Mr. Scott's Crayon Thread | Page 209 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Crayon Trend Lines 14 replies

Scott's Journal 25 replies

Attachments: Mr. Scott's Crayon Thread
Exit Attachments

Mr. Scott's Crayon Thread

  • #4,161
  • Feb 9, 2016 6:28pm Feb 9, 2016 6:28pm
Quoting albchr
{quote} Hey buddy ... Up against resistance, weekly 200ema, 161 extension .... I'm watching. {image}
Hey I found her...



http://www.forexfactory.com/showthre...81#post8734781
The world you desire can be won. It exists.. it is real.. it is possible..
  • #4,162
  • Feb 9, 2016 6:48pm Feb 9, 2016 6:48pm
Quoting Mr. Scott
{quote} Hey I found her... http://www.forexfactory.com/showthre...81#post8734781


Wouldn't mind seeing a second tap and hold to enter.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPiH1.png Size: 49 KB
Ghost Rider - WWTBMD?
  • #4,163
  • Feb 9, 2016 6:50pm Feb 9, 2016 6:50pm
Did you see this today? Interesting I thought.

http://suremoneyinvestor.com/opportu...-up-the-world/
Ghost Rider - WWTBMD?
  • #4,164
  • Feb 9, 2016 7:34pm Feb 9, 2016 7:34pm
Quoting albchr
Did you see this today? Interesting I thought. http://suremoneyinvestor.com/opportu...-up-the-world/


I wish I didn't agree with his view but..............DEBT EVERYWHERE.
  • #4,165
  • Feb 9, 2016 8:46pm Feb 9, 2016 8:46pm
Quoting albchr
{quote} Hey buddy ... Up against resistance, weekly 200ema, 161 extension .... I'm watching. {image}
Heeeey Chris good to see you posting. Just waiting as well all signs align to a probability of a retrace bar the risk in the market and the EU correlation to the Yen at the moment, which looks like its hanging on by a thread to 110.
  • #4,166
  • Edited 11:23pm Feb 9, 2016 8:50pm | Edited 11:23pm
Quoting albchr
Did you see this today? Interesting I thought. http://suremoneyinvestor.com/opportu...-up-the-world/
Good read Chris and their CEO came out today and told everyone they have enough money to cover 350 Euros in maturing tier 1 coupons due in April. When ever a CEO of a bank has to come out and assure they have enough cash it can never a good sign... (nothing is true until its officially denied) mind you can't see the German government letting the Deutsche bank fail.

Scary thought -"In fact, this one bank has derivatives exposure greater than the entire European GDP".

