Things Are Looking Up
Things Are Looking Up
I’m feeling quite a bit better today, so things are looking up – and apparently also so on the equities side (what else is new…). Sorry, but no equities setups again this morning – still too little context as the bot sponsored melt up higher continues. Alright, due the time change back to standard time over here in Europe last weekend I’m running one hour ahead, so let’s get to the setups. Once again all the fun seems to be happening on the Forex side:
This is a nice but speculative one. Obviously this sideways range could easily continue for another session or two but I cannot ignore the Bollinger compression on both the 100-h and 25-h. Thus a pop above my entry trigger (on the chart) would get me long.
AUD/CAD – theoretically an hourly RTV-S starting at 9:00am EDT (you guys are still in daylight saving time until the first week of November). However given the context (NLSL and 25-hour below) I would want to be long here as long as the NLSL holds up. Short side looks difficult frankly so I won’t bother.
But we’re just getting warmed up – please step into my lair:
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Cheers,
