Thursday Morning Briefing
Thursday Morning Briefing
Recently it seems that the early morning entries are where the getting is most profitable. If you recall my 13R equities campaign in ES started out this way near 1872 and yesterday morning I got what I would call a perfect entry near support.
Someone asked me how I was managing this campaign and at this point I’m keeping it simple by using the most recent spike low as my stop, which right now means a tick below 4203.
EUR/USD is messing around but may finally have sufficient context for a drive higher. I’m long here with a stop below 1.244.
Gold also looking like it wants to run higher although I’m still suspicious as it usually has a habit of driving everyone nuts for a while before it takes off.
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You have been briefed – now have fun but keep it frosty. See you guys later this afternoon.
Cheers,