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Thursday Briefing Update
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Thursday Briefing Update

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,

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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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