Member Info for MrWolf

@Goodies123

Yes indeed, myself included.

Not sure im the best person to ask that question, as I could only make reference historic events. Which has never proven a favourable balance.

Yes, true. Though in my opinion most of those "Non productive" pensioners have given the best part of their lives in hard earned financial contributions throughout, eg eye watering interest rates, NI, the VAT man . . . Does that not at least earn them the right to end what years they have left, being "non productive?"
Whilst society has completely missed the focus on our younger generation children are like a computers.
They interpret what data they are down loaded with, downloading social media values and porn will only create virus's.
Previous politicians created this mess, whilst this present and current government have not got a clue how to fix it.
Bojo for instance, what message does society understand when our country is lead by the example of a bare faced liar, someone who does not even acknowledge kids unless their mothers present a DNA report and file for action.
Someone who employed the same staff with the same values. Not that many years back , his head would have been a daytime snack for the ravens !

No Ive never known this country to listen to the working people, though the theme from Only Fools And Horses, always rings true.

Lastly as for "supply and demand / capitalism ect" you may want to reference the like of ole Titus Salt whom was clearly one of our foundering Industrialists, his experiment later see him as more of a enlightened Capitalist who had 100,000's of public and employees line the street to pay respect on his final journey.
These days our country is seen by others as a capitalist nation, taking in account that it can be owned by private individuals.
. . . Or is it ? If you get the time, research as much as you about The Corporation, our politicians even the likes of Blair and Camerons dad all know far too well who pulls our strings.
It does not matter how rich one becomes in this country, you will always answer to the Corporation.
Regards W'

@JayK - Radical SR3's, never driven one, though heard they are nippy, didn't they drop the Suzy lump in them ?
Years back one of my bikes was a Hayabusa so I can only imagine the fun you had.
Which leaves us both with shared sorrows, similar to many others, having exchanged ridiculous fuel economy for eco friendly Dad's taxi lol
In fact it makes me smile when I see your ID pop up 'as the man himself ' we used to give-way to each other in the lane most days, always respecting the fact neither of us wanted to damage our rims lol.
Such a nice person, few times I even witnessed him paying for elderly people's shopping.

It will be interesting to see how much the top end car market reacts in line with peoples true budgets.
Always a sign of real trouble when high end cars start to flood the market.
In reality I can see all these fixed rate homeowners, with leased or financed vehicles and rising living costs. Very soon having a real reality check.
Maybe i'm wrong, historic scenarios may not play out, can't help thinking that what is on the cards is not going to be a light hearted as Bailey and his crew think, hope.

If the Feds / CB's / BoE enforce (of which its only a matter of time) their own D'C, then like Jamie Dimon (Chase's CEO) publicly proclaimed at Davos yesterday "Bitcoin is a hyped up fraud, its like having a pet rock" . . . Won't be long before the Kings clothes are paraded on the Wall Street catwalks.
Considering the sectors commercial property festering away, Opec taking the p155 and our younger generation living life with their only worry / concerns is how good their selfie camera is.
One thing this past decade has achieved is a generation of spenders, not savers lol
So once we see a comparable dividend, markets settling, then there is no reason retail bank shares can not start picking up some lost ground.
Have a fun snow boarding, off now myself and hope everyone else has a great weekend too.

Good afternoon all
About time this dinosaur got with the times and blended in with the @'s lol

So, @ Newdealz, yes its always a good indication to glance at the yeilds.
If your looking for another provider, may one suggest CMC Markets, which I have no issues with, where as "Eye Gee" are great for general purpose, few issues with them over the past decade. though fair play to them when they have been "caught out" they credited my account within a few hours.
Yes I do day trade still, though only at times of volatility, especially when main indis are trying for higher highs ect.
You are quite right to question any recession impact / many others are trading cautiously atm

@LWHL Good advice you posted, "Let the trend be your friend"

@MrA Trust this day finds you well and profitable too, Barcs are just taking a gasp / breather.

