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BoE later today with no change or fireworks expected.
In general I expect more weakness into a cit next monday.
This is tricky to trade as it could be late friday given
the usual +/- 2 day trading window.My only open trades are short Ftse and short eur:gbp
and I will take profits whenever they appear.Both are Brexit sensitive and the eur:gbp stats
show a low in April.Never give up, never surrender.
Small short Ftse at 7336 … stop n/a … limit 6236 ( x 2 )
Close at 7325
I may get back in around BoE announcement.
Never give up, never surrender.
Small short eur:gbp at 0.86600 … stop n/a … limit 0.77500 ( x 4 )
Close at 0.86550
Never give up, never surrender.
Ftse looks set to make a 5 of 3 of 5 then
a 4 and then the 5 of 5 to tag 7500This requires a tag of 7400 to complete the 3rd wave
before a retrace in a 4th wave back to 7300 and then
the 5th wave to 7500The above requires the Ftse to not lose the 7300 or
only 10-20pts before the rally to 7400.So we have our sand lines to help safe guard trades.
Never give up, never surrender.
Small short Dow at 25900
Risky as the bulls are charging.
A profit window today friday or monday.
Never give up, never surrender.
Small short Dow at 25900
Risky as the bulls are charging.
A profit window today friday or monday.
Close at b/e
Never give up, never surrender.
Small short eur:gbp at 0.87100 … stop n/a … limit 0.77000 ( x 4 )
Risky with Brexit in such a state of flux.
Stats show eur:gbp troughs in April ( odds are odds ).
Never give up, never surrender.
Small short sp500 at 2860
Closed at 2857
Do not want to be short in case Brexit news
hits the wires overnight.Never give up, never surrender.
Small short eur:gbp at 0.87100 … stop n/a … limit 0.77000 ( x 4 )
Risky with Brexit in such a state of flux.
Stats show eur:gbp troughs in April ( odds are odds ).
Closed at 0.86600
Never give up, never surrender.
Good Morning Friday Crooksday
Good Luck to us all
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
Markets have had their drop which could extend
into monday but I think we are in the 5th wave
to new aths for the Dow sp500 and Nas.April will reduce the chart options, imho.
Never give up, never surrender.
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