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Scotty B replied Mar 30, 2008Markdabid — I was looking at your chart again and I couldn't tell about that dogi. If that dogi closed low in that lower channel I think the middle line could be hit again.
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 30, 2008Hey pal — Very good chart! You've identified two strong areas of support and resistance. Your upper ellipse doesn't allow the candles to close inside the channel and your lower one doesn't allow low closing candles either. I would watch both ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 30, 2008Hey — Is that a good or bad thing?

Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 30, 2008Hey — I already responded to this on Malcomb's thread, but for everyone else...The ellipses above are legitimate ones, the one with three lines worked great! Price closed past the first one, saying it would go to the middle, but then ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 30, 2008lookie here — Ellipse drawn with market angle. A close below the trend line..She'll be back with a vengeance to touch that middle yellow line. Because I used a low market angle it should not be a problem for this line to be touched. I like the ...
GBPJPY scalpers
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Scotty B replied Mar 30, 2008Hey dagoods! — Those are all legitimate, The one you have drawn with the three lines worked out great! Isn't fascinating to see the market follow lines YOU draw? My only critique would be to flatten those angles a little bit. If things get to ...
GBPJPY scalpers
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Scotty B replied Mar 30, 2008Hey — I think we will see 199.20 and then a downward bounce. I'm playing with my ellipse method and I just wanted to throw that out there.
GBPJPY scalpers
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Scotty B replied Mar 30, 2008Geppy following the Scotty B arbitrary ellipse principle! — Check it out! pretty cool! Found good support on the edge of my ellipse. It will probably follow the arc down ward. It could pierce the ellipse but the close price will most likely ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 30, 2008Scotty B’s Elliptical Obligation Principle — Scotty B’s Elliptical Obligation Principle (back after edit) After months of utter frustration with the ellipse and trading, I have finally found a way to practically utilize this tool. I hope you ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008Yes it will. It was a blanket statement to make a point. Keep in mind though that the break will occur in the direction a candle closed. This is really simple and I think I made it too complicated.
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008Hey — Okay I'll try to answer these...
... I like drawing the grid from swing lows to nearby higher lows, or from swing highs to near by lower highs. Things seem to work best that way although you could go from swing to opposite swing. Really ...Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008Dagoods — Sorry...I misread your question. You were referring to the fibbin diamonds technique. It's time to draw a new grid when one of the extensions is INITIALLY and CLEANLY met to the pip.
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008Hey friend — I'm glad you are getting it! Whew! Ok I'll attach a chart as an example. As for the Gann grid. You could trade off the same grid until the sun burns out if you wanted to. I was trying to get the kid who says it doesn't work to ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008Ok Ok...What would a price chart look like if not a soul knew about fibs, MAs, Gann ect? Why do things in nature with uncountable influencing dynamics adhere to certain ratios? Why should it be of surprise if prices follow those same 'natural' ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008I understand what you're saying and the perspective you're coming from. I have said a few times that I am a student of Skunny's. Skunny is a member here on forex factory and started a thread a while back called Indicator Free Trading. It opened my ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 29, 2008Reading Candles — I had this bit of trivia I am about to present up the other day but deleted it because I added in to much insubstantial fluffy candy to the content and the message was hard to understand. I want to talk a little bit about ...
Mission Discovery: Think Outside The FX Box
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Scotty B replied Mar 28, 2008A better picture — We'll certainly see malcomb! Have a good one man!
GBPJPY scalpers
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Scotty B replied Mar 28, 2008Hmm — I think the price will range between 202 and 192 until somewhere close to April 20. Next week sometime she should make it down to ~ 194.50. Then she'll come back up the week after that but won't break the high of 201.80, but will get ...
GBPJPY scalpers
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Scotty B replied Mar 27, 2008One more thing — If she can make a decent move up out of the blue box, I would say the pattern is a no go this time around.
GBPJPY scalpers