Wednesday 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.
I’m going to do a bit of a reverse flip today in that I have a very juicy equities setup on the daily which I’ll reserve for the subs. Fort the rest of you guys here’s platinum looking pretty good as it’s retesting its 25-hour SMA and a NLSL. I think either direction here is good to go as it’s a crucial stage in the attempted reversal.
NZD/JPY – just pushed above its 100-hour SMA and I’m long with a stop below. Not interested in a short breach at this time.
AUD/JPY still pinned below its SMA and I’m short here below that NLBL until price tells me otherwise.
Alright, let’s get to the really exciting stuff – please step into my lair:
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