Kicking Off This Week

Today is another national holiday over here in Spain (Easter Monday) and thus I’m posting the morning update a bit earlier as usual as my entire day shifts around a little. As some of you know I have been coding the entire long weekend in order to complete a much anticipated CrazyIvan release. It’s pretty exciting stuff and I’ll be devoting an entire post to explaining what all the hoopla is about. But in the interim I have a ton of very juicy short term setups on the roster this morning – especially Forex is off the hook. So if you’re around it’s time to get busy folks – let’s wield the iron while it is hot:

Starting with equities – the spoos are holding nicely thus far and the 25-hour is carrying without breaking a sweat. There’s however the matter of that daily NLBL at 1,867.5 which expires tomorrow evening. As you can see the range of candles is getting smaller as we are approaching and it’s possible that we are going to see a little shake out today – very hard to gauge as it’s still early. I do however have a ST entry on one of its three futures brethren – but I’ll keep that one for the subs 😉

Here’s a nice one on the Forex front – EUR/CAD – nicely trending up and I want to be long above that hourly NLSL near 1.5288. My stop would be below 1.5215, putting it near that 100-hour SMa.

Quite a bit more below the fold – please step into my lair:

It's not too late - learn how to consistently trade without worrying about the news, the clickbait, the daily drama and misinformation. If you are interested in becoming a subscriber then don't waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Please login or subscribe here to see the remainder of this post.

It goes without saying that you should split your exposure amongst correlated pairs – don’t put 1R into all of them as you would be effectively trading the same currency with a higher R percentage. Alright, have fun but keep it frosty!

Cheers,