Boris Schlossberg Profile picture
Aug 22, 2019 4 tweets 1 min read Read on X
So my quick read on Brexit drama
It looks like both sides despite tough rhetoric want to deal
BoJo knows that Brits will be eating dogfood within a week
Merkel knows that Germany will go into deep recession.
The NI is the ultimate bullsh-t issue as no one really has beef with ...
border as it is now. So they just need to create some extend and pretend deal on "sovereignty" that will change nothing in reality or maybe cut off the customs union if UK decided to break it.
In either case the customs union is the key here and all side will scamper...
To get it done.
So GBP above 1.2200 and if it holds is + sign for trade back to 1.2500 and EURGBP down to .8900 if my thesis holds.
@threadreaderapp unroll please

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Boris Schlossberg

Boris Schlossberg Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Fxflow

Jun 11, 2023
1/ My weekly trading thread:

⛔️ ⛔️ ⛔️ There are no 2:1 trades.

If I were ever to come back into the markets in another life, it would definitely be as a YouTube trader.
2/ Oh, how sweet life would be as I would trade only the past, creating perfect 2:1, 3:1, even 5:1 setups while convincing everyone that I could be a millionaire by Friday by trading something called "support and resistance."
3/ Alas, unfortunately, I've chosen to trade the future, and the future is nowhere near as easy or as kind to your account. There is, of course, no such thing as "support and resistance."
Read 17 tweets
Jun 4, 2023
1/ In the movie Moonstruck, the late great Olympia Dukakis wonders out loud, 'Why do men cheat?' She concludes that it's because all men are afraid to die. She then turns to her cheating husband and says, 'Cosmo, I just want you to know that you are going to die.' Image
2/ It's a great comic scene that could easily be repurposed to our world of trading, with Ms. Dukakis wryly staring at a group of traders and asking, 'Why do all you schmucks go on tilt? Because you are afraid to lose. And I just want you to know that you will all lose.'
3/ Trading, of course, is the business of losing. Yes, yes, I know that we are all taught that it's the art of winning, that trading is the one place where you can take a dollar and turn it into a million.
Read 15 tweets
May 14, 2023
1/ There is a wonderful scene in Ted Lasso where Ted hustles the club’s snooty owner at a game of darts. Image
2/ The clip is all over TikTok so I recommend you find it, but the gist of it is that the arrogant owner thinks a dumb American like Lasso couldn’t possibly be any good at darts and proceeds to lose a major bet to Ted who it turns out is somewhat of a darts shark due to his…
3/ …early childhood days of spending Saturdays playing the game in a bar with his Dad.

During the soliloquy Ted launches into a monologue about a Walt Whitman quote about the need to be curious rather than judgemental.
Read 25 tweets
Dec 17, 2022
My Weekly Trading Thread
Coffee and Algos
Machines Still Can’t Beat Us

In some ways, 21st century New York resembles a 19th century metropolis more than it does the 20th. Image
These days the city sidewalks are dotted with fruit stands and coffee carts just like on the Lower East Side in the late 1800’s. Entrepreneurial immigrants are willing to withstand sub zero conditions to run these things 24/7 in order to save paying rent.
In NY everyone has a fruit guy and a coffee guy.

I’ve known my coffee guy for nearly three decades. We’ve both seen our hair grow gray together.
Read 20 tweets
Dec 10, 2022
1/ Does the stock market trend or range?
Both.
Here are four distinct times during the day when price action tends to do one or the other...
[My Weekly Trading Thread]
2/ When you are working out with weights it's a very good idea to take a pause every few days.
3/ In fact if you are doing high intensity lifting most trainers will recommend that you only work out just once a week allowing the torn muscle fibers to recover and grow - which is how you actually build muscle.
Read 19 tweets
Nov 7, 2022
1/ Today was one of the worst trading days of the year for me. I lost 85% of my trades. The old me would have been down 200 bps on the day and broken a few screens along the way. But I actually ended up 10 bps to the good. So what did the new me do differently?
2/ For a mean reversion trader like me, today's slow and steady price action is pure poison. There are NO retraces. In fact the indices never even traded to their midpoints the whole freaking day - something I haven’t seen in months.
3/ Fortunately I did a few things differently today that saved me both my money and my sanity.
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(