Campaign Updates

I’ve accumulated a good number of positions over the past week and decided to not take on anything more for the day. We still haven’t really taken off across major indices and in line with my adjusted modus operandi of remaining nimble I don’t want to get over exposed. So let’s do a quick run down of some of our recent victims:

2015-05-18_spoos_update

The spoos thus far are looking good to go and I’m moving my stop to 2112 now which is at break/even.

2015-05-18_AUDUSD_update

AUD/USD – that’s a campaign I’ve been holding since last week. It somehow rolled over nail or something as it went completely flat and rolled back to the downside. Stop out at my trailing stop for a humble 1R profit.

2015-05-18_AUDCAD_update

AUD/CAD – boy that was an awesome entry this morning right before it took off like a rocket. Moving my stop to break even and will hold through the RBA minutes in about seven hours.

2015-05-18_EURCAD_update

EUR/CAD – also one from this morning. I say meh here and this one may actually stop out. I love the formation on the daily but it was probably too early to try a long position. I only have 1/3R in this one so I’m holding it.

2015-05-18_EURGBP_update

EUR/GBP – stopped out of this morning’s ST position. The original entry form last week is still good and my stop remains at break even. Not really loving the mojo on this one to be honest but I’m holding it.

2015-05-18_cable_update

Cable – a few more pips to the downside and I’ll be out of that one. I was hoping for a LKGB here but it kept dropping below the 100-hour SMA. Bummer really as this is a great setup and I would take it every single time. Perhaps we’ll get another chance at the daily NLSL further below.

2015-05-18_USDCHF_update

USD/CHF – awesome entry here this morning and I’m moving my stop to break even.

2015-05-18_wheat_update

Wheat – for some reason this one screamed continuation at me this morning. Very few traders would have taken a long after that long candle last week. Great entry and I’m obviously holding it although I’m pretty sure there will be a LKGB retest of the 100-day. Moving my stop to break/even and Bob’s my uncle.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.

Cheers,

Monday Morning Briefing

We’ve got movement folks! Apparently things are coming into sync across the board and we’ve got a veritable laundry list of setups this morning. Time to get busy.

2015-05-18_USDCHF_briefing

Here’s the USD/CHF – still looking weak but attempting to paint a floor. Only 1/4R here with a stop below that recent Net-Line Sell Level.

2015-05-18_wheat_briefing

Wheat – boy what a run and it’s now bumping against it’s long time nemesis – the 100-day SMA. I think the right play is to follow those ST Net-Lines but to be short below the lower 25-hour BB.

2015-05-18_ZF_briefing

Bonds are looking primed and ready to rock & roll – five year bond futures retesting the 100-day SMA but I’m taking my cues from the short term panel. Long on a little dip lower with a stop below the lower 25-hour BB.

2015-05-18_ZT_briefing

ZT, the two year bond futures – long here with a stop below that recent spike low.

Quite a bit more below the fold – please meet me in the lair:


More charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don't waste time and sign up here. And if you are a Zero subscriber you get free access to all Gold posts, which gives you double the bang for your buck!

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

Boy what an avalanche of setups! That ought to keep you guys busy for a while. See you all later this afternoon.

Cheers,

The One That Got Away

You may think that I’m referring to my short positions in the spoos but you would be horribly wrong. Saw that one coming a few miles out and exited at break/even as previously planned.

2015-05-14_spoos_update

And also as previously planned – I am long since 2112 with a stop below 2105. Let’s see if we finally get some directional tape, but who knows. I’ve managed to traverse this sideways mess this far without getting my ass kicked but something tells me to better not test my luck. There are limits to Ms. Market’s patience – even for the mighty trading Mole.

2015-05-13_gold_briefing

Now what I was referring to in my title is … gold. You may remember this one from two days ago. I saw a potential break out chart and was waiting for a teeny weeny dip to the downside to grab some longs. Only problem is – it never happened and I didn’t get my fill.

2015-05-14_gold_update

If there is one thing that absolutely truly annoys me is when I read the market right and for some reason don’t get a seat on the bus. I know – I should listen to my own advice – better wishing to be in a trade than wishing to be out of one. Rub it in! Instead I choose to console myself with the campaigns that are running as planned.

2015-05-14_natgas_update

Natgas – very sweet entry that same day actually and it’s off to the races. We’re now touching the 25-week SMA and as you can see the 100-day BB is narrow as hell. I say we have ourselves a runner here and I suggest you let this sucker run all the way.

2015-05-14_CHFJPY_update

CHF/JPY – equally perfect entry and it already bounced against a NLBL – thus far it’s unable to muster enough mojo for continuation higher. I’m moving stop near 129.80 – let’s see if she can bounce from the daily lows.

2015-05-14_AUDUSD_update

AUD/USD – excellent progress so far although the past day or so is looking mixed. Again I’m trailing here – this time I’m using a daily NLBL, expecting support nearby.

2015-05-14_EURGBP_update

EUR/GBP – it’s been ‘meh’ but it’s holding thus far. My stop is now at break/even – only giving this one 30% chance to resolve successfully.

Speaking of the Euro – I have put together some long term EUR/USD perspectives for the subs. Please meet me in the lair:


More charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don't waste time and sign up here. And if you are a Zero subscriber you get free access to all Gold posts, which gives you double the bang for your buck!

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

Cheers,




    Zero Indicator


    Darth Mole Alerts

  1. poll

    • How many discretionary trades to you place per month?



      view results

      Loading ... Loading ...


  2. NinjaTrader
    Kinetick

    search warrant



  3. recent misdeeds

    1. Edgeless
    2. Putting Out Fires
    3. The Bulls Are Back On Notice
    4. Tuesday Morning Briefing
    5. Equity Curve Filters And Compounding
    6. Pre-Memorial Day Freebies
    7. Scaring The Children
    8. Wednesday Morning Briefing
    9. Introducing LAMM Based Auto Trading Service
    10. Campaign Updates