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Scaring The Children
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Scaring The Children

by The MoleSeptember 20, 2013

You guys are pretty quiet today so I take it most of you are getting ready to enjoy the last summer weekend of this year. In some ways I’m a bit sad to say goodbye to the hot weather here in Spain. But then again – fall is when it gets really busy here at the lair, and I’m definitely looking forward to inflicting some damage on whoever finds him/herself on the other side of my setups πŸ˜‰

So we’re scaring the children a little today – which is not surprising given the level of participation last Wednesday which invariably lures in some of the top chasers (a.k.a. retail). I don’t see anything of interest on the daily but the short term panel dons the 100-hour SMA and I may just try to put up a small long position with a stop below 1705. It’s a speculative play and I won’t throw more than 1/2 R on it but would build it up if it goes my way (if you play along use Bernie’s Pyramid Calculator).

Pretty nifty RTV-S on the ZN futures – on the inverse we actually have a hammer long (H-L) as we are in a bonafide uptrend as defined by a spike low, a higher spike high, and a higher spike low. Really curious as to how this plays out as we’re at the upper 25-day BB. Both setups will be good starting Sunday night, so put it on your list.

Good stuff below – my favorite setups for today are on the Forex side. Please grab your secret decoder ring and step into my lair:

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And now you know what time it is – I for one have to attend to that delicious bottle of Hefeweizen waiting in my fridge. Aaah – simple pleasures…. wishing you all a very relaxing weekend!

Cheers,


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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