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Thursday Briefing Update
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Thursday Briefing Update

by The MoleSeptember 27, 2012

Thus far a rather productive day – here’s what happened since I posted a few day trade setups this morning:

Gold – great entry at the Maginot Line this morning and we are at target. I am scaling out there as we are touching ST resistance.

Crude – well, it stopped me out of my existing short once it breached that 100-hour SMA. Long now with a stop below.

AUD/USD – nice entry there and it’s on its way. Target near 1.047.

Dollar – this one swung both ways. I only grabbed the upside but I’m showing that trading the resulting drop would have worked as well. Admittedly a difficult one and easily missed if you weren’t watching the screen. That’s why they are day trades of course.

Let me dig around for some interesting EOD perspectives.

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.
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