Quiet At The Lair
Quiet At The Lair
I don’t have much to report on the equities front – apparently we’re scheduled for a sideways session with slight bias to the upside. It doesn’t look as if our YM trade is going to make it to 1R today (see previous post), so that gives us until tomorrow EOS to reach that point. Should we fail to get there we will be closing this campaign out – per Ivan’s ProtectR rule set. More details on that tomorrow as things unfold.
The subs got an early long entry on the AUD/CAD on Friday and I think that one is still a good play today. Our stop is below the 100-day SMA which is currently around 0.965. The general idea here is that the combination of the 100-day and 25-week SMAs should provide sufficient support. Flipping sides on a stop out is a definite possibility.
Otherwise it’s pretty quiet over here in the lair – I did however hunted down three nice Forex setups for my intrepid subs:
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Cheers,
