Friday 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.
The E-Mini are back at the 25-hour SMA which seems to have become an early morning ritual. We also have two NLSLs for extra support so I’ll play the same game as usual – long above those Net-Lines and short below.
Gold approaching its falling 25-hour and I intend to be short with a stop above.
EUR/USD attempting to produce a floor and is now at the 100-hour and testing a few hourly NLBLs – I’m thinking a long above 1.3075 – not particularly interested in the short side unless we breach through 1.30445.
More setups below – please step into my trading lair:
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