Busy Busy Wednesday

There’s nothing new to be said about the equities side so I will simply refrain. However that doesn’t mean we’re sitting idle as we’ve got movement across producing many juicy setups in the process. Let’s take it from the top:

First a quick update on the AUD/NZD campaign which now has progressed sufficiently to warrant moving our stop to the break even point.

USD/JPY at a very interesting spot. Look how it’s kissing those daily Net-Lines which also demarcate a falling diagonal resistance line. I’m feeling lucky today so I grabbed some longs based on those rising hourly Bollingers. IF (and only if) this turns into a runner the ensuing squeeze should be glorious. I’m ready for a short position if stopped out near 119.8.

Bonds are looking juicy this morning. Here’s the 10-year which is again near some rough rising diagonal (interrupted by that one big drop a few weeks ago). So I’m long 1/2 with a stop below the recent cluster of NLSLs.

The 30-year in a similar configuration but not as clean – added 1/2R here (the other went into ZN). Both of these campaigns are a bit speculative but I do expect movement here shortly.

Well, we’re just getting warmed up. Grab your decoder ring and meet me in the lair:

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A bit of event risk today near the open and after lunch if you’ve exposed on the GBP side (we are so be aware). Alright, this ought to keep you guys busy for a while. Have fun but keep it clean and frosty.

Cheers,