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- Jade Gate replied 3 hr ago
There will be barely any movement when the JPY rate decision comes out, except for the Yen pairs to go on another north romp like they did last time with BOJ's "surprise" rate decision. GBPUSD and USDJPY have always had an inverse correlation to ...
- Jade Gate replied 8 hr ago
If ever those JPY fuckwits running the show are planning to intervene, NOW NOW NOW is the time to do it. Stupid meaningless words and even more stupid BOJ rate policy isn't going to come even close to dealing with the mess they've made.
- Jade Gate replied 9 hr ago
Do have to wonder if the Yen will EVER resume the role it once had, as the lead indicator for "risk off". Is this the week for it or no?
- Jade Gate replied 36 hr ago
They are "sisters", EU and GU. Like most sisters, sometimes they get along well, travelling in the same direction. Other times, they hate each other's guts, and make it known, going in opposite directions. That's why watching the EURGBP cross ...
- Jade Gate replied 38 hr ago
VIX tanked yesterday during US session when equities were having a north party. VIX doesn't trade without US equities live.
- Jade Gate replied 39 hr ago
Very possible. OIL chart - strong collection of wicks on daily chart, meaning north
- Jade Gate replied 39 hr ago
Something big is afoot. Don't know what yet, but the indices all look like they wanna go south and USDCHF is in an ascending wedge pattern. UJ also looks like it wants to go on another north romp. USD demand (?) but for what purpose (?). Unknown as ...
- Jade Gate replied Apr 23, 2024
LOL my stops were much lower than the time of posting that chart. I always move them down (or up) before sleep since I'm on the other side of the planet. This is where my stop was. Trades all booked in good profit while I slept. Woke with a nice ...
- Jade Gate replied Apr 22, 2024
Ok, this game is called "Spot the Inter-relationships". It cannot be emphasized enough re the need to watch these inter-relationships religiously.
- Jade Gate replied Apr 22, 2024
Cable's frenemy, the cross, cleared the 200 sma (purple) but expecting it to run into some opposition at the 200 ema (red)
- Jade Gate replied Apr 22, 2024
Expecting to see cable looking for support on the 50.0 fib at 1.2280 or so. Previous support around that level too, not just the fib. BUT if it doesn't hold then next train stop is 1.18180 at 38.2 fib. And yup, time to move my TP stops down to cover ...
- Jade Gate replied Apr 22, 2024
It does look like everything is about to get smacked by USD strength DXY, wicks below on the daily chart (meaning north traffic coming). Monthly chart, may be headed to 108.70. Earnings season ramping up into overdrive this week, market is going to ...
- Jade Gate replied Apr 21, 2024
Contract rollover
- Jade Gate replied Apr 21, 2024
Collapsed??
- Jade Gate replied Apr 21, 2024
It may have some legs north into Europe hitting the floor but it will be slow going. More short coming sooner or later (probably sooner), wicks on daily chart and ma's crossing over. The EURGBP cross is holding firm for bull. Chances of GU going for ...
- Jade Gate replied Apr 21, 2024
Someone is going to tell us to get a room shortly But, it's a bit like market, there's always the next trade.
- Jade Gate replied Apr 21, 2024
Yes I know 2-1. I was disgusted with them. Called Dave and had a few quiet words. Problem fixed.
- Jade Gate replied Apr 21, 2024
Dodgers v Mets 10-0 Game Amazing 5th !!!! (Sorry off topic but I don't give a shit LOL) OK, time to look at market now
- Jade Gate replied Apr 21, 2024
Hi Dave, and the short answer is no. There are multiple trade entry triggers that I use. The PA on the crosses is but one of these. Candles, candle patterns, S&R, fibs, trend-lines, finger on the pulse of underlying market sentiment (that last one ...
- Jade Gate replied Apr 21, 2024
Only trade AUD long if the EURAUD cross is running short. Same with NZD. EURNZD cross must be running short to trade NZD long. Will most likely be staying out until news is over. But am interested in long both pairs since I think they are both ...