Member Info for MrWolf

As per, just a quick in and out.

Busy making hay off more liquid / lucrative bits.

Quote from my last post "Hopefully a breather off the above 4 hr diag' and take us back up again."

Everything appears to be playing out nicely as it should.

Bit of background noise coming off the indies and spec' awaiting the pie master blubbering again tomorrow lmao.

Anyhow good luck to anyone paying attention to their 15m & 4hr charts atm.

Always DYOR

Regards W'

Just a quick in and out.

Disappointing div increase, 3p would have been far better received, poxy buybacks wasn't a show of support either.

Bit of flack coming down wind from ole Nige F' as he's going to set up a claim case against every Bank that closed accounts on people without good reason.

On top of the revamped "Lets hammer the banks again over the rate manipulation charge" it is just one thing after another.

HSBC even banned me from every one of their branches globally.

So I will be looking for a seat on the claim bandwagon too .

Currently we are looking at a basic E.W set up, of which 4 (past 48 hrs action) up into 5 (mid 160's) which is about to reflect nicely off the 4hr diagonal.

Hopefully a breather off the above 4 hr diag' and take us back up again.

Obviously each to their own and always DYOR but thats my rig at this current moment.

Off now as I need to concentrate on other bits.

GLA and have a great weekend.

Just a matter of catching a nice wave, aye.

From 141/142 pitch up at 156 was decent.

Tad gutted as I bailed that one @ 154 mid Fri arvo as it seemed to be falling away, only to stick it to me and prem- ejac lol

Still there was so much to punch through, like the top of the ichi cloud with a 100 DMA (Which it retraced from in May) 55 dma and cluster of weekly ones too.

Left me of a greddy opinion to cut out for a few days.

Didn't see the potential to slap a short in.

So as per, do not shoot the messenger as im only sharing my current strategy for Barcs.

. . . Should (expansive word should) see a pick up at 153/154, pecked back to 149/147 (alert set at breach of 149) then wait for another entry break.

Won't go into fine detail as im not teaching others to suck eggs.

Off now as a few other trades need attention.

GLA

@ razzledaz - High there R' hope you are well and life is treating you good, thought i'd take the opportunity to reply, was just about to (do an Elvis) an exit the building.

Far more proactive trades in the right environment, than having sneaky Mrs Wolf pressing Amazon Prime purchases on her phone all day , knowing full well "Ding bloody dong" always sets the dogs off !

Then I end up in the same frame as mind as Boris T.B.D walking up his garden path in that scene out of Snatch.

The bit when grips Tommy as he passes him, well I can be mid trade, strawberry beating calmly and then "Ding Dong" it all goes to **** lol. . . Though I still remain polite to the delivery person, wish them well and thank them. Though it throws your mind set completely out the window.

So I decided to go back to the office and trade, far more proactive and better results, less distractions, get on here when Im downing a coffee or two.

Nice to catch you on here at the same time, enjoy the day, keep well.

Off now, Regards W'

@Jezmaster - Sorry my apologies, trading and posting is not my forte and some times, either im fighting with auto spell or just leaving it up to the majority to work out what I actually meant .

Eg; Reference previous 18m reply about reference to the up and coming Int' div being "Chucking out a potential 3p and / & B.B's.

What one should have posted was "Im hoping for a 3p Int' div and not the expected insulting 0.25p and buy backs"

Where as the & ended up as a 7, hopefully others worked it out and didnt think wtf ? lol

In reply to your question of the reference to 130's, if the US Eq's went bad this week and the numbers showed weakness, we would have most certainly seen Barclays chip back down to a 131/133.

If the Winnie (pooh) hit the fans we could have have all sat crying at a 110's channel.

Very unlikely as it appears that the US are all happy, settled and tucked up with a warm bottle of milk and their blinky.

These past few sessions have added some reassurance.

Must dash, logging off now.

Regards W'

@ LWHL - Thanks, very nearly let it go too, just that I'd already had the channel drawn in from last month, bounce off C.

Which it appears to be doing nicely now, the US prints came out good, Jobs, equity, ect all gave positive relief to a twitchy Dow.

Barcs closed up roughly 1.6% which adjusted nicely on our open.

If we see these next few points get taken out 149/152 we should see some late interest, which will indicate the move up.

Its came out of the buy zone with perfection.

