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Monday Morning Briefing
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Monday Morning Briefing

Monday Morning Briefing

by The MoleSeptember 9, 2013

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.

Courtesy of some wild gyriations last Friday the short term panels are completely useless at the moment. However the daily tells us that we are pinned just below the long trigger of ES 1660. It’s permissible to be short here until we clear this long inflection point – in between we’re talking 30 handles of limbo until ES 1630 below which I think the bulls would be in trouble.

The better setup this morning however is on the NQ as it’s kissing a horizontal brick wall at 3145 – a few more ticks higher and we’re off to the races. Shorts right here are cheap with a stop just ticks away. On the hourly there’s a new NLBL at NQ 3145.5 – that should be our best friend in the next five hours.

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Public Service Announcement:

All good things eventually come to an end and Sunday marked the final day of the CrazyIvan beta testing program. We’ve come a long way in the past two months and your input has been invaluable. CrazyIvan has become a better product thanks to all of you.

The votes are in and the four winners of our FX poll are: EUR/USD, AUDJPY, AUD/USD, and USD/JPY. Not a big surprise there except for the AUD/JPY wich made second place – and I thought I was the only one who liked it this much. As you already know we’ll also be adding the ZB futures as an additional symbol to both the CrazyIvan.30 and CrazyIvan.480 packages.

Special CrazyIvan Promo: If you sign up for either package by midnight EDT on Wednesday then I’ll add the other one for free. So if you sign up for CrazyIvan.30 I’ll add a free month of CrazyIvan.480 – and of course the reverse. Just send me an email after you signed up and I’ll take care of it.

Hope to see you on the other side.

Cheers,

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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