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The Really Useless Thread

  • #147,021
  • Jan 17, 2017 5:24am Jan 17, 2017 5:24am
Watch-out Euro flirting to take the 1.07xx ....extreme thin FX market right now.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,022
  • Jan 17, 2017 5:26am Jan 17, 2017 5:26am
shorts UK100

took some yesterday, hope they hold, no risk anymore
UK100 H1:
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Don't be a hero. Don't have an ego. Always question yourself
  • #147,023
  • Jan 17, 2017 5:38am Jan 17, 2017 5:38am
Quoting USD-Bear
shorts UK100 took some yesterday, hope they hold, no risk anymore UK100 H1: Picture0008.png;2143402 {image}
GL ....

Inflation is check now. Article 50 with full blown hard brexit will be check too ...but I am sidelined in UK equities till the BOE. It still has one more bazooka left from last year ...and for the sound of the suicidal comments from the talking heads it will have to use it rather now....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,024
  • Jan 17, 2017 5:46am Jan 17, 2017 5:46am
Buckle up ...all micro levels raised in the FX board . If you don't know what you doing ...is not the time to learn...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,025
  • Jan 17, 2017 5:49am Jan 17, 2017 5:49am
Quoting sisse
{quote} GL .... Inflation is check now. Article 50 with full blown hard brexit will be check too ...but I am sidelined in UK equities till the BOE. It still has one more bazooka left from last year ...and for the sound of the suicidal comments from the talking heads it will have to use it rather now.... sisse
thanks, indeed that might throw sand between the wheels but if so rather try another time then risking missing the boat too many arguments fit
Don't be a hero. Don't have an ego. Always question yourself
  • #147,026
  • Jan 17, 2017 5:52am Jan 17, 2017 5:52am
Quoting sisse
{quote} Looks like an empty and very thin space trading at 35 years lows, minutes away from the biggest mover and shaker trigger for this year .....meaning we are trading extreme levels low and the board is empty for the next few minutes. Take or give 300 ticks up and down nobody is here for now ...if you are in from 1.24 is sit extremely tight if you don't just wait my 2 cents ... sisse
Have you got an target for the GPB and the USD now? The bottom of the GPB and the bottom of the euro/USD
  • #147,027
  • Jan 17, 2017 5:54am Jan 17, 2017 5:54am
nothing new so far blah blah and political BS ... basically we are going to replace trade with Europe with trade with Zimbabwe... je je je..


sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,028
  • Jan 17, 2017 5:56am Jan 17, 2017 5:56am
Quoting sisse
nothing new so far blah blah and political BS ... basically we are going to replace trade with Europe with trade with Zimbabwe... je je je.. sisse

lol..
Look Sharp/Trade Tight
  • #147,029
  • Jan 17, 2017 5:58am Jan 17, 2017 5:58am
March re re re confirmed for article 50. 2019 is the end ...and finally we can update outlooks:

--> Changing long term outlook in UK equities from Sell to Strong Sell

--> Changing mid term outlook in UK equities from Neutral to Sell

More to come yet ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,030
  • Jan 17, 2017 6:01am Jan 17, 2017 6:01am
Had some diversified play trough UJ, gold and EU, got BE stoped on first two micro attempts, EU still floating. GCAD long 5870 tight stop. On crosses watching EA for possible range swipe play, waiting for micros.
GU / GBP waiting for 2320 (if today) to open extended play on upside.
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  • #147,031
  • Jan 17, 2017 6:03am Jan 17, 2017 6:03am
---> No European Court of Justice, No common market, No customs union, no nothing basically complete isolation but there will be a Parliament vote so check sterling after that.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,032
  • Jan 17, 2017 6:09am Jan 17, 2017 6:09am
We are reaching at the end of the important part for markets. Only one thing left which is Banks and Financial sector details [if any]. Normal flows to resume shortly.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,033
  • Jan 17, 2017 6:15am Jan 17, 2017 6:15am
here we go ...so thats it. She want Passporting and all stay the same ....that is a NO NO NO for the EU so...

That is pretty much it. Government hasn't have clue how to deal with the City and that will trigger next stage in contingency plans for all financial institutions that depend on the EU market.

This is a very bearish news for the UK equities and to lesser extend to Sterling.

--> Changing short term outlook in Sterling from Aggressive sell to soft sell via BOE and inflation.

--> Changing short term outlook in UK Equities from neutral to soft sell until the BOE.

The rest should be pretty much nationalistic chest beating for local consumption ...natural flows resume...everybody back on the table

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,034
  • Jan 17, 2017 6:20am Jan 17, 2017 6:20am
Quoting sisse
---> No European Court of Justice, No common market, No customs union, no nothing basically complete isolation but there will be a Parliament vote so check sterling after that. sisse
Actually, she seems completely out of her mind.

I did not catch what kind of parliamentary vote she meant but media suggests she meant final deal of Brexit. Unfortunately for her - after article 50 activation (no menting of parliamentary vote for the activation? conincidence? dont think so ) the process of getting out starts and ends ex lege in 2 years according to the treaties. By the end of the 2 years - no-one will give a f*** about parliamentary vote as the final act of ending of the membership happens automaticaly (ex lege).

She souhld get someone to help her with EU/international law... oh, but wait, she already has experts.... too bad they experts on Botswana law
  • #147,035
  • Jan 17, 2017 6:20am Jan 17, 2017 6:20am
boy who knew that the UK is as unorganized and clueless as its showing...
Look Sharp/Trade Tight
  • #147,036
  • Jan 17, 2017 6:22am Jan 17, 2017 6:22am
Quoting PayTheLimit
boy who knew that the UK is as unorganized and clueless as its showing...
It's unbelievable my friend. It's like listening to a third world country modern dictator ... shameful show and lack of preparation...clueless as you said. They are only looking for the short term political game...it will end up in tears in the mid term...very very sad indeed....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,037
  • Jan 17, 2017 6:28am Jan 17, 2017 6:28am
Quoting sisse
{quote} It's unbelievable my friend. It's like listening to a third world country modern dictator ... shameful show and lack of preparation...clueless as you said. They are only looking for the short term political game...it will end up in tears in the mid term...very very sad indeed.... sisse
hell, they are gonna end up making the greeks look good....unreal
Look Sharp/Trade Tight
  • #147,038
  • Jan 17, 2017 6:32am Jan 17, 2017 6:32am
uff this never ends .... Very hostile final comments pretty much threatening and put all the cards on the table for a trade war....

In a nutshell and to wrap it up UK wants to have the cake and eat it too. It's either my way or the highways ...those savage continentals better knee down or face the consequences of the almighty British Empire coming back. ...

Nothing to see now ...Still tweet mode active for the rest of the week, With noise from Scotland and the rest of Europe coming but we are set to go with NY.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #147,039
  • Jan 17, 2017 6:50am Jan 17, 2017 6:50am
Quoting janpec1000
Had some diversified play trough UJ, gold and EU, got BE stoped on first two micro attempts, EU still floating. GCAD long 5870 tight stop. On crosses watching EA for possible range swipe play, waiting for micros. GU / GBP waiting for 2320 (if today) to open extended play on upside. {image}
2320 GBP hit, taking of partial of GCAD long for some nice gains leaving the rest for extended play. Looking for 2440 GU- GBP symetrical for the rest (not counting retrace). EU long BEed, EA playing along lets see if we get clearout.
  • #147,040
  • Jan 17, 2017 6:52am Jan 17, 2017 6:52am
Quoting PayTheLimit
{quote} hell, they are gonna end up making the greeks look good....unreal
We DO look good......
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