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ZeroFX Signal Update

by The MoleDecember 8, 2011

Earlier today I sent out an email to all Zero subs after seeing signs of selling exhaustion on the AUD/JPY:

This is the screen grab I attached to the email. Not only was this a possible selling exhaustion setup, we also had a very conveniently placed NLSL nearby which allowed us to place a stop only a few pips below our entry – offering minimum risk. Now let’s see what happened to that setup:

Well, I can firmly assign this to the kick ass trade category. Not only took the AUD/JPY a b-line upward – it also bestowed us with an inverse buying exhaustion signal indicating that it was time to exit and grab a few pips to the downside.

Please show me any other indicator that gives you signals like this. And we haven’t even covered signal divergences yet.

The future is now – so don’t bring a knife to a raygun fight. If you are interested in becoming a Zero subscriber then don’t waste time and sign up here. A Zero subscription comes with full access to all Gold posts, so you actually get double the bang for your buck.

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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