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
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
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
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
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
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
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
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.
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
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
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