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Crazy Monday
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Crazy Monday

Crazy Monday

by The MoleSeptember 28, 2015

I’ve got a laundry list of technical issues to deal with this morning, so please forgive the brevity of today’s update. As the tape is still running in circles chasing its own tail courtesy of some of hare-brained Fed rumors there unfortunately remains very little to work with:

2015-09-28_GBPCHF_setup

GBP/CHF may be a long if it drops a bit more – 1.48 would be best. Under normal circumstances I would have risked a small entry here but I just see too much whipsaw and my entries now need to be nearly perfect to be justify the whipsaw risk.

2015-09-28_AUDNZD_setup

AUD/NZD – also waiting for a little drop lower here. I do like the daily formation still however it did not break higher near 1.131 and I would prefer it a bit lower. Come to think of it – if it does a more conservative stop than the one on my chart may be good medicine.

 

Alright, I’m smelling smoke – need to run – catch you all later.

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Cheers,

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About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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