Now Reading
Monday Morning Briefing

Monday Morning Briefing

by The MoleMarch 11, 2013

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.

Contract roll over on the E-Mini and thus our continuous chart is a bit more soft technically. However, what we do know is that it’s coiling and that it’s observing both ST SMAs and thus far the NLBL above (which will have expired by the time you read this). It’s looking a bit listless but I’m currently long with a stop below the 100-hour – done and doner.

USD/JPY has been one of the best behaved currency pairs recently. That 25-hour is holding up nicely and as I don’t like to complicate things I remain long with a stop below.

Platinum – started to trade this contract recently and I’m really starting to enjoy it. A bit volatile but it does seem to obey clear cut support resistance/support clusters, in particular my 100-hour BB. I am long right now with a tiny position and will add a few contracts as soon as it crosses that NLBL and its 25-hour SMA. Not yet interested in a short position – I would have to see a bit more activity down here.


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.



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