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Jade Gate commented Apr 23, 2024Aus has all kinds of social security type payments for parents to incentivize people to breed. If you have 4 kids, you (as the stay at home parent) never have to work, and collect a motza from the govt. Only problem is that the ppl who do breed 4+ ...
The RBNZ can’t shake off the strength in domestic inflation
- Jade Gate commented Apr 23, 2024
And here's a known but somewhat unusual chart pattern on monthly time frame EURNZD - the cup and handle. Rule is the handle needs to stay above 50% retrace of the cup. If so, big north binge coming. And it does look that way to this trader. A longer ...
The RBNZ can’t shake off the strength in domestic inflation
- Jade Gate commented Apr 23, 2024
Here's the lowdown on actual expected NZ balance of trade number and it ain't pretty, almost double the negative digits on FF calendar url New Zealand recorded a trade deficit of 218.10 NZD Million in February of 2024. Balance of Trade in New ...
The RBNZ can’t shake off the strength in domestic inflation
- Jade Gate commented Apr 23, 2024
Aus had lockdowns like everywhere else but not nearly as harsh as NZ, and we maintained shipping both commercial trade and tourism cruise ships. NZ is busy importing tons of immigrants to deal with the outflow of NZ citizens to Aus. Aus has been ...
The RBNZ can’t shake off the strength in domestic inflation
- Jade Gate commented Apr 23, 2024
Ahern shut down just about everything during Covid, way harsher than anywhere else. Couldn't even get take-away food - forced the fast food outlets to shut up shop. Imports came to a grinding halt. Exports too, can't have those nasty germ ridden ...
The RBNZ can’t shake off the strength in domestic inflation
- Jade Gate commented Apr 22, 2024
Good analysis. Many Kiwi young people with skills leaving permanently for much higher paid work in Aus. Was over there for the ski season last year, it just looked terrible. Housing prices are completely off the grid. Over-government ex Ahern's ...
The RBNZ can’t shake off the strength in domestic inflation
- 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.
Cable Update (GBPUSD)
- 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)
Cable Update (GBPUSD)
- 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 ...
Cable Update (GBPUSD)
- 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 ...
Cable Update (GBPUSD)
- 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 ...
New Cable Thread & Other Pairs
- 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. 
Cable Update (GBPUSD)
- 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.
Cable Update (GBPUSD)
- 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 nowCable Update (GBPUSD)
- 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 ...
Cable Update (GBPUSD)
- 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 ...
Cable Update (GBPUSD)
- Jade Gate replied Apr 21, 2024
Please keep in mind that Q1 earnings season ramps up into overdrive from this week coming. This will affect the USD either +ve or -ve and all other majors. url
Cable Update (GBPUSD)
- Jade Gate replied Apr 21, 2024
AUD and NZD have news out this week. Take care.
Cable Update (GBPUSD)