RECEIVE FX TRADER ALERTS TO YOUR PHONE To get the most out of your subscription, please read our FX Trader User’s Guide If you have any questions or comments regarding commentary or plays in this newsletter, please email to fxtrader@shadowtrader.net.
RECEIVE FX TRADER ALERTS TO YOUR PHONE To get the most out of your subscription, please read our FX Trader User’s Guide If you have any questions or comments regarding commentary or plays in this newsletter, please email to fxtrader@shadowtrader.net.
In today’s FX Hour, we discussed we projected 2023 levels using the Monkeybars. In the final FX Hour on the thinkorswim platform, we discussed intraday levels, monthly levels and yearly levels for 2023 using the Monkeybars. We projected the major indexes, gold, silver, and the U.S. dollar looking through the new year for opportunities. We […]
In today’s FX Hour, we discussed change in the Bank of Japan’s monetary policy which allows for a rise in interest rates for the first time in 23 years. We discussed the impact of the yen on multiple currency pairs and discussed how all of the “major” currencies and their respective central banks have now […]
In today’s FX Hour, we discussed the slowdown in Consumer Price Index and Pricing in the Fed Rate Expectations We discussed the large bullish spike in equity prices followed by a sustained selloff throughout the day as an indication that the market has priced in all the Fed Rate hike potential for Wednesday. We reviewed […]
In today’s FX Hour, we discussed the U.S. equity markets sitting at a balance point where we are expecting a 5% move up or down in the next 3 weeks. We reviewed the major equity indexes and how they are at a point of inflection as well. We looked at the U.S. dollar and the […]
In today’s FX Hour, we started projecting December price levels for key instruments We discussed the major indexes and currency pairs and began using the MonkeyBars to estimate the values going into December. We also discussed retail sales and Black Friday results, highlighting that they are not inflation adjusted. We discussed the expectations of a […]
In today’s FX Hour, we further discussed Best Buy’s (BBY) better-than-expected earnings and the low volume in trading. We looked at the Best Buy beating analyst expectations but falling lower than last quarter and just over half of last year’s earnings for the same quarter. It appears as though investors are desperate to justify bullishness […]
In today’s FX Hour, we further discussed Producer Price Index slowing down We looked at the impact of slower inflation and what we can read into the Walmart (WMT) earnings report. We discussed consumer savings and consumer debt. We also discussed substitution versus lower prices in inflation data. We looked at commodity prices and the […]
U.S. equities jumped higher and volatility dropped as investor’s risk appetites rose. The U.S. dollar recovered with unwinding of the previous week’s defensive plays. Bonds gapped down as well did gold prices in today’s price action as well. The EUR/USD sold off and fell back into profitability for us. We are watching for a break […]
The U.S. dollar went down in flames today, dropping more than 2% in a matter of a couple of hours. This is one of the largest drops in the dollar in years and New York Fed’s William Dudley’s comments are being accredited for the drop. The dollar fell equities fell and crude rallied. By the […]
U.S. equities gapped up and closed lower today. When looking to see where money moved, we can see that the dollar did not gain nor did bonds and commodities continued to move lower. With equities, commodities, bonds and the dollar down, we saw some money move to the pound and into some defensive sectors. The […]
Greetings Pairs Traders I thought it might be interesting to take a look at pairs from a couple of different perspectives and styles. Our top chart is our standard pairs set-up with all of the pairs wicks exposed. Now, as pairs traders we know, that we don’t use the values of the wicks, but only […]
