Now Reading
Picking Up Pennies Behind Steamrollers

Picking Up Pennies Behind Steamrollers

by The MoleJuly 7, 2015

The Ozzie RBA announced their interest rate decision early this morning when you seppo rats were still in deep slumber. Not much of a surprise move really – the expectation was 2% and that’s exactly what we got.


Now Skynard and his impetuous ilk hailing from their respective lairs down under seem to prefer doing the chicken dance in front of the Ozzie steam roller. Did anyone read my post yesterday on not taking risky setups in this volatile market phase? Dr. Kurtosis will make you guys his bitch one of these days. Why do I bother…

Now, as you know I myself enjoy preying on disorientated victims after the storm has passed.  Yes, that’s right – I kick them while they’re down and I do it with pride. Excuse me – which part of Evil Speculator wasn’t clear to you?

Before we start let’s once again point out that all the AUD related setups below should not expose you to a loss of more than 1.5% of your account equity. In other words – if you take more than one please split one R between them. Now let’s see what we got on the menu this morning:


Here’s the AUD/NZD and it’s in a very interesting spot as the 25-day is being challenged. I’m currently long but will flip for a short if it drops through 1.118.


AUD/CHF – playing the bounce and my stop is below 0.7012. If I get my way I’ll be out near the 100-hour SMA.

Two more setups looming below the fold for my intrepid subs:


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.

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


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