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cheviot

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Everything posted by cheviot

  1. Volatility says it all.......Pulls back to .618 % and bounces . It says we ll retry 78% Vol......so its going to get rough ladies.
  2. Enough for a Mcflurry + sprinkles....If it were open...
  3. I believe we had a B bottom at DJ 18200. This set up an ABC correction , so pull back to DJ 21500 was the C leg.......I think we ll see a REAL sell off, after this bear squeeze.......Then Buy at the bottom of the trombone around DJ 18000
  4. I ve made money trading Oz $ long and short........ So one or both must be true: 1. The end of the world is NIGH ..... and or..... 2. I ve totally lost the plot and need to be ISOLATED far away from real people....😕💀
  5. I see the film of empty streets in big cities.....My local town....I have nt seen it busier....Like Xmas eve....the place was heaving.....Aldi was stowed out...
  6. I thought you guys/folk might be interested in a Genuine Island top: This is the UK LONG Guilt.......You do nt often see it....only in text books....
  7. Its been unfathomable ****.....to say the least....Genuine value utterly destroyed, all sense of value gone....... Oil down 23% in one day !!!!!! Cable down to a 35 year low.....I remember $1.14 when I was in the dealing room !!!! (in 1986).....I thought I was safe trading €£ but that shifted 3 % in a day . Everythiing was sold as traders had to liquidate to cover margin calls...Copper etc particularly but treasuries too.....78% for volatitity !! The difference between now and 1987 was that 1987 it was real traders....Yes with fear in the eyes but there was nt programme trading...
  8. I think D J will retest the bottom fairly soon....Seems to be a short squeeze that s running out of steam tbh
  9. Which bit of ' I m not getting involved on a Friday ...did I not understand' ....f##k 😓 😠 🙉
  10. I ca nt believe thats all the democrats can come up with.....2 70+ year old men, none of them, up to it....They wo nt beat D T .... The democrats have nt got the nadgers to show a new face ....so they will never win.... I thought Pete..... was quite good and intelligent and had his wits about him.....But he s gay so he had no chance.!
  11. If you are fed up chasing the INDX s may I recommend £/€ ......Strong likelihood that 8940 is the top of the bounce off the 8180 Boris bounce drop, Nice Fib correction and good upside/downside......Sell here with stops above 9050. but look for a drop back to 82 p as Italy goes **** up ...
  12. D J BIG PICTURE I THINK ?? 😕 The blue coloured ABC is the big Correction....We are in the green ABC....related to the 2018 high....So we have a big 5 wave up swing to come.....To hit new highs and the top of my trombone......
  13. I was buying D J late last night around 20600 as I believe that it has done a 1.618% correction of the up trend.....Going back to my posts in january.....I believed all that buying in January /Feb up to 29500 was the B wave......It is ALL related to the Jan 2018 reaction high, THAT was the TRUE high. What we have had (despite being totally real ) was actually an A B C correction to the 2008 bull run. I think we are finishing wave C of that correction.....being 1.618 x as long as the A wave that took us there. I m exhausted. i ve been trading at midnight and 5.30 am for the
  14. Its sitting at 15 bp right now 12.45 pm....spot. You never used to be so wide...It was always 6 bp....With an entry of £15 min ( which I totally understand) it means £22,50 min as i write, ?
  15. Charlotte....why is it that Wheat spread has widened out so much recently...evn when the market is quiet it can be double the normal 6 bp out to 12 bp s which makes it impossible to day trade or evn week trade !
  16. Cable on an upswing . Objective top of its channel $ 1.31 ? May be break for $ 1.35 .
  17. I m concentrating on £ both aginst $ and € , coming to a head ....Interesting that the market has sold off £ despite the fact that the UK will probably not cut rates...Housing market strength (so far) and PMI s picking up on the Boris bounce.....They re selling £ ( in case ) the talks go badly with EU....but we wo nt know that for months,....and most trades last a week tops. I m bullish for a £ bounce, but waiting for 8760-90p € area and $1,27 . INDX s I think we re in for another drop,,,, but I ll wait to see what comes out in the wash.
  18. Got the rally in Apple and the INDX s , made a few bob,,...But the sell off last night,,,,disappointment and Fed has fired its last shot has spooked everyone,. TB took off. But at the moment I m staying out of it,,,,Is a 10% drop in INDX s enough ? Is this just a temporary base before we re-visit the August lows,,,,,The disruption to 'real life' could be economically disastrous . I m self employed ( in real life too!) ........ So is this area of support a real base ??? If real life shuts down in London Paris and NY ....will the markets be so sanguine ???? I do nt know ?
  19. **** has nothing to do with it.. He bought Apple before it was Apple and IBM before the wheel...
  20. £/ € in interesting rally. I believe its a good level to get short of euros i.e looking to buy £. I think its an ABC completing a correction off the o/bought 82 pence level. It has an impact on FTSE .....in inverse proportion. I still fancy FTSE off 6450 level as being C leg of an ABC correction..... I m buying £ , FTSE and OIL ...BUT I M CHURNING MY POSITION......Always long these items , but sell out and re-stock......
  21. T Bonds .... I thinjk we ll have a final sharp spike up into 20900/21000 on the futures which will equate to around 1.65|% for 30 year $$$$ ! That could be the final final nail in everyones coffin..... If the fed cuts rates I think T B s are a sell....With inflation at 2.1 cpi it gives 50 bp negative rates...... Which is actually supportive of equities.....
  22. Being a friday afternnon and heading into the week end I d expect one last push lower as final sellers sell. Early monday may be a good time to re-establish a little long.....The RSI s are so over sold......BUt we may just track sideways, which will cause RSI s to bounce.... I have a theory based on one of my January posts that this is merely a very nasty correction and goes back to the 2008 peak..... Meantime....DJ 24600 or so......FTSE I fancy from about 6450 being 1.618% extension of the ABC . Apple...What can I say.....Bottom of channel comes in around $260, I m ho
  23. Oh #### . I just wonder how much of this was started by it being the end of the month ? D J .618% at around 24540
  24. Shorts will start buying....Big hedge funds are plenty plenty short and the Saudis are going to turn the taps off...
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