Quick And Dirty

So much to his chagrin the Mole somehow caught a nasty cold over the weekend. As my head feels like Mike Tyson’s speed bag I hope you’ll forgive me if I keep it brief today. Before we get to a few juicy Forex victims let’s quickly revisit three of our recent trades:

I’ve been hoping for an entry into crude on the daily and was already facing the possibility of it running off without us. Fortunately this morning’s hourly presented a juicy setup I wasn’t willing to pass up. So far so good and I deem the current retest as obligatory. However my stop stands below that NLSL and it would be best if that hourly NLBL hold up, otherwise we may have to sit through a few more gyrations.

Gold is taking off slowly and I hope you got that IP entry the other day. As I pointed out last week – that weekly NLBL will have to be conquered by Friday or we’re going to see a bit more whacking around. For now there’s nothing to do but watch.

Platinum’s hammer entry triggered early today and so far we’re in good shape. This is the setup only the subs saw and for a reason as I preferred it to the one in gold. Better context and the 25-week SMA was already broken last Friday. Again, nothing to do here right now – either she runs or she doesn’t.

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Alright, I’m going to catch some rest – hope to be feeling better tomorrow.

Cheers,