Trader Talk Thread 💱

Refurb.

A month back I split the calipers on a different bike and replaced the seals. Everything is working fine. These floating calipers on the SV650 are causing me quite a few problems for some reason. This time I have used some red rubber grease which came with the piston kit … mistake. Should have carried on as before.

The VFR is now 10 years old. I have had a session to ease some dragging brakes on that also even though there is no sign of corrosion. The trouble is that the front calipers are opposed-6-piston items which do not split and are therefore a pig to work on.

Bye the bye, a couple of weeks ago I had to service the front brakes on the Yeti. I pulled up on the drive and thought ‘I recognise that acrid stench’. Binding pad on one side. Two hours (did both sides) and everything is fine again, however this car has always been dealer serviced until now. It is obvious the dealers’ pad-change is just that, a change of pads. No prepping of the other working surfaces. The binding pad was sticking in the pad-carrier where rust had set in, and the caliper pins had some greasy dirt stuck to them which had been there a while.

…nearly an expert
:laughing:

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The most succinct point.

The primary point to be made here is that individuals must begin to take personal responsibility for themselves and their families. The time for trusting a corporate-run government to take care of every need has long gone. Your government cannot even take care of themselves because it is compromised.

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UJ is compressing between 109.50 and 110.15
Just coming up on 2 weeks at that level

Oh goody!
:money_mouth_face:

Short the EU as of Fri afternoon to get weekend swap. Thought Fri it was staging a retrace, but it got knocked in the head - again. First chart shows this magnificent trend and second where I at. I think we see a significant drop this week. ZEW numbers horrible today and US manufacturing again out the roof. (because of the bammer :joy: :rofl: :joy:) I think even medium term BREXIT good for the UK but bad for EU. I think the Chinese virus will weigh heavy on the Euro. Because of today’s ZEW numbers, I’m expecting Fridays Euro numbers to be on the down side.


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I do pay attention to the COT reports but rely on the FF trader positioning, cause they wrong most of the time!

st

Took my profit. Looks like we got a V shaped retrace. Will short again when opportunity presents.

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Screenshot_2

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Looks like EU is slithering down now. Of course, I have no open positions…

UJ fired up from the range. I was asleep at the time…
:sleeping:

For caution sake.

The trading world has their eye on the gap !

The trading world also had their eye on parity 2014-2017 !

The MM always give us something to shoot for and 95% shoot at what’s on offer to feed the beast.

In short it doesn’t have to fill just like it didn’t have to go to parity.
This is not to say it won’t but pick the best vantage point to take a shot.

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Can be a frustrating business, mate. Went short last evening at 806. Took my eldest grandson out for his 13th birthday. In the money when I got home. Went to bed and while asleep missed my take profit by a pip and half – ran back up the flag pole – hit my safety only giving me couple pips. Flat at the moment waiting. Still think she drops on Friday news. At the moment can’t tell if she resting up for the big drop or a retrace. We C.

Two opportunities for those with access to LSE quoted stocks

Carador Income Fund
This fund is winding down and returning assets to shareholders
Today’s published Net Asset Values statement lists the ordinary US$ shares as $0.549 and the current share buy-price is $0.33
The winding-up process is close to the end.

RDL Realisation PLC
Another fund in wind-down, and also close to the end.
A recent statement concerning one of their distressed assets appears positive.
Subject to a Court hearing next month the way is clear for the final (and eventual) return of assets to shareholders.
My current guess at NAV per share is £1.87, the current buy price is around £1.43

Payday. Didn’t go where I thought she would – ya just hafta get them where ya find them.

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Scret_1

atrreenshot_2

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Sc1

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Can you say DEMOCRAT PARTY??? :rofl: :joy: :rofl:

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I’m still bearish the EU. US economy on fire – European so-so. I think BREXIT plays well for the UK while hurting the EU. I think citizens in other countries ready to get their sovereignty back. .I think the virus threat fears will be playing a bigger factor in this slow news week. We C.

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After the Gold peak in 2011 I did wonder whether (should have been when… ) the Gold price would return to $1900. Today it is threatening $1700 … so maybe the end of this week.

:scream:

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