I just spent half an hour putting together two very juicy looking precious metals setups for you guys when silver suddenly fell off the plate, probably due to Draghi sneezing or passing some type of verbal flatulence. Gold fortunately seems to be less affected and if you act now you may just be able to snag one grade A entry:
I’m waiting a few more minutes for Draghi to finish and if she holds plan on grabbing a long position near 1200 with a stop a few ticks below 1197. However if that spike low gives then the entire formation is going bust and we may actually try a short entry on a retest of the 100-hour SMA.
Otherwise I won’t be doing much [...]
And we are officially ticking in 2017! I trust you enjoyed a memorable holiday season and are now ready to slowly abandon each and every New Year’s resolution you committed yourself to just last week. Personally I’m pretty proud of myself as I survived yet another Christmas without adding a single pound. Plus I spent much of the past 10 days collaborating with Scott and a few others on an improved version of Scalpius. I’ll be sharing more on that that as we’re forward trading the system over the coming two months.
Here comes the cold and the dark. If you are like me and hate winter with a vengeance then you may be pretty depressed today. But let’s not forget that there’s an upside. Today being the shortest day of the year also means that it only gets better from here, as every new sunrise brings us a few more minutes of daylight. The contrast in daylight hours is actually a lot more pronounced over here in Europe, even in the South of Spain. Back when I was living in Germany I recall the sun setting at half past four and not appearing again until after eight. Of course it’s even worse further up North.