Brilliant Context
Brilliant Context
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 like a hawk today and tomorrow.
Alright, let’s catch up on some of our recent campaigns:
Bond Update – pretty nice entry there yesterday and we’re moving our stop to break/even.
EUR/JPY Update – jeezes – I got to remember to mail another envelope to my main man Draghi. Taking aaaample profits here and I’m outta here 🙂
AUD/CHF Update – looks like she’s ready to pop. Stop near the 1R mark.
Soybeans Update – stop a bit above break/even – just below the 100-hour.
Corn Update – this one could go all the way – stop to break even.
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Cheers,
