Daniel Mankani "DynamicTrader – Trend Trading Dynamics" Trading for a living, systematically profiting from longer term trends.

30Dec/160

Golds second best night, tonight’s closing could be impulsive.

12/30/16, 2:30:07 PM:


Gold just had a field day, in fact the best day since feb 11 2016.

You know what happened on this day, gold jumped up 2.5% intraday and marked a high at 1265/-, this marked the first major top since the bottom was made in dec 2015, at the price of 1046/-.
12/30/16, 2:34:23 PM:


It's beautiful, how technical analysis works.

I recall this date very well. I was on the yacht in Langkawi with Ramesh, he needed a good place to sleep, sleep deprived, so told him, the best place to sleep is always on the water. We went to Langkawi, while he slept, I was trading.

12/30/16, 2:41:20 PM:


Gold high of 1265/- made on that night and spiked even higher to complete, and then it reversed hard, while the Dow made a significant low at  15503.01 at the same time/day and the spx hit 1867.75 low and closed the week near the highs of 1937.12, a significant bottom made and it never threatened it lower, ever since then again.

Today, we are talking, 20k Dow and 2300 on SPX. A gain from the lows, how much???, all within a year.

And


12/30/16, 2:43:41 PM:


The feared, the scared, act on impulse. All that money will want some resolution tonight, how we close the year, determines the new year.

12/30/16, 2:44:07 PM:


The feared, the scared, act on impulse. All that money will want some resolution tonight, how we close the year, determines the new year.

12/30/16, 2:49:59 PM:

All that money, all that profits to protect, all that bias, perception play, making new highs on the basis that trump is great, is all utter bullshit and that of a major distribution pattern.

Gold"s play also very interesting and telling, someone bid 3.5b of national money in contracts in gold last night, but why??! Is this quite mkt.

And the second key pension funds rotations, also makes one to question, why is this quite mkt???


While obama is doing everything to make life difficult for everybody and significant developments in the geo-political front?


Is this fundamentally connected??? And is the trade of going short technically valid.

From the look of things, it looks so, we will close lower on stocks tonight and such a move will be impulsive.

12/30/16, 3:07:51 PM:

In quite mkts, try rotating stocks, you are in for a very big slippage, only the morons on trading desks, all decision makers not around, so when they go to sell, they will encounter a bid less mkt and with very big possibility to slip.
Let's see by how much, if the above statement is true.

The first leg was from 2277.77 high on the spx and 19933 on Dow march futures, cash Dow hardly made it the last 13.33 points needed for saying, hurrah, 20k done today, trumps rally.

Last night lows were, 19726 and 2238.25 on the futures, respectively.


Judging from this, the next leg down, targets, 2220 esh7 and 19600 ymh6 on the Dow, a near about 1% down day or more. They will, just call it profit taking.

And this is technically sound as, and this could be the only one key reason, we called for gold to close near about 1177.00 for the month, whose closing above is highly welcomed for today, and if true, gold"s run up to 1250/- will confirm for a strong attractive target, for a secondary bounce, despite even if, gold is due for lower, after this. which we have always called in question and doubt.


All could happen tonight, some will become disappointed, some in misery, but many not knowing, what's going on, they could be cheering 2016 good bye and with it, market historical highs and a volatile start to Jan 20th. The next most significant date.

Someone always knows something, everything in life is, just a game of speculation,

🙃especially in a upside down world, just like now. 😀


I don't even know this guy, and he is running a bucket scam type of unregulated operation using our name, some of our content. What a scam guy? Check out his YouTube channel here.

https://youtu.be/wAh_tVBJOk4

Folks guys who can trade, don't sell their secrets, they give them away free. Always, good intention begets similar results. So be careful who you trust with your own money.

If this is not scam, then what is;

Here he clearly mentioned, on behalf of dynamictrader.com

The YouTube ID of Insert video URL or ID here is invalid.

https://www.fxstreet.com/live-video/trend-trading-perspective-with-zaheer-anwari-12-14-201612151439

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