Swing Trades DAX/DOW/NQ/GOLD

I think NO DAX trades for me Today. Price needs to get above/below the levels as posted above.

Anyway, If the DAX goes up: trgts 550 & 570 Y VWAP & 600/+1.0%. Only with enough US support
Down trgts Y ETH POC @ 465 & 420/-0.50%

Focus on US markets Today

They could become a pajama Daytrader as I am/we are.

DOW Long again @ 603

T1 +11p 2 lot
2 running
T2 +15p 1 lot
1 running/SL BE zone
FLAT -8p last lot

Price needs to say Goodbye to the 600

1. U.S. President Donald Trump has claimed Washington’s trade war with China has had little impact on the American economy so far.
2. Mark Zandi, chief economist at Moody’s Analytics and a frequent critic of the Republican president, says Trump is “dead wrong.”
3. The negative effects of the trade war are “starting to show up in places like manufacturing, transportation, distribution,” Zandi says.

Trump said in a Wednesday Twitter post that the U.S. is “winning, big, time against China,” adding that “prices to us have not gone up, and in some cases, have come down.”

If Trump were to follow through on his outstanding tariff threats, Zandi said, it would incur a cost of $100 billion for American businesses and consumers in the coming year.
“That’s half a percent of (gross domestic product), that’s about half the tax cut that Americans got last year,” the economist said. “That’s very significant.”

The tariff battle has already taken a toll on business sentiment, Zandi said: “All over the globe ... business investment, (capital expenditure), has flat lined since the trade war began about a year ago.”

That negative hit is likely to be seen next in the jobs sector, he projected.

“It’s starting to show up in places like manufacturing, transportation, distribution,” he said. “If it metastasizes, and other businesses and other sectors of the economy start to pull back on hiring and unemployment starts to rise, well that’s recession.”

https://www.cnbc.com/2019/08/15/us-c...my-impact.html

DOW Long again @ 603
T1 +11p
2 running
T2 +24/25p 1 lot
1 running
FLAT +5p last lot

@ Y RTH POC again. Res level. Needs to be broken

Markets still very nervous/Bearish

DAX will likely see the -1.0% @ 350/360 zone. Reached.

DOW maybe to -0.50% A May and June GAP to close @ -0.50%/320. DOW in a sideways range now. 450<>650

DOW crossed the 500 and when no support comes in we could see the 25K zone soon. @ -1.5% zone
If the DOW plunges that deep, the DAX will maybe see the 11K

DAX Long @ 379 above -1.0% and just above -3.0% from last Friday close

Trgt 400>450

Tight SL

T1 +11p
2 running
1 closed +13p
1 left running
Closed BE last lot

DAX plunged +/-11% to 12% last 4 Weeks. +/- 1300 points

DOW tanked 2300 pints last 4 Weeks. +/- 9%


The ministry also said the U.S. tariffs violate a consensus reached by leaders of two countries and get off the right track of resolving disputes via negotiation.

Attached Image

No break @ the markets now.

Panic selling now

DAX & DOW -4.0% from Fridays close now

DAX -2.0% from Y close
DOW -1.0% from Y close

There were a few rebound attempts on the DOW, but were smashed down directly

DOW 25K closer and closer
DAX 11.200 to 11K

New rebound attempts will come soon I think

Big Boys parties started buying already. They are loaded with cash.

DOW this Week trading range is in the same range as last Week.
Its likely we gone see a deeper dive then last Week low down to 25K zone to test and then up again.

No prediction. Just a feeling.

DAX Long scalp @ 293 -4.0% bounce
T1 +11/12p
2 running
T2 +15p 1 lot
1 running/SL BE
+10p locked in last
+20p locked in last
+30p locked in last
+50p locked in last

Trgt 11.350

DOW Long MICROs scalp @ 295 -4.0% bounce
T1 +20/22p
T2 +35/37p
last 5 running

Trgt
350
400

+120p 4 lot closed
+120p locked in last lot

FLAT +120p last lot

Maybe to Y RTH low

FLAT +60p last lot @ 50 zone

New rebound attempts will come soon

Sooner then I thought!
Market are very volitile and violent.

Still a further plunge possebility

DOW needs to cross that Y RTH POC
Res. 650<>700 +1.0%