Discretionary Trading
Now Reading
Faites Vos Jeux
64

Faites Vos Jeux

Faites Vos Jeux

by The MoleSeptember 14, 2018

Alright, I just got back from my osteopath and the news are actually quite good (for a change). I don’t seem to have a herniated disk but there’s a small protrusion in my L5 which actually isn’t too uncommon. Obviously something to keep an eye on and he showed me an exercise to reduce the pressure I’ve been feeling in my lower right back. Otherwise however I was told that I have the spine of a 25-year old which would be a man half my age. Plenty of space between my vertebrae and my disks (except L5) look peachy.

Which means I’m back in the game and if you wonder why the hell you should care, Well, for me at least my mind very much follows my body. If I’m in pain and am barely able putter around the house then you’ve got yourself a pretty miserable Mole at your hand and my posts most likely reflect that.

If I’m feeling good and I get to do my daily gym routine however then the sky’s the limit. What can I say – I’m a man of simple needs. Okay, as I’m in good spirits let’s not waste any further time and get to work:

I re-entered my E-Mini campaign early Thursday (December contract) and I’m glad that I did as we’re now seeing a very nice progression higher. Stop is actually below my re-entry but to make it easier for you guys to track along I’ve just kept it in place. MFE now is about 1R given that I’ve lost a few handles during the roll-over.

I hope you remember my posts on realized vs. implied volatility. Well both seem to be dropping and that is usually typical for a sustained low volatility rally higher. Looking good Billy Ray!

The USD/JPY earned my coveted ‘annoying campaign of the month’ award on Wednesday when it snagged my trail at 0.7R and then snapped back higher and never looked back. PITA but just to show you that the market hates me as much as it despises you – well, maybe a little less as I’m prettier.

Heck compared with the gruesome covers I’ve seen on popular beauty mags over the past year I may just have a shot at becoming a male super model. Just in case this whole trading/quant racket doesn’t work out 😉

Speaking of the Yen – gold is looking interesting and rather compellingly has been trailing the inverted Yen in the past week.

Which makes for a pretty tasty setup given the formations on both the hourly and daily panels. I’m already long here with a stop < the magical 1200 mark. Why it’s magical – nobody knows – except the GoldGerb and he’s not talking.

More setups before the fold. If you’re stuck behind the paywall, then stop being such a cheap bastard and sign up already!

evil_separator

It's not too late - learn how to consistently trade without worrying about the news, the clickbait, the daily drama and 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.

Please login or subscribe here to see the remainder of this post.

Alright I’m off to the gym – see you guys later!

Sign up here to receive my FREE early morning briefing:

About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator