Now Reading
Watch And Wait

Watch And Wait

by The MoleOctober 15, 2015

Equities are retracing as the sideways volatile range I suspected yesterday is starting to establish itself. I’m not particularly eager to participate here unless we see a bit more context and that won’t be before next week. As of right now I propose a watch and wait approach and to keep your powder dry for hunting season.


When the tape is starting to be more dense or is running all over the place I become even more selective with my entry requirements. As of right now I only have one measly chart to share. AUD/CHF which looks like a possible long here if it can hold those hourly NLSLs. However stop runs have been legion lately and therefore I’ve dropped my stop all the way below the spike low on the daily.

It’s not too late – learn how to consistently bank coin without news, drama, and all the 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.


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