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Soylent Orange
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Soylent Orange

Soylent Orange

by The MoleJanuary 26, 2016

I’ve said it before and I’ll say it again. When in doubt always choose the scenario that screws with the maximum amount of market participants. Mrs. Market may be evil down to the core of her raven black heart but at least she’s consistent. So Soylent Orange it is apparently, now let’s see what we’ve got to work with here.

2016-01-26_spoos

The drop in equities yesterday should have cleaned out the majority of the longs. Quite frankly Soylent Red is still on the table and I’d give it about 30% at this point. Although I doubt I’ll catch this entry I would be long near 1867, so perhaps I get my fill after the bell.

2016-01-26_EURUSD

The EUR/USD is coiling up and I should have listened to my wife yesterday who told me to hit the ATM (which I shall remedy today). I already have a long position in the hold which should kick in near 1.08 – my stop will be < 1.075.

2016-01-26_ZM

Soybean Meal – I really like this chart as it may turn into a runner. Long here near 270.7 – stop below 269.5. No harm in keeping it a bit looser actually – she likes to run those stops.

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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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