Have put a bit of work into this one, hope it pays off.

Having posted the same pattern last July, it didn't fall in place until Oct, this one I posted last month dropped nicely last Friday, apologies for not sharing the entry at the time, as my associate wasn't convinced (He is usually all over trades like this too) it was something I did not wish to share.

Trading these days is stressful enough and I would hate to be the one who posts a dud.

Seeing that I usually do ok with Barcs (like taking candy of a baby most of the time) Id hate to see anyone under water if one of my rigs misled their pattern of thought.

After all it is only a shared opinion and I can not stress enough to the non-seasoned trader or newbies, always, always DYOR.

Crikey it does your head in on some social media platforms, if you pay attention to others, it can causes so much hesitation, by the time you have placed the trade, your a nervous wreck of doubt lol.

Anyhow, im still open and looking forward to seeing the other side of 152, paws crossed.

Lets all hope this does build up nicely now, for all our sakes.

As per, GLA

@ Filmster - Hope you made a few bob out of it Filmster.

Usually I post when I open and close, though I had shared to "keep an eye on the descending 1hr T' Line" for strong confirmation. Something that nearly gave ignition.

One of my associates decided to hold off yesterday's Barc trade as he didnt see enough momentum, in fairness it was subdued.

The US Equities and Dow jitters, housing print ect, held a few off a few others and took caution here.

Though I had been watching this closely the past few sessions, each bouncing off nicely.

Then as per I go into more fine detail and work off my 15 min plot, something that was more of a "punt" than confirmed yesterday morning I was locked in at 9.30am @142.5981, this morning was looking like it had paid off too at 8.10am on just over 147.

hopefully everyone else cut and run as the ceiling stated to crack.

Few others must be seeing the obvious drop into a low 130's but we have Barcs Q' print out in roughly x5 weeks.

It's going to be interesting to see if they disrespect the true shareholders and confirm a 0.25p Interim div or they might take some initiative, showing some respect and chuck out a 3p 7 B'Bs.

So im personally not concerned if this pulls back further, im currently showing profit as im jotting this down 145.3

and still open (didnt close this morning at 147's) because the US equities and Dow might surprise us all later) far too many sheep trying to build their shorts. Most eyes are on Chinese related eq' and Fed rates affecting US Bnaks.

We all know the big boys sail in the oppo direction to the sheep and only let the brakes off, once they have had their fill.

Hence I didnt share more than the set up Friday, it did look good Friday.

Monday was just a tease all day.

If this does take a knock down in to mid / low 130's it should be a nice set up for the institutions to build from.

Someone did throw the 110's at me last week, which would only flag up if Barcs blundered and associated factors went to 5417 this next quarter, summer holidays is always sketchy.

Most like to be sat eating their crayfish salads, sunning themselves rather than wasting time building a Barcs trade lol.

Im not saying this is'nt going to dig in from yesterday price, just sharing my opinion that it doesn't appear to be strong atm.

As per "Man who picks bottom all the time, just gets a smelly finger"

On that note, I'm done for today.

GLA

@ The R' - Good post , something that is my focus atm .

We their actual share holders just get ignored like our opinion is greed based and not structured.

Hence the BoD 's chuck stupid funds to listen to basically a 3rd party survey.

Yes, im looking for a 3p interim plus B.B's as anything else will just prove they are not willing to change, seen as hot air.

@ One L'R - Inflation was signalling as a huge potential problem, amplified while Risky threw money at the economy and wasted billions. The energy prices were only a contribution, not the reason or cause.

Most of us were discussing the tidal wave, long before the energy prices (please excuse the pun) fuel to the fire.

Though I respect your opinion.

@ LWHL - Yes indeed, Labour (Blair chasing heads per GDP figures, whilst over powering the NHS)started the ball rolling, then the conservatives just kicked the can along. Cameron didn't have a clue. Just to take notice of his dads advice (offshore asset / fund management on how to avoid lemmings taxes) and again talk a good job.

May, well the hope of a Maggie 2nd ended us with someone who was better suited as a parking warden at the village fete.

Truss, stupidly she took on Bailey and The Corporations agenda (never win) and was set to fail.

Bojo, did anyone believe a leopard would change its spots lol

Leaves us with "Clueless wonder" . . . Id like to leave it at that before my B.P goes though the roof.

