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- SunTrader replied May 23, 2018
You are confusing price movement with profit. No one catches the top and bottom of every move.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- SunTrader replied May 23, 2018
U.S. futures have stabilized, at the moment anyway, but I'm not looking long just yet.
Carpe diem: Intraday tactics for Dax and Dow
- SunTrader replied May 19, 2018
Most likely move off the lows (so far not even a 23.6% retracement) is just a correction (wave a of abc on H1 chart) to the main down trend.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- SunTrader replied May 18, 2018
Another day of Treasuries up (and inversely interest rates down) which means USDJPY down.
USD/JPY Discussion
- SunTrader replied May 18, 2018
I prefer using time framed based RSI lengths as opposed to just default of 14. Also since I use RSI strictly as a trend indicator my levels (not for OB or OS) are 60 and 40 - and actually my software allows even finer levels so I make them fib ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
- SunTrader replied May 17, 2018
The Fed controls the world economy - along with our military might. Until that is no longer the case funds will continue flowing to the U.S. Dollar. Even if it doesn't really economically deserve it.
USD/JPY Discussion
- SunTrader replied May 17, 2018
Rising interest rates, rising oil prices and with it gasoline prices (plus inflation overall) rising value of the dollar, rising budget and trade deficit but still puny wage growth - the economy should be in "great" shape soon enough.
USD/JPY Discussion
- SunTrader replied May 17, 2018
Not very likely any major new NAFTA deal announcement today - other than something like .... we are getting closer to finalizing it. But time seems to have run out of Congress passing anything still this year. Best to consider it a non-factor IMO.
USD/JPY Discussion
- SunTrader replied May 16, 2018
I prefer closing prices when looking at Daily timeframe and higher truncating wicks (especially at high it was basically a double top) and looking at chart pic see how 38.2% retracement level missed by only 2 pips and 61.8% was exact. Today's candle ...
EURUSD
- SunTrader replied May 15, 2018
Headline I just saw: North Korea warns US as it suspends South Korea talks over military drills
USD/JPY Discussion
- SunTrader replied May 15, 2018
The Japanese economy hasn't gained strength in decades. They were the first to go to ZIRP and will most likely be the last to end it.
USD/JPY Discussion
- SunTrader replied May 15, 2018
Treasuries dropping, rates rising. I expect USDollar to continue to rise also. And oh BTW gold like Treasuries is dropping.
USD/JPY Discussion
- SunTrader replied May 15, 2018
While Dow stabilized (at the moment) S&P and Naz continue going down.
Carpe diem: Intraday tactics for Dax and Dow
- SunTrader replied May 14, 2018
Back above open. Slightly.
Carpe diem: Intraday tactics for Dax and Dow
- SunTrader replied May 14, 2018
Dow is trading below 930am RTH open.
Carpe diem: Intraday tactics for Dax and Dow
- SunTrader replied May 10, 2018
Or just trade Yen futures themselves at 2/1 no carry debit/credit crap etc.
USD/JPY Discussion
- SunTrader replied May 8, 2018
Same above although middle box are not wicks per se but sure are indecisive candles:
USD/JPY Discussion
- SunTrader replied May 8, 2018
So far Treasuries down, rates up. Which has helped somewhat the dollar. Will it last? Probably not.
USD/JPY Discussion
- SunTrader replied May 7, 2018
On second thought I rechecked my wave count and now believe we will drop to 108.45-108.58 or 108.180-117.94 zones between overnight/tomorrow mid day before resuming uptrend to 110 or so.
USD/JPY Discussion