If I read correctly there should be a positive surprise. The assumption here is that the euro or eurozone needs saving. Euro is weak but this is great for the most important economy of the eurozone, Germany. The markets are doing well, actually way ...

Carpe diem: Intraday tactics for Dax and Dow

Nice one! I am even more alarmed that Buffett said there is no bubble....

Carpe diem: Intraday tactics for Dax and Dow

Welcome Mystic, I would say this a general forum where likeminded traders get together but the discussion and posts here transcend trading and one different method so we are happy to hear your voice.

The Club!

Absolutely...we live in the post-truth world. It is not about the truth but what "they" want us to believe, and what they feed us as truth. The less we know the better...the easier we sleep

The Club!

very very scary

The Club!

Ok opened just below...lets see what happens now

Carpe diem: Intraday tactics for Dax and Dow

DAX needs to break the 100 MA on the hourly currently at 11710. If this is broken decisively and the next candle opens below then we have a very good chance for 11642. Already tried 4 times to break it. Lets see if the US helps it

Carpe diem: Intraday tactics for Dax and Dow

The market is very thin and longs will bail out fast if they smell trouble. 11667 is not far fetched and there is a lot of support in this area, but it might overshoot to 11642 briefly, if it falls to these levels

Carpe diem: Intraday tactics for Dax and Dow

interesting point SD, where do you get these commentaries?

Carpe diem: Intraday tactics for Dax and Dow

I dont think you can put all these traders in the same group (because they have different styles) but yes it works and that is cool. Still I think this market has reached a point that you can only buy and to do that you need to close your eyes ...

Carpe diem: Intraday tactics for Dax and Dow

This market has the reached the point where nothing works...as someone said earlier you just close your eyes and buy and expect that AAPL will continue making new highs pulling the market up...

Carpe diem: Intraday tactics for Dax and Dow

Interesting letter...What this guy says in his letter might be expressing what many feel about the role of the US in world politics (I remember reading a book almost 20 years ago called the rogue nation about the dirty American politics) but as far ...

The Club!

I totally agree, I am just saying that when I see DAX rising and I know that it is following S&P, it is hard for me to simply say that big money is supporting the German market, when in fact it could be that big money is coming into the US and as a ...

Carpe diem: Intraday tactics for Dax and Dow

At the moment the indices are following oil's jump as if this is good news. This will fade and we will resume the downside.

Carpe diem: Intraday tactics for Dax and Dow

I dont think you can see the big money pouring in the market throught the DAX, not because they dont pour it but because the German market is following the US. So if anything the Americans start and then the lemmings follow. Plus nowdays with HF ...

Carpe diem: Intraday tactics for Dax and Dow

I might add Evgenia, that so far the central banks and politicians have been rolling the expectations managing to keep them high but this cannot last too long and when there is no more money to roll the unrealistic rosy expectations we will have a ...

Carpe diem: Intraday tactics for Dax and Dow

great stuff by zerohedge

The Club!

If I understood correctly sisse you mean that 70 years has helped Germany to a shift from the fascist ideology of 1930s to an open country? Because I would argue that so far they have been the main beneficiaries of the set up of the EU, managing to ...

The Really Useless Thread

the whole goes down to 11480. Might not be today but needs filling.

Carpe diem: Intraday tactics for Dax and Dow