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Monday Morning Briefing
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Monday Morning Briefing

by The MoleNovember 3, 2014

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.

2014-11-03_gold_briefing

Gold is attempting to turn the tide on its hourly panel right now and although it’s a very speculative play I’ll throw in 1/2 R with a stop below 1.168 (a bit lower than what’s on the chart – changed my mind). Again, low probability setup but high pay off it it pans out.

2014-11-03_Dollar_briefing

The dollar continues to climb and I’m long as soon as I see a close above the NLBL at 87.3. My stop will be placed below the 25-hour SMA which is currently hovering around 87.129.

More below the fold – please join me in the lair:

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You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.

Cheers,


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.
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