Hi Davit, Great trade there hope all works to plan. Yes and think ECB QE is a given, Euro Banking situation, bearish Feb and March on the Euro all round. Good luck buddy.

Mr. Scott's Crayon Thread

ZAR trade working but choppy.

Mr. Scott's Crayon Thread

EC another long term set pattern. Lot of pips here if the Euro gives up some and folds.

Mr. Scott's Crayon Thread

Added more position into the trade Thursday. Expecting bumpy ride to the downside.

Mr. Scott's Crayon Thread

EG - This one I like down to 76 and 74 and even possible test back to the lows. A couple of shorts on with a nice close below last push high. 1st trade mid Thursday failed with follow through.

Mr. Scott's Crayon Thread

Hi Scott, would have been nice to hold that trade from 120. Market shook me out. 110 is where I am looking. Intervention??? Tomorrow! BOJ on holidays today so interesting to see if they come out with something tomorrow with this dive.

Mr. Scott's Crayon Thread

Nice Plan Chris.

Mr. Scott's Crayon Thread

Nothing like living by the beach Chris to cure your ills.

Mr. Scott's Crayon Thread

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.

Mr. Scott's Crayon Thread

Yeah always mate and a good access to a health system to.

Mr. Scott's Crayon Thread

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.

Mr. Scott's Crayon Thread

GU looking possible higher if it breaks Pivot. I like trading Trader VICs 2B rules for these setups.

Mr. Scott's Crayon Thread

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.

Mr. Scott's Crayon Thread

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... ...

Mr. Scott's Crayon Thread

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.

Mr. Scott's Crayon Thread

Good read from Hedgeeye. Link

Mr. Scott's Crayon Thread

Had this one mapped out since the pullback to 80. What now? All seems to be mapping out Fundamentally and Technically. You would think that the Commodity story news could not get any worse?? Interest rate increases seem to be more and more of the ...

Mr. Scott's Crayon Thread

Hi Scott, Equities seem to be holding by a thread but you have to take these areas with a stop or miss a possible nice turn. some reaction so maybe a pull back over Asia since some was closed for New Year.

Mr. Scott's Crayon Thread

Euro and Yen still tightly correlated on risk.

Mr. Scott's Crayon Thread