Now Reading
London Not Calling
146

London Not Calling

London Not Calling

by The MoleAugust 27, 2012

London is closed and not surprisingly the tape on all fronts is plotting sideways today. Which gives me this crazy idea about taking a day off for a change. The mistake I make is to casually mention it in the comment section – and of course I get shamed right back into productivity mode. That’s right – the Mole only posts six days a week for the past four years. A day off? Not on captainboom’s watch!

So I promise to look around to see if I ‘run into something interesting’ – obviously hoping that I won’t. Except that I do – of course – I just can’t help myself. So there you go – let’s have it:

I posted this one earlier today but not much has happened since, which is good if you weren’t paying attention this morning. The spoos are pinned right below the daily NLBL after breaching a NLSL earlier. If we push higher tomorrow I think we may be off to the races again – keep an eye on this one overnight – I think this is an important inflection point.

Ole’ bucky painting an inside day near its 100-day SMA. I like it either way – you know what to do.

Here’s the zoomed in version – also wanted to point out that it’s an NR4 day (narrowest range in four days) as well.

Almost identical setup (inverse of course) on the EUR/USD.

Before I forget it – start taking some profits on silver – we are close to hitting our T1 cluster. We got two textbook entries on that one and if you missed it then you only have yourself to blame.

A few more goodies for my intrepid subs:
[amprotect=nonmember] More charts and non-biased commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
[/amprotect] [amprotect=1,13,9,12,5]

Corn sitting right at NLSL support. Great long here as long as it holds – stop below that NLSL.

Similar setup on the NZD/USD – I hope this thing finally gets out of the gate. Is everyone asleep down under?

USD/CHF – great inside day near the Maginot Line. You know I like those setups – would love to see a long breach tomorrow.

And yes, it’s actually an inside day + NR4 combo – so have at it!

[/amprotect]

That’s all the productivity you’ll squeeze out of me today – don’t push you luck, steel rats! 😉

Cheers,

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