Mr. Scott's Crayon Thread | Page 222 | Forex Factory

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Mr. Scott's Crayon Thread

  • #4,421
  • Mar 24, 2016 4:11am Mar 24, 2016 4:11am
Quoting Lalu
{quote} I can see a butterbat {image}
Yeah i seen that Ben. Pa just reacted on larger swing 23 fib level
  • #4,422
  • Mar 24, 2016 4:13am Mar 24, 2016 4:13am
Quoting Mr. Scott
{quote} Nice initial. Eu did 127 reaction.... {image}
Think we are moving to your Shark Scott
  • #4,423
  • Mar 24, 2016 4:42am Mar 24, 2016 4:42am
Quoting Lalu
{quote} I can see a butterbat {image}
Hi Lalu, also possible 3 drive + Alt bat / BuBat
  • #4,424
  • Mar 24, 2016 4:43am Mar 24, 2016 4:43am
Another Dax Hourly
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  • #4,425
  • Edited 5:22am Mar 24, 2016 4:46am | Edited 5:22am
Quoting squawk
{quote} Not taking any trades but interesting levels around here. {image} {image}
Nice Bump.
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  • #4,426
  • Edited 5:24am Mar 24, 2016 4:50am | Edited 5:24am
Quoting squawk
Main trades at the moment is shorting the SPX and AU and long GN. Looking at the MXN getting some resistance at the level and looks like a good setup if we get some reversal on Crude. {image} {image}
And the MXN
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  • #4,427
  • Mar 24, 2016 5:49am Mar 24, 2016 5:49am
Quoting sniperdebt
{quote} Hi Lalu, also possible 3 drive + Alt bat / BuBat


I like this crab too

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It's all about bucks, kid. The rest is conversation.
  • #4,428
  • Mar 24, 2016 6:55am Mar 24, 2016 6:55am
Quoting squawk
Can't understand why Brexit is having absolutely no effect on Euro to date. Personally believe that UK would come out better than Europe if there was an exit. I find it amazing that Greece caused such a turmoil on the Euro on the basis that their leaving could cause larger countries to exit yet when we have a real possibility of the second largest economy leaving there seems to be hardly any effect. PS I have no trades in on the Euro........

I ponder this a lot. UK net net would be financial positive imo and have little/no affect on trade. New agreements...More sovereign control, less social/fiscal spending, easy answer is sell the uncertainty/risk.....Think is excuse, reminds me of Scotland.

EU? Bad...Lose strong member, increase odds of collapse, other members getting out/seeking better agreements....

This weekly, still has a chance....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #4,429
  • Mar 24, 2016 6:57am Mar 24, 2016 6:57am
Quoting Lalu
{quote} Amigo you're spoiling us with your pretty pictures. In my dreams this is the macho chart that goes with that micro daily. {image}
This is fascinating chart, can argue entire move is corrective and we have ll, lh, .....20% ain't no big thang except the damage done...
The world you desire can be won. It exists.. it is real.. it is possible..
  • #4,430
  • Mar 24, 2016 7:00am Mar 24, 2016 7:00am
Quoting Lalu
{quote} I like this crab too {image}
So short-term, we have can have nu outperform? Nice setup above, but monthly.....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #4,431
  • Mar 24, 2016 7:17am Mar 24, 2016 7:17am
Quoting Mr. Scott
{quote} I ponder this a lot. UK net net would be financial positive imo and have little/no affect on trade. New agreements...More sovereign control, less social/fiscal spending, easy answer is sell the uncertainty/risk.....Think is excuse, reminds me of Scotland. EU? Bad...Lose strong member, increase odds of collapse, other members getting out/seeking better agreements.... This weekly, still has a chance.... {image}
It puzzles me that the EUR has not been sold down but thats the market I guess. Its surely got to have an effect sooner or later and when it does I think we might see a substantial move. EG is one of the Trades I like the best with the currencies at the moment and one I will trade EUR weakness against. Traded in this morning with the Cable where it is and EUR to finish the down leg at least. Dont know if we have seen the top yet but weekly seems to say that its running out of steam.

As for EUR, think the closer we get to the referendum it should have to effect the Euro.
  • #4,432
  • Mar 24, 2016 7:22am Mar 24, 2016 7:22am
Getting some selling in here.
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  • #4,433
  • Mar 24, 2016 7:40am Mar 24, 2016 7:40am
Quoting squawk
Getting some selling in here. {image}
Have my eyes peeled for a bounce

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It's all about bucks, kid. The rest is conversation.
  • #4,434
  • Mar 24, 2016 7:45am Mar 24, 2016 7:45am
Quoting Lalu
{quote} Have my eyes peeled for a bounce {image}
Hi Ben, I'm trading the long term pattern re positioned in at 2050. See what happens. Good luck with your trade.
  • #4,435
  • Mar 24, 2016 7:49am Mar 24, 2016 7:49am
Quoting squawk
{quote} Hi Ben, I'm trading the long term pattern re positioned in at 2050. See what happens. Good luck with your trade.
Me too I just like to chip away at the average where I can.
It's all about bucks, kid. The rest is conversation.
  • #4,436
  • Mar 24, 2016 7:52am Mar 24, 2016 7:52am
Quoting Lalu
{quote} Me too I just like to chip away at the average where I can.
  • #4,437
  • Mar 24, 2016 7:56am Mar 24, 2016 7:56am
CAD or MXN take your pick. Just trying to map out MXN. Think the emerging markets will be the ones that will benefit the most out of the lower interest rate move by the Fed. ZAR and MXN are 2 I watch.
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  • #4,438
  • Mar 24, 2016 7:58am Mar 24, 2016 7:58am
Thats it for me. Happy Easter to all. Remember one standard Easter egg contains up to 23 teas spoons of sugar.
  • #4,439
  • Mar 24, 2016 8:14am Mar 24, 2016 8:14am
Quoting squawk
Thats it for me. Happy Easter to all. Remember one standard Easter egg contains up to 23 teas spoons of sugar.
Same to you and the family Squawk. Enjoy.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #4,440
  • Mar 24, 2016 8:16am Mar 24, 2016 8:16am
Quoting JunkyFX
Hey Scott. Always a wild ride with the EURCAD. {image}
ECAD moving along slowly. A close above 1.4950 would give this view more credibility.
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