At the AXIA trading desks.
Monday 6th January 2025.
London, England. And Limassol, Cyprus.
That Saturday you swam in the sea and visited the snow. And you took your son with you. Such were the holiday memories of the past few weeks—of rejuvenation.
Now the flight back on Sunday is delayed. Should you ask Haywood for an emergency desk on the Limassol floor? Something is brewing, but fates do not twine their strings today. After a three-hour delay, you fly back to London with your family and get home; sleep by midnight… do you trade from home tomorrow? No! You committed.
And so: Monday, the 6th—back to the London floor. You catch up over the morning hours and look at the bonds… equities. Where’s the dollar? Reset the charts, refresh the desk…
11:02 – TRUMP AIDES EXPLORE TARIFF PLANS FOR EVERY COUNTRY - WAPO.
Instantly!
—clickclickclickclickclick
You sell some clips in the S&P and DAX. Do other markets?
Not this time.
Hold. First trade back—patience.
The Spoo retraces. You scale out some clips. Give space; give yourself some room to operate. Leave a core short position—
—DAX just pinged straight back higher!—
something’s up…
You snatch the other mouse and click through the Washington Post article, but you know the headline is already suspicious. And now the article————hold on! You shout out some extracts across the floor—only… critical imports… sources.
“Only… critical imports… sources!”
shouts the trader from across the room. That trader is a good friend of yours; in the game for over two decades. You both go way back—first as spread traders—where you, as the only Englishman, joined his team full of Greeks trading the Bund-Bobl-Schatz fly. And this Cypriot—a North Londoner—is someone you trust and respect. He and the other Immortal Cypriot are classic volatility-chasing, fast-finger macro-flow traders armed with deep market and narrative knowledge.