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Wednesday Morning Briefing
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Wednesday Morning Briefing

Wednesday Morning Briefing

by The MoleJune 12, 2013

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for more longer term positions.

I’m going to do a bit of a reverse flip today in that I have a very juicy equities setup on the daily which I’ll reserve for the subs. Fort the rest of you guys here’s platinum looking pretty good as it’s retesting its 25-hour SMA and a NLSL. I think either direction here is good to go as it’s a crucial stage in the attempted reversal.

NZD/JPY – just pushed above its 100-hour SMA and I’m long with a stop below. Not interested in a short breach at this time.

AUD/JPY still pinned below its SMA and I’m short here below that NLBL until price tells me otherwise.

Alright, let’s get to the really exciting stuff – please step into my lair:

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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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