Swing Trades DAX/DOW/NQ/GOLD

NQ Long @ 7676
T1 +4p 1 lot
FLAT +7p last lot

Trgt 7700

DOW L @ 26.369
T1 +11p 1 lot
1 running/SL BE

FLAT BE last lot

Trgt VWAP. HIT

NO Buying power anymore. All makets remain very Bearish. They have to recover from the hectic week first.

DOW long. Trgt 26.500 POC HIT. SL to tight
T1 +25p 1 lot
1 running overnight if not stopped out

NQ trgt 7710/15 GAP HIT. SL to tight
T1 +5.5p 2 lot
1 left running overnight if not stopped out

Both last lots stopped out @ BE

Market popped on some gold diggers. Fast In & Out (like me)

DAX Long @ 609 Counter trade
T1 +10p 2lot
1 left open overnight if not stopped out
SL BE

FLAT BE last lot

Trgt 12K but all markets still very Bearish

Have a Good Weekend All.

I'm (only) a still follower of your Thread as of late... but seeing your past here on FF, WOW that you have the mental energy and consistency to continue your journals over such a long time

All the best 2u - THANKS!

On request my trading strategy in 2 screenshots. (scareen shots DOW Aug 01)

Price above my Swing MA lines means Bullish for me.
Price also above the Ichi cloud means double Bullish confirmation.
Two matching forces for Long trades

Price below my Swing MA lines means Bearish for me.
Price also below the Ichi cloud means double Bearish confirmation
Two matching forces for Short trades

But:

Price above my Swing MA lines means Bullish for me.
But price below the Ichi cloud means short term/scalp Bearish move
Bullish long term & Bearish short term means contradicting signals. Scalping down against the Swing flow/trend.
Two opposing/contradicting forces/signals/alerts for scalping only


Price below my Swing MA lines means Bearish for me .
Price above the Ichi cloud means short term/scalp Bullish move
Bearish long term & Bullish short term means contradicting signals. Scalping up against the Swing flow/trend.
Two opposing/contradicting forces/signals/alerts for scalping only

Inside the Ichimokou cloud better no trading!!! Trade above or below the cloud.
Watch the bar/brick coloring on the screen shots below, when the price is Above/Inside/Below the Ichi cloud.
In general I use the middle or downside of the cloud as SL in case of a long trade. Short trade vise versa.

Watch the Video.



Besides watching/following/examining the price in relation to the Ichimoku & price in relation to the Swing T3 MA lines (as in the screenshots below):

I use the %% levels and the Daily POC and Weekly POC & VWAP levels as possible targets/turning or bounce points.
I watch Daily %% calculated from Yesterday RTH close.
I watch Weekly %% calculated from last Week Fridays ETH close.

The Daily ETH POC will get more value second half of the trading Day (so I watch the previous Daily ETH POC(s) as well)
The Weekly POC/VWAP will get more value second half of the trading Week (so I watch the previous Week(s) POC(s) as well)

MP levels and %%% levels are on all my different time frame charts the same.
MA lines show for 95% the same levels on each different TF or Renko chart.
Whether I watch a Renko 10/25/50 size DAX chart, the Swing & Stop MA lines show the same levels. That makes that the decision points for trades are always @ the same spot/level, whatever TF chart I'm looking at.

I can see a set up and possible target within 5 second or less.


As Jupiter quoted:

The challenge of Technical Analysis in this 4 points:

> Converting mountains of data into an easily tradable format.
> Decision making process must be simple, accurate and consistent.
> Understanding what the market is saying and knowing what you should do in an instant (in 10 seconds or less)
> Play a Good Defence is the essential (next quality that needs to be developed is managing attacks)

Collapse Of Deutsche Bank Would Be Catastrophic For Global Financial System

…The global financial system simply cannot afford for Deutsche Bank to fail, and right now it is literally melting down right in front of our eyes…

…On July 7 the beleaguered German giant announced that it is laying off 18,000 employees—roughly one-fifth of its global workforce—and pursuing a vast restructuring plan that most notably includes shutting down its global equities trading business…If the Deutsche Bank collapses, it could take a whole lot of others down with it at the same time.

According to Nasdaq.com, as of the end of last year, the bank had total assets of $1.541T and total liabilities of $1.469T. That’s not much in the way of equity…and things have deteriorated rapidly since that time. In fact, it is being reported that $1T a day is being pulled out of the bank at this point.

