Thanks. I think the Greek deal will get over the line around 11 May, so Equities should respond upwards from here as news filters through. Only concern is EUR strengthening again, which is possibly temporary anyway.

Carpe diem: Intraday tactics for Dax and Dow

I see Dax next level of Fib support at 11,184, which lines up with the low of 4 March 2015, where the EURUSD was at similar levels. This is my absolute rock bottom assuming EURUSD stays at this level for a short period of time. I just sense it may ...

Carpe diem: Intraday tactics for Dax and Dow

Anyone sensing we have come very close to the interim low? I mean its dropped over 1000pts. Anymore and we are heading into a correction (Eg -10%)

Carpe diem: Intraday tactics for Dax and Dow

BASF Earnings lower than Q12014 Earnings per share were 1.28 in the first quarter of 2015, compared with 1.59 in the same period of 2014. Bayer Earnings lower than Q12014 Significant sales and earnings growth at HealthCare / CropScience performance ...

Carpe diem: Intraday tactics for Dax and Dow

Good day to you too. FYI - Germany's Import / Export trading partners ranked.

Carpe diem: Intraday tactics for Dax and Dow

Yeah there would be some gains for German companies from EUR weakness, also FX hedging would exist, and to be honest I don't have the details of which Dax entities have FX hedging and which do not, but I do know that the US is the no1 net importer ...

Carpe diem: Intraday tactics for Dax and Dow

USD weakness will hurt Dax exporting companies. FOMC later today is also critical. Need to see Dax earnings tomorrow to make a proper assessment.

Carpe diem: Intraday tactics for Dax and Dow

I think US GDP news will fall below expectations, and the EURUSD to climb beyond 1.1050. My best guess. Let's see.

Spider's Den

Expecting further USD weakness upon release of US GDP data in a couple of hours. Dax seems supported at 11780s, but trade with caution today. green pips as always guys

Carpe diem: Intraday tactics for Dax and Dow

Anyone have any Earnings Expectations data on Q1 2015 for - BASF, Bayer, Fresenius Medical? BASF and Bayer will be reporting before Xetra Open I believe tomorrow. Whilst, Fresenius Medical around 3.30PM CET tomorrow.

Carpe diem: Intraday tactics for Dax and Dow

Yeah, you may be right... however i don't like this USD weakness atm.

Carpe diem: Intraday tactics for Dax and Dow

url Good link keeps me up to date. 11 May looms as crunch date now.

Carpe diem: Intraday tactics for Dax and Dow

Dax has broken my 11840 and 11788 support levels, I see this searching lower... 11620 is my next level of support. EUR/USD headed for 1.10

Carpe diem: Intraday tactics for Dax and Dow

This W shape pattern appears to be range-bound and has lost its bullishness. My long entries were terrible today, my worst losses. USD weakness and overbuying yesterday on greek news suggests to me this will go lower in the interim. I'll take longs ...

Carpe diem: Intraday tactics for Dax and Dow

Hard to say, but possibly. There has been buying during the pre-trade session leading into Xetra Open the last couple of days. I still expect a small pullback on Xetra Open. I see resistance at 12067 and 12124.

Carpe diem: Intraday tactics for Dax and Dow

FYI - Daimler Q1 2015 results were well above Q1 2014. Solid results

Carpe diem: Intraday tactics for Dax and Dow

Continuous price on SP500 seems a bit high, and I expect it to dip on its open, this may drag the dax a little down just after NYSE opens, but then again, the dax has been very strong today....

Carpe diem: Intraday tactics for Dax and Dow

Bravo!

Carpe diem: Intraday tactics for Dax and Dow

Great thanks - DB's results were below Q1 2014, but largely due to litigation one-off expense, with revenues up. Should be neutral or possibly some buying.

Carpe diem: Intraday tactics for Dax and Dow

url Q1 FY2015 Earnings this week: Tuesday - Daimler (representing 7.4% of Dax Mkt Cap) Wednesday - Deutsche Bank (representing 3.5% of Dax Mkt Cap) Thursday - BASF, Bayer, Fresenius Medical (representing a combined 17.5% of Dax Mkt Cap) I'm not ...

Carpe diem: Intraday tactics for Dax and Dow