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Wild Monday Morning Briefing

Wild Monday Morning Briefing

by The MoleMarch 31, 2014

It’s already been a rough early session today on the Forex front  as the Eurostat consumer price index for March threw a good monkey wrench in any EUR related pairs. And on the U.S. side at 9:55am EDT we’ve got  Yellen scheduled again – seriously, is she on every single week now? Haven’t we suffered enough?

Anyway, I recommend you watch your six an hour after the open as I expect a hefty helping of volatility on the equities side. A few hours later it’s Carney’s turn – so cover any GBP pairs beforehand. For your convenience I have posted a guide to negotiating today’s market minefield above.

We actually have a very nice configuration on the ES and YM today but given the event schedule enter at your own risk. If the above NLBL triggers anytime soon I may jump in with 1/2R but make sure to be out before Yellen strikes at 10:30am EDT.

I however have some general observations about the current market condition I would like to share – please step into my lair:


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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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