Setups Quick Dash
Setups Quick Dash
Forgive me for the late post but I had to yield to Volar’s most excellent treatment on FDOM. With only 25 minutes to go in the NYSE session I better skip the comedic appetizers and start dishing out the charts.
USD/JPY looking juicy – I like that bounce off the 100-day SMA. A bit late to dip into this right now but we probably get a retest, so keep your eyes peeled.
AUD/JPY about to cross the Rubicon – this could get ugly in a jiffy and I am short with a stop right above that 100-day SMA. Confirmation is at the lower 25-day BB near 82.5 – we already touched it but snapped back. So this thing could still turn and it’s not too late to take either side – depending which way of the 100-day SMA it’ll pick.
More where that came from – please drop into my temporary Madrid Ersatz-Lair:
[amprotect=nonmember] More charts and cynical commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.[/amprotect] [amprotect=1,13,9,12,5]
Gold is back at its 100-day SMA – you know the drill. We are going to short this bitch until we see a breach above – at which point we of course we are going to flip this trade and bank some mighty coin. After all we are not gold bears or gold bugs – we are stainless steel rats, damn it!
Inside day on copper – you know what to do!
Inside day on corn as well – so you better get cracking. Check out the next chart if you have any reservations about playing the corn futures.
I don’t know the option smile on this guy but it’s rather clear why the Mole is excited about taking this trade. Please dark Lord – let it be a push above the 100-day SMA. Can this get any sweeter? And yes, due to the advanced stage of my mental disease I am considering to play this with some OTM puts or calls (depending on the direction). FYI – I plan to be out rather quickly as I expect a long candle.
Soybeans – you guessed it – inside day!!
Others promise – the Mole delivers. Inside day on wheat as well – I would take ths either way as someone is going to get squeezed. Extra credit for evil factor.
You got 13 minutes – go cracking 😉
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Cheers,