@JayK Out of interest, would that be an order for a new P1 or a 12c with those recent profits , if its a P1 then im trading the wrong strategy lol. Those Senna's are stunning.
Though may I chuck in a curve ball to your line of thought, take a gander at the Lexus LFA if you get the opportunity, only ever driven one once, blipped it up a dual carriageway and handed it back.
Surprised the council (noise pollution warden) hadn't been called out, its like standing behind the teams viewing screen at Silverstone, when the drivers engage power and pull out into pit lane, in what seems to be a matter of seconds.
Thats the only way to describe that LFA .

@Wayzgoose Well done, always nice to read others making profit.

Half expect this action yesterday, it was clearly on the cards though, refreshing and very much needed.
IM done for day, GLA

Morning all
JayK . . . Sorry cant assist on that one, cut away Telsa a while back now.
MrAltruistic . . . . Just keeping you in the loop. Added to my S @ 182 and on this mornings open, the book at sub 180 was well defended. Still managed a "Bread and butter' profit, despite I was hoping for a couple more pips.
This is my intended strategy until the finals, so please excuse me if I don't post the small action.
Just set my auto pilot up for the day, thats my screen action finished for the day.
GLA

Good Morning all,
Good comments made by DB2014, historic price of 50p ect was down to scrap book panic, just like Pendragon the same morning (Barclays were their backers at time) Pendragons directors should have been investigated by the SCO.
Kasher re mortgaged his nanna's gold teeth to buy up Pendragon shares at sub 2p that open
Amazing what a 5am (confirmation) tip off that QATAR was bailing out Barclays and meaning Pendragon was saved from collapse.
If it was ever a case of "Insider Trading" I will never know !
Historic rant over lol
GLA

Maybe I should have just put that instead lol.
Month, Week looking superb, Day / 4hr around the 200ma just looks like another opportunity to me, thats all.
Not having heard, neither read one negative comment referencing Barclays this last quarter.
The ball lands totally on the finals, especially now the larger income related institutional vehicles are looking for steady income. So hopefully that bunch of inept fools may just switch on a enticing neon light.
Of which we will see some flies return and start buzzing around again ?
Lastly, it is refreshing to read everyone else's constructive contribution on here.
Logging off now, so GLA

Good Morning to all contributor's
Maybe using "are the lights changing?" maybe, was not the most sensible header, hopefully a few of you picked up on it as a potential (descriptive) breather / opportunity. No way meant as a turning point at that. Hence using it as a questionable point "Are the ...?" not as bold as "The lights are changing".
Unless someone had some inside information that a pooh-storm was hitting the SP this month I for one, would not be closing any long position (unless to gain back a few % at the 200MA)
Having placed a S this morning @180.30. Looking to add at each opportunity if we see any lunges in to 182+
My sole purpose at this level is just out of greed and just trying to potentially accumulate / add a few more % to what is a very healthy position.
As kindly noted by MaryBr190 "think amber was in the 130s" yes, it certainly was, illuminated in fact lol.
So my strategy still remains focussed on holding, gaining pace towards the finals next month.
Regards W'

Morning Mr A and all
As per the obvious, we're heading into our bezzie mate (200 r'ma) between 180 /182.
Due to Barcs looking so damn peachy atm im not supporting the chancellor with more S.D so it makes far more sense to hedge at these levels of profit.
Once we clear 182, the next set of lights are 219/220 and dare I say 240 without wetting myself lol.
Above 220 is looking like a text book bull flag, which waves right in at 250/270.
If Barclays management can keep a steady course without twatting any icebergs (Simple ******ed mistakes, scandals) holding above 220 opens up a traditional [Cup and Handle formation] into play with a tree in front of a Bingo callers "Clickety-click" . . . Can't help thinking how many times we have been in the same position, only to be let down by scandal after scandal !
Probably the reason half us egits bought into Barcs in the first place, they always look to good to be true.
Just heading out the door, have a wonderful weekend & GLA

JayK "the books are so boring but extremely valuable" My sentiment exactly .
Though I see trading a bit like driving a car. How many times have you driven a journey and thought 'If I was on my test I would have failed badly' well thats why even I pick up the odd book every now and then.
Though sometimes it helps avoid a conversation with Mrs Wolf wanting to discus blah, blah.
In fact the 2 main reasons why Mrs Wolf and I sat in front of a wildlife councillor a few years back was the fact she claimed:
1. That I did not listen to her.
2. & some other stuff she was rattling on about ?

