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cheviot

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Everything posted by cheviot

  1. Is that your upside buy signal ...or do you sell there ? I d say that was a retrace you sell at ??
  2. T Bond getting bought up again....200.00 base 203.25 on th e long bond...Equity rally may fade as bond sellers are running out of steam at 200. Watch the T Bond even if you do nt trade it...It ll warn you of what INDX s are going to do next.... 203.25 equates to 1.8% yield, so far its never broken it in 50 years...If it does...INDXs will get slammed again....
  3. I love Apple what a great company...so well run.....Such a lovely share price. A B C correction in progress.....If it takes out $302 , it ll retest the highs.
  4. I ll lend you one of my dogs if you like 🐕
  5. FTSE and DJ are not really on the same page...FTSE trapped in this triangle of 18 months duration...Bid to the roof when its up , and looks like **** when its on its toosh ....Typical triangle ....Basically the market wants to follow , but does nt know where to go as there is fundamental conflict. I think with FTSE , it is heavy weight miners and oil, retailers and banks....and with £ and Brexit , it has nt got the follow through to break out , as there is no real spark. Wall St is different....They do nt have as many head winds, and they have a very accommodating Fed....They ve had tax cuts galore and V importantly there has been alot of corporate buy backs.....Also Heavy tech industry...FANG has done really well....we do nt have that in FTSE....So we wo nt follow until there is a few more things clear. L T I think Ftse/UK could pick up really well...while US goes through election etc. I m a buyer of Wall street, here but only to carry/sell.....later, I think tummy says that its over done....a bit of choice buying....but be prepared to dump it ....quick. We ll probably try th e upside in a week as every body talks CV2019 down....But ....watch the TBond.....If it can get through 1.8 % yield , stocks will drop very quickly...
  6. FTSE weekly.......Sorry folks we are still in a triangle.....Ftse hit the bottom support line this morning.....Thats why ...out of nowhere it stopped dropping (Thank God) Being a triangle we can expect a test of the top again ....May /June ...next week ?
  7. FTSE daily. Bounced hard off an Andrews median line....Theory is that act as strong resistance as do 1/4 and 3/4 lines. Most powerful signal is when an instrument gaps though over night....Its very steep as you see, but not to be underestimated as a support line.
  8. T Bonds down 2 big figures,,,, Does nt like 1.8% yield on the 30 yr....Driving Equities back up....Yen weakness too
  9. T Bonds getting pushed lower.....and suddenly bids for equities.....Could be an almighty scramble to get positions back
  10. She just wags her tail.....What good is that !
  11. Cable still stuck in its channel.....Hit resistance line at 1.3010 , looks like a push lower as it performs this shuffle bounce quick step,,,,,,
  12. JESS ........TWO BARKS FOR BUY ONE BARK FOR SELL ???
  13. The markets need to hold DJ 26600 or so SP 3070 and Dax 12200 . Key Fib levels and original supports..... In my view they are key supports. The action this morning is climactic....Final panic etc. I find myself choice buying DJ Apple and FTSE .....Think they are worth laying down like fine wines for the summer.... worthy of note......TB ca nt get past 1.8% ...and gold has run out of steam......Yen is weakening...and dollar bid again. Buy low and sell high....Question is WHERE is that ???
  14. True very true .....Yes I mnow a fully fledged bull ....do God help you .... I asked my dogs and they said buy it....And they are much better at this game than me
  15. T Bond getting sold off ( higher yields )....I think that will bounce the equity markets up.....Been short forever and took it all back too##### early, now net long as i recon we ve done the full retrace....To the exit of the DJ wedge.....Hit it and is bouncing now....
  16. Now s the time to buy it ....on the swing
  17. Treasuries and gold stopped dead. This all about DJ 200 day ma at 27540 (close above ?) and long rum trend line holding....Now net long so market bound to collapse !
  18. Quick tip......Somebody buys sterling at every month end to the minute.....Has happened 2 months in a row so far , £ bid again.....Obviously someone who sells all month long and has to pull it in at every month end.....
  19. You have to work at it.... Biggest successes have been buying FTSE a few times, cable and cable options, $yen Biggest **** kickings.....SWFR /$ the looney...C$...well named. SP 500 ( I chickened out of the 2018 rally ) I was short , and gave in about a week before it collapsed....😢
  20. If i want to drive from London to Edinburgh....Thats my fundamental wish/view. I get out a map and drive along the appropriate routes to do it....Thats TA So trading is the same......For particular reasons i wont repeat here...I thought the US market was a sell...for fundamental reasons etc etc ....Caseynotes disagreed and so did a pile of other people....no matter, So I wanted to be short the market.....I used TA to get in and with a bit of gut feel and TA I ll get out....But it was my fundamental belief that started me out with the position i took. (and still have chunks of ). So use TA the same....you take a view and use TA to enter/exit....... ....or alternatively you Black Box trade......React only to computer driven signals and be disciplined about it.
  21. Yes I joined my first dealing room in 1984. prop. trading FX, then went inter bank dealing in a big London dealing room as a cable trader.....I do nt remember much of the dot com crash,,,, But I ve been privately trading p/a since around 2004....Mmm seen all the crashes /bear markets/corrections.... Nothing changes.....Fear and greed ....
  22. TBH we can all f####k it up . I was limit short Sp and Apple and have been for weeks.....Then last friday pm started f###ing about putting in hedges against my short equity....i.e. long FTSE ....So I was nett short and still am but am adding to my long ftse on dips....and selling gold and TB as hedges.....All thats happening is...Yes... I ve protected my equity in a way but diluted the profit of being short US The way I trade is add to shorts on the way up and gradually buy in on the way down....Its averageing into positions.... Rather than one big hit at something....I.e. at the moment i like £ ...I think its bottoming out well here....So I m just adding little by little.....
  23. I do nt think the recent sell off is China related.....I think its the shock that its outside China and not contained....i.e. Italy S Korea Iran etc.....
  24. What do y'all think of $ yen as a buy $ here after pullback...Yen 110.50
  25. Only T Bonds , silver and Gold...only things up on the day.
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