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- Jade Gate commented 5 hr ago
The trajectory into the debt abyss began in 2008 with QE. Govt sanctioned bail outs, money printing, the US Fed and govt's both flavours ever since quite happy to keep bank rolling it. At least QT is in full flight now. But the pigeons are coming ...
- Jade Gate replied 15 hr ago
Good question. The US traders will have control of the floor initially when market opens. Asia likely to channel. Then Frankfurt, then London open (sibling rivalry in full flight, they are so obsessed with each other to the exclusion of just about ...
- Jade Gate replied 30 hr ago
Yes, next week will be interesting. Looking forward to TAT (Turn Around Tuesday) and confirmation to short the indices and anything else that looks good to go. Volatile session Friday, end of month capital inflows. Usually lasts 2 days (so Friday ...
- Jade Gate replied May 30, 2024
Stop losses are super important and dependent upon your trading style where you put them. Scalping SL's are often tight. Intraday more relaxed, multi day wider and position SL's wider again. Depends on your account size, margin requirements and ...
- Jade Gate replied May 30, 2024
Wait till data is actually out and the dust settles. Bad data, good data, can in these circumstances make the PA run hard in both directions before it calms down and picks north or south. That said, looking for long entries, indices, GU, EU, AU and ...
- Jade Gate replied May 30, 2024
It has a name. It's called "death by a thousand cuts".
- Jade Gate replied May 29, 2024
Keep an eye on the indices futures. NASDAQ, DJI and S&P are all on first level of support around here. If they bounce, then currencies will too. If support doesn't hold then more south coming. Keep SL tight. End of month Friday, fresh capital ...
- Jade Gate replied May 29, 2024
It's early yet Oops, another one. Sorry about that, not Now we have a game Oops again *passes Coreg the tissues* (know you don't need them, tough New Yorker that you are)
- Jade Gate replied May 29, 2024
The momo on the indices may to go into reverse gear sending them back up for the next few days. End of month capital inflows coming into market. And uncertainty about USD tends to pump stocks. We'll see. Possible the currencies will continue with ...
- Jade Gate replied May 29, 2024
This may explain why market doesn't seem to know which direction to head for and why the Euro is maintaining strength despite bad data ... (and why Cable is struggling to catch a break) url Dow futures sank over 200 points as US stocks waded in ...
- Jade Gate replied May 29, 2024
Fixings in 10 mins. We see what happens after that.
- Jade Gate replied May 29, 2024
EURCHF messing with the PA, SNB? And EURGBP playing games too. Wait to see if it settles (looks like it is now) and gives GU a chance to move back up. Sometimes there is no rational explanation for the things market does (well, not one that is ...
- Jade Gate replied May 29, 2024
Commercial agenda. Submitted clean up report.
- Jade Gate replied May 29, 2024
Yeah that 1 min candle took me by surprise. Happened in a flash
- Jade Gate replied May 29, 2024
Meanwhile, back in trading land, I'm long GU and short GJ and EJ (not convinced the shorts are going to hold, but Yen is already a bit jumpy, happened after I put shorts on). Long GU bec of wicks on monthly EURGBP chart (higher time frames rule the ...
- Jade Gate replied May 29, 2024
Neat! In that galaxy far away, long time ago, I coached my younger brother's little league team. Played softball in high school so had a few clues. None of the parents would volunteer to coach these kids and they couldn't play without a coach. He ...
- Jade Gate replied May 28, 2024
Ferna, no disrespect, but ya know what? No serious traders with real skin in the game here give a fuck about your (or others) personal opinions about other traders. Post charts, show trade set ups, entries, exits, fibs, any other TA, any live or ...
- Jade Gate replied May 28, 2024
And game Dodgers 5-2 Must look at market before I go out LOL
- Jade Gate replied May 28, 2024
Dodgers have been doing a pretty good job of screwing it up lately too, lost the last 6 games. Bottom of 10th coming up. Good luck.