Souljester

LATEST ARTICLES ( 237 )

• Weekly Stock and Currency Market Update, Outlook and Forecast: Staying Long...

  

  This week, I entered two long positions off indicator extremes. The short term resistance target is around 1815 (the declining 78 ema on the hourly as noted in... Read more

  Posted on 29 January 2014 BUSINESS, ECONOMICS

• EQUITIES: Entered Second Long Position

  

  This could cascade down here. If it does not, this is a massive dip buy area for a short term snap back up into the moving averages. I am entering a second... Read more

  Posted on 27 January 2014 BUSINESS, ECONOMICS

• Equities: Harvested as We Near Bounce Area on Some Indicators.

  

  I have harvested half the short position. This is nearing bounce levels on some of the indicators, but I will need to check some after hour indicators and ponde... Read more

  Posted on 24 January 2014 BUSINESS, ECONOMICS

• Harvest and Reversal Play--Equities

  

  Blogger has been down. Here were the moves per twitter: The exit chart: The entry chart: I am not going to mind that stop for now. I want to see a bounce first... Read more

  Posted on 24 January 2014 BUSINESS, ECONOMICS

• Weekly Stock and Currency Market Forecast, Update and Outlook for Next Week

  

  I am still out for the remainder of the week but thought I would do a quick post. Per the recent tweets, I am staying with the indicator signal (rather than... Read more

  Posted on 16 January 2014 BUSINESS, ECONOMICS

• Equities: 78.6 Retrace Below the Stop out Area.

  

  Looks bad for the equity trade today. I have no confidence which way this is going. Looks bullish off that low. I am continuing the play into a January 20-21... Read more

  Posted on 14 January 2014 BUSINESS, ECONOMICS

• Stock Market Update: Equities Nearing Stop Area

  

  Equities are close to breaking down. Structure is still bullish. I am honoring the stop level on the short term bull structure. The 21 EMA is right below us. Read more

  Posted on 13 January 2014 BUSINESS, ECONOMICS

• Equities REVERSED AT 1820

  

  Market is now on sell with a stop at today's high. Chart: The stop out resulted in -20.80 SPX points, leaving me at -22.08 for 2014. Prior Entry and Point... Read more

  Posted on 13 January 2014 BUSINESS, ECONOMICS

• Equities: Stock Market Cross Roads Update

  

  I have been waiting and waiting for a break of the 21 EMA on the short position. I have taken off the short position. Bears failure to take out the 21 EMA this... Read more

  Posted on 10 January 2014 BUSINESS, ECONOMICS

• Stock and Currency Market Update, Outlook and Forecast: End of Week

  

  A quick end of week market update, outlook and forecast for end of week. With the exception of EURUSD, the setups are all going the correct way per the prior... Read more

  Posted on 10 January 2014 BUSINESS, ECONOMICS

• Weekly Stock Market Update, Outlook, and Forecast: Market at Short Term Cross...

  

  Mid-week update. Per twitter this morning, I have booked all currency trades here and have switched to a NZDJPY bearish play off the 3 hour chart. I am playing... Read more

  Posted on 08 January 2014 BUSINESS, ECONOMICS

• Audusd Short Term Setup

  

  There is an ABC down in AUDUSD. This is challenging the nascent uptrend we experienced last week. This is a reentry point with a tight stop. A break of this sto... Read more

  Posted on 07 January 2014 BUSINESS, ECONOMICS

• Currency Update: USDCHF

  

  Just an end of week USDCHF update (inverse to EURUSD). The big setup that I identified is paying off here. USDCHF BIG SETUP POST. The weekly chart is now... Read more

  Posted on 03 January 2014 BUSINESS, ECONOMICS

• Long Term Gold Update

  

  Gold is still holding that big support at the 61.8 Fibonacci retrace. Prior Gold Update. Today, it is still acting like a bottom and we have divergences in the... Read more

  Posted on 02 January 2014 BUSINESS, ECONOMICS

• SMALL CAP BEARISH COUNT COMPLETES--Is the 2009 Low Next?

  

  I do not believe in making "calls" as that is ego. I prefer to track scenarios, stay flexible, and try to be present. However, if one were to make a dommer... Read more

  Posted on 02 January 2014 BUSINESS, ECONOMICS

• Yen Strength and Equity Weakness

  

  Just tracking what I have been watching for. We are getting what we expected from the markets today. We have Yen strength and equity weakness today. Read more

  Posted on 02 January 2014 BUSINESS, ECONOMICS

• Happy New Year--Tech Completes and Hits Resistance

  

  This is an equity update. We have been waiting for NDXE to complete near year end after large caps held their 50 DMA. Waiting for NDXE Post. Today, NDXE hit... Read more

  Posted on 31 December 2013 BUSINESS, ECONOMICS

• USDCAD UPDATE and Initial Target

  

  A quick update on USDCAD short setup. Prior USDCAD Post. We have a breakdown again today and now a C wave intial target around 1.0484, which is the 161.8 and... Read more

  Posted on 30 December 2013 BUSINESS, ECONOMICS

• Weekly Market Update, Outlook and Forecast--Week of December 30, 2013

  

  Just a quick holiday post. The Yen pairs have hit their resistance areas that we have been tracking. Though I suspect risk off is coming, I won't touch a Yen... Read more

  Posted on 30 December 2013 BUSINESS, ECONOMICS

• NZDUSD Weekly Breakout?

  

  I have been tracking NZDUSD for a potential hold of the pivot low over the past few weeks. Overnight we got a strong move up and have broken the prior week high. Read more

  Posted on 30 December 2013 BUSINESS, ECONOMICS