We have context ladies and leeches – that little dip lower yesterday has produced short context which I intend to take advantage of. On the volatility scale the daily is dropping quickly and the hourly is just about to bust higher in the coming hours. So what is a self respecting evil speculator supposed to do?

Time to strike folks – this is a brilliant spot to grab a bit of exposure as we’re literally sitting on the knife’s edge here. I’m currently with a stop near 2011 (I dare you bloody stop hunters!). A short position below it is absolutely on the menu assuming of course the Zero plays ball – so I recommend you watch that one [...]

There’s nothing new to be said about the equities side so I will simply refrain. However that doesn’t mean we’re sitting idle as we’ve got movement across producing many juicy setups in the process. Let’s take it from the top:

First a quick update on the AUD/NZD campaign which now has progressed sufficiently to warrant moving our stop to the break even point.

USD/JPY at a very interesting spot. Look how it’s kissing those daily Net-Lines which also demarcate a falling diagonal resistance line. I’m feeling lucky today so I grabbed some longs based on those rising hourly Bollingers. IF (and only if) this turns into [...]

The bulls are getting closer to turning the tide but are now facing their final hurdle leading to the coveted annual bear stomping season a.k.a. Christmas. The juice ran out just as things started to get interesting and it is here, most likely this week, where the final verdict of 2015 will be decided. Either we’ll scratch it off as a tormented sideways long term correction or it will become known as the moment when the bulls finally were forced to face economic reality. Of course timing the event, as with all things in life, will be essential.

The volume profile chart shows us a pretty solid chasm right above between ES 2020 and ~2045, give or take a few [...]