Awesome Thursday Morning Briefing

I’m in a brilliant mood this morning. We’re finally past this month’s Fed/ECB madness, many of the futures contracts have rolled over, there are setups galore, and I woke up to a warm and sunny spring morning with about 25 Celsius (77 Fahrenheit) around noon. Oh, and I almost forgot – the EUR/USD just fell off the plate – heheheheeee. Love and money is in the air!

2015-02-26_spoos_briefing

The spoos are flailing sideways below that NLBL at 2114.5 – isn’t it nice how those serve as support/resistance over and over again? Which is why I use them religiously for my discretionary trading. Anyway, I’ll be long above the Net-Line with a stop below 2112. However, the better setup this morning is on the NQ and that one I keep for my intrepid subs – sorry leeches!

2015-02-26_gold_briefing

Gold – also testing a NLBL and I want to be long above it – stop would be below 1214. I very much like the daily context here – very much actually. But not as much as I like it on another precious metal chart – again that one I keep for my subs.

2015-02-26_ZN_briefing

ZN futures – 10-year treasury bonds – I was about to enter here but then I saw a very quick drop lower. Which means now I’ll wait for a pop back above 128’260 after which I’m long with a stop below 120’180. I just looked at it and the odds for a push higher are low here – but if it happens I’ll take it for sure.


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Here’s a little goodie to wake you up:

I am on fire today – let’s have some fun people. See you guys later this afternoon.

Cheers,

Slow Drift 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.

2015-02-23_spoos_briefing

Spoos are slowly drifting to the downside now kissing the 25-hour SMA. Which unfortunately remains largely untested/ignored so I won’t be dipping into any ST positions here.

2015-02-23_NQ_briefing

The NQ however seems to be more palatable and I’ll attempt a tiny 1/4R position if it sticks it head above 4444 – my lucky number of the day.

One more goodie below for my intrepid subs:


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Otherwise not much on the horizon this morning. So take it easy and don’t start grabbing entries because you’re eager to get exposed. We’re in churn mode across the front right now.

There ya go – this ought to mellow ya down a bit – and if that one doesn’t do it then resort to this ;-)

Cheers,

Quick Post FOMC Update

Every month we have to endure thy holy entrails reading courtesy of the Federated Oracle Market Cult. It’s a completely wasted session and I wish they would just get it over with and announce that the procedure was a total success but that the patient had died a long time ago. But alas – this is not ZeroEdge and if smoke and mirrors is what we’ll live by that’s just fine by me. I just work here and after me the flood as they say – yes, I’m a capitalist prick (not really but I hate therapists and it’s a fun persona if you’re running a financial blog).

2015-02-18_spoos_update

Many of the morning setups didn’t move and the forex side was rather disappointing. So let’s focus on the productive ones. I posted about the NQ earlier but the spoos is where I want to be long now with a stop below the hour SMA.

2015-02-18_ZT_update

ZT – 2-year note futures – that’s some massive candle boner™ action here and we can count another perfect entry notch. I’m holding this sucker as it just managed to bust through the 100-day SMA and a daily NLBL. Let’s see if we can run this puppy higher.

2015-02-18_ZB_update

ZB – 30-year bond futures – not as ambitious as the ZT but I’m grabbing 1/4R here right now.

2015-02-18_SI_update

Silver – I’m also grabbing 1/2R here with a stop below today’s lows.

That’s it – I’m not grabbing any other positions here for the day. I want the tape to work itself through the obligatory follow up rumors and mental masturbations before I dip into any new setups.

 

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,




    Zero Indicator


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