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Scotty B replied Jun 19, 2014Holding longs today, no big news out of the US. I'm hoping we can make some ground to the upside. Tuesday is quickly approaching, if you've been reading the news out of Turkey then you know Basci has been hinting at further rate cuts. Many analysts ...
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Scotty B replied Jun 19, 2014Looked again and nothing. How exactly are you sending me messages?
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Scotty B replied Jun 19, 2014Another good day out there, Sir. The data releases have knocked me out of the market a few times in the last couple weeks. Today worked in my favor. I'm hoping we'll see more buying tomorrow. We are still on track towards 2.20.
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Scotty B replied Jun 19, 2014So far I have not received it. No personal messages here on FF and nothing in my inbox. I'll check later and see if it has showed up.
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Scotty B replied Jun 19, 2014I hope everyone is having a good day out there. As most of you probably know, this is an initial claims US data release day. If this news is bad for the Dollar we'll see more downward pressure, maybe down to 2.12. If the news shows strength in the ...
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Scotty B replied Jun 18, 2014I agree this has no doubt generated some selling, but Turkey is the dominating factor here. Hedge funds and big banks want to stay in business, they'd have a very hard time defending a long edit**LIRA** position and the losses it'd cause to their ...
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Scotty B replied Jun 18, 2014Wanted to also add that the idea in trading is to always be thinking ahead a few moves. We see that the market wants to strengthen to dollar over the Lira, Turkey is in trouble right now though. Given the reaction we are seeing, I see this only ...
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Scotty B replied Jun 18, 2014Adding longs at what should prove to be wholesale, low rates in the US isn't really news in my opinion.
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Scotty B replied Jun 18, 2014Yes, fibs can be helpful when you're in a zone without a lot of meaningful S/R. I don't know if the market will reach to the north again today, if it does I'm looking all the way up to 2.1650. Probably way too ambitious a target but we'll see. Right ...
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Scotty B replied Jun 17, 2014Good work today, Islander. I still think we'll see 2.1570, more like 2.1567. This beast has been doing late in the day moves, we'll see. For tomorrow I'm thinking a pull back to 2.1475 and then another move up, maybe 2.1620 (simple fib projection).
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Scotty B replied Jun 17, 2014Scroll to the top of the page and click on your username. Then, scroll down and be looking on the mid right side of the page and you'll see your private messages. You can send and receive these messages right here on Forex Factory.
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Scotty B replied Jun 17, 2014Just wanted to add that the intermediate target will be 2.1570. Once we clear that hurdle we'll see 2.18 in short order. This wave (2.18) will likely come after Basci lowers rates. We are getting close.
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Scotty B replied Jun 17, 2014I think you'll get that (2.1335) and more. I patiently await 2.1305 to be exact. If the market breaks below that look for stop volatility then pin. TWT.
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Scotty B replied Jun 16, 2014Keep the analysis coming, Sir. I sent you a private message unrelated to the markets but relating to Belgium and my family ancestry. Just for trivia's sake.
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Scotty B replied Jun 16, 2014Alright guys, the direction is still absolutely and unblushingly bullish. Fundamentals are strongly against the Lira. We are sitting at a position technically where there are probably a lot of weak hands in the market. As the news in Iraq is ...
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Scotty B replied Jun 16, 2014I knew you were out there bagging all those pips. Nice work. We'll see what the rest of the day brings. I'm off to bed, I'll talk to everyone later in the NY session.
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Scotty B replied Jun 16, 2014One other thing I just wanted to throw out there is that we will here from the FED chair-woman this week. Many are expecting to hear news of further scaling back of QE, bond buying ect. Yellen will also hold a press conference regarding interest ...
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Scotty B replied Jun 16, 2014Thank you for sharing your background with us. Sounds like you've had a very interesting career. Your insights on the situation within Iraq are great. In all the news I've been reading I have come across several mentions of criticism of the Obama ...
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Scotty B replied Jun 13, 2014Sounds like you have a good grasp on the situation and an understanding of the region. Where are you trading from? I'm curious to see you doctor up a map. All I did was highlighted the troublesome border and Mosul. The magnitude of the situation in ...
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