Anyhow J' on a genuine note, must dash im getting mobbed this end.
BOL

Hi JayK , it appears your post landed smack in the middle of a screen refresh and separated my reasons for why Bailey has been a narcissistic, inept twat these past years and should be sacked.
. . . Though back on current track, on paper it looks good today . . . but so does a Hyundai warranty lol.
Our Barcs are looking great for day trading atm too, L&S in this channel.
Trust you are making profits, as the saying goes "Make hay while the sun shines"
Regards W'

. . . . was the word "GREGGS ."

Hi JayK , yep as per the trusted '200' always returns a quick short or re-buy opportunity.
Hey, hey Mr A' trust this day finds you well and profitable too.
As not to forget Warsaw contributing also, "hi" . . . in agreement with you, just not on the interest hikes though.
Cut n paste's from . . .
14.07.2021 "The real the concern atm is the CPI spiking, food and fuel costs and could double the BoEs
'S target within months .
Where as anyone with half a brain "apart from the Mr Bailey and his team" once we had the import c& shipping costs from China launching from an ave £2k to £16k and still getting out bid whilst loading at the hubs ! . . . but some how Bailey and his crew , even the Feds reassured everyone and preferred to use 'transient' as a more appropriate explanation.

Which leaves most analysts second guessing what they will do when it dawns on them that they have only been fuelling the fire !
Whilst the Feds still insist the economy still needs $120b a month, which is over 1.4T per year, more than all the ECB Q.E plus the BoJ combined !
They can not properly address inflation until they get the jobs figures under control.
Just look what affect it is having on the "Holy Grail of equity markets" The T Note, the current Cape at 40 (Well above bubble territory)
They have backed themselves into a dangerous position and really have no real choice but to hope the economy sorts itself out.
This is why equity markets and bonds have been affected the past 48 hrs and when the 'Big Boys' release blow out results like yesterday . . . only to watch them drop in sp.
So all bank related stocks will linger until the equity and bond markets settle and ease of some what."

04.02.2022 "Think that jobs data got them a little too excited, Nas took a dive and their real 30yr yeild went above zero for a 1st in a while.
It stuck the 10 yr Note up and above 1.90% think it was a faster reaction than most anticipated. Fed will have no choice now but move faster and more aggressively."

17.05.2022 Re - Bailey a twat. "Only our government can be blamed for this mess, wasting billions on (covid contracts for mates) dropping far too much money in the wrong part of the economy, just after so much QE had been flooded in.
Sitting back and watching a 0.25% rate . . . ffs a 12 year old child would know what the outcome would be.

Bailey can not hide behind tomorrows inflation print, if it is what most of us expect, also factor that Risky wants to step in !
When it was Risky that just poured fuel over the simmering fire these past years .
Bailey should have had the elbow, way back when he proudly nodded off while the BoE board was discussing our countries predicament.
Either way , this all goes down one road from now on . . . a more aggressive rate"
. . . Personally as I am old in the tooth, having seen idiots like Bailey's kind before . . . the writing has always been on the wall (In bold large font lol) Though all Bailey could read

Hi JayK
Thank you for the compliment, not necessary but appreciated.
LSE get really bent out of shape, hence they block out esnail links for that very purpose.
Years it was used as a "heads up" resulting in loads getting chopped out.
Just pop in every when Ive got something that needs nursing along, im afraid my email is the last thing I check and far to time consuming lol.
If your trades are making profit, you are doing it right.
Something I have learnt is that not one person trades the same, thats why they use bots and algos now.
Its the emotion / nerve, not knowledge or age, that lets a good position run profit.
Risk and reward is the key, its pointless to trade without R&R factored in, once its up and away T, with a nursed SL.
If I may recommend a well seasoned book, FOREX Patterns & Probabilities / Ed Ponsi
Certainly do not see myself as one to give advice, just to share experience of what does or does not work.
For which I still take losses, some heavy ones in fact, crikey Ive blown up at least 3 profitable accounts in my past lol
The only people I know who make constant income from trading are the brokers.
You may have heard this before "Its like trying to pick up pennies in front of bulldozers"
Regards W'

