Now Reading


by The MoleMay 16, 2012

While equities are pressing everyone’s buttons at once let’s take a quick look at some targets we touched today:

USD/CHF – clean entry a few sessions back and I decided to reap my rewards today.

Copper – same deal but in the other direction. Also at target – yes, it may overshoot but I’m not in the gambling business – out and about.

I went long wheat on the 10th with a stop below 595. Unfortunately that one got stopped out but I went back in when we painted an inside day. Which paid off handsomely in the past two sessions. To my dismay I think I forgot to tell you guys about that second entry – I went back and looked and don’t see it. My bad!! :-} Doesn’t happen often but sometimes the timing does not permit me to include everything.

Natgas is not at target – yet. But I wanted to put up this chart as I remember some of you heading for the hills for no reason. And once again it pays to sit and do nothing – my favorite type of job! πŸ™‚


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