You may well be right in waiting for a few days, though Ive set my alerts on the RSi trend and hourly breakout trend line.

It saves me loads of time.

@ Boonie - Hi there B' trust you are well and good, did drop down and read back a few posts and noticed you had posted.

Im off now, wish everyone a pleasant weekend.

Hi JKG53 Inflation only gets out of control when the powers controlling the money flow, allow it to happen.

Please excuse me as this is a hasty reply, im harvesting some trades atm.

This is all deliberate, all will pan out to their desire.

Just need to stand back, its as clear as the writing on the wall.

Some may see it, some prefer to ignore it.

Take Bailey, way back discussing CBDC, look at the amount of heads claiming benefits, we live in a society which the gov' are handing out Universal Credit to most families, who are financially far better off than a full time working family.

The only reason why inflation is what it is atm is all down to badly controlled Q.E and Bailey.

Its nothing to do with increased prices if managed / balanced correctly.

Why did Bailey revert into QT ? . . . only reason was the BoE needed to tighten up, stop spending.

Then Risky throws billions into the economy on such low rates, even our window cleaner went out an spent £25k on a new van, knowing he was going to fold once they asked for a repayment.

My god every food outlet was a hammered on Risky's dine out promos (open to fraud) does anyone really need to ask why inflation is out of control.

Yes there is always outside factors, though we the UK has the highest rate in the G7 and its isn't turning the corner yet lol

Bad news for many, these rates are not going down anytime soon, in reality this country has not even felt the effects yet?

Over 1.2 mill interest only mortgages are due, not too mention the repayment ones. Is Risky, Hunt and Bailey thinking the demand for housing will balance them books in 6 months time lol

We have had this debate on inflation, hyper inflation on this board, long before it became a public concern.

All us lemmings can do is, sit and watch it unfold.

Reagrds W

@P'29 Do not worry too much, we all in the same boat my friend.

Concentrate of the descending line on the 1 hr chart, wait till it breaks, you may see some heavy momentum.

Chin up and GLA

ole rishi is in for some stick after giving that interview over in washington " im the one who accepts responsibility, im the one that will deliver" lmao as that statement will bite him back, very hard soon.

on one hand we had mark "carnage" (who incidentally screwed over his fellow countrymen over their rates) started the same rig over hear, all the time that useless **** bailey was training himself in greggs each day. ending up chucking far too much qe in the pot ( which was questioned by many) then rishi comes along trying to be "the boy" and threw even more at the snowflakes.

now the uk economy is trying to adjust and support this generation, who thinks a 0.25% base rate is the norm and all rushed off down the telsa showroom asking for cheap rate chucky !

only last week i heard a lad in his late 20's arguing with some bloke over a parking space, the lad spouted off "bruv look at my mota £130k, look at yours bruv, its 5417, now move out my way!"

where as i so nearly butted in and said "yeah but i bet he owns his car" lol

the only thing that controls inflation in the uk is the boe and government spending, when you have a useless blundering narcissist and a extremely wealthy ex hedge funder . . . well, we all know the craiq.

all i can say is this rate above the economies balanced rate of 4 /4.5% medium ( which mervyn king destroyed) is not going to be "transient" it is going to hit 6/6.5% soon and the snow flakes will really start to melt. we have a potential of 7% though i can not see bailey still employed by then, rishi will chuck him in the grinder to deflect the stick he's about to face soon.

which once this all balances out, the banks, not just barcs will prosper, with low rates they all had to diverse, treading water.

now the rates are edging back, banks will start doing what they do best, which is to rob anyone who ask's for funding.

its just a matter of time and a few of us should see the benefits reflect in decent sp & divi increments.

Like many others I doubt he has enough self respect and jacks !

Still, Id love to be privy in one of his meetings, jso I could do a false cough and mumble "transient" each time he waffles more 5417 to us lemmings.

How can any decent person in Bailey's position deliberately FORCE a recession on the country, to curb his own inept, narcissistic mistakes.

Bailey should never have been given the job (conflict of interest) for his role in deceiving share holders at RBS, in fact if anyone has a spare few minutes. Take your time to Google Andrew Bailey lied to RBS share holders or Andrew Bailey and Mark Wright.

Wonder if he's got the balls to drop 0.5 on the mat or waffle crap and bumble the 0.25% ?

