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Mr. Scott's Crayon Thread

  • #2,741
  • Aug 14, 2015 1:12pm Aug 14, 2015 1:12pm
Quoting Mr. Scott
{image}
Thanks Scott. It will be interesting to watch the ten years reaction when the Fed starts raising.
  • #2,742
  • Aug 14, 2015 4:56pm Aug 14, 2015 4:56pm
Quoting squawk
{quote} Thanks Scott. It will be interesting to watch the ten years reaction when the Fed starts raising.
Hey Squawk,

Hope you are well and enjoying this nice weather after the winter we endured. Nice to see you back again.

Have to admit, been spending more time outdoors and with family, so not posting as much.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,743
  • Aug 14, 2015 5:17pm Aug 14, 2015 5:17pm
Quoting Mr. Scott
{image}
Hi Mr. Scott,

thanks for this chart, thought about something like "buy the rumors, sell the facts".
just do it
  • #2,744
  • Aug 15, 2015 2:23am Aug 15, 2015 2:23am
Quoting Mr. Scott
{quote} Hey Squawk, Hope you are well and enjoying this nice weather after the winter we endured. Nice to see you back again. Have to admit, been spending more time outdoors and with family, so not posting as much.
Thanks Scott same to you. Been playing a lot of this.
Attached Image
  • #2,745
  • Aug 15, 2015 3:03am Aug 15, 2015 3:03am
Bit of fun. Oil looks on its last leg down but all seems to hinge on passing through congress.

Good article. Link

A lot of volume traded between 43 and 45 so interesting to see if this holds with the limit down to 33.
Attached Image
  • #2,746
  • Aug 15, 2015 3:24am Aug 15, 2015 3:24am
Couple of weekend quotes to ponder.

You can't change what has already happened so choose to look ahead instead of behind you.

Humility is not thinking less of yourself, but thinking of yourself less.
  • #2,747
  • Edited 3:40am Aug 15, 2015 3:28am | Edited 3:40am
Couple of trading ones.

Its easier to learn what you're supposed do in trading than doing it.If you plan your trade make sure you trade your plan

External success is achieved through competition. But long term trading success is built during the confrontation with your weakness.

If you have an indicator that works 80% of the time, you can still blow up with the wrong position sizing.

All you have is probability and probability - even if its high - is still just probability.

Part of becoming a good trader is accepting the fact that you do not know what is going to happen next and neither does anyone else
  • #2,748
  • Aug 15, 2015 3:37am Aug 15, 2015 3:37am
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  • #2,749
  • Aug 15, 2015 4:22am Aug 15, 2015 4:22am
Good article on why further rate cuts from NZ are all but certain.

Link
  • #2,750
  • Aug 15, 2015 4:48am Aug 15, 2015 4:48am
Morning Sir, and all just posted my weekend in view post in gb thread , http://www.forexfactory.com/showthre...61#post8437561, have a good weekend Regards B ps might have a look at others next week
  • #2,751
  • Aug 15, 2015 5:00am Aug 15, 2015 5:00am
Quoting elbert3
Morning Sir, and all just posted my weekend in view post in gb thread , http://www.forexfactory.com/showthre...61#post8437561, have a good weekend Regards B ps might have a look at others next week
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4 hour fill zones above and below, last week as posted price can hit 5415 and still be long, this week i think price can hit 5532 and still be long, so we could be into another east movement,?? price has broken the 1st touch tl so it does tell us it can go there,, mad i no ?? just the way i think,,, if it does break then as above post, 5170 is popping into my mind, but unfinished at 6400,
  • #2,752
  • Aug 15, 2015 6:02am Aug 15, 2015 6:02am
USDJPY

Couple of orders in from 125. Looking to add to trade if Gartley forms back to 125 area. Targeting back to 122 ish remaining in range. Break above 125.500 out.
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  • #2,753
  • Aug 15, 2015 7:05am Aug 15, 2015 7:05am
Quoting squawk
{quote} Thanks Scott same to you. Been playing a lot of this. {image}
Some beautiful ones there....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,754
  • Aug 15, 2015 7:50am Aug 15, 2015 7:50am
Quoting elbert3
Morning Sir, and all just posted my weekend in view post in gb thread , http://www.forexfactory.com/showthre...61#post8437561, have a good weekend Regards B ps might have a look at others next week

Morning Captain! the prize we sought is won? We had shark and of course, the naked running around......
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,755
  • Aug 15, 2015 8:13am Aug 15, 2015 8:13am
Quoting squawk
Bit of fun. Oil looks on its last leg down but all seems to hinge on passing through congress. Good article. Link A lot of volume traded between 43 and 45 so interesting to see if this holds with the limit down to 33. {image}
32.48 2008 but I want bounce.....for CAD posted last week....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,756
  • Aug 15, 2015 10:11am Aug 15, 2015 10:11am
Quoting squawk
Good article on why further rate cuts from NZ are all but certain. Link
Next action is at 18th of August.
https://www.globaldairytrade.info/en/
I usually stick a red reminder on my PC
In trading, you have to be defensive and aggressive at the same time
  • #2,757
  • Edited 11:53am Aug 15, 2015 10:21am | Edited 11:53am
Quoting squawk
Bit of fun. Oil looks on its last leg down but all seems to hinge on passing through congress. Good article. Link A lot of volume traded between 43 and 45 so interesting to see if this holds with the limit down to 33. {image}
Bottom line is Iran is desperate to start selling her oil and improve economy otherwise young unemployed Iranians most likely will revolt kicking mullahs out.
On this note why not keep the sanctions and accelerate the process? I am for rejecting the Nuke deal.Iranians must come to 21century and get out of 16th century tribal totalitarian mindset fueled by belief system that is already obsolete.
In trading, you have to be defensive and aggressive at the same time
  • #2,758
  • Edited 3:41am Aug 16, 2015 3:30am | Edited 3:41am
Quoting Mr. Scott
{quote} 32.48 2008 but I want bounce.....for CAD posted last week.... {image}
Hi Scott, that area was last push up with lot of volume on the FOMC statement so be interesting to see the reaction and how many resting orders are still there. Makes sense for a bounce from the technicals on your chart and enough resting orders to hold from there unless Oil rebounds strongly on something.
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  • #2,759
  • Aug 16, 2015 3:37am Aug 16, 2015 3:37am
Quoting Davit
{quote} Next action is at 18th of August. https://www.globaldairytrade.info/en/ I usually stick a red reminder on my PC
Hi Davit likewise, Tuesday. Ive been trading the GN for my Kiwi trades, as you know a beast. Very selective on a trade for this pair but rewards can be great. Bagged a lot of good trades over the last few weeks but the stops can be brutal if you are wrong.
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  • #2,760
  • Aug 16, 2015 3:57am Aug 16, 2015 3:57am
Some good reading from John Mauldine on Energy, shale production and how the Saudi gamble has failed.

Link
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