Presidents Setups

According to the federal government, the holiday observed on the third Monday in February is officially Washington’s Birthday. But many Americans believe that this holiday is now called Presidents’ Day, in honor of both Presidents Washington and Lincoln, whose birthdays are Feb. 22 and Feb. 12, respectively. It turns out that whether you honor one or the other or both of these presidents may depend on where you live as the states decide the holidays. See, they even make taking time off complicated!

2015-02-13_spoos_briefing

The bulls are back in charge now – blasting the way higher. My NQ Thor campaign closed out overnight at the 4R mark which more than made up for losing those SPY lottery tickets. ¡Menos mal!

I can tell from the lack of participation that most of you guys already have one foot out of the door. But I owe it to the hardcore crew here to dish out the goods. So our last laundry list of short term setups before we close up shop for the long weekend.

2015-02-13_AUDNZD_briefing

AUDNZD – I’m waiting for a drop lower (if we get it) to grab a long position near 1.043. Stop below 1.04.

2015-02-13_ZF_briefing

ZF – that’s the 5-year t-note futures contract: Long above that NLBL with a stop below 119’220ish.

Quite a few more goodies below the fold:


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And that’s it – I think we’ve done a great job surviving the recent gyrations, we always managed to stay ahead of the tape. And for that alone we deserve a relaxing and fun filled weekend – I hope the weather on your end is playing nice. Over here in Valencia it’s currently over 20 degrees Celsius (~70 Fahrenheit) with plenty of sun – feels like spring already. Not a bad start for Día De Los Presidentes. So unless something drastic happens this afternoon expect my next post on Tuesday morning. Have fun!

Cheers,

Setups Setups Setups

Way too much chatter on this board and way too little hands on trading. Almost none of you are riding this higher due to either a) lack of effort b) propensity for mental masturbation or c) trying to make predictions. Seriously? After six years plus of Evil Speculator goodness I expect a lot more from you guys. So once again, let me show you how it’s done:

2015-02-12_spoos_update

The bulls are clearly back in charge here as we have crossed all bullish inflection points and are now squeezing the tape higher. What I like in particular here is that the upper 25-day BB is now starting to point up, which means there’s almost nothing but air above. Well, I said almost – there is a weekly NLBL at ES 2088.75 but we just sliced through the one at 2062.25 and may have enough velocity to push it over the edge. That said – tomorrow is the last session ahead of a three day weekend (PrezDay) – and I have an inkling we’ll park up here and leave any remaining bears to roast for a few days.

2015-02-12_UVOL

Bots clearly in buy mode – look how smooth the UVOL line is climbing today. The squeeze is on! Heck, I’m just glad we are finally outside that dreaded trading range we’ve been locked in for over a month. The human sacrifice I offered the other day seemed to have appeased Mrs. Market. Gold Gerb – thanks for taking one for the team – you will be missed.

2015-02-12_Thor_NQ

Boy, I almost didn’t catch this pig except for the ST longs on the ES I put on the other day. However Thor came to the rescue and the current campaign is about 0.75R away from its target.

2015-02-12_setups

I promised setups galore, so step right into the lair – we even have a VIP section. And what happens in the lair, stays in the lair!

2015-02-12_EURJPY_setup

EUR/JPY – long here with a stop below the 100-hour SMA. It’s still early in the game but there is a good chance that the 25-day SMA remains in place. 1/2R only – if she goes we probably get a runner.

2015-02-12_crude_setup

Crude – long above the 100-hour SMA with a stop below 50. 1/2R only – I do love the formation on the daily but we cannot exclude the potential for more monkey business as there are too many eyes on this symbol.


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.

Alright, that ought to keep you rats entertained for a while – have at it and hopefully I see a bit more participation in the comment section. The Mole deserves better!

Cheers,

You’re Not Worthy!

Bow down to the mighty Zero – the best momentum indicator for equities – PERIOD. Beautiful reversal signal smack at today’s lows plus excellent and predictive divergences across the session:

2015-02-11_zero

Bottom Line: If you’re trading intra-day swings without it, you’re basically driving blind. Good luck with that.

That’s right you are not… but I’m letting you sign up anyway, so have at it :-)

 

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.

Cheers,




    Zero Indicator


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