Everybody wants to get rich quick.. But nobody wants to get rich slow - which is the guaranteed path to wealth. Study what rich people do, and do that. It's a pretty simple formula they all take - the long term strategy: 1. Save at least half of ...

I am a long-term investor (buy and hold 20-30 years+). I have deployed some of my cash reserves into equities over the past 6 weeks or so but I have kept a lot of powder dry for real estate / any other opportunities that may present. Oil is not in ...

Last time I checked, Americans had a savings rate of 2 or 3%. Any extra money saved today will be blown on some other useless consumer product in the future. It’s just the way humans are programmed.

The rate cut we had here in Australia today was almost 100% guaranteed and priced in last week. It was only a question of whether it would be 0.25% or 0.50%. So it was actually better than expected news for the aussie

Potential short opportunity at 1291, SL above 1308. Targeting 99x.

I had to wait a few weeks but we finally completed the normal retrace. Large bulls were waiting for this. Long positions triggered at 3230 and 3271. Targeting 1.47+. First target 3960 should be a given. Depending on oil, we have a potential ...

Took it's sweet time but we are getting very close to the bull target at 0.755x now. Large bears are lurking. Will be watching the reaction at 7495 for the first signs of the bear. I will have my first bite at 7494 with a 12 pip SL. Above 7495, we ...

Posted my reasons a few pages back url

6815 shorts triggered and tight SL survived. Targeting 0.59xx. Massive r/r trade.

Hi PA, just an alternative view.. Bigger bears may be looking for a short at these levels (7330+) with minimal risk and maximum reward. I see a potential setup towards 0.639x. So we could look for a short here risking 56 pips (HH) with a target 940 ...

Some (expected) carnage in equities will do the trick

r/r becoming more enticing for bulls. Looking to buy 0870/0854 for a setup targeting a HH 1460.

Large bears are waiting at 3230/71. I'm happy to be on the sidelines until then. Oil has plenty of room to move up short term. Will be looking to long 3230/71 for a new HH (1.47+) with stops below 2832

What's the significance of 35% though? It's not a fib. In that case do you look for 5, 10 15, 20% etc...? For what it's worth, I would place more significance on 7182 (61.8% retrace from all time low to all time high). Have a look what happened at ...

In a nutshell.. US increasing rates NZ scope to cutting (RBNZ was happy with rates in December. They have been quite dovish since then and we are higher than the announcement on Dec 10) trade balance China Commodity prices (Short term dead cat) ...

Sisse, when you have a moment I would like to ask for your FA on the Chinese Yuan if I may? I don't understand why the Chinese government wants to keep the Yuan pegged to the USD. Isn't this the cause of the slowdown they are currently experiencing? ...

Waiting very patiently for 0.6815 again. This could be the final "farewell" point in the NZD before the next mid term leg to sub 0.60 I have large sell orders pending here. One with a 20 pip SL (r/r as much as 1:40 here) and another with a wider ...

We are approaching the mid of the previous leg (1.2832 --> 1.4690) @ 3761. This level is also a strong support level dating back to the 1990's and 03/04 I have a couple of pending longs @ 3662 with 7 and 12 pip SL's. Great r/r here.

You may well be right. Would not be surprised with a deep sell off in equities

Cleared all remaining positions at 1157, after a round of dovish central banks in the last week or two adding fuel to the bull fire. Not overly interested in risking anything above this level. Although we are starting to enter attractive sell levels ...