Swing Trades DAX/DOW/NQ/GOLD

Even a dozen of rate cuts won't help to this trade war violence.

Next the Fed will follow the BOJ, ECB and the SNB with negative rates. I never thought I would ever see central banks playing roulette with the economy

DOW still @ +1.0%. New attack on the 26K (and close the Friday TPO GAP) or a fast and furious drop to 25.700/650 zone and close the Today ETH TPO GAP

My Swing MA lines are gathered and the price is inside the cloud.
Only trouble trading there.

Maybe a Long (scalp) when the price breaks out above the cloud @ 700 zone and Swing MA lines. (trgt 750>800)
Looks to become more weaker.

If the DOW didn't rebound that strong this morning, it should be a great place on the DAX to go short again

DAX SH @ 645
Trgt 605 Todays VWAP level

T1 +10/11p 2 lot
2 running
1 lot exit +5p
1 left running
FLAT -6p last lot

LAST DAX trade Today very likely

US reachts much stronger on trade war news/Tweets/rumors then EU.

EU got its own problems now.

DOW Sh @ 845
T1 +12p 2 lot
2 running/SL BE zone
T2 +20/21p
1 running/SL BE

FLAT BE last lot

DOW SH @ 845
T1 +15p
2 running
T2 +22p lot
1 left running
FLAT +55p last lot.....+0.50%/Fridays RTH POC is support zone.
Price above Swing MAs & Ichi cloud so counter trade. Grap what you can and rrrrrrrrrrrrrun

Looks it doesn't want to cross the +1.0% again

Trgts
750/+0.50% (upside of the ETH TPO GAP)
700/+0.25%
600 GAP to fill (downside of the ETH TPO GAP)

DAX is Bearish below 11.700 zone on my Swing charts. No DAX trades now.


DOW focus only

DOW is Bullish on my Swing charts

DOW

Long above +1.0%/25.875/900. Trgt 26K

Short below +0.50%/25.750 and fill the TPO GAP

750/+0.50% support for now

1. Chinese newspaper editor debunks Trump’s trade war claims: ‘China didn’t change its position’
2. Hu Xijin is the editor-in-chief of the Global Times, a tabloid under the People’s Daily which is the official newspaper of the Communist Party of China.
3. His Twitter account has been followed by many Wall Street traders and market participants for insight on the trade war.
4. “Based on what I know, Chinese and US top negotiators didn’t hold phone talks in recent days,” Hu said in a tweet. “China didn’t change its position. China won’t cave to US pressure.”

Trump on trade war: China wants to negotiate and we will be ‘getting back to the table’

 

1. President Donald Trump said Monday that China had contacted U.S. trade officials overnight to say they wanted to return to the negotiating table.
2. Before leaving for the G-7, Trump said he would raise existing duties on $250 billion in Chinese products to 30% from 25% on Oct. 1. Additionally, he said, tariffs on another $300 billion of Chinese goods, which start to take effect on Sept. 1, will now be 15% instead of 10%.

DOW Short try @ 770 768
T1 +15p
T2 +30p
1 running/SL BE
FLAT BE last lot

Still the +0.5% @ 750 support

DOW SH @ 743 again
T1 +37p 3 lot
1 running

DAX SH @ 625 Slowly follower
T1 +11p
T2 +16p
1 running/SL BE

FLAT +18/20p last lot

Leonardo Dicaprio pledges $5 million to reduce Amazon rainforest fires;

When the Notre Dame was in fire, they pledge hundreds of milj even before the fire was out.

Lots of companies/public figures wanted to boost their image and offered money for Notre Dame, for the forest though it is different...

Takes some time to decend. DOW is in a Bullish set up
FLAT BE last lot

DAX still Bearish and waiting for the next US intentions on the markets

1. Trump says US is close to a compromise with France on digital tax (he said that many time before)
2. France and the U.S. have agreed on a draft proposal for a French digital services tax at the G-7 summit in Biarritz, France.
3. The proposed agreement would see France repay tech companies the difference between the amount collected under its current digital tax model and the amount owed by firms under a new OECD system.
4. France passed a 3% tax in July that targets around 30 big tech companies including Facebook, Amazon and Google.