Good Arvo one and all . . . off topic humour as per'
Sorry I do not attach links ect; though if you or anyone else has a dull moment and in need of a proper "Ole school" belly laugh .
Just YOU TUBE "Ray Winstone tells legendary joke!"
Regards W'

Afternoon JayK notice you reflect on the FTSE quite a bit.
Not trying to teach you to suck eggs or anything but you may like to try this rig, even if its on a practice account and test if it works for you.
Try waiting for a higher low pullback and buy into it, once it stops working then just do the opposite and sell the lower highs. . . its been my strategy for many years now.
If anyone else appreciates the suggestion and finds it works for them (I.G hate me) it would be much appreciated if a small % of any potential profits were donated to the Go Fund appeal @ Buy Mr Wolf a lamb chop.

Any predictions / speculations for this next quarter ?
Well without sounding like a ramper , im hearing ZZ Top in the back of my mind atm
Each time I open my Barcs chart, all I hear is "She's got legs" lol

2022 Was a total incompetent kick in the nuts, plagued by the "Over Selling" debacle.
Costing us ground, first to Q's scrubbed , not until July I could chart some direction.

Cut n Paste from 26th July . . . "August looks set to be very interesting throughout.
So I have been tweaking my own charts as the year has bobbed along and thought I'd share my own outlook for Barcs.
As the saying goes "Don' shoot the messenger" always DYOR
Barcs seems to be forming a some nice patterns atm, few Elliot markers have touched nicely.
It does look to be triangulating again so if we see the next 170 / 165 rebound 10 /15 points getting to test early 160's down to support levels into Sep and Oct, we could all be sitting watching a breach of (Wave C ) of which cuts into 135 & slippage towards the end of the year.
As I said "Don't shoot the messenger" as this would be one hell of a strong move that most funds buy into for the strong leg up to P (214.18 +)
If this does not pan out smoothly, the only other option is the occasional drive from R.I's pumping up on good will and hope into 170's and 180's, without momentum these moves will get sold off each time as per"

Well as we are all aware that nice test / slice back at 130 in Oct gave a few of us extra buoyancy in the "Perfect Storm"
Q3 & Q4 was so rewarding trading in and out of R&S levels.

Cut an Paste from Oct 26th . . . "high chance of T of 170+, once 151 is breached.
Well thats how im seeing the short term"

Sat here scratching my ear and Im seeing another move, this time "a power move soon"
Cutting away all the retail chop pre finals still leaves the SP bang in the middle of some conflicting channels.
So im half expecting a tug of war to play out around this level.
However im staying open and looking for 220's this Q and it all depends of course on a good print in Feb.
If we see a close above 220 it opens up 260 /270 and in the longer term a T of 360 !

Yep I had to do, breaking all the rules and mentioned the Taboo £3 gang lol
10th Jan 2023 . . . was the day I broke the rules of this board and mentioned the "Three quid club" Of course longer term, please DYOR before dropping some heavy longs, then posting in June "Wheres this £3?"
My glass is certainly half full for once, could we even expect a potential, rewarding special dividend maybe ?
Fluffing doubt it, though we can only live in hope, aye.

