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Ring Side Seats To The Freak Show
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Ring Side Seats To The Freak Show

Ring Side Seats To The Freak Show

by The MoleFebruary 25, 2015

If you’re still paying attention to the respective musings of Mrs. Yellen or Mr. Draghi then you only have yourself to blame. The verbal diarrhea coming out of both camps these days is not only recursively contradicting but also lacks any real meaning as every sentence uttered has been carefully vetted to feature relativizing adjectives galore. Ambiguity and sophism reigns the day, which means any attempts of interpretation or extraction of meaning are doomed to fail. So don’t bother – just fade the noise and ride the tape.

That’s right – it’s a club and we’re not invited. However as much as I love and miss George Carlin I disagree with being pessimistic. The game is rigged – so what? Trading has rarely ever been this directional and this easy. And riding the coat tails of the banksters has been pretty profitable over the years. When it comes to trading you better leave your political opinions and moral convictions at the front door – trade what you see and not what you want to see. You know who you are and if you haven’t learned your lesson by now then I cannot help you – but you’re welcome at the other side of my trades.

2015-02-25_NZDJPY_setup

Speaking of which – NZD/JPY is looking like a great long above that NLBL. You can sneak in early above the hourly near 89.83. top below 89 and Bob’s your uncle. This one has definite runner potential.

2015-02-25_ZF_setup

ZF futures – the 5-year treasury notes futures contract: long above 120’165 with a stop below 120’20 on the hourly panel. My evil plan is to play a breach of the 25-day SMA. FYI – this one is about to roll over so you probably want to grab ZFM5, the June contract. Wow – how time flies….

Two more goodies below the fold for my intrepid subs:

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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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