Chris1983

Chris1983

This is what happened when the email case was reopened by the FBI. They have clearly affected the markets, so it is not unreasonable to think this has also affected the voters minds. Although the case is now closed, this will have lasting impact and will also be in voters mind during the election day. Therefor I still think Trump is ahead and will win this...

Chris1983

Just a couple of days more till the US elections. This will be by far one of the most interesting US elections ever. But furthermore this week we also have FOMC statements, rate hike decision, and of course NFP Friday coming up. Be prepared for massive swings in the markets the next days, that can continue after the elections if Trump has become president. This...

Chris1983

The DAX has failed to push through the 10800 and is now slipping back to the strong April 2015 trendline. With all the potential troubles in the markets, from DB and other bank problems, to the US elections to currencies troubles, possible US rate hike and the possible end of QE policy of the ECB, I dont see the DAX pushing above 10800 anytime soon. It is more...

Chris1983

Today we have the big NFP event again. With US elections coming, more and more signs of a rate hike coming soon, Brexit and other fears in the market (like a potential new banking crisis), today's NFP could push the markets into bear modus. Either if the number beats expectations (225K or more), which means rate hike can be incoming soon, or the number is lower...

Chris1983

Recent up moves in the markets have been strong. After the brexit crash and central banks providing extra ''liquidity'' and everyone buying the dips the markets have clearly overshoot. The DAX broke through the upper trend line formed in April 2015, clearing out short positions as traders were overly biased on being short. We have to see if the markets stay...

Chris1983

The Germany DAX has been trying to move towards the upper declining trendline from the high formed in April 2015. Everybody can see that the market has failed to push through this trendline before, will the market move up and touch this trendline and fall back once again? Or will the markets fool everyone by pushing higher through the upper unbroken trendline? The...

Chris1983

On the hourly chart this is my idea what can happen in the next couple of days for the dax IF no trend line is seriously broken in the opposite direction.

Chris1983

After the big ''shock'' that took place on the markets after the brexit vote was real, the markets are deciding what to do next. Central banks already stated they will keep providing liquidity to the markets. This means they will drive up the prices. Hedge funds and other investors know the real economy is on a global slowdown. Retail investors are locked in their...

Chris1983 Updated 

German DAX has been plunging the last days in preparation to the BREXIT referendum, FOMC, Interest rate decision, bad economic data, weak jobs report USA etc. Retail most likely to also be risk averse and close their open positions due to the upcoming uncertainty and volatility that goes with it. With current markets in turmoil I cannot see the FED making a...

Chris1983 Updated 

DAX is forming a M pattern with big volatility coming due to potential BREXIT, more bad economic data coming out from central banks as well as from corporate the potential to downside movement is high.

Chris1983 Updated 

EUR/USD short term long to 1.14 area during todays NY session. Followed tomorrow by a big drop during/after ECB press conference.

Chris1983

Just a image of this wonderfull 100+ drop in 1 minute!!! Love NFP FRIDAYS