This is your time to shine ClockTrader. The momentum in Gold finally hitting its straps. Its heading for the top of the downward trend channel around 1250-1260. If we break this, its game-on Gold bugs. The Equities bloodbath should continue over ...

Only Gold!

Yeah possible, some very bizarre currency moves right now... AUDJPY just flew 150pips north in 3 minutes, that's usually a sign of risk-on sentiment, or potentially a SL run by the Big Boys. Alternatively, its BoJ devaluing their currency!

Carpe diem: Intraday tactics for Dax and Dow

LOL - Gold already 1240. It was 1217 when I wrote that only a couple of hours ago.

Carpe diem: Intraday tactics for Dax and Dow

Yes, Dax has every chance to go up once some of this panic selling ends, and particularly when we don't have major corporations or banks with loss announcements or major earnings downgrades on a given day. However, EURUSD looks a bit bullish to me, ...

Carpe diem: Intraday tactics for Dax and Dow

Dax to 8500 by end of the week. Gold to 1240.

Carpe diem: Intraday tactics for Dax and Dow

Oil getting hammered, with Crude Oil storage statistics in 1hr, along with Yellen probably being dovish, causing USD weakness. I'm tipping down with the Dax after NYSE open.

Carpe diem: Intraday tactics for Dax and Dow

I think the safest way to trade this now, is to trade Asian session like ASX, Nikkei, even Hang Seng in the same direction as European/US session moves from the night before. Today for example, even with the Cash Indices that track market movements ...

Carpe diem: Intraday tactics for Dax and Dow

More of the same, regarding Deutsche Bank, but it quotes: The cost of using so-called credit-default swaps to gain protection for five years on Deutsche Bank’s debt has doubled since the start of this year, according to data from Markit. url

Carpe diem: Intraday tactics for Dax and Dow

The Monthly charts are now showing 7sma crossing beneath the 20sma on most Equities Indices - Nikkei, Dax, SP500, ASX, Hang Seng, China50.... So the great crash is here, its just a question how deep it will go. I think only a war or a major bank ...

Carpe diem: Intraday tactics for Dax and Dow

Deutsche Bank is in trouble. Largely due to its large derivatives positions, low margin environment and exposures to China and Energy. These factors are causing panic across banking stocks world-wide. My concern with Deutsche Bank is if their CDS ...

Carpe diem: Intraday tactics for Dax and Dow

Looks like down to start the day, watching that EUR climb, and Oil looks flat and possibly lowering. Oil price seems to get more volatile and possibly lift when NY goes online. Key Resistance 9,560.70: R2 9,452.60: Daily - 7 SMA 9,408.10: 4H - 20 ...

Carpe diem: Intraday tactics for Dax and Dow

Btw... Average PE ratio on the Dax is around 13.35. This may sound cheap, but it can go cheaper and perhaps to the sub 10 region in a full-blown crash and bear market. With an Average PE ratio of 10, it would bring the Dax down to 6,936pts. The ...

Carpe diem: Intraday tactics for Dax and Dow

VW is down EU53Bn in Mkt Cap since start of 2015, which equates to 504pts gone. Deutsche Bank is down EU20Bn in Mkt Cap since start of 2015, which equates to 182pts gone. You can kiss those points goodbye on the Dax with the risks those two ...

Carpe diem: Intraday tactics for Dax and Dow

Have to be a bit careful with a bad NFP, as it could send EURUSD to new levels beyond 1.1250, and this could send the Dax the opposite direction. You really need to wait for the PA at the time to see how the markets react. Trade safe.

Carpe diem: Intraday tactics for Dax and Dow

Cant believe I dont listen to myself. Horrible losses today. Disaster

Carpe diem: Intraday tactics for Dax and Dow

Looks like we are going in reverse again today...

Carpe diem: Intraday tactics for Dax and Dow

Today's support and resistance. I see possible downward move later in the day, perhaps some early buyers as we gapped down a bit. Key Resistance: 9,966.00: R3 9,881.70: R2 9,766.80: R1 9,765.60: Fib 76.4% 9,725.50: 1H - 200 SMA 9,707.20: Daily - 20 ...

Carpe diem: Intraday tactics for Dax and Dow

Yes, I was long on pre-trade open thinking we would touch the 200sma on 5m, and if we broke that then 20SMA on 1H. Long 3 mini's @ 9492.8, exit 3 @ +7pts (initial price stalling at BRN). Long 7 mini's @ 9484.3, exit 5 @ +15pts (initial price ...

Carpe diem: Intraday tactics for Dax and Dow

Bought some more mini's on the retrace at 9713, exited all at 9723. Price stalling. +23, +10x3.

Carpe diem: Intraday tactics for Dax and Dow

Bought a Long mini @ 9700 about 20mins ago, set the TP for 50. I think 9745 is key, if we break this, then I can see it hitting 9800 in the early session. Key resistance levels: 10,087.50: Fib 61.8% 9,977.80: R3 9,914.10: R2 9,798.00: R1 9,765.60: ...

Carpe diem: Intraday tactics for Dax and Dow