Wrapping Up The Week
Let’s just assume you are a sub – you showed up for my early morning briefing – paid attention – abandoned all personal biases and opinions – and hence jumped into at least two of my FX setups (the post is freely available now). Well, IF so then you should be smiling all the way to the bank today. If NOT, well there’s always another day.
Okay, let’s revisit some of the highlights of the day:
Great early morning entry on EUR/JPY – it tried to fake us out but that NLBL breach was a great signal for a push higher. Take profits now!
GBP/JPY – I did point out the rather obvious Bollinger compression. What were my very words? Most likely a big move is coming. Well you got it and then some. Again NLBL breach which put you in a long position. Well done and take profits now.
GBP/CAD – I did expect a little reversal at the 100-hour but this is ridiculous. Seriously I’m not that good – we got lucky here today. But if you took the technical entry you ought to be donning a pretty silly smile right now. Oh yeah – take profits.
CAD/JPY – again we were looking at a pretty extended Bollinger compression here. And that NLBL was a great entry for a ride higher. If you missed that one there was another one near the upper 25-BB line. I hope you didn’t snooze either of the two. Smiles all around and we’re taking profits.
CAD/CHF – similar situation – BB compression was not as pronounced but present. Again NLBL entry plus the 100-hour was never breached. I hope you caught this sucker – if you did then I’m sure it’s smiles all around and you should take profits.
See, we do this here every day at Evil Speculator. You can either join us or you can trade against us 😉
I’ve worked my butt off in the past few months and need a breather. So I’ll be following Scott’s example and head out of town for a few days. This is the lovely beach you may find me at tomorrow, and believe me, I won’t even be glancing at a chart until Sunday afternoon. Most likely next post will be Monday morning. Hope to see you all then, bright eyed and bushy tailed.
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.