Mr. Scott's Crayon Thread | Page 311 | Forex Factory

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Mr. Scott's Crayon Thread

  • #6,201
  • Sep 29, 2016 2:23pm Sep 29, 2016 2:23pm
Quoting Mr. Scott
Probably to no ones surprise, wages and salaries make up the largest share of household income. But this share has been steadily shrinking, from 63% in 1947 to 49% today. Proprietors income (the income of the self-employed) has also shrunk, from 19% down to 9%. Obviously, other shares must be growing. Capital income has grown from 8% to 14%. Supplements to wages and salaries (benefits for health, retirement, vacation, etc.) have grown from 5% to 12%. And transfers from the government have grown the most, from 5% to 17%. ​No comment. {image}...
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  • #6,202
  • Sep 29, 2016 2:26pm Sep 29, 2016 2:26pm
Quoting Mr. Scott
{quote} So didn't post this last night as thought irresponsible, but added confluence to AU. Still pretty cool though. {image}
Was watching to but didn't take. Nice trade Scott.
  • #6,203
  • Edited 2:50pm Sep 29, 2016 2:34pm | Edited 2:50pm
Quoting Lalu
{quote} 127 Butterfly had a good hit. Still looking for higher. {image}
Could be Ben. Euro doesn't seem to want to go anywhere at the moment which I can't understand. It just boggles my mind when we have Brexit, lots of political risk, Huge banking risk and there is absolutely no volatility or movement. Prefer GN at the moment.
  • #6,204
  • Sep 29, 2016 4:12pm Sep 29, 2016 4:12pm
Peso trying its best to take me out of the trade but in from high above so have the luxury of watching. Volatility swings are going to be high for Peso especially when they surprise market with 50 basis point increase today.

I know no one is interested in PESO but for those unaware the Peso is 10th most traded currency and is used to Hedge risk globally so worth keeping an eye on especially at the moment with the Election as it seems only vehicle representing the risks.

Statement from Bank of Mexico.

In its policy statement, the Bank of Mexico said it is “closely watching the exchange rate and possible pass-through to prices” but added that it isn't targeting a specific exchange rate. The bank didn't rule out further depreciation of the currency due to an “uncertain external environment.”
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  • #6,205
  • Sep 29, 2016 7:17pm Sep 29, 2016 7:17pm
Quoting squawk
Peso trying its best to take me out of the trade but in from high above so have the luxury of watching. Volatility swings are going to be high for Peso especially when they surprise market with 50 basis point increase today. I know no one is interested in PESO but for those unaware the Peso is 10th most traded currency and is used to Hedge risk globally so worth keeping an eye on especially at the moment with the Election as it seems only vehicle representing the risks. Statement from Bank of Mexico. In its policy statement, the Bank of Mexico...
I am fascinated by peso, mostly for election now. Just missed 127/382 of last swing, gl Squawk.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,206
  • Sep 29, 2016 7:18pm Sep 29, 2016 7:18pm
Quoting Lalu
{quote} 127 Butterfly had a good hit. Still looking for higher. {image}
Forgot to comment, nice chart Ben, had same.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,207
  • Sep 29, 2016 9:47pm Sep 29, 2016 9:47pm
Risk....Sorry lot going on here, is ok should play.
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,208
  • Sep 30, 2016 12:24am Sep 30, 2016 12:24am
Quoting Mr. Scott
{quote} I am fascinated by peso, mostly for election now. Just missed 127/382 of last swing, gl Squawk.
Glad to hear Scott.... so that makes 2 of us. Maybe Ben will join in soon.
  • #6,209
  • Sep 30, 2016 12:57am Sep 30, 2016 12:57am
GA will need thrusters on full to escape the Shark/Cypher nebula



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It's all about bucks, kid. The rest is conversation.
  • #6,210
  • Sep 30, 2016 12:59am Sep 30, 2016 12:59am
Quoting squawk
{quote} Glad to hear Scott.... so that makes 2 of us. Maybe Ben will join in soon.
Maybe I ought to :nerd:
It's all about bucks, kid. The rest is conversation.
  • #6,211
  • Sep 30, 2016 1:13am Sep 30, 2016 1:13am
Quoting squawk
{quote} Looks good Scott. SPX in area as well. Shorted the SPX today first time in months. {image}
Nice call on the AU Scott.

Bit of SPX and AU.
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  • #6,212
  • Sep 30, 2016 1:14am Sep 30, 2016 1:14am
AN with AU.
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  • #6,213
  • Sep 30, 2016 1:15am Sep 30, 2016 1:15am
Quoting Lalu
{quote} Maybe I ought to :nerd:
Real traders trade Peso Ben...
  • #6,214
  • Sep 30, 2016 2:11am Sep 30, 2016 2:11am
Quoting squawk
{quote} Real traders trade Peso Ben...
You're my inspiration man!
It's all about bucks, kid. The rest is conversation.
  • #6,215
  • Sep 30, 2016 2:12am Sep 30, 2016 2:12am
Another GAP down on Deutsche
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  • #6,216
  • Sep 30, 2016 2:13am Sep 30, 2016 2:13am
Quoting Lalu
{quote} You're my inspiration man!
Now we are both screwed...
  • #6,217
  • Sep 30, 2016 2:16am Sep 30, 2016 2:16am
I'd say the Deutsche Doline threat level is high today. Run to $$$?
It's all about bucks, kid. The rest is conversation.
  • #6,218
  • Sep 30, 2016 2:24am Sep 30, 2016 2:24am
Quoting Lalu
I'd say the Deutsche Doline threat level is high today.
In single digit. I said yesterday I wasn't trading EUR but punted a trade here this morning on Deutsche.

Free trade now. See what happens.
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  • #6,219
  • Sep 30, 2016 2:32am Sep 30, 2016 2:32am
Quoting squawk
{quote} Top down add in level is around the 50% depending on action. {image}
NC?
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  • #6,220
  • Sep 30, 2016 2:33am Sep 30, 2016 2:33am
Quoting squawk
{quote} In single digit. I said yesterday I wasn't trading EUR but punted a trade here this morning on Deutsche. Free trade now. See what happens. {image} {image}
Nice grab amigo
It's all about bucks, kid. The rest is conversation.
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