Monday 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.

2014-11-24_spoos_briefing

Equities have been holding the line over the weekend and we may see a bit of acceleration here as suggested by DarthMole. Just to reemphasize – unlike retail traders volatility measures do not suffer from directional bias. So there is no telling which way it’ll swing. However I don’t see anything on my charts that would prompt me to deviate from the current course, which is to trail my stop and to not second guess how far this puppy may run.

2014-11-24_USDZAR_briefing

USD/ZAR near its 100-hour SMA and I’m short here with a stop above 11.00. Only 1/2R exposure as there isn’t much supporting context.

2014-11-24_wheat_briefing

Many futures contracts rolled over last Friday and the pickings are slim but wheat is looking rather interesting here as support is starting to stack up. I’m long with a stop below the NLSL at 553.25.

Two more short term setups below the fold:


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.

You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.

Cheers,

The Slow Walk-Down

I think I’m going to call it a week as the bots have apparently taken over – I’m getting a bit bored of watching this slo-mo walk down. Right after the open I noticed¬†a fast drop on the TF futures and shot out a quick Twitter to everyone. But I didn’t expect such a slow roast to follow the initial ramp higher over on the ES.

2014-11-21_Zero_update

Just look at the Zero Lite panel on the right and I think you’ll get my drift. I for one am not feeling lucky enough to get involved here. Plus it’s Friday and I probably have done enough damage for this week ;-)

20100722hefeweizstory

See you guys on Monday!

It’s not too late – learn how to consistently bank coin without news, drama, and all the misinformation. If you are interested in becoming a subscriber then don’t waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Cheers,

It Keeps Going And Going And….

The Energizer¬†bunny continues its merciless march higher and we just may scrape the 2100 mark before they call it a year. Yes, my account is blinking bright green but that’s only half the fun. What really gives me the most joy is to watch all those talking heads picking tops over and over again only to get squeezed into oblivion. If you’re a bonafide masochist then do yourself a favor and continue to the take the other side of my trades.

Better luck next time cupcake. What was that old saying again…. oh yes – never step in front of a speeding freight train. That and to let your damn winners run without you mocking it up due to some fancy chart you fell in love with!

2014-11-21_ES_briefing

Talking of which I’ve got my sights on the 14R mark now – officially this has become the highest earning single campaign of this year now, even outdoing the huge Dollar run we enjoyed a few weeks back. I guess I should stop posting this chart by now as you guys are probably ready to ride me out of town on a rail ;-)


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.

You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.

Cheers,




    Zero Indicator


    Darth Mole Alerts

  1. poll

    • What is your average spread on the EUR/USD?



      view results

      Loading ... Loading ...


  2. NinjaTrader
    Kinetick

    search warrant



  3. recent misdeeds

    1. Happy Turkey Slaughter!
    2. One Chart Says It All
    3. Monday Snooze
    4. Monday Morning Briefing
    5. The Slow Walk-Down
    6. It Keeps Going And Going And….
    7. The Bots Are Back!
    8. An Impending Trend Shift?
    9. Fade The Noise – Play The Game
    10. Tuesday Morning Briefing



  4. links