Extra Evil Morning Briefing
Oh boy – we are literally swimming in juicy setups this mornings. After weeks of drought we finally reap the benefits of laying patient. Time to have some fun.
The spoos look extra delicious here and I’m currently 1/2R short but waiting to be stopped out at 2112 so that I can flip for a long position. The range between that and 2112 is our limbo zone – below the latter we are pushing back into bearish territory but for a slide lower we would need to breach 2108.
I actually like the NQ a bit better and I’m playing a short here (1/2R) via the same script.
Gold – still waiting for a move here – it’s coiling up! Long above 1190.8 (or here) with a stop below 1185. I’m glad we finally rolled over.
Tons on the forex side – long the USD/CAD with a stop below 1.24 – LOVE that configuration.
EUR/USD – the trade I love to hate. Which is why it’s probably working out. Triggers on the chart. I kid you not, when I saw this chart last night I got dressed and ran to the ATM and literally cleaned it out – hehehe…
More nefarious market madness looming below the fold:
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A morning like this deserves its own theme. Crank it up and have fun. See you guys later this afternoon.