Now Reading
Time To Start Paying Attention
23

Time To Start Paying Attention

by The MoleApril 27, 2015

I’m sensing an increasing amount of mental exhaustion right here in the comment section. I can’t really blame you as it’s perfectly natural to start feeling frustrated after several weeks of sideways volatile market conditions across all four verticals (i.e. equities, bonds, forex, futures). However – I think I have done a pretty good job of keeping you guys out of trouble, plus things are slowly coming into sync here. I can’t promise that we’re at the cusp of a new (and hopefully more directional) market phase – but judging from the roster of setups waiting in the bullpen below I think it’s time to start paying attention again. So let’s get to it!

2015-04-27_spoos_update

Boy did I have it wrong on the E-Mini this morning – my prognosis was that we’d hit the ground running after around 2115 but as soon as it happened the tape turned on a dime. I did however anticipate the possibility of a last kiss goodbye move to the downside, so if you catch the Es near its 100-hour SMA then a small long entry has pretty decent odds. If 2103 fails then we may be dealing with a false break out and that means we’re back in hell for another week or two.

2015-04-27_copper_update

Copper campaign update – great entry this morning and she’s looking hot! Moving my stop to break/even now.

2015-04-27_NZDUSD_update

NZD/USD – even better entry and my evil plan seems to be unfolding as planned. Also moving my stop to break/even here.

2015-04-27_USDCHF_update

USD/CHF – now that was interesting! That blue line signifies the daily NLBL at 0.9493. I grabbed a long position right after that touch and my ISL remains below 0.9493. Still early in the game however and we could see another drop lower.

2015-04-27_eurusd_setup

We got a ton of juicy looking setups today – here’s the EUR/USD which (much to my chagrin) appears to be bent on pushing higher. I am waiting to grab a long near 1.086 with a stop below 1.0818.

2015-04-27_AUDCAD_setup

AUD/CAD – long here with a stop below 0.9475. Definitely like that formation on the daily.

evil_separator

It's not too late - learn how to consistently trade without worrying about the news, the clickbait, the daily drama and misinformation. If you are interested in becoming a subscriber then don't waste time and sign up here. The Zero indicator service also offers access to all Gold posts, so you actually get double the bang for your buck.

Please login or subscribe here to see the remainder of this post.

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.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

BTC: 1MwMJifeBU3YziDoLLu8S54Vg4cbnJxvpL
BCH: qqxflhnr0jcfj4nejw75klmpcsfsp68exukcr0a29e
ETH: 0x9D0824b9553346df7EFB6B76DBAd1E2763bE6Ef1
LTC: LUuoD6sDWgbqSgnpo5hceYPnTD9MAvxi6c
PayPal: https://paypal.me/evilspeculator