Slow Start

I hope you all enjoyed your extended Presidents Day weekend. By my count this was the last holiday for now until after the summer – one hopes! Although the weather was pretty nice over here in Spain I actually wound up slaving away on some internal projects through most of it. As the saying goes – no rest for the wicked. I’m a bit exhausted and in dire need of some gym time, which is why I didn’t at all mind seeing calm seas overnight with no drama on the equities side.

My demo campaign actually stopped out on Friday evening due to an EOW routine I still had left in the code. I now made that a flag as I want to be able to choose whether or not to hold a campaign. In this case it’s still trailing at 1876.75 via a ‘lazy trail’, a mad little invention of mine.

On the live side I just entered into a long position with a stop below 1870. I don’t have particularly strong opinions about where we are heading from here. The tape could as easily squeeze to the upside here as it could flush it all straight down the toilet. For now we’re holding so I’m taking advantage of some ST context (i.e. the NLSL and the lower 25-BB which is compressed).

EUR/AUD – as much as I enjoy the EUR drop lower in the past two sessions – I think it’s now ready for another stab higher. Took out a long here with a stop below today’s lows.

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