You may not know it watching this snoozer of a session but today is an excellent day to grab a few juicy setups. For we are having ourselves a veritable Inside Day Frenzy!

What – you didn’t bring your own inflatable man size plastic bubble? Look, if you can’t get on board with the essentials of trading then I don’t know how to help you. Moving on… I got some packing to do.

Quick disclaimer before I toss them all on the wall – obviously the tape is still moving about, so those top/bottom inflection points may shift by the EOD. Also – if we push above/below on yesterday’s candle on any of those the setup is bust. If [...]

Well – in short: we are outta here. After spending over twenty years in Los Angeles Mrs. Evil and I decided that it was time for a change of pace. It’s not that we suddenly got sick of all the sunshine and the easy life style over here in Los Angeles. Rather being both native Europeans we really started to miss much of our old identity and were starting to lose some of our close friends and family. You know how it goes – out of sight out of mind.

So after Stripey and Squeaky (our two genetically modified cats) died merely eight months apart due to illness we suddenly found ourselves free like birds. And as that last hurdle to moving on had given way [...]

If you have been wasting your time watching this mind numbing OPX session then I suggest you give your tortured eyeballs a rest and follow me over to the FX side where you may actually find a solid edge. Before we get started I would however like to make a quick pertinent pre-announcement. For weeks now I have been promising everyone an update on the FX Broker front and I plan on posting some pretty exciting details this weekend. In that context you may recall my write up on ECN brokers – if you missed it you may want to point your browser here.

I have a small gift basket of FX setups today – here’s the one I threw out yesterday – EUR/JPY. Very [...]

I don’t need to read the news (which I haven’t) to know that we are shaking out some weak hands here. Which way this thing is going to resolve is yet unclear but I do have a few pertinent charts that should give you a leg up or two:

Things are moving fast so I better hurry as I already had to re-capture some of my charts. The volume profile panel shows us playing the musical chair game around 1380 and if you are dumb enough to participate you may find your ass in a sling instead of a chair.

Since I took this screen grab we actually have dropped through the 100-hour SMA and then pushed back up a little. Currently we are trading at 1374 1371 [...]