Coffee Is For Closers!
I just couldn’t do it. It’s Veteran’s Day and I was thinking of taking the afternoon off. Of course I made the mistake of mentioning that in the comment section and almost had a revolt on my hands. But right you were! Much to my surprise I ran into a ton of juicy setups today – far too many to pass up. Since we’re running late in the session let me run through them quickly:
But before we get to the meat – here’s a quick update on soybeans. Thought I had forgotten about that one, did ya? Not a chance – as you may recall we got two opportunities for a short entry and after playing hard to get for a week it finally went on its way. That was another for the books – what a nice run and now it’s time to take profits. If you took this one then congrats! Hard work and discipline always pay off – so keep it up! Who knows how many of today’s setups we’ll talk about in a week or a month from now!
So here are bonds, the 30-year futures contract – inside day! If you don’t know the rules please consult the cheat sheet (there are quite a few more today).
The greenback is also painting an inside day today. You know what to do.
And even the spoos are giving us an inside day + 4 day narrow range combo. Git ‘er done!
Two more freebies since it’s Veteran’s day – here’s GOOG at the 100-day Maginot Line. Is this a last kiss goodbye (LKGB) or are we testing that NLBL? I would use the 100-hour SMA as my entry.
AMZN – inside day + NR4 – I guess when it rains it pours! On the stock front I usually want to see a decisive breach, so let’s see what tomorrow brings.
There’s quite a bit more – please step into my lair:
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Thought I’d let you down today, silly ratlings?
This entry was posted on Monday, November 12th, 2012 at 3:05 pm. Both comments and pings are currently closed.