Uncle Booshi

FX, Oil & Indices Trader | 7 Years in the Markets | Trying to be directionally right more than dramatically wrong.

[Uncle Booshi @UncleBooshi]

My broker calls it "rebalancing". I call it watching my life savings quietly emigrate to someone else’s account while I queue for beans on toast. #Trading #StockMarket

[Uncle Booshi @UncleBooshi]

The S&P 500 is starting to resemble an M-top on the weekly chart.

Two clear peaks, momentum fading, and price struggling to push higher.

Now add this: the monthly has printed a hanging man right at the highs — not something you want to ignore after an extended move.

If the neckline breaks, this could shift from “buy the dip” to something more corrective.

Risk management > conviction here.

#SP500 #StockMarket #Trading #TechnicalAnalysis #PriceAction #Investing #MarketUpdate

[Uncle Booshi @UncleBooshi]

The #USD still runs the system, but foreign capital is clearly de-risking. $dxy

[Kalshi @Kalshi]

JUST IN: Foreign institutional ownership of the USD falls to “lowest level” this century

[Uncle Booshi @UncleBooshi]

@AshCrypto https://t.co/ljrWDZNWAX

[Uncle Booshi @UncleBooshi]

#Bitcoin - A close in/through this zone could open the doors to 49k. Although there will likely be a bounce towards 65-72k region first. $BTC #Crypto

[Uncle Booshi @UncleBooshi]

$XAUUSD Eventually made it to the second level as well. #Gold

[Uncle Booshi @UncleBooshi]

Clockwork. $XAUUSD #Gold $GC

[Uncle Booshi @UncleBooshi]

Jobs miss: 57K vs 113K.

That’s the kind of print that keeps the Fed easing debate alive.

USD down, rates down, equities probably more nuanced.

#NFP #Fed #USD #JobsReport

[Uncle Booshi @UncleBooshi]

I think it would be very rude not to long #USDJPY at the green line for a mean reversion quickie. Needs to collapse into it ASAP.

[Uncle Booshi @UncleBooshi]

I'll be watching this level in cable for a quick short should it setup correctly. Might have to wait for PA around it depending on where $dxy is at the time. #GBPUSD

[Uncle Booshi @UncleBooshi]

There you have it. $USDJPY #Yen

[Uncle Booshi @UncleBooshi]

Japan looks to be changing tactics on #yen intervention: less warning, more surprise. By keeping traders guessing, authorities can make shorting the yen riskier and force speculators to think twice. Whether that changes the bigger yen trend is another matter. $USDJPY

[Uncle Booshi @UncleBooshi]

Japan looks to be changing tactics on #yen intervention: less warning, more surprise. By keeping traders guessing, authorities can make shorting the yen riskier and force speculators to think twice. Whether that changes the bigger yen trend is another matter. $USDJPY

[Uncle Booshi @UncleBooshi]

They better not. They are so annoying that after acquiring @BitstampUK I'm seriously considering closing my account (not that I use it anymore at all). High fees. Insane spreads. No liquidity. Too many, repetitive, compliance emails. Constant account deactivations until you upload the same documents you uploaded a month prior again...No thanks. #CryptoMarket #crypto #Bitcoin $BTC

[Watcher.Guru @WatcherGuru]

JUST IN: 🇬🇧 Robinhood to launch crypto trading in UK.

[Uncle Booshi @UncleBooshi]

Nothing like a clean read, a missed entry by a pipette, and the market telling you to sit down and suffer quietly. You know nothing about pain Michael.

[Michael Owen @themichaelowen]

What chance have you got? If that’s not a penalty on Kane I don’t know what is. Absolute disgrace.

[Uncle Booshi @UncleBooshi]

Clockwork. $XAUUSD #Gold $GC

[Uncle Booshi @UncleBooshi]

$XAUUSD As it stands, #Gold looks like a clear long to either of the levels. Will likely get there by tomorrow. $GC $GLD

[Uncle Booshi @UncleBooshi]

That was one sloppy intervention. $USDJPY

[Uncle Booshi @UncleBooshi]

The #yen isn’t “orderly weakening” anymore – it’s a slow‑motion policy failure dressed up as “flexibility.” If this isn’t the moment to stop defending yesterday’s framework and start defending the yen…then when is?
$USDJPY @Bank_of_Japan_e

[Uncle Booshi @UncleBooshi]

@Trader_Dante Happy Birthday Tom - the man responsible for my trading habits and at least 73% of my emotional damage. Still cheaper than therapy.

[Uncle Booshi @UncleBooshi]

#Bitcoin - A close in/through this zone could open the doors to 49k. Although there will likely be a bounce towards 65-72k region first. $BTC #Crypto

[Uncle Booshi @UncleBooshi]

$XAUUSD As it stands, #Gold looks like a clear long to either of the levels. Will likely get there by tomorrow. $GC $GLD

[Uncle Booshi @UncleBooshi]

The #yen isn’t “orderly weakening” anymore – it’s a slow‑motion policy failure dressed up as “flexibility.” If this isn’t the moment to stop defending yesterday’s framework and start defending the yen…then when is?
$USDJPY @Bank_of_Japan_e

[Uncle Booshi @UncleBooshi]

Imagine hodling through ten drawdowns just to watch the high priest of “never sell” float a $1.25bn exit button.
Next up: “it’s not a dump, it’s active capital management.” bitcoin:native

[zerohedge @zerohedge]

Strategy Says It May Sell Up to $1.25 Billlion of Bitcoin