defensive and aggressive at the same time
  • #2,599
  • Jul 22, 2015 3:49am Jul 22, 2015 3:49am
Quoting Davit
Closed bunch of UJ shorts Notice this pairs unique character bounced off daily 200EMA {image}
Would have been a great trade. Nice one Davit. I missed the UJ setup concentrating on other pairs.
  • #2,600
  • Jul 22, 2015 3:56am Jul 22, 2015 3:56am
Quoting squawk
{quote} Morning all. Out of all A/N. Waiting for possible setup on G/N and U/J later. {image} {image} {image}
Nice bounce of support for G/N. 220 point move. Got to love G/N.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPNZDJULY21_5.png Size: 59 KB
Click to Enlarge Name: GBPNZDJULY22_5.png Size: 62 KB
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