Back In Business

Tuesday night I suddenly found myself in world of hurt when, much to my chagrin, I realized that Google had stopped supporting an older authentication method used to access Google Docs (now Google Drive). This effectively blew my strategy logging code out of the water – however, even worse, it also started crashing them. Effectively I had two choices: either find a solution as soon as possible or remove automated logging altogether. The latter was only a option of last resort and I scrambled all day to find a way to implement Google’s new authentication method into my module. Unfortunately there was very little documentation available online – Google is pretty notorious about providing sporadic support for their APIs. The best you can hope for are code examples and tutorials posted by well meaning coders who already wasted a week of their life figuring it all out the hard way.

I don’t know how but I managed to scrape together enough information allowing me to produce a fix late last night. In the end I wound up posting it online in a few pertinent threads. As you can imagine I wasn’t the only one affected and a lot of people’s production systems came to a screeching halt. Now of course it was all my fault to begin with. Google’s old authentication method has been officially deprecated since 2012 and they officially pulled the plug on the 5th – for some reason they kept it running until the 25th. I should have known better but I don’t really keep up to speed with every damn API I’m using. That’s one of the reasons why I left that industry to begin with – your work never ends and it seems every other week they’ll change something just because they can.

2015-05-28_spoos_briefing

Anyway, excellent entry opportunities this morning and I’m happy to be back in business. The spoos are back at the 100-hour SMA and I love the binary setup here, which is simple: Long above the NLBL at 2119.75 – short below 2116.75 – place your stop at the inverse trigger. Right now things are dropping lower so the bears may get their day. Seems like the bulls and bears are operating on an alternating shift now.

2015-05-28_NQ_briefing

The NQ also not looking so shabby and I like the daily context. Similar idea here really although I don’t think the downside would really get going until after 4520.

2015-05-28_EURUSD_briefing

EUR/USD – the trade I love to hate – long here with a stop below 0.1886 (it has dropped a bit since).

2015-05-28_gold_briefing

Gold – grabbing a long with a stop below the recent low. If it can’t hold 1190 I think it goes to 1170. Short trade below may be good medicine – whatever you do grab the August contract. Wow, this year is passing quickly….

Alright more goodies below the fold – please step into my lair:


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You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.

Cheers,

Wednesday Morning Briefing

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.

2015-05-20_spoos_briefing

Nice activity this morning which presents us with nice entry opportunities. Time to get busy! Here are the spoos which have descended a bit over night and are now approaching the 100-hour SMA. I think a long near 2121.75 with a stop below 2120 has merit. If that one goes then we probably drop to 2113.25 or lower.

2015-05-20_NQ_briefing

Similar pattern on the NQ and you can spread your exposure between those two.

2015-05-20_EURUSD_briefing

EUR/USD – liking the sell off at the ATM but from a trading perspective we are approaching the last line of defense which IMO is the 25-day SMA near 1.10862. I’m trying a long if we breach 1.11.51 with a stop still to be determined – need to see the next spike low or NLSL.

2015-05-20_gold_briefing

Gold – long near the 25-hour with a stop below 1202.7. That was quite a slap down! Let’s see if it can recover or if we’re back in sideways mode. FWIW – boy the June contract has been a crap period for traders.

Quite a bit more waiting 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.

You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.

Cheers,

Monday Night Quicky

I just got off a long phone call with someone in the U.S. and now I’m running a bit late over here in Valencia. So I hope you can forgive me if I’m running us through the charts quickly – Mrs. Evil is not known to be very forgiving if I let her dinner get cold. And yes, she actually cooks – a rare skill to be found these days.

2015-05-04_spoos_update

The E-Mini managed to tickle the daily NLBL at 2114.75 but then promptly reversed. That’s not unusual really and we could easily see another retest of the 2100 mark. I think the bulls are golden above 2112.25 – in between that and 2100 we are a bit in limbo as we have not seen a real break out yet. Below 2100 we may just make a another trip toward the 100-day SMA. Frankly I have no idea what scenario will transpire – best I was able to do was to grab a good seat on the NQ and the rest is in the hands of Mrs. Market.

2015-05-04_cable_setup

Cable – heck, I’m going long here as we’ve dropped like a rock and are now on top of the 100-day SMA and a NLSL. The path below is plastered with more NetLines and I think the easy part of the journey down is over. Does not mean this is a guaranteed entry – but it’s a justifiable one.


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.

2015-05-04_events_tuesday

Alright – that’s all for today – see you guys tomorrow. Remember we have a bit of event risk on the roster – AUD, NZD, and of course the non manufacturing PMI numbers for April right after the close.

Cheers,




    Zero Indicator


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