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Scotty B replied Jun 4, 2014I'm in long again today. I'm hoping this thing will stand up on it's hind legs and really reach. This hour's low may be the low of the day, good place for stop loss but next hour could reach below that as the odds favor next hour a bit more. My ...
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Scotty B replied Jun 3, 2014The Turkish Economy Minister is Mr. Export man. He'll say all he can to drive down the value of the Lira. This isn't news really but we haven't had any good analysis out by a major publication regarding the Lira in days (which help drive the ...
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Scotty B replied Jun 3, 2014Excellent work today, fellas. I live in the midwestern United States and stay up long enough to get into a position and then head off to bed. They stopped me out today..But that's how it goes I suppose when I'm doing a large position play. Thats one ...
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Scotty B replied Jun 3, 2014Trying for a long. Stop below the most recent low bid of 2.0978. Target 2.1150. I thought we were going to see another bear day until this pin bar showed up. TWT.
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Scotty B replied Jun 2, 2014Thank you for your insights today, Islander. I took profits up at 2.1069, just below the daily 30 ATR. I thought about it this past weekend and I feel bad when folks follow me and lose trades, even though I tell them not to. So, from now on I'm ...
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Scotty B replied May 30, 2014Well guys, the US data kicked my butt yesterday. I'm still in the game hoping for some upward movement today. No way we will see 2.13 to end the week as I had predicted but longer term I remain bullish. I believe the market will shrug off this US ...
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Scotty B replied May 29, 2014Yes we'll see. I've all but ruled out shorting this anymore, the higher TFs are looking like they are at a threshold, the bears are trying to push this down. From all I've been reading, the interest rate cut this month was meant to discourage any ...
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Scotty B replied May 29, 2014The US data releases did not help us out this time around. I still have skin in the game. We'll see what they want to do with it. Patience.
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Scotty B replied May 29, 2014I can hear the crickets in here, they are hurting my ears! I've held a long since the late NY session. Anything could happen but this thing is due for a good bull day, so far they've been somewhat tame. I'm just twiddling my thumbs here as the ...
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Scotty B replied May 28, 2014One more thought here. The news coming out of Turkey is really overheated. I think we'll see one more decent spike before week's end. Adjusting as I always do, I'm eyeballing 2.13 as a high for this week. I will not be surprised if the CBRT caves to ...
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Scotty B replied May 28, 2014That's awesome, you're a lucky man. I'm from the midwest here in the US and it's finally green and warm here after a long cold winter. One of these days I'll pack the family up and head south. BTW, I'm the captain of a land yacht, I call it the ...
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Scotty B replied May 28, 2014Excellent work as always, sir. I'm watching the flag break as I type. We are still 40 minutes out from when this thing usually gets running, We'll see what happens. On an off note, we know you're the yacht captain, are you cruising your own yacht by ...
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Scotty B replied May 28, 2014Ha, well that happened quickly I got 2.1003. Think she'll give me 2.0975?
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Scotty B replied May 28, 2014Alright, the spreads have tightened a couple times here in the last hour and the ask has been inching downward. I'm looking at the obvious 2.1 mark for support today. We may see a stop spike under the 2.1 level but as the market is working on ...
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Scotty B replied May 27, 2014Sounds about right. I trade through Oanda where the swap is prorated. If one can grab these large swings the swap isn't the end of the world. Just wait, we may see the swap come down real soon: Basci


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Scotty B replied May 27, 2014Good day out there! The market can't get too ahead of itself now. I believe we'll see a tempered uptrend until the CBRT signals it's time to sell again. I'm predicting an average slope of 25.8 pips per day from the latest low on the daily where this ...
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Scotty B replied May 27, 2014Really depends on the day. If things go okay and if I end up catching these swings right I don't sweat the swap too much. It's a cost of doing business.
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Scotty B replied May 27, 2014Yes, Sir. Every little bit helps. Maybe Basci will feel the need to unravel interest rates a little more. Turkey needs the Lira to remain weak for the next couple quarters. They will do what they have to to accomplish this. As a speculator, i'm more ...
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Scotty B replied May 27, 2014I missed part of this ride waiting for my precious stop hunt. After we took out 2.09 I knew there would be no turning back so I pulled the trigger. I think we'll see 2.1025 by the time London and New York are done, then we can buy more tomorrow at ...
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Scotty B replied May 26, 2014I think I'm the only bull around here. Now that the Americans are sobering up after their three day weekend, I'll be looking to get long when the stops below 2.08 are taken out. My first target for the week will be 2.1. Have a good week everyone.
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