The real question is how six years after the financial crisis an institution holding enough derivatives to blow up the financial system can be permitted to operate with financial controls that would force a corner drug store out of business. Michael Lewitts
  • #4,167
  • Feb 9, 2016 9:09pm Feb 9, 2016 9:09pm
Quoting Mr. Scott
{quote} Hey I found her... http://www.forexfactory.com/showthre...81#post8734781
  • #4,168
  • Feb 10, 2016 3:52am Feb 10, 2016 3:52am
Quoting srt
{quote} I wish I didn't agree with his view but..............DEBT EVERYWHERE.
I do as well and it's a scary reality. Good to see you brother. Hope all is well.
Quoting squawk
{quote} Heeeey Chris good to see you posting. Just waiting as well all signs align to a probability of a retrace bar the risk in the market and the EU correlation to the Yen at the moment, which looks like its hanging on by a thread to 110.
First little drop was good for a few on a scalp. I suspect we'll see some consolidation at least before it gains direction again. I don't normally trade the pair but hey, everyone was talking about it.
Ghost Rider - WWTBMD?
  • #4,169
  • Feb 10, 2016 4:05am Feb 10, 2016 4:05am
Quoting squawk
{quote} Good read Chris and their CEO came out today and told everyone they have enough money to cover 350 Euros in maturing tier 1 coupons due in April. When ever a CEO of a bank has to come out and assure they have enough cash it can never a good sign... (nothing is true until its officially denied) mind you can't see the German government letting the Deutsche bank fail. Scary thought -"In fact, this one bank has derivatives exposure greater than the entire European GDP". The real question is how six years after the financial crisis...
LOL ... much like the Swiss bank and it's peg ... eh?
Ghost Rider - WWTBMD?
  • #4,170
  • Feb 10, 2016 4:06am Feb 10, 2016 4:06am
Quoting albchr
{quote} I do as well and it's a scary reality. Good to see you brother. Hope all is well. {quote} First little drop was good for a few on a scalp. I suspect we'll see some consolidation at least before it gains direction again. I don't normally trade the pair but hey, everyone was talking about it.
Frustrating pair I find similar to AN, AC that are closely correlated. Sometimes just think your better trading the pure like GU and EU but find when the correlation breaks and the spread is so wide you get some good moves.
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-02-10_2003.png Size: 104 KB
  • #4,171
  • Feb 10, 2016 4:11am Feb 10, 2016 4:11am
GU looking possible higher if it breaks Pivot. I like trading Trader VICs 2B rules for these setups.
Attached Image (click to enlarge)
Click to Enlarge Name: GU1D_FEB10.png Size: 68 KB
  • #4,172
  • Feb 10, 2016 4:17am Feb 10, 2016 4:17am
Quoting squawk
{quote} Frustrating pair I find similar to AN, AC that are closely correlated. Sometimes just think your better trading the pure like GU and EU but find when the correlation breaks and the spread is so wide you get some good moves. {image}
I've just always found it too slow for me. I tend to prefer the feisty pairs myself. But it does seem to be a nice turtle trending pair. Unlike the crazier moves of my favorites like GA, EA, GN, EN, GJ, it seems one could find a seat and get covered for a nice long ride even in these times. I'll have to watch it more closely in the future.
Ghost Rider - WWTBMD?
  • #4,173
  • Feb 10, 2016 4:28am Feb 10, 2016 4:28am
Quoting albchr
{quote} I've just always found it too slow for me. I tend to prefer the feisty pairs myself. But it does seem to be a nice turtle trending pair. Unlike the crazier moves of my favorites like GA, EA, GN, EN, GJ, it seems one could find a seat and get covered for a nice long ride even in these times. I'll have to watch it more closely in the future.
Know what you mean Chris. I don't trade it that much only if the spread is wide between the two into a good level.
  • #4,174
  • Feb 10, 2016 4:32am Feb 10, 2016 4:32am
Quoting squawk
{quote} Know what you mean Chris. I don't trade it that much only if the spread is wide between the two into a good level.
... BTW, I saw the picture of that beach you posted here. Sure looks nice. Think there's room down under for an old crippled American? ... lol
Ghost Rider - WWTBMD?
  • #4,175
  • Feb 10, 2016 4:35am Feb 10, 2016 4:35am
Quoting albchr
{quote} ... BTW, I saw the picture of that beach you posted here. Sure looks nice. Think there's room down under for an old crippled American? ... lol
Yeah always mate and a good access to a health system to.
  • #4,176
  • Feb 10, 2016 4:37am Feb 10, 2016 4:37am
EG flirting with yesterday open right now. Suspect she'll break thru. Couple potential targets below if so.
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBPiH1.png Size: 51 KB
Ghost Rider - WWTBMD?
  • #4,177
  • Feb 10, 2016 4:40am Feb 10, 2016 4:40am
Quoting squawk
{quote} Yeah always mate and a good access to a health system to.
Couple months on a beach like that might be all the healing I need. I know a few folks in your land. Have to say it's something I've considered before.
Ghost Rider - WWTBMD?
  • #4,178
  • Feb 10, 2016 4:58am Feb 10, 2016 4:58am
Quoting albchr
EG flirting with yesterday open right now. Suspect she'll break thru. Couple potential targets below if so. {image}
I've got 3 positions on taken one and move other 2 to break even at 7204. Sure she will prob try test the top so most likely BE on those 2 trades.
  • #4,179
  • Feb 10, 2016 4:59am Feb 10, 2016 4:59am
Quoting albchr
{quote} Couple months on a beach like that might be all the healing I need. I know a few folks in your land. Have to say it's something I've considered before.
Nothing like living by the beach Chris to cure your ills.
  • #4,180
  • Feb 10, 2016 5:11am Feb 10, 2016 5:11am
Quoting squawk
{quote} I've got 3 positions on taken one and move other 2 to break even at 7204. Sure she will prob try test the top so most likely BE on those 2 trades.
Very nice amigo! ... I just took one large and split some off in stages. Flat now. Thought about some scalping on GA today but it's been too good a week so far to mess with. I'll wait until the talking head has her say. Not that I'm expecting anything new but might as well let the dust settle.
Ghost Rider - WWTBMD?
0 traders viewing now