Mr. Scott's Crayon Thread | Page 342 | Forex Factory

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Mr. Scott's Crayon Thread

  • #6,821
  • Nov 2, 2016 2:11am Nov 2, 2016 2:11am
Quoting Lalu
{quote} At a glance I'd say the shark looks like a nice spot.
NCAd at shark now

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It's all about bucks, kid. The rest is conversation.
  • #6,822
  • Nov 2, 2016 2:20am Nov 2, 2016 2:20am
Quoting squawk
AN Back on radar. {image}
Morning amigo. Watching too. I like the crab at the bottom and if we get there, well, you know, parity radar turns on again. But let's cross that bridge when we get to it. Is NU a refuge in turbulent times? I reckon it would be.
It's all about bucks, kid. The rest is conversation.
  • #6,823
  • Nov 2, 2016 2:40am Nov 2, 2016 2:40am
EC, Crab match with monthly 382
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #6,824
  • Nov 2, 2016 2:56am Nov 2, 2016 2:56am
EA, shark or cypher
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #6,825
  • Nov 2, 2016 2:59am Nov 2, 2016 2:59am
Quoting Lalu
{quote} Morning amigo. Watching too. I like the crab at the bottom and if we get there, well, you know, parity radar turns on again. But let's cross that bridge when we get to it. Is NU a refuge in turbulent times? I reckon it would be.
Morning Ben,

I like the lower to. Would like it to get there. I not saying no because, who knows? but think its chance of parity has come and gone.

NU and AUD are risk currencies so both should be getting sold of, especially when the SPX is getting sold of as well. But markets are strange at the moment and its been acting like a safe haven and being traded like fixed income, only because all those pension fund chasing high risk yield. End of the day they have to pay there pension some how so they need the money. But all commod currencies should be Risk-Off because Equities and commodities should be falling in that environment. But it's all screwed....... If risk continues to be off it will get sold off.

If markets are rational should be
RISK OFF
Up EUR, YEN, SWISSY
Down AUD, CAD, NZD

Per GDP its the largest traded by far at over 55% of daily GDP and the next closest is the Swissy at 40%. So it punches way over its wait. Its valuation makes no sense at the moment but...... (to me anyway) seeing a currency get stronger when its in a rate cut cycle makes no sense.

As Mark Twain said, something like this;

Its not what you know that gets you in trouble
Its what you know for sure that isn't true gets you in trouble...
  • #6,826
  • Nov 2, 2016 3:06am Nov 2, 2016 3:06am
Quoting squawk
{quote} Morning Ben, I like the lower to. Would like it to get there. I not saying no because, who knows? but think its chance of parity has come and gone. NU and AUD are risk currencies so both should be getting sold of, especially when the SPX is getting sold of as well. But markets are strange at the moment and its been acting like a safe haven and being traded like fixed income, only because all those pension fund chasing high risk yield. End of the day they have to pay there pension some how so they need the money. But all commod currencies...
Ha ha yes good one. Thanks for the reply.
It's all about bucks, kid. The rest is conversation.
  • #6,827
  • Nov 2, 2016 3:27am Nov 2, 2016 3:27am
UJ
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #6,828
  • Nov 2, 2016 5:43am Nov 2, 2016 5:43am
Quoting Lalu
{quote} NCAd at shark now {image}
Also alt at dt, but looks like failure....
The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,829
  • Nov 2, 2016 5:46am Nov 2, 2016 5:46am
Quoting Mr. Scott
{quote} GN wanted it all along.... {image}
Shame was not able to hold on....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,830
  • Nov 2, 2016 5:49am Nov 2, 2016 5:49am
Quoting squawk
{quote} Took my profit for the Peso on that one. Touch before target but thats what you call a lucky spike. Any chance this election could become a farce and Obama sit another term? {image}
6 days....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,831
  • Nov 2, 2016 5:51am Nov 2, 2016 5:51am
So they will cut rates and us will raise but how many times?
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,832
  • Nov 2, 2016 6:27am Nov 2, 2016 6:27am
Quoting Mr. Scott
So they will cut rates and us will raise but how many times? {image}
I think maybe only one for both but If they both follow through on a cut and a increase then does it still make sense to chase income in the Kiwi or treasuries. If Im a pension fund where are I going to put my money to get income?
  • #6,833
  • Nov 2, 2016 6:58am Nov 2, 2016 6:58am
Quoting Lalu
{quote} Looks good {image}
She still have crab, gu at 127 now 1618 is 113....
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,834
  • Nov 2, 2016 10:49am Nov 2, 2016 10:49am
EURCHF
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #6,835
  • Nov 2, 2016 10:57am Nov 2, 2016 10:57am
EA
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #6,836
  • Nov 2, 2016 11:03am Nov 2, 2016 11:03am
Quoting fxderek
EURCHF {image}
Nice job.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,837
  • Nov 2, 2016 12:22pm Nov 2, 2016 12:22pm
Dax - some levels
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It's all about bucks, kid. The rest is conversation.
  • #6,838
  • Nov 2, 2016 2:16pm Nov 2, 2016 2:16pm
UJ, nice confluence
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Voll Verdienst, doch dichterisch, wohnt der Mensch auf der Erde.
  • #6,839
  • Nov 2, 2016 6:29pm Nov 2, 2016 6:29pm
Quoting Mr. Scott
{quote} Shame was not able to hold on.... {image}
And...
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The world you desire can be won. It exists.. it is real.. it is possible..
  • #6,840
  • Nov 2, 2016 6:31pm Nov 2, 2016 6:31pm
Quoting Mr. Scott
{quote} She still have crab, gu at 127 now 1618 is 113.... {image}

Same number different way.

Quoting Bones
its difficult for US to change this w1 ,spookily politics enter $'s world also 12360 is an important level {image} {image} {image}
The world you desire can be won. It exists.. it is real.. it is possible..
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