Over the pond the US markets are performing completely opposite to what the FED were expecting, we will feel some swell from them soon, just hope the negatives do not outweigh the positives.
Hopefully a few others may share their thoughts on how they see Barcs performing this year.
As per, GLA

Good afternoon Bo77'
Yes well put, something most of us on here can relate to.
There is a lot of Qatari investments in the city funds, not just slapped into Newcastle FC.
Back when Barcs BoD basically referred to Amanda Stavely as "Just a brass" was not the wisest of cracks to make.
It does not take much effort to screw over Barclays SP, it does not need someone to drop a hefty short on them either.
In fact if you are out of favour with just a few funds, your screwed.
That Qatari bailout basically saved a few Barclays heads, whilst screwing over us share holders.
Barclays even held meetings and advised, as and when they should off load most of the kitty !
Google "John Varley, trio in court" the resentment was clear, the Corporation & The BoE did not get their fingers in the pie.
Just DYOR on sovereign wealth (UK offshore trusts and safe havens ect) The BoE / tax havens / The City Of London's Corporation. Then the "penny will drop"
How many on here thinks Sadiq Khan's the mayor of London, he's just in charge of out factory.
In fact Im sure the job title should actually be "Logistic and transport manager"
Nicholas Lyons / Lord Mayor Of London . . . He's the kiddie on the block.
When you are out of favour, "your out of favour"
Barclays may as well just re brand themselves as Berkley's Bank for all its worth, they do not have any "Names" behind them anymore (Berkley as used in a ****ney tongue lol)
Off now as they're stirring over the pond.

Just adjusted my last 2022 Q3 &Q4 plot.
So, are you sitting comfortably ?

Short term we are almost on the initial 174 T for a inverse Head & Shoulders, picked up some momentum after taking the breather in Dec'
Longer term we are due to break out of this current Bull Flag and take us (including obvious E'Wave pattterns) up into the mid 2's.
Any conclusive closure above 220, opens up the front door to an old school Cup and Handle formation (which has a T of 366)
Putting my paw in the pot, im looking for 174 / short term patterns to play off.
Few months into all this "Woe and Foe" stabbing at 220.
Breakout of 220 . . . well, once we clear 220 . . . My fur will be statically charged each and every %
In fact as and when we see Barclays back over £2 ps and a half mast dividend paid out, what with the Coventry BS offering instant access (Accounts from £1 to £2m ) paying 3.25% . . . Fat Boy Bailey wetting his bed every night, all adds to Mr W' being a very content mutt lol
Roll on chaos, roll on carnage and a toast to us long termer's enduring such a "dog of a share" to have ever got caught up in.
GLA

Morning all and a Happy New Year too.
Well Mr A "Well done" with your recent trade, thats what I get for placing manual trades lol a - 0.40 off your automation lol
Just settling back into the action today myself, my Barcs looking very nice from 152.60's and I know we are still in that last 3W ' though Ive decided to leave these alone now.
Getting in and out from the mid 130's to my original October T of 170+ / plotted since July, executed in the last Q' this has to be one of the most enjoyable and predictable TA trades I have had run, near on pitch perfect in the last decade.
Fundamentals and T.A's need to be considered pre Feb finals, so im staying open, S.L set so far wide, wider than a pair of Elton John's flares when he starred in Pinball Wizard ;-)
. . . Few might be thinking "wtf is P'Ball Wizard?"
Anyhow Mr A' you do enquire of my weird train of thought, so im just sharing the fact, im not closing out, just yet.
Despite my alerts triggering 170+ this morning, we have a tad more fumes in the tank.
GLA to all holding atm, here's to this year being kind to us all and the BoD waking up and smelling the coffee !

Good Morning 2 all,
As per Friday arvo, once again "well done Mr A" fast trigger finger there, bet your mouse had a burn left on its tail lol.
Can not see much action these next few sessions, apart from auto trigger fills and the odd retailer having a punt.
We had a classic 5 wave, now we will see the x3 wave.
Once the 3W concludes is when we will see the next momentum, considering the time of the year I did not wish to start picking a bottom, only to start 2023 off with a smelly finger.
From July Barcs have traded off the charts, Oct was absolute classic for an entry point.
The S&R, EMA's & old school H&S's patterns could not have panned out any smoother as indication.
Liking Warsaw's post of Buffets classic quote, its what made him a cut above the rest.
Must log of now, Mrs Wolf is howling at the front door with plastic in her purse . . . Shops and lights get her far too excited so I must follow in tow, its saves a lot of foul language later in the day lol.
If anyones still chipping away trading today, best of buck.
W'