Australian (ASX) Stock Market Forum

International markets traders banter

Interesting how the risk/off/risk/on type trades are consolidating while the indices get have the bid. So Gold has broken out, the 6A looks ready to make a move...RBA i suppose, the Bonds are ready to move higher on any poor data and the Yen looks ready for a pop higher....btw the measured move for GC is 1356
 

Attachments

  • gczb6a6j.jpg
    gczb6a6j.jpg
    167.5 KB · Views: 52
Interesting how the risk/off/risk/on type trades are consolidating while the indices get have the bid. So Gold has broken out, the 6A looks ready to make a move...RBA i suppose, the Bonds are ready to move higher on any poor data and the Yen looks ready for a pop higher....btw the measured move for GC is 1356

Time to short the Footsy me reckons. @ 6,534

(For a change that's a joke misspell.)
 
There are a ton of currencies and commodities setting up for some nice trades, i'll try and post some charts later.
 
Indeed, at the end of June Fitch Ratings estimated the total value of negative-yielding sovereign debt had surged to $11.7 trillion following the Brexit vote.

The stock market is no place to be?
 
Half year has passed and nothing has changed, but......
Now it seems that the decision is in the final stages
Quite a few speaker and writer on interest rate increases and reductions worldwide.
A year and a half, if we look at, the number of instruments, and examine them in depth it appears that there is a contradiction between the expectations of the situation on the ground, or alternatively a lack of clear direction
I wrote a review earlier this year, arguing that this would be a challenging and difficult year, at the beginning, we received strong declines in the markets and stock exchanges
The truth is that, in October 2014, the markets are wide strip shuffle - Let's take for example the SP500 index:
we can see clearly the congestion range from 1850 to 2100
The range has been tested several times both from above and from below.
Technically net, without regard to the environment and other variables,
The target is 150 basis points, breaking the support level, or alternatively breaching the resistance level
Now lets test and look on the Dow Jones
If we look at the index, we can see an interesting pattern
Unlike the SP500 Index
Here the picture looks rather more positive
Assuming that the pattern does indeed exist
There are three options that can be seen in the graph
Let's say that the region of 19,600 points in the first phase will provide me
And last for today
Nasdaq 100 Index
Here you can see a diamond pattern
This pattern is also similar to the SP500 has not yet formed into a decision
There is a probability of 50-50
Breaking the pattern area over 4530 points get higher target
Conversely breaking 4030 points get a lower target
There should monitornas (1).pngdj.pngsp (1).png
 
So here's my new theory -
There is just too much money everywhere.
Bonds are beyond exploding points at the same time as stock markets at the same time as Gold.
What's next? Just wait till it hits the streets.

Hyper inflation!

Why hasn't it hit the streets?
Why are top line earnings still shrinking especially in world banks?
Well they have all had to do this deleveraging and balance sheet shoring up to new rules.
When that's all finished, like about now............
Does it matter? :dunno:
 
Been some chat about the 'quiet months' coming up. Any explanation to this? Is this the July-sep period for the American summer?

How are intraday mkts influenced? Thinner trade? Small ranges? More suck outs stop runs?
 
So here's my new theory -
There is just too much money everywhere.
Bonds are beyond exploding points at the same time as stock markets at the same time as Gold.
What's next? Just wait till it hits the streets.

Hyper inflation!

Why hasn't it hit the streets?
Why are top line earnings still shrinking especially in world banks?
Well they have all had to do this deleveraging and balance sheet shoring up to new rules.
When that's all finished, like about now............
Does it matter? :dunno:

Not time to be pessimistic....fund managers just off record cash holdings...
 
Been some chat about the 'quiet months' coming up. Any explanation to this? Is this the July-sep period for the American summer?

How are intraday mkts influenced? Thinner trade? Small ranges? More suck outs stop runs?


Crude and gold were all over the place yesterday....stop runs or thin liquidity or both. Fx should be fine.
 
$DB Deutsche Bank AG said Wednesday that its second-quarter net income fell 98% from a year earlier.
 
FTSE distribution last night, I can't recall seeing one like this.

With NFP tonight and a distribution like that I'd imagine one would be thinking fade extremes for trade ideas pre NFP?

Distribution.png
 
Yeah, looks like trying to find some balance there. You'd be a able to get some long term levels off a composite profile to give you hints where the market will balance
 
Buyers really responded to yesterday's vpoc......

Correction, looks like that is yestys value are low.
 

Attachments

  • image.jpg
    image.jpg
    243.8 KB · Views: 45
Top