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Mr. Scott's Crayon Thread

  • #2,821
  • Aug 27, 2015 12:32pm Aug 27, 2015 12:32pm
Quoting Bones
hi all /scott ,my reading gbp nzd as V bear ,its a mighty long wick off pivot , bearish long legged doji Monthly {image} {image}
Isn't she a thing of beauty?
Ghost Rider - WWTBMD?
  • #2,822
  • Aug 27, 2015 12:33pm Aug 27, 2015 12:33pm
really I think must work out lower
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  • #2,823
  • Aug 27, 2015 12:33pm Aug 27, 2015 12:33pm
Interesting to see if support holds up for GU.
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  • #2,824
  • Aug 27, 2015 12:34pm Aug 27, 2015 12:34pm
yea Chris how do we tackle the monster lol

Quoting albchr
{quote} Isn't she a thing of beauty?
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  • #2,825
  • Aug 27, 2015 12:36pm Aug 27, 2015 12:36pm
Quoting squawk
Interesting to see if support holds up for GU. {image}
Yes, looking....


http://www.forexfactory.com/showthre...41#post8459941

Edit: 161.8 of that is 151801, nice place and larger 786/127 combo is 1499x
The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,826
  • Aug 27, 2015 12:39pm Aug 27, 2015 12:39pm
Quoting Mr. Scott
{quote} Yes, looking.... http://www.forexfactory.com/showthre...41#post8459941
A lot of selling pressure be triggered. Not even a 30% retracement on any of those legs down.
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  • #2,827
  • Aug 27, 2015 12:41pm Aug 27, 2015 12:41pm
Quoting Bones
yea Chris how do we tackle the monster lol {quote}
With both hands ... eyes closed. ... lol

Good to see your posts again brother...
Ghost Rider - WWTBMD?
  • #2,828
  • Aug 27, 2015 12:42pm Aug 27, 2015 12:42pm
Thanks scott nice to know there a pattern at least


Quoting Mr. Scott
{quote} Hey Bones, Thanks for charts, couple relevant....commodity currencies {image} {image}
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  • #2,829
  • Aug 27, 2015 12:45pm Aug 27, 2015 12:45pm
yea I think Ill wait see that monthly ,maybe retace would be cool since I nearly short yesturday missed it lol ,I'm interested in distance here ..



Quoting albchr
{quote} With both hands ... eyes closed. ... lol Good to see your posts again brother...
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  • #2,830
  • Aug 27, 2015 12:54pm Aug 27, 2015 12:54pm
Quoting Bones
yea I think Ill wait see that monthly ,maybe retace would be cool since I nearly short yesturday missed it lol ,I'm interested in distance here .. {quote}
Distance she'll give. ... I suspect we may see some retrace tomorrow (possibly a bit more drop first). How much remains to be seen. I'll be interested in next week's open.

Intraday - 4H
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Today I was just taking nibbles on her. Been away for a spell and just getting back in the rhythm.
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Ghost Rider - WWTBMD?
  • #2,831
  • Aug 27, 2015 12:59pm Aug 27, 2015 12:59pm
usd has maintained its trend ,
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  • #2,832
  • Aug 27, 2015 1:59pm Aug 27, 2015 1:59pm
Interesting crude level. Lots of volume traded 45 to 43.
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  • #2,833
  • Aug 27, 2015 9:45pm Aug 27, 2015 9:45pm
Some commodity currencies all the rage...some EA, not my best art work but it is late at night.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #2,834
  • Aug 29, 2015 7:56am Aug 29, 2015 7:56am
hi scott can I measure a run from break out like that ?
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  • #2,835
  • Aug 29, 2015 8:05am Aug 29, 2015 8:05am




Quoting Bones
hi scott can I measure a run from break out like that ? {image}
That's a loaded question bones. Firstly in harmonic drop tf and see if any pattern is being played or completed. Secondly you can always use support and demand areas. Thirdly fib retracements. Fourthly where do you measure breakout, it's any of this and many other systems out there. It's your way of trading that will determine it. Your view is very valid but many decisions and question that are needed before you execute a plan of attack. Just my opinion.
Wooooohooooo or Boooooohooooo
  • #2,836
  • Aug 29, 2015 8:17am Aug 29, 2015 8:17am
thanks G ,I see that harmi maybe small shooting ,on a major pivot ,shaven prior month
so just thought well each time broke from consolidation then bull run looks same lol
off that break line ,is it open to interpretation like that then ? honestly useless at getting my head around this thought process I rely on Scott completly

Quoting gnomoneey
{quote} That's a loaded question bones. Firstly in harmonic drop tf and see if any pattern is being played or completed. Secondly you can always use support and demand areas. Thirdly fib retracements. Fourthly where do you measure breakout, it's any of this and many other systems out there. It's your way of trading that will determine it. Your view is very valid but many decisions and question that are needed before you execute a plan of attack. Just my opinion.
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  • #2,837
  • Aug 29, 2015 8:35am Aug 29, 2015 8:35am
Quoting Bones
thanks G ,I see that harmi maybe small shooting ,on a major pivot ,shaven prior month so just thought well each time broke from consolidation then bull run looks same lol off that break line ,is it open to interpretation like that then ? honestly useless at getting my head around this thought process I rely on Scott completly {quote}
Like everything else patterns appear and multiple pattern will play out but what will happen only is determined at one particular second, minute, hour, week and month. But monthly tl breakout is very powerful when in confluence with other systems like harmonic, fibs and sup/dem or support/resistance. But for me key is I look at monthly for longterm trend, weekly about same buy daily for me is what determines what will happen for the week. H4 and lower will show me any changes happening in next few min to days. With multiple confluence in an area will give me a high percentage at time of charting but like anything else things change within seconds. Sorry I hope I didn't stray away from your original question. For me I'm a pattern analyzer I look at the past and see if it is playing out at the moment along with multiple other major pairs and of course gold and oil.
Wooooohooooo or Boooooohooooo
  • #2,838
  • Aug 29, 2015 8:37am Aug 29, 2015 8:37am
no I appreciate any advise thanks
for me this will not fail for weaker eur going into month ,I like pretty


Quoting gnomoneey
{quote} Like everything else patterns appear and multiple pattern will play out but what will happen only is determined at one particular second, minute, hour, week and month. But monthly tl breakout is very powerful when in confluence with other systems like harmonic, fibs and sup/dem or support/resistance. But for me key is I look at monthly for longterm trend, weekly about same buy daily for me is what determines what will happen for the week. H4 and lower will show me any changes happening in next few min to days. With multiple confluence in...
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  • #2,839
  • Aug 29, 2015 8:47am Aug 29, 2015 8:47am
Quoting Bones
no I appreciate any advise thanks for me this will not fail for weaker eur going into month ,I like pretty {quote} {image} {image}
I look at that last candle. Over 300pips wow. But overall looks bearish but for me need few more candles before confirmation. But being end of month I would think that some kind of retracement is coming. All pairs have great scalping opportunity and if you get stuck and use big leverage then you can wait for reversal. Fun days started skittle early this time, it's usually mid September
Wooooohooooo or Boooooohooooo
  • #2,840
  • Aug 29, 2015 9:15am Aug 29, 2015 9:15am
ill eat my hat if it dose not confirm,2 week tf

Quoting gnomoneey
{quote} I look at that last candle. Over 300pips wow. But overall looks bearish but for me need few more candles before confirmation. But being end of month I would think that some kind of retracement is coming. All pairs have great scalping opportunity and if you get stuck and use big leverage then you can wait for reversal. Fun days started skittle early this time, it's usually mid September
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