Crappy Morning Briefing

Yeah, I got pretty much nothing this morning – the Euro is still squeezing (told ya’ll!) and equity futures are still running in circles with no end in sight. It’s only mid May but this feels like July tape.

Then we have Draghi running his mouth at the IMF headquarters a little after the open at 11:00am, which is probably going to blast forex all over the place. And to top it all off for me – my Internet is crawling this morning, nothing seems to work properly, and it’s going to be a scorcher here in Valencia with temperatures exceeding 41 degrees Celsius (over 106 Fahrenheit). Maybe it is July after all and nobody told me.

Miraculously I was somehow able to extract two charts and I am just going to throw them out for you guys. AUD/NZD – I’m waiting for a little drop to 1.076 to grab a long position with a stop below 1.072.

Crude – as you know I’m already in this for the long haul. But this is a pretty decent spot to grab a ST entry near the 100-hour SMA – assuming it drops to 60.1. Put your stop below 59.80 and Bob’s your uncle.

And that’s it for now – if you don’t hear back from me this afternoon then I probably died from a heatstroke on the way to the gym. Fortunately I have already arranged to have my head frozen so that I can be reanimated and connected to a big trading AI a few decades from now.

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,