"If The Fool persists in his Folly he will become wise." - William Blake
The Really Useless Thread
- #151,621
- May 18, 2017 10:55pm May 18, 2017 10:55pm
- Joined Apr 2009 | Status: Live and learn. | 25,165 Posts | Online Now
- #151,622
- May 18, 2017 10:59pm May 18, 2017 10:59pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
Superb days for trading across the board ... If this is what I think it is? ... Here capital maxed out across the board for the first time in a while ... sisse === ===== @Pharm0r Where is the daily wrap up in the Euro ??? ....
The general climate is still the same, we are in juicy (a word right out of sisse's play book
) mid term sell area with fade the highs in effect- the only thing we are waiting for is the go ahead on the risk front. That leaves the entire mid term move open for a second trip if it works in our favor.We got a tiny taste of what is to come with just rumors that Comey testified in favor of Trump. Essentially we've witnessed the winding of a tight spring on risk, that is ready to pop.....all we need is the "all clear". This leg upwards in EURO and YEN has been based on risk only. So my expectations is once we clear risk, we get a direct move right back where we came from in time for rate hikes. The caveat here is that the chances of the laggers being caught on the wrong side of the market for hikes has increased, so they may fuel an extension when the time comes.
As stated earlier, we are pretty much in choose your poison time for the political risk on scenario. Do you think Trump is guilty or not?
I think hoom, goose, and replicant hit the nail on the head.
The other side of the coin is if Trump is guilty....
- #151,623
- Edited May 19, 2017 3:59am May 18, 2017 11:16pm | Edited May 19, 2017 3:59am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #151,624
- May 19, 2017 1:11am May 19, 2017 1:11am
- Joined Apr 2009 | Status: Live and learn. | 25,165 Posts | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake
https://www.yahoo.com/news/republica...221815334.html President Pence...sure....the Donald resigns "in victory" and spends his remaining years screaming conspiracy theory noise from the sidelines.
Still waiting for the facts as the trade will be long term.
- #151,626
- May 19, 2017 2:15am May 19, 2017 2:15am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Quick heads up for the upcoming hours.
These kind of Foreign Policy news are not really of general market interest but today we have an exemption with DT visiting the Saudis (populists contradictions, first day in office expel all muslim and trigger a muslim hate wave, first official trip as President to Mecca and to talk about how good is Islam? ...uff) in the most expensive photo opp ever paid by a country (and that's a lot even for Saudi standards).
==> For those who don't follow foreign policy, behind the political blah blah what is really behind is signing a 'juicy' (
) 280b arms and military equipment agreement that will cover the next few years but equally important it's the counterpart from the US unlocking and giving Saudis access to financing the infrastructure plan that DT offered and is going to announce details in the upcoming weeks.
==> Both are very big push for US Equities and also because we will start shifting from the never ending (and prolly never to be deliver) tax cuts to the more 'popular' ,less complicate and more 'bipartisan' plan on infrastructure. From the macro front this may mark the start of DT fiscal blow out plan and set the infrastructure plan as ransom for the tax cuts, health and public cuts, etc etc....
==>In simple words, watchout for US equities (especially for the related key sectors that will make a killer), OIL and Dollar in that order. Only detail pending is DT has to make and speech about Muslim in S.Arabia in front of the King (insane that he accepted to do that, he could have chose any other topic ...very few politicians from any side would have dare) and a 'faux pas' there ....
This is probably the most advanced case we have discussed in the last year. I am probably giving too much information for a public thread but lets put it as quick teasers for those who want to keep exploring more advance macro FA strategies ....
Eyes on Oil first...
sisse
These kind of Foreign Policy news are not really of general market interest but today we have an exemption with DT visiting the Saudis (populists contradictions, first day in office expel all muslim and trigger a muslim hate wave, first official trip as President to Mecca and to talk about how good is Islam? ...uff) in the most expensive photo opp ever paid by a country (and that's a lot even for Saudi standards).
==> For those who don't follow foreign policy, behind the political blah blah what is really behind is signing a 'juicy' (
) 280b arms and military equipment agreement that will cover the next few years but equally important it's the counterpart from the US unlocking and giving Saudis access to financing the infrastructure plan that DT offered and is going to announce details in the upcoming weeks.==> Both are very big push for US Equities and also because we will start shifting from the never ending (and prolly never to be deliver) tax cuts to the more 'popular' ,less complicate and more 'bipartisan' plan on infrastructure. From the macro front this may mark the start of DT fiscal blow out plan and set the infrastructure plan as ransom for the tax cuts, health and public cuts, etc etc....
==>In simple words, watchout for US equities (especially for the related key sectors that will make a killer), OIL and Dollar in that order. Only detail pending is DT has to make and speech about Muslim in S.Arabia in front of the King (insane that he accepted to do that, he could have chose any other topic ...very few politicians from any side would have dare) and a 'faux pas' there ....
This is probably the most advanced case we have discussed in the last year. I am probably giving too much information for a public thread but lets put it as quick teasers for those who want to keep exploring more advance macro FA strategies ....
Eyes on Oil first...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
- #151,628
- May 19, 2017 3:07am May 19, 2017 3:07am
- | Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts
Re-Incarnated
- #151,630
- May 19, 2017 3:18am May 19, 2017 3:18am
- | Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts
Re-Incarnated
- #151,633
- May 19, 2017 4:21am May 19, 2017 4:21am
- | Joined Aug 2013 | Status: "Don't follow me i'm already lost " | 1,136 Posts
Re-Incarnated
- #151,635
- Edited 6:10am May 19, 2017 5:56am | Edited 6:10am
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #151,637
- May 19, 2017 6:54am May 19, 2017 6:54am
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
- #151,638
- May 19, 2017 7:15am May 19, 2017 7:15am
- Joined Aug 2009 | Status: Ride the Pig | 31,271 Posts
Look Sharp/Trade Tight
- #151,639
- May 19, 2017 7:20am May 19, 2017 7:20am
- | Joined Nov 2016 | Status: Starting a new adventure | 152 Posts
{quote} ....keep it quiet... je je... nothing like realising what an who is really cooking on the background of all the politics (oh no the almighty Appl sleeping with DT, really? Jejeje no surprises ....) And that's only tip of the iceberg ... Whatever the case, sisse heading to the airport and going to be working from sunny Madrid the next few days but will be tracking extremely closely the open today. Expecting a furter and sharp increase of volatility in currencies and commodities starting as soon as today US session.. sisse
- #151,640
- May 19, 2017 7:39am May 19, 2017 7:39am
- Joined Oct 2008 | Status: sideline is a position | 105,127 Posts
those who can, do. those who cant, talk about those who can