Not long to find out, though some of us all posted (back when rates were looking to go negative) this scenario and the effects Bailey's BAD decisions would have on the economy.

Crikey even I posted concerns over the effects of the excessive QE years back and rates at the time V's inflation triggers.

Then Ole Risky went and smashed, allowing fraudulent excessive covid loans to flood the country (Weatherspoons and Ladbrokes had a field day)

There was even a councillor up north claiming for a chain of restaurants that he didn't even own, only got caught because his wife stupidly used the same mobile telephone number on each claim form.

Sincere question, why have we got a PM who is so far out of touch with society, who would melt if he ever had to live just 1 month in the real world !

When his mrs had to cover her tax bill last year, she (they) lost the equivalent of x2 his P.M's annual salary, each day.

And that planks in charge.

Back to Barc's

Either way my last chart (re-rig) which I mentioned / posted back on the 15th May

. . . "Hoping for Wave B to drop / touch 145 (possible 141 / 145) allowing Wave C to launch a few smiles across the LSE board.

If this pattern does play out, im sure others will be watching the same ball lol"

Well its taken a bit longer than I would have liked, though a paw is rested on the mouse's tail.

As per, always DYOR and have a great day.

Off now Regards W'

"Oh leave it out Rodney" Ive got grey fur since claiming the £3 potential, now i'd get a "Wide on" when I see £2 +

Cut and paste from the link Bhavik kindly posted below.

....The buyback forecast from Jefferies has been upped to £2.2bn in each of 2024 and 2025 from an estimated £1.5bn in 2023, with a further £3.3bn of dividends forecast over the period, while keeping a CET1 capital ratio buffer at around 14%.

Something that I have had the misfortune of trying to tell Mr (Death ears himself) Higgins to his face.

Also that Barcs are still out of favour until they address the share holders with some respect in the way of better returns.

Nigel is so arrogant he truly believes that Barclays are not "out of favour" which at £1.50's a share in 2023 . . . Im afraid the writings on the wall.

Glad the BoD had the sense to throw more money at some jumped up PR company in Boston, maybe if Nige and the crew listened to US the share holders, he would realise his ar53 isnt whrer his elbow should be !

Off now, GLA

@ the reducer - total agreement there, absolute blame sits upon the bod's .

they need the share buy backs to balance their own reward dilution.

sadly barcs have had many, numerous chances of a break out, all scuppered by incompetent management.

would love to hear from the person who posted way back on here "barclays will only be a £1 / £2 share" from now on (post dodgy bobs exit) that poster wasn't from one of walters multi i.d's either, it seemed sincere at the time an meant as informative and got blasted by everyone hanging on in the hope of their £5 p.s average returned soon.

well its time for barcs bod's to buck up or pack it in and offer the bank out to others.

which i have always stated "its only a decent dividends that gets noticed" funds looking for steady client returns used to buy the stock, why would anyone with any credibility want to hold barcs with such poor management and ****y dividend?

paws crossed, someone pays attention to the fact that barclays is worth pulling apart as out current bod's dont even know how to call the breakers yard and weigh it for scrap (which would still return a better share holder result) im sick to the k9's of this pile of 541t3.

higgins needs to control the gravy train far better than he has been, its disgusting and appears he must model himself on boris's ethics since taking over !

i'll be paying more attention once/ if the sp pulls back into mids 140's channel.

looks like metro bank ordered food to the boardroom this week, wonder if anyone got their gold pen out on tuesday ?

either way, im off.

gla and have a wonderful weekend

The UAE (Eye watering equity behind them) Wealth management Fund has all but a few serious shorts, plonked on some US Banks, this in turn will, not maybe, will stall optimism.

Without stating the obvious fact that Barcs IB usually contributes 40% into the UK pot down at the bird cage (Canary Wharf) we might just be bowling at a sticky wicket atm.

Needless to point out that the 200 EMA is sat above us also, which it does not show any reason other than act accordingly , as per.

Off now, so GLA

"We've received reports that £100bln a yr of QT could disturb the liquidity markets, so we have decided on £80 bln

Someone really needs to question this fools ida of managing an economy !

Without stating the obvious, we all know the US will not let the debt slip.

