I think if you squint you can see Bernanke’s middle finger on the spoos chart. Anyway, some interesting moves on the FX front – let’s dive right in: [amprotect=nonmember] Charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck. [/amprotect] [amprotect=1,13,9,12,5]
NZD/USD – seems to be holding its daily NLSL – at least that push above looks pretty encouraging on the hourly. I think being long here is not a bad setup and I [...]
With all the drama in the MSM and red candles galore in recent months it’s easy to lose perspective and either find yourself being lured in the wrong direction or to become emotional and wind up missing out on perfectly good technical setups. The reason why you keep coming here is because the name of the game for Evil Speculator is to keep you ahead of the curve so that you won’t find yourself being the last schmuck in a game of musical chairs. After all the game is geared to be a sucker’s play by feeding you a ton of information that is completely useless in order to make you think what they want you to think. In essence the financial MSM is tantamount to a sheep [...]
Well Volar is headed out for the week end, but not without a few charts. Here is some just released data; NAZ COT and NAZ short interest.
Here is the COT.
I am fairly sure I warned you all about why we were not going to squeeze higher a while back (multiple times)…. and now I am doing the opposite.
More charts for the subs below: [amprotect=nonmember] More of Volar’s charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your [...]
It’s summer in the Northern hemisphere – which means days are longer, the skirts are shorter, and equities are flipped into in sideways mode. Trading the swings today and in the past few days may be to the liking of you hardcore scalpers but I personally use it to hone my skill in practicing patience. Always remember – *you don’t have to trade* as in sessions like these the odds of success are rather limited. Leave it up to the bots to sling it out with each other and save your coin for a better day.
Now, that doesn’t mean that the daily charts aren’t able to tell us a little about the road ahead, therefore it’s time again for [...]