Monday Morning Briefing
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.
I’m still collecting charts but wanted to throw this out to you guys right away. You may recall the IP on the TF futures last Friday – well, it’s triggering right now. So have at it but make sure you don’t get over exposed – I strongly recommend our handy Futures Risk Calc:
The IP counts 9.8 handles thus we use 98 ticks which according to our risk calc permits us one contract on a $100k account.
Plenty of juicy setups this morning – please join me in the lair:
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