Now Reading
Getting Paid On Thursday
29

Getting Paid On Thursday

Getting Paid On Thursday

by The MoleOctober 30, 2014

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.

2014-10-30_spoos_briefing

Equities have dropped a little lower overnight and we’re now testing the 100-hour SMA. If I wasn’t long already in my ongoing campaign I would be here with a stop below ~1958. If supports fails then the next probable scenario is a visit of the lower 100-hour BB which coincides with NLSL at 1944.5.

2014-10-30_spoos_briefing2

Here’s another view at the scenario on the hourly panel – the onus is now on the bulls to keep up the pace or we run the risk of a little correction.

2014-10-30_platinum_profits

Platinum was one of our short setups from last night and it’s been very favorable so far. Time to move your stop to b/e and to take 50% off the table.

2014-10-30_silver_profits

Silver was the second one and here I’m moving my stop to 1.2R and also take 50% off the table. After such a drop odds are we’re going to see a little counter response.

2014-10-30_AUDNZD_setup

My only setup this morning so I’ll throw it out for free – AUD/NZD. Possible buy here at the NLSL with a stop pretty nearby below 1.124 (the rising SMA). Time for this one to get a move on, so I’ll give it three candles or so and if she doesn’t budge I’m out.

It’s not too late – learn how to consistently bank coin without news, drama, and all the 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.

Cheers,

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator