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