Ship Ahoy!

We finally made it! Another dreaded holiday season has come to an end – at last. Don’t get me wrong, the Mole enjoys a bit of leisure time here and there. But effectively we’ve had zero activity since about December 15th and I was starting to go cold turkey – we are talking serious market withdrawal symptoms. It didn’t help that our ‘Santa Rally’ effectively lasted three days, and very few of us managed to catch that one.

2015-01-02_1422

But that’s all behind us now and along with slowly increasing daylight hours we are ready to steer our sails into new market territory. I hope you’ll be along for the ride – this year should be interesting to say the least. As I hinted at in my last post – I have an inkling that it’ll be a rough ride. But have no fear – Cap’n Mole will be on deck to steer you guys through any rough waters. Maybe I should get myself a parrot and an eye patch. Arrrr.. matey!

2015-01-02_EURGBP_briefing

Courtesy of some heavy jawboning by my new best friend, Mario Draghi, the EUR has been painting new lows this morning. The only pair that showed any sign of strength was the EUR/GBP as the one pair that’s been pounded more than the Euro. So the pound sterling gets pounded and now faces the 100-hour SMA which did offer reasonable resistance  in the past few sessions. I’m short here with a stop above 0.78136. Ready to flip for a long with a stop below 0.78 if it breaches that.

2015-01-02_spoos_briefing

Equities – the spoos are back at the 25-day SMA and I’m not seeing any ST context that would justify taking entries here. Perhaps if we retest those lows I may grab a long position. Today’s the first full trading session of the new year and we’ll probably see a lot of reshuffling by fund managers and institutional traders. So I’ll still be treating cautiously but am now in full scan mode to get repositioned.

That’s all for now – see you guys later this afternoon.

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,

evil_draghi

Freaky Forex Friday

Seems like most of you rats have finally turned into mindless credit card swipin’ shopping bags draggin’ consumer monkeys. Not the Mole – no sireee – all my Christmas shopping is done in July, when the weather doesn’t suck!

australia_christmas

That’s more like it – pass me the Glühwein!! Alright, less of you means more goodies for me and I’m talking juicy short term setups – especially the Forex side is looking rather festive this morning. And unlike Santa the Mole is dishing it out all year – plus I favor you naughty ones.

2014-12-19_PA_briefing

Palladium – looking good here and I already grabbed a long with a stop below 789. With a bit of mojo perhaps that daily NLSL can be reversed today.

2014-12-19_AUDJP_briefing

AUD/JPY – it’s battling that daily NLBL but is also supported by the rising 25-hour SMA. Got to get out of the gate or it’ll slip lower again. I’m long here with a stop below 97.2.

More below – please step into my lair:


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You have been briefed – now have fun but keep it frosty. Depending on participation I’ll do a follow up post this afternoon.

Cheers,

This Is The End

Alright, this is it, folks – we are down 20 handles on the S&P 500. Grab your survival gear and head to your underground bunkers as we are headed for a disaster of biblical proportions. We are facing the wrath of God type stuff. Fire and brimstone coming down from the skies. Rivers and seas boiling! Forty years of darkness – earthquakes, volcanoes, the dead rising from the grave! Human sacrifice, dogs and cats living together. You get the point?

Sorry, I’m just trying to get into the spirit of things as, judging by the usual suspects (ZeroEdge et al.) this is the end of days. You know – triple quadruple bypass Hindenburg Omens, flash crashes, the works.

2014-12-08_GBPJPY_unconfirmed

Alright, let’s settle down and be serious for a moment. Obviously this is pure fuckery, judging by what I saw on the Forex side – here’s the GBP/JPY which is not confirming whatsoever. But honestly it was about time we got a nice red candle as this trading range of the past two weeks was getting preeetttty boring.

I hope this shakes out hard and trims some much accumulated fat - we could use a good buying opportunity. After all most of you guys missed out on the first one a month ago ;-)

2014-12-08_spoos_update

Speaking of which – for my longs today truly spelled the end but courtesy of a brand spanking new spike low it happened almost exactly at the 13R mark @ 2060. Which officially ranks this campaign as one of my all time winners – including an almost perfect entry and exit. I wish they all went like this!

2014-12-08_spoos_profile

Now the week is still young, so I won’t attribute too much meaning to the current NLSL breach. However I think it’s very much possible we drop a bit further to 2045 and then rest there for a while. If that does not hold then 2020 is probably baked in. This would be actually my preference, so let’s see if she can get there. Right here and now I’m not too eager to grab longs.

Since the tape is pretty treacherous today I only produced one single setup – and I got to keep that one for my intrepid subs:


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.

Words To The Wise: Don’t get caught up in the hype when you see fast moves to the downside. The more shrill the reporting on the ZeroEdge feed the more it wets my appetite for blood. Remember, you can’t be successful doing whatever everyone else is doing. Keep it frosty and wait for a solid opportunity to strike – but for now we wait and let things settle down a bit.

Cheers,




    Zero Indicator


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