…The global derivatives market played a starring role during the last financial crisis, and it will play a starring role in the next one too…

1. The…failure of Deutsche Bank could quickly become a major crisis for the entire global financial system…as some of the largest “too big to fail banks” in the United States, such as JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley and Bank of America, as well as other mega banks in Europe, are “heavily interconnected financially” to Deutsche Bank.
2. In fact, the IMF concluded that Deutsche Bank posed a greater threat to global financial stability than any other bank as a result of these interconnections

Conclusion
It appears that the next “Lehman Brothers moment” may be playing out right in front of our eyes. Now more than ever, keep a close eye on Deutsche Bank, because it appears that they could be the first really big domino to fall.


Never before in the history of the United States have we been faced with the threat of such a great financial catastrophe but, sadly, most Americans are totally oblivious to all of this. They continue to have faith that their leaders know what they are doing, and they have been lulled into complacency by the bubble of false stability that we have been enjoying for the last couple of years. Unfortunately for them, however, this bubble of false stability is not going to last much longer and when the financial crisis comes it is going to make 2008 look like a Sunday picnic.

Of the $200+ trillion in derivatives on US banks’ balance sheets, 85% are based on interest rates and for that reason I cannot take any of the Fed’s mumblings about raising interest rates seriously at all. Remember, most if not all, of the bailout money has gone to US banks in order to help them raise capital. So why would the Fed make a move that could potentially destroy these firms’ equity and essentially undoing all of its previous efforts? That being said I still see derivatives as a trillion dollar ticking time bomb with a short fuse.

http://www.munknee.com/collapse-of-d...tem-heres-why/

Perfect summer storm brewing for stock correction as trade war simmers and more Fed action awaited

 

1. Some analysts are expecting a stock market correction in a seasonally weak time of year, while markets await developments on trade and Fed policy that are not expected until September.This has created an information vacuum for markets, including the void left as corporate earnings season winds down.
2. Just about 60 S&P 500 companies report in the coming week, including media names like Disney, News Corp. and Viacom.

“In essence, it’s a month and a half of a vacuum, if you think about the direction of the rhetoric. ...
The issues are China, the issues are the Fed and the issues are Brexit. In the first tow, you’re almost not going to hear anything.”

Trump, in threatening new tariffs on $300 billion in Chinese goods on Thursday, said the tariffs would go into effect on Sept. 1 unless China acts, but no new talks are expected before September. Economists said if the tariffs are put in place, the risks of a U.S. recession rise, particularly if businesses step back from investment, and possibly even hiring
Perfect summer storm brewing for stock correction as trade war simmers and more Fed action awaited

https://www.cnbc.com/2019/08/02/perf...orrection.html

OK, OK I've understood.
War trade, Deutsche Bank mess, Brexit mess, Central Banks mess, instead of swim suit I'll wear a couple of these body armor this hot August to protect me by BigGuns bullets and BigSharks bites....

I posted it will be a "Hot Summer" re trading/news/volatility 2 Months ago. One of these iron suits will be a good protection, but build in an Airco, otherwise you will not survive.

Long term "Swing" chats

Yes you're right.
I remember very well what happened august 2015, with a 2000 pips free.fall on FDAX in a couple of weeks for yuan devaluation.

Trump is obsessed by US FED huge rate cut and probably he will have it, but with yuan now at lowest in last 3 years what he will get,,,absolute nothing.
Anyway he was the man that pushed FDAX from 10k to 13,6k and he is the man that could derail all.....

DAX already @ -1.5% from Fridays close
RTH GAP up to 830/-0.50% Fridays RTH low

DOW @ -1.0% from Fridays close
@ Fridays low. No GAP up so far
Room for testing the 26K zone

NQ @ -1.5% from Fridays close
GAP up to 7650 Fridays RTH low

DAX Short @ 774
T1 +11p 2 lot
2 running
T2 +20p 1 lot
1 running/SL BE zone
FLAT +48p last lot

740 ETH POC support
710 -1.5% & Dev VAL . Support zone

Is it???

I'm very cautious/reluctant with longs in every market now

Took 1 scalp long in the DAX on the cash open but thats maybe the only one Today

Maybe long try above Todays POC and -1.0% @ 760/770

Shorts below 700/-1.5% or much higher

DAX Short again @ 715 below Todays POCs

Trgt 650/-2.0% from Friday RTH close

T1 +11p 2 lot
T2 +16p 1 lot
1 running/SL BE

Price @ -2.0% Fridays ETH close now

FLAT +54p last lot @ -2.0%

Price below my Swing MA lines means Bearish for me.
Price also below the Ichi cloud means double Bearish confirmation
Two matching forces for Short trades