the londonkid report

[londonkid]

It's time to start my own thread. The trolling on Surf's thread got a little out of control and I can shoulder the blame for a lot of that. Here I am just going to put down thoughts I have on the markets from time to time. You will see me fess up when I get it wrong and massage the ego when it goes right. I watch all major markets and typically execute trades in oil, euro, pound & cad. The spoos is what I denote as the US risk assets barometer, hence why I analyse it.

Here is how I am seeing spoos going into Friday's close. I am calling a pullback to 1910 spoos cash and 1955 cash to be hit by Friday's close. Let's see how I do.

oh yeah and I only look at price and time nothing else.

 

[recession2016]

i saw this coming, now waiting for 2000s to short

 

[londonkid]

i saw this coming, now waiting for 2000s to short

good on you if you caught a good portion of this risk move. I caught some in oil but not as much as I would have liked.

 

[recession2016]

good on you if you caught a good portion of this risk move. I caught some in oil but not as much as I would have liked.

i've caught a small chunk of the moves in oil and gold

going to wait for 2000 before i touch ES

 

[londonkid]

Just before you steal my thunder I am calling 2000 cash in spoos, shortly followed by 2040 cash in spoos by the end of Q1. I have stated this earlier in the year but I am putting it out there now. Ultimately though I do believe we will see spoos through 1800 in the longer term and another round of QE in the US. I don't have a timescale for this as there are too many unknowns.

 

[debitspread]

Thank you for following my suggestion to start your own journal. Would be great also to hear your thoughts on 'oil, euro, pound & cad' as those are your preferred instruments.

 

[londonkid]

Thank you for following my suggestion to start your own journal. Would be great also to hear your thoughts on 'oil, euro, pound & cad' as those are your preferred instruments.

thats cool Surf/Surf's wife/debit lol. I am keeping this thread generic risk assets for the moment.

 

[londonkid]

I am calling 102.50 in dxy by Q1 end.

 

[londonkid]

i think the spoos high could be in for now and the pullback begins. Several reasons for this. Consider this sort of buying behaviour off a rising trend line below. I don't want to attract a 7hit storm here but dealers use these points to flatten out inventory. The last little run up was oil based. Of course I could be wrong but I fully expect this rising trend line to be taken at some stage.

 

[destriero]

So these are CFD charts? Posting a TL based upon a dealer-mkt is pretty pointless. The ES is trading 26 as I type this, not 30. We can't even trade that stuff here in the US. You may want to chart an exchange product as probably 95% of the people here trade the futures.

So you really think a TL that is 20 ticks (30.70 - 25.70) below the market will be taken out? A TL five points below the market? That is significant to you?