$40 taken out today and this week starts the new money options for oil which most likely means new lows for oil. Down on the first day of trading for monthly options.

Oil and Natural Gas

YEN will continue its downward course again in September then look for 130 YEN target. Next month they have elections and some talk about stimulus I believe. YEN strength are buying opportunities to short the YEN. Japan is just worried about China ...

USD/JPY Discussion

Nikkei shorts finally paid off

Carpe diem: Intraday tactics for Dax and Dow

Look for new lows today and some major losses. Index could lose 3-6% today.

Carpe diem: Intraday tactics for Dax and Dow

The Rothschild must have made a killing this week shorting.

Carpe diem: Intraday tactics for Dax and Dow

Your target price for today has a very high chance of hitting. Friday and no one in Germany wants to head into their weekend holding shares after this bloodbath they saw this week. I reckon we see 10,200 some time before closing today.

Carpe diem: Intraday tactics for Dax and Dow

Now this is freakin funny lol.. The Japanese Yen depreciates from around 79 to about 125 with no word out of China but when the Chinese Yuan depreciates 4% you get this from Japan's Finance Minister.. url url

Chinese yuan (USD/CNY)

This one played out nicely today. Selling the pops. Friday when week was bloody and all Asian markets closed in the red. You have US futures down and the DAX earlier 10,430 which made no sense other then to lure in suckers to buy at those inflated ...

Carpe diem: Intraday tactics for Dax and Dow

My guess is that they brought it up before they go to lunch. Will fall back a bit during lunch hour and then maybe trade in the middle (high of day and low of day) before US markets open. opened up another short at 10,400 just now

Carpe diem: Intraday tactics for Dax and Dow

I opened new short positions at 10,395 just now

Carpe diem: Intraday tactics for Dax and Dow

Today is Friday, you think people would sell or buy before closing? I was thinking that no one would want to hold on to anything over the weekend with this kind of volatility taking place. If we go up and finish up then it would have to be from ...

Carpe diem: Intraday tactics for Dax and Dow

Having a hard time reading your chart. You calling a bounce or drop?

Carpe diem: Intraday tactics for Dax and Dow

Wish it would drop faster

Carpe diem: Intraday tactics for Dax and Dow

I went short at 10,380 riding it down

Carpe diem: Intraday tactics for Dax and Dow

I just entered short. I believe it is just closing gap. Best shortage opportunity now.

Carpe diem: Intraday tactics for Dax and Dow

China and Taiwan did something similar so this is a worldwide correction. Oil prices dropping and currencies dropping is a sign of ugly things to come. Think about it.. Russia's currency went from around 31 to about 65. They literally lost half of ...

Carpe diem: Intraday tactics for Dax and Dow

Something must be wrong with my Forex account then..

Carpe diem: Intraday tactics for Dax and Dow

You still holding that position? Any stop losses on that trade?

Carpe diem: Intraday tactics for Dax and Dow

We were mocking the Chinese markets for 4-8% declines when we ended up following them ourselves. Looks like the Chinese were smart and one step ahead of us. When ever you see huge moves and volatility then one can expect massive drops to follow. ...

Carpe diem: Intraday tactics for Dax and Dow

I got a low of 10,146 not sure where you saw 10,080 I expect another 2-3% in declines from yesterday's closing price.

Carpe diem: Intraday tactics for Dax and Dow