Now Reading
Scottish Quadruple Witching Alibaba Friday
164

Scottish Quadruple Witching Alibaba Friday

Scottish Quadruple Witching Alibaba Friday

by The MoleSeptember 19, 2014

I’ll be very brief this afternoon for two reasons. First, it’s been a very rough session across the board as it’s not only quadruple witching Friday (definition here) but just to juice the goose a bit more Alibaba [BABA] went IPO today and the Scott’s decided to remain part of what remains of the once great British Empire.

Great_Witches

So volatility and confusion in spates and thus I’ve been mostly staying out. Took a ST long position this morning which however was stopped out when the ES dropped through 2006 and proceeded to test the 2k mark (as in scenario B I mentioned this morning).

2014-09-19_play_the_swings

Which means until further notice we are back in the ‘play the swings’ zone again. You know – the dreaded 20 handle trading range between 1990 and 2010. The 25-hour BB touch this morning was a first foray into leaving it behind but today surely was not the day – quite frankly I should have probably known better. But the Mole was otherwise occupied to be frank.

Which brings me to the second reason I hinted at above in the intro. Here’s the skinny: For the past two months I have been laboring behind the scenes on something new and extremely exciting. Scott (roughly) knows what it is but even he has no idea what exactly I have been cooking up in my evil lair. Well, I’m getting closer to making an announcement and quite frankly I think it’s going to blow everyone’s socks off. Trading will never be the same for any of us – that’s all I can say for the moment.

And now that I have tickled your collective curiosity let me crack open a cold one and allow to me get back to work – I better live up to my sensationalistic promises. See you guys on Monday!

It’s not too late – learn how to consistently bank coin without news, drama, and all the 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.

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.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator