Calling It A Week

Judging by the comment section most of you guys are already passing around the eggnog and I won’t bother posting any more setups today. So let’s do a quick wrap-up of some of this morning’s entries so that you at least can kick yourself for not paying attention all the weekend. Yes, the Mole loves to rub it in…

Of course I’m only half-serious (for once) as I know that Christmas is pretty serious business over in the States (surprisingly not so much in Spain for some reason). Trading has a small margin of error to begin with and I can understand that you’ve probably got more pressing issues to worry about. With that said – let’s review real quick and then I’ll leave you guys to wrapping presents and last minute errands.

The YM was my favorite setup this morning (sorry, subs only) and it did exactly what I hoped it would. Nice break of the NLBL and it didn’t look back. That’s at least 2R – 3R  depending on how conservative you were with your stop.

AUD/CHF – may have thrown you off the horse once but it then reversed and broke the NLBL. Yet another 2R if you put your stop below the SMA and I would close it out by now.

Gold was equally fun – it was obviously attempting to paint a floor and my long got triggered at the NLBL. I already closed this one out for a juicy 2R profit.

And that’s really all she wrote for the day. I’m not interested holding anything into the 23rd as participation is going to evaporate starting Monday. I will probably look at some short term trades Monday but won’t hold anything over Christmas obviously. Not the time when I want to be mentally engaged in the markets – everyone needs some time off.

I will be posting next week but probably just once a day. Not that I won’t be working but I expect most of you guys to be gone. Actually Scott and I have a full agenda waiting related to a little surprise I have planned for the 24th. So even if you’re gone – make sure you pop by that day as I have something very very cool in the works. I have slaved for weeks to make it happen and you don’t want to miss out! 😉

It’s not too late – learn how to consistently bank coin without news, drama, and all the misinformation. If you are interested in becoming a subscriber then don’t waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Cheers,