Not sure how many others on here recall Obama's opening speech addressing his Chinese friends few years back. "Firstly I'd like to assure you that we are good for our debts" just as Mood's dropped their Triple A rating . . . lmao still.

The only thing is they (US) will and always will be "Show Ponies" leaving any opportunity to grab media attention.

This was always going to become a sticky wicket and no doubt in years to come.

If you ask the EU chair for the clearance banks and the Feds opinions, they will always rattle on about "How technically structured the banking system is' . . . where as anyone with half a CSE or F grade GCSE can see its a glorified Ponzi scheme.

Needless to say, Barcs may seem to making its move very soon.

Personally I would prefer to see this drop back from 158 into 145 for some serious momentum ( Wave C)

Though it is looking increasingly less likely as its held nicely the past few sessions.

Who knows aye ?

Despite this, Ive been fortunate enough only to be caught out once this past 12 months.

Having posted a potential short from mid 170's, which I didn't act on myself as I was commuting back on a jet propelled albatross at the time.

Turned out to slip and slide as it was the Banks liquidity (SVB, C.S ect) which was showing signals and hallmarks of a nice short / hedge.

Cost me a packet to say the least as I was naked and my backside out the window lol

So its a game of 50 /50 atm . . . either a trickle upwards or will the charts play out and we get a 145 test ?

Fingers crossed for the latter as it will be a strong positive move off the base line.

Off topic as this cracked me up and I thought id share it will the likes of some others on here, bumped into a mate from way back this morning, first thing he said was "Hello Honkey Tonks " omg cracked me up

Off now as im done today, GLA

Until the US sorts out the debt cap, even a short breach may well lead to a spike in interest rates, a plunge in equity prices, and covenant breaches in loan documentation and leverage agreements.

Just because they choose to "touch cloth" and take centre stage, "Show ponies" this still may disrupt to the Treasury market, as well impact broader volatility.

The longer this goes to the wire, the more damage it does throughout the sector.

Lot of liquidity has been set aside, so if the pooh does get chucked at the fan, big names wont have to sell at the worst time.

Among all this play acting and power strutting, last week I was plotting for Barcs to dro back down into mid 140's this week.

Hoping for Wave B to drop / touch 145 (possible 141 / 145) allowing Wave C to launch a few smiles across the LSE board.

If this pattern does play out, im sure others will be watching the same ball lol.

Off now, so GLA

The Democratic president is calling on lawmakers to raise the federal government's self-imposed borrowing limit without conditions. Republican House of Representatives Speaker Kevin McCarthy has said his chamber will not approve any deal that does not cut spending to address a growing budget deficit.

. . . Thus would drop the US in to a deep recession, soaring unemployment and cause chaos via the US related bond markets.

Past debt ceiling fights have typically ended with a hastily arranged agreement in the final hours of negotiations, thus avoiding a default. In 2011, the scramble prompted a downgrade of the country's top-notch credit rating; veterans of that battle warn the current situation is even riskier because political divides have widened.

Factoring in the mix, this next month was not going to be a smooth one either way.

We also have the balancing act of Baileys "Transient" inflation weapon being dropped out this Thursday, 0.25% though we all know that band aid should have started to be peeled off back in 2016 !

Makes me so angry that that fool is still in the chair.

If not for the fact id sound like a conspiracy theorist I would swear this has been orchestrated deliberately by the Euro clearance bank, to speed the implementing their CBDC.

Roll on some stability and common sense.

GLA

Chill out and stop flapping, go and stick the kettle on.
One thing I would not do is to rate Barclays management with any polite reference, though Barclays always take a hammering due to their structured diversity.
It's always the same and quite rightly like a few others mentioned below, we need to see a better return on the dividend.
That promised carrot from as far back as 2015 has long passed its sell by date !
Ive said before, if there is anyone heavily invested in here, get down to the AGM and throw some fluffs at the arrogant 50d's.
It's the only time the real people behind the bank get to voice their opinion (on record too) wether they like to hear it or not.

A new list of the top 50 safest banks in the world features just three British names - HSBC, Nationwide Building Society and Barclays & I do not see Lloyds getting a mention.

We have all been here before and Im sure, this wont be the last.
Take the rough with the smooth and grab as many as possible, when you feel the time is right.
Im sure there is going to be many a great opportunities to fill your boots over this next quarter.
Off now, wish everyone a decent weekend, GLA