Inside Pay Day
Today I am writing you from what must be the most ridiculous hotel I must have ever stayed in. And that’s something given that my reference is a cheap U.S. drive-thru motel culture. The price for the best room here was a whopping €20.-, which by the way makes it the most expensive hotel in the tiny little pueblo I wound up finding refuge tonight when it started to pour cats and dogs.
I think you can tell by the eclectic choice of curtains which I would carbon date somewhere around 1971 – probably predating most of the etablissement’s inhabitants tonight. The good news is that Internet kicks real butt here and I was able to run all over my charts remotely. Which was important as today’s session bestowed us with much needed information plus ample coin – assuming of course you took that inside day setup yesterday.
That’s right – 1374.71 was were the rubber met the road – thus far more than 11 handles in the plus. Given the vehemence of this candle I would recommend taking partial profits now and perhaps keeping a few lottery tickets at hand.
Also very positive is that we held at the second volume hole and are no in the process of testing the second. If we can close above 1380 today then I think it would establish a nice base for pushing this thing higher. Not without a little shake out of some Johnny Come Latelys – goes without saying.
But I have plenty more where that came from – please step into my ridiculously decorated mini lair:
More charts and cynical 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 or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
Please login or register for Zero Data Feed (non-recurring) or Zero Data Feed (recurring) or ES Gold (non-recurring) or ES Gold (recurring) or geronimo/ES (recurring) to view this content.
This entry was posted on Thursday, April 12th, 2012 at 2:42 pm. Both comments and pings are currently closed.