Thanks Scott. There is one coming the crude trade is crowded on the short side but needs a trigger, I was hoping that would be OPEC but nop. Technically it looks like that last little push that happens so much for lows on the swing of a fifth leg in ...

Mr. Scott's Crayon Thread

Took some of the table on this trade before OPEC but overall got a decent lose - 300. Bom, bom Theres an Elephant trade in here somewhere....... back to watching patterns.

Mr. Scott's Crayon Thread

My positions in Crude. Could be in for a combined 600 point lose against me if OPEC is overly bearish today. I think the upside is 45 - 50 by year end if any surprises. Early internal reports signalling no decrease in production.

Mr. Scott's Crayon Thread

OPEC meeting today. With all the volume positions to the short side at the moment you wonder if OPEC were to give any hint of production decrease we could get a short side cover similar to the euro yesterday.

Mr. Scott's Crayon Thread

How much of this do you see around FF. The trader’s biggest enemy is their own EGO. Ego: a person’s sense of self-esteem or self-importance. 1. The new traders with big egos always have but confidence in their trading ability before developing ...

Mr. Scott's Crayon Thread

Underwater in Crude at the moment but anticipating upside move after OPEC verbiage other wise cut out.

Mr. Scott's Crayon Thread

Hi Scott. AU holding below positive GDP number spike up. Could be a nice signal for sell down if Europe follows. Numbers are coming out a lot more positive from AUD lately and maybe slowly taking of any additional interest rate move down for now. ...

Mr. Scott's Crayon Thread

Hi Davit, I agree but it's showing no signs of dumping yet. Maybe Stevens speech, GDP or OPEC meeting on Friday is important and may trigger it. I have my eye on it to as I'v got some positions in Crude to the upside. Aussie seems to be showing more ...

Mr. Scott's Crayon Thread

Hi Davit, I agree the Aussie dollar has been showing significant strength this week against all other pairs but has been diverging against the commodities. In my view the Aussie seems to be in the last leg of downward long term move against the ...

Mr. Scott's Crayon Thread

Hi Davit maybe a turn around for you on the CAD. Crude has popped the base and looking like it may hold gains into the close leading the markets.

Davit's Confluence Trading

Interesting to see what Crude does next week at this level. CAD could be looking good.

Davit's Confluence Trading

Thanks Davit I like it to and so true. Good luck with your CAD shorts..

Davit's Confluence Trading

Hi Davit good to see you posting back in your Journal. Waiting for Crude to touch the base.

Davit's Confluence Trading

No worries Scott, It was for my diary anyway. I think its interesting to understand other traders thought process as there is normally some benefits in most traders process of entering and managing a trade. This sort of process is useful for those ...

Mr. Scott's Crayon Thread

Mapped this out this morning because I just find it educational for traders who trade candle stick wicks/price action setups without looking inside the candle and where the upper volume was traded in relation to current flow of orders. Here is a ...

Mr. Scott's Crayon Thread

Could be some nice trades on the CAD and NOK if oil holds this last base and bottoms.

Mr. Scott's Crayon Thread

GA has same. EA could line up to be a great mid term trade after it flushes out if those AUS numbers hold up from yesterday.

Mr. Scott's Crayon Thread

Great performance, some nice tunes.

Mr. Scott's Crayon Thread

Lalu I was thinking something more like this for the cypher. But I don't trade the DAX.

Mr. Scott's Crayon Thread