Good Start Of The Week

Seems like you guys are still hung over from long weekend, where is everyone? Plenty of goodies to be had this morning. Some didn’t trigger, some got swept, but most importantly some took off nicely. Let’s review:

2015-02-17_NQ_update

NQ – we managed to get a nice entry on a small dip lower and now it’s off the the races. Well, not really – but it’s looking promising so far. We need to climb over that NLBL at 4385.75 or w may get caught in a sideways range here. Either take profits now or convert it to a daily campaign.  If the latter leave your ISL intact – I have an inkling we may need it.

2015-02-17_gold_update

Gold! We seem to do well with that contract for some reason – most likely because we’re not emotionally tied to any particular outcome. Anyway, PERFECT entry – couldn’t have hope for a better seat on the bus. Same considerations – either grab your money and run or convert it into a daily campaign. That’s a very nice sweep through two daily support levels – the 100-day SMA and the NLSL at 1216.7. Chances are we’re going to see a LKGB – so if you’re holding it be prepared for that.

2015-02-17_ZB_watch

ZB – early days here but I love the LT context – see how we’ve just touched the 100-day SMA? Well, in itself that would be meaningless as it hasn’t been touched in the past few weeks. However there is an accumulation of weekly support looming below, which should be helpful if we get a reason to be long. I would wait for a real setup but if you feel adventurous take out a lottery ticket with a stop below today’s lows.

Some very juicy LT setups below the fold – please join me in the lair:


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Cheers,

Presidents Setups

According to the federal government, the holiday observed on the third Monday in February is officially Washington’s Birthday. But many Americans believe that this holiday is now called Presidents’ Day, in honor of both Presidents Washington and Lincoln, whose birthdays are Feb. 22 and Feb. 12, respectively. It turns out that whether you honor one or the other or both of these presidents may depend on where you live as the states decide the holidays. See, they even make taking time off complicated!

2015-02-13_spoos_briefing

The bulls are back in charge now – blasting the way higher. My NQ Thor campaign closed out overnight at the 4R mark which more than made up for losing those SPY lottery tickets. ¡Menos mal!

I can tell from the lack of participation that most of you guys already have one foot out of the door. But I owe it to the hardcore crew here to dish out the goods. So our last laundry list of short term setups before we close up shop for the long weekend.

2015-02-13_AUDNZD_briefing

AUDNZD – I’m waiting for a drop lower (if we get it) to grab a long position near 1.043. Stop below 1.04.

2015-02-13_ZF_briefing

ZF – that’s the 5-year t-note futures contract: Long above that NLBL with a stop below 119’220ish.

Quite a few more goodies below the fold:


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And that’s it – I think we’ve done a great job surviving the recent gyrations, we always managed to stay ahead of the tape. And for that alone we deserve a relaxing and fun filled weekend – I hope the weather on your end is playing nice. Over here in Valencia it’s currently over 20 degrees Celsius (~70 Fahrenheit) with plenty of sun – feels like spring already. Not a bad start for Día De Los Presidentes. So unless something drastic happens this afternoon expect my next post on Tuesday morning. Have fun!

Cheers,

Setups Setups Setups

Way too much chatter on this board and way too little hands on trading. Almost none of you are riding this higher due to either a) lack of effort b) propensity for mental masturbation or c) trying to make predictions. Seriously? After six years plus of Evil Speculator goodness I expect a lot more from you guys. So once again, let me show you how it’s done:

2015-02-12_spoos_update

The bulls are clearly back in charge here as we have crossed all bullish inflection points and are now squeezing the tape higher. What I like in particular here is that the upper 25-day BB is now starting to point up, which means there’s almost nothing but air above. Well, I said almost – there is a weekly NLBL at ES 2088.75 but we just sliced through the one at 2062.25 and may have enough velocity to push it over the edge. That said – tomorrow is the last session ahead of a three day weekend (PrezDay) – and I have an inkling we’ll park up here and leave any remaining bears to roast for a few days.

2015-02-12_UVOL

Bots clearly in buy mode – look how smooth the UVOL line is climbing today. The squeeze is on! Heck, I’m just glad we are finally outside that dreaded trading range we’ve been locked in for over a month. The human sacrifice I offered the other day seemed to have appeased Mrs. Market. Gold Gerb – thanks for taking one for the team – you will be missed.

2015-02-12_Thor_NQ

Boy, I almost didn’t catch this pig except for the ST longs on the ES I put on the other day. However Thor came to the rescue and the current campaign is about 0.75R away from its target.

2015-02-12_setups

I promised setups galore, so step right into the lair – we even have a VIP section. And what happens in the lair, stays in the lair!

2015-02-12_EURJPY_setup

EUR/JPY – long here with a stop below the 100-hour SMA. It’s still early in the game but there is a good chance that the 25-day SMA remains in place. 1/2R only – if she goes we probably get a runner.

2015-02-12_crude_setup

Crude – long above the 100-hour SMA with a stop below 50. 1/2R only – I do love the formation on the daily but we cannot exclude the potential for more monkey business as there are too many eyes on this symbol.


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

Alright, that ought to keep you rats entertained for a while – have at it and hopefully I see a bit more participation in the comment section. The Mole deserves better!

Cheers,




    Zero Indicator


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