Recent content by Hedging Highwayman

The thing that is puzzling me is why the markets are showing no signs of risk aversion at the moment going into the weekend. There was no sell off at European cash close at all bearing in mind there is likely to be a deal / no deal situation after the meeting on Sat. That spells large moves...

That would be amusing. If they defaulted on Putin you'd see 'bailiffs' toting military grade equipment in Athens before you could blink. Of course the 'bailiffs' wouldn't be Russian military, they'd merely be ex-Russian solders that happened to turn up to assist the Russian government in their...

Morning folks. Just a reminder for all of you traders continuing your endeavours after the European close we have the Triple witching expiry later today. Should get some decent volatility between 8-9pm GMT if everyone's isn't on their 10th Peroni by then! ;)

:lol:Chart of the day gentlemen.....

There certainly is...the pointy orange variety :lol:

A well renown trader once said (his name escapes me) that the only way to true success in this business is to learn a handful of set-ups very, very well. More often than not people are very knowledgeable about trading generally but when you come to pitch yourself against the institutions do you...

Love the analogy TokyoJoe ! Very true. I'm always suspicious if I see a set-up like that because the institutions are looking at it too and know that its easy to sucker in the masses with a move that looks good.

Getting close ;)

I'm watching the 11163 area as this to me is the neckline of a lob-sided head and shoulders pattern that has been setting up since the back end of April. A break here could see another sharp move down. HH

Perhaps they all sold in May and went away! Dax cash currently seeking out March low at 11192 HH

German CPI out at 1pm followed by US data at 1:30pm HH

These spirits tell me anything I want to know....;)

The only contingency plan the Greek central bank has is to borrow Russian money and Vlad would just love to stick his finger in Europe's eye given the chance. The only problem Greece will have with that is when the Russian bailiffs arrive to collect on any defaults :-0 There's a lot of...

We could have a short squeeze on the go here. Care is definitely required ;)

Thanks ffsear, perfect sense no I look at it:thumbsup: