Clip on Euro crisis from last year (John Maudlin) Talks about France and Italy in the future. Waving a wine glass around so could half drunk. I respect this guys opinion but doesn't mean it plays out. video

Mr. Scott's Crayon Thread

Hi Ben, nice chart. Eur has nice nice range patterns lately. I'm not really watching short term on the EUR but bearish near top of range on very low margin until proves otherwise.. Thinking it has a final wave run close to parity technically. ...

Mr. Scott's Crayon Thread

A couple of pairs (i.e antipodean) that normally (with Risk on) have a high correlation with the SPX

Mr. Scott's Crayon Thread

Another key showing money moving to defensive positions in equities with Utilities having a large chunk of the money flow.

Mr. Scott's Crayon Thread

This is an interesting chart which shows a greater bias of Capital moving towards bonds, defensive than equities. Low volume new highs on SPX.

Mr. Scott's Crayon Thread

Closed half long position here on GN. Looking to taken second of if momentum falls away. I like a short from around the 1.8850 and 1.618 but have to see if it gets there.

Mr. Scott's Crayon Thread

Sorry Scott last on as seems to always be crowding out your thread sometimes. MXN setup opp. Didn't hold this long enough on the run down but H&S setup possible but waiting patterns harder to trade on this pair.

Mr. Scott's Crayon Thread

Highly correlated last move with Yen and 10 year. Got a nice trade in on the A/J but have taken some of here. Looks mabe a deeper run to 86 is possible but running into a level here.

Mr. Scott's Crayon Thread

Taken out 50% of this trade. In at 1.035 and trading for a final target of around 1.10. Running into strong level where it spiked down on Keys comments on NZ housing bubble. Imagine there are some orders here with a gap up that probably needs to be ...

Mr. Scott's Crayon Thread

Nice close of the cycle here. Taken some and waiting for a pullback and some consolidation.

Mr. Scott's Crayon Thread

Some positive comments from BOC, break of lower swing and NZDCAD top level, may offer a nice trade setup again on this pair? thinking a fill at least back to around 250

Mr. Scott's Crayon Thread

Couldn't agree more merquise with your points and with the discretionary trading for levels, price, price action but attached to that is a trading model or rules set to get you in and out. My experience is you really have to be centered around a ...

95% of the time Price will close above or below the open price

nice post NorthTrader.

95% of the time Price will close above or below the open price

Good luck to you.

95% of the time Price will close above or below the open price

No problem Scott.

Mr. Scott's Crayon Thread

Absolutely. Knowing when to trade and being patient until that happens is the edge. The other edge is to know what to do when it gets there. Having a probability trading model that gives you the confidence to trade the intra day move if thats your ...

95% of the time Price will close above or below the open price

This is spot on unless you have an edge in understanding when and when not to trade it. Here lies the success on any type of mechanical entry system of this type. If you understand maybe when the market is re balancing and trading back then ...

95% of the time Price will close above or below the open price

I think these charts are telling the story at the moment. Looks like money is happy to chase yield at a high risk.

Mr. Scott's Crayon Thread

I wrote this system paper a long time ago (back in 2006). I had only been trading a few years, so it is a bit green in certain areas. The relevance of it is based on what your trying to achieve, trading of a line intraday. However to make this sort ...

95% of the time Price will close above or below the open price

Likely to help the Aussie with the result mostly finalized over the weekend. Should eliminate the uncertainty that was around for possible hung parliament. Federal election results 2016: Coalition will be able to form government

Mr. Scott's Crayon Thread