lynersen
Long

wait for the MACD cross - and then going long

OANDA:SUGARUSD   Sugar
48 3 3
2 months ago
Hi all,

Waiting for the MACD cross before I enter the long trade.
2 months ago
Comment: seeing the wider perspective:
snapshot
2 months ago
Comment: The 30 min chart MACD have crossed - be ready to go long - expect trade to be active soon.
snapshot
2 months ago
Trade active
2 months ago
Comment: Most of the brokers are expecting sugar to drop down.
I see it a bit different - I still expect it to climb higher - before going down.
snapshot
2 months ago
Comment: Waiting for the breakout anytime soon
snapshot
2 months ago
Comment: I will issue a little warning - as the USD/BRL are having quite impact on sugar.
Last day - we had a drastic increase in USD/BRL - which could influence sugar and give it sligth knock down today.
I am still expecting it to break through the tunnel and make a climb upwards - but it might go down before it will happen.
snapshot
2 months ago
Comment: Some would argue, that the increase in USD/BRL would help the Brazil producers and have a positive impact on sugar price - but fact is, that looking at longer peroiod, the sugar decrease with almost exact same degree as USD/BRL increase
snapshot
2 months ago
Comment: So - watch out the coming days and follow the USD/BRL as well.
14 days ago
Comment: Happy New Year Traders.
Finally - we got the breakout. A lot later than I expected - but now it is there.

Expect some corrections the next couple of days - before we will see it go even more bullish.

Chart to follow:
14 days ago
Comment:
snapshot
jostitrade
2 months ago
Got my silver maples...just wondering what the strong dollar has impact on the metal prices. Also the wondering about the paper manipulations as 'they' might try to dump paper garbage to lower the price and buy back physical on the market?
Reply
lynersen PRO jostitrade
2 months ago
@jostitrade,
It will have some impact - but not in the long run.
I have been following all news and alert on slightest USD correction - but in the long run, it will still be the chart who win the trade ;)
Reply
lynersen PRO
14 days ago
snapshot

Reply
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