It really doesn't matter if you're a scalper, intra day or Long term. The most important part is managing risk, long term positions should be leveraged no more that one tenth of your scalping leverage and recommend much lower. You are also more ...

90% of traders fail...

Nice chart Ben. Too many beers and BBQs.

Mr. Scott's Crayon Thread

Nice trade Scott

Mr. Scott's Crayon Thread

Just some thoughts, UC retest area I'm looking at. Think we need a pullback to the possible underside of a trend like an area where volume bar is.

Mr. Scott's Crayon Thread

The second phase run but seems to be slowing. Limited shorts. Would like a decent pullback. Right in support but still like shorts on pullbacks above.

Mr. Scott's Crayon Thread

Long bias on the GN gets whacked this week. Messy trading but some good longs. Open to re-enter longs around this level.

Mr. Scott's Crayon Thread

Like this retest area above. Need some confirmation as could shoot through new high. Mid term lower seems 76 and higher is 82. I like 80ish for shorts.

Mr. Scott's Crayon Thread

Long term prefer break of swing and higher, but have a bias! as long.

Mr. Scott's Crayon Thread

Short but still looking for further down. See if RBA gives any momentum down or reverse.

Mr. Scott's Crayon Thread

Another great chart that shows credit issues Australia. Good read re China url

Mr. Scott's Crayon Thread

You know Im boggled to how the RBA, or the Markets think they can add 200 basis points to this (unless we get quick wage inflation). Remembering Aussie GDP is 58% consumerism. Again with all these dynamics, Oceania would have to be at the highest ...

Mr. Scott's Crayon Thread

NC looking like it might have a chance to break long term support level here. Negative comments on Kiwi rates may do it.

Mr. Scott's Crayon Thread

Remaining long on UC. Got some targets at around 1.30.

Mr. Scott's Crayon Thread

Do you think this will have any bearing Jim? Be interesting to see how it pans out. The currency, Technically Rand looks like it wants to break to upside.

Mr. Scott's Crayon Thread

Good chart showing global loan book for Res property. NZ not listed but similar to Australia. You have to wonder when consumer spending is making up 58% of GDP at the moment how when the purse strings tightens how much consumer spending will drop. ...

Mr. Scott's Crayon Thread

Hadn't looked at this one Scott but it is looking good on your chart.

Mr. Scott's Crayon Thread

I think Jesse Felder had a guy on one of his podcast talking about the ETFs a while ago.

Mr. Scott's Crayon Thread

Who said retailers aren't in the market. What I wonder about all this passive ETF investing is how are stocks getting priced now? I mean in the past when I bought a stock, say McDonald's and bad data starts coming in then it would get sold! now if ...

Mr. Scott's Crayon Thread

Cheers Jim, likewise.

Mr. Scott's Crayon Thread

GU Great place for a reversal if we get negative outcome today.

Mr. Scott's Crayon Thread