Presidents Setups

According to the federal government, the holiday observed on the third Monday in February is officially Washington’s Birthday. But many Americans believe that this holiday is now called Presidents’ Day, in honor of both Presidents Washington and Lincoln, whose birthdays are Feb. 22 and Feb. 12, respectively. It turns out that whether you honor one or the other or both of these presidents may depend on where you live as the states decide the holidays. See, they even make taking time off complicated!

The bulls are back in charge now – blasting the way higher. My NQ Thor campaign closed out overnight at the 4R mark which more than made up for losing those SPY lottery tickets. ¡Menos mal!

I can tell from the lack of participation that most of you guys already have one foot out of the door. But I owe it to the hardcore crew here to dish out the goods. So our last laundry list of short term setups before we close up shop for the long weekend.

AUDNZD – I’m waiting for a drop lower (if we get it) to grab a long position near 1.043. Stop below 1.04.

ZF – that’s the 5-year t-note futures contract: Long above that NLBL with a stop below 119’220ish.

Quite a few more goodies below the fold:

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.

And that’s it – I think we’ve done a great job surviving the recent gyrations, we always managed to stay ahead of the tape. And for that alone we deserve a relaxing and fun filled weekend – I hope the weather on your end is playing nice. Over here in Valencia it’s currently over 20 degrees Celsius (~70 Fahrenheit) with plenty of sun – feels like spring already. Not a bad start for Día De Los Presidentes. So unless something drastic happens this afternoon expect my next post on Tuesday morning. Have fun!

Cheers,