Souljester

LATEST ARTICLES ( 237 )

• 1986 Support Level

  If we are still bullish, this is the anticipated 1986 support today. I am speculating bull here off that support. If we get a buy signal and a strong buy... Read more

  Posted on 15 December 2014 BUSINESS, ECONOMICS

• Long Term Bearish Scenario Now Primary

  

  I have been tracking a bearish analog for the past few weeks, but ignoring it and remaining bullish. Today, a long term trend indicator flipped bearish. Read more

  Posted on 09 December 2014 BUSINESS, ECONOMICS

• Added Second Short Term Short Position

  

  This is still risky countertrend as we do not have a trend sell signal yet. So far it is just moving towards the resistance area above which I have my stop. Read more

  Posted on 03 December 2014 BUSINESS, ECONOMICS

• Harvested Short Term Long

  

  I harvested the short term SPY long from yesterday. I am being careful as the trend indicator has moved to caution as of yesterday. Chart: There is always a bul... Read more

  Posted on 02 December 2014 BUSINESS, ECONOMICS

• Short Term Short off the 208.50 Level

  

  This is a guess that the low is not in on the short term correction. Chart: There is always a bull path and a bear path. We cannot know which path our future... Read more

  Posted on 02 December 2014 BUSINESS, ECONOMICS

• Is a Currency Reversal Coming?

  

  Just an update on the dollar and yen long term potential currency reversal plays. EURUSD has neared its lower support line: USDJPY has neared the fib... Read more

  Posted on 02 December 2014 BUSINESS, ECONOMICS

• Entered Short Term Long Position

  

  As this is the short term potential cycle low, I entered a short term long trade with a stop below the 21 EMA. I need a bigger dip for anything other than... Read more

  Posted on 01 December 2014 BUSINESS, ECONOMICS

• Closed Countertrend Short

  

  I do not like the follow through today so I closed the countertrend short positions. They went no where for me. This could go lower, but the idea was to hold th... Read more

  Posted on 01 December 2014 BUSINESS, ECONOMICS

• RLS Trend Indicator Moves to Caution

  

  The RLS Trend Indicator moved to Caution today. This is not yet a sell signal. This is a time to harvest any remaining long positions and wait to see if the... Read more

  Posted on 01 December 2014 BUSINESS, ECONOMICS

• EURUSD Bullish 8 Hour Chart

  

  If you have been following, I have been looking for a cycle high for the dollar. I was not sure if we would get one more low in the dollar forex pairs (e.g.,... Read more

  Posted on 25 November 2014 BUSINESS, ECONOMICS

• Thanksgiving Week In Equities

  

  The RLS Trend Indicator (on right) has not flashed a caution sign yet for the intermediate term. I am playing for a cycle reset into either the RLS November or... Read more

  Posted on 24 November 2014 BUSINESS, ECONOMICS

• Audcad 8 Hour Chart--redux

  

  I am playing another bullish 8 hour chart on AUDCAD. Hopefully the move is slow enough that I won't sleep through the exit this time. Prior 8 Hour AUDCAD... Read more

  Posted on 24 November 2014 BUSINESS, ECONOMICS

• 5 Minute USDJPY Chart

  

  I am scalping a short here on USDJPY just to see what is up. I am using the 5 minute chart: This is right at bullish continuation support, which is where I swin... Read more

  Posted on 21 November 2014 BUSINESS, ECONOMICS

• Equity Update

  

  Today's gap up was within the various scencarios and at the resistance area. My discipline was to hold the countertrend short into a daily cycle reset and we... Read more

  Posted on 21 November 2014 BUSINESS, ECONOMICS

• Stalking the Yen Reversal

  

  I have been discussing the long term extreme conditions that are being set up in the yen pairs. Now that I have finished this first stab at the dollar weakness... Read more

  Posted on 20 November 2014 BUSINESS, ECONOMICS

• Bullish AUDCAD 8 Hour Chart

  

  I am bullish AUDCAD off the 8 hour chart with a tightish stops. Momentum indicators and lower band area supports the play. All trades can fail. Chart: There is... Read more

  Posted on 20 November 2014 BUSINESS, ECONOMICS

• Equity Update:

  

  So far so good on yesterday's Countertrend Short. I intend to hold it into a daily cycle reset, which I imagine will come around the November 25-27 potential... Read more

  Posted on 19 November 2014 BUSINESS, ECONOMICS

• Resuming Dollar Weakness Plays

  

  I am long AUDUSD and EURUSD again with tightish stops, after taking a break yesterday. Charts: When I started this Dollar Weakness play a couple weeks ago I... Read more

  Posted on 19 November 2014 BUSINESS, ECONOMICS

• Sterling/Yen Bearish H&S

  

  I am playing the bearish head and shoulder's pattern that has been built on GBP/JPY. The neckline has not yet broke, so I am front running it a bit. Read more

  Posted on 18 November 2014 BUSINESS, ECONOMICS

• EQUITIES Countertrend Short Into the November Cycle Low

  

  I have been unwilling to guess corrective structure here, and still am. There are too many divergent possiblities amongst the scenarios. But, the reason I am... Read more

  Posted on 18 November 2014 BUSINESS, ECONOMICS