I was staring at the E-Mini futures this morning – it must have been almost ten minutes just pondering and trying to figure out what was bothering me so much about this chart. And then suddenly I realized what was going on – and what also became apparent was that, no matter how long you are in the game, the tape still can always pull one over on you. The mighty Mole is not immune.

So the big epiphany I speak of was that nothing really has changed, folks. Remember all the sideways crap we endured for most of this year? And then suddenly we got a big slide (almost) out of nowhere – which we actually played quite well, but I digress. What I’m [...]

We got movement people! And obviously I’m not talking about equities where we’re still spasmodically bouncing around in the same six month trading range. Booooring! Unless of course you are the evil lair’s official Swing Slayer and that coveted title is already taken by Skynard. You will have to defeat him first and then send me one of his digits to assume his position. It also helps if you either have at least one dragon or an army of White Walkers at your disposal. Either that or just send me money – I am surprisingly corruptible.

Okay, let’s get the tedious charts out of the way first. Equities – I’m risking a tiny long [...]

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:

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

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 [...]

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.

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.

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.

Bonds are looking primed and ready to rock & roll – five year bond futures retesting the [...]