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What Me Worry?
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What Me Worry?

by The MoleApril 8, 2015

I hate FOMC days – no matter if it’s the notes, an announcement, or just a speech. Usually the entire session is a waste and I rather spend my time attending overdue chores or just hitting the gym (did both today in spates). A few of my Forex campaigns have been taken to the woodshed overnight but except for two I got out at break/even.

Alfred E Newman

So I shouldn’t really worry and just let my campaigns do the talking. With that said let’s take a peek at the survivors and two of the losers – in no particular order:

2015-04-08_GBPCAD_update

GBP/CAD – I got super lucky here. I had it set to flip a few pips below 1.85 and somehow I didn’t get snagged. Looking good now and I’ve advanced my stop to the 100-hour.

2015-04-08_ZB_update

ZB – what a damn dirty shame on this one. I’m pretty certain we’ll see another break out attempt here and I got stopped out at break/even by a few ticks. Well, it happens, no sense getting one’s panties in a twist over it.

2015-04-08_CL_update

Crude – what a shame! Same sentiment as on ZB actually. This one is actually coiling up for a big move and I’ll probably work my way into an entry here again soon. Stand by – I have a feeling we’ll be seeing this one soon again.

2015-04-08_USDJPY_update

USD/JPY – didn’t break a sweat on this one – progressing nicely and I’ve moved my stop near the 100-hour.

2015-04-08_NQ_update

NQ – ditto on this one. It pays to get an early entry and if we can hold into the close we should be able to leave behind that 25-day SMA. Moving my stop below the recent spike low.

And that’s all for the day – no new campaigns – let the market digest the FOMC minutes first. Tomorrow is another day.

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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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