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.

2015-02-18_events

Great setups across the board this morning but before you go nuts be aware that we’ve got the FOMC minutes at 2:00pm EST today. So be sure to be out of any of these short term setups unless they have moved significantly in your favor. You have been warned.

2015-02-18_NQ_briefing

NQ – I don’t really think we have a setup here. Sideways range overnight and I don’t see it making any big moves before the announcement. But if you think otherwise then here’s a pretty solid inflection point at NQ 4387.

2015-02-18_USDJPY_briefing

USD/JPY – long here with a stop below 119.07.

2015-02-18_EURGBP_briefing

EUR/GBP – that’s my lottery ticket of the day. Long here 1/4R with a stop below this morning’s lows. FYI – this may as well fall off the plate – so if stopped out I may consider another lottery ticket to the downside (depending on velocity – not in sideways churn tape).

2015-02-18_ZB_briefing

ZB futures – I told you to watch this one and that’s exactly what I’m doing as well. No setup here yet but I’d be long above that stack of NLBLs. OR short right below it if it seems we’re not pushing higher. Yes, this one may take a bit of finesse but it has great potential either way IMO.

Seven more goodies below the fold – please join me in the lair:


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

Cheers,

Fantastic Tuesday Morning Briefing

Belated but excellent kick off for the week. I literally have setups crawling out of the woodwork this morning. The Forex side in particular is off the hook with plenty of goodies to be had. Let’s get to work and bank some coin!!

2015-02-17_NQ_briefing

NQ – wait for a retest of the NLBL and then be long with a stop below 4365. Short side is limited here as the 100-hour SMA is now pushing higher and will most likely offer support.

2015-02-17_GBPUSD_briefing

Cable – excellent setup with beautiful daily context. Triggers and details on the chart.

2015-02-17_crude_briefing

Crude – either long here right now or wait for a push above the NLBL. Again, I do very much like the daily context.

2015-02-17_gold_briefing

Gold – short on this one with a stop above the 100-hour SMA. If breached then I’ll be long with a stop below the current lows.

Quite a bit more below the fold – please step into my Mediterranean trading lair:


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Did I promise too much? So many setups, so little time. Get to work but keep it frosty!

Cheers,

Short Term Setups

I am running a little late this morning but there’s a lot going on, so let’s get to it. Equities are still near our inflection point but I just noticed that we have additional context courtesy of the weekly panel:

2015-02-11_spoos_briefing

Things are slowly coming into focus here and despite the recent gyrations we can rely on the following:

  1. We are obviously in a sideways range spanning 100 handles between inflection points near 2080 and 1980.
  2. Currently we are painting higher highs and higher lows, that is positive for the bulls.
  3. We have not seen clear rejection but things will have to proceed higher by the EOW.
  4. The weekly panel dons a NLBL at 2082.5 – if we close above that on Friday we’ll have ourselves a weekly buy signal.

2015-02-11_YM_briefing

The YM is offering pretty nice ST context this morning.  I’m already exposed but if you’re looking for entries you may want to use that cluster of NLBLs and be long above YM 17791.

2015-02-11_AUDCAD_briefing

AUD/CAD – long above the NLBL with a stop below 0.974 and change.

More below the fold – please step into my 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


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