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


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.


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.


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.



Global economy weekahead – Living in interesting times

Global economy weekahead - Living in interesting times
A trader works on the floor of the New York Stock Exchange July 3, 2014.
Business »
(Reuters) - With U.S. stocks hitting record highs on the back of strong jobs growth, the European Central Bank holding out the prospect of printing money and British house prices soaring there is a lot to ponder in the week to come.

The Dow Jones index breached 17,000 for the first time last week, days after the Bank for International Settlements - the global forum for central banks - said that markets were in a “euphoric” state and that keeping interest rates too low for too long could sow the seeds of another crisis.

In fact, the world's major central banks are operating at different speeds and, in some cases, are on opposing paths.

The Bank of England is highly unlikely to lift interest rates from a record low 0.5 percent after its monthly policy meeting on Thursday, but it is looking increasingly certain to be the first major central bank to tighten policy.

The U.S. Federal Reserve is winding up its money-printing programme but seems comfortable leaving rates low until well into next year. The European Central bank cut rates last month and may yet have to resort to quantitative easing to ward off deflation.

The British economy is growing fast and its housing market is threatening to burst out of control - prices in London have shot up nearly 26 percent from a year ago.

A Reuters poll of more than 60 economists produced a consensus that UK rates will rise in the first quarter of next year. But it attached a growing, 40 percent chance to a hike before year-end.

Only last year, the Bank was predicting no move until 2016.

Bank of England chief economist Andy Haldane said last week that raising rates was the last line of defence against asset price bubbles, but it would be surprising if property prices were not very high on the Bank's agenda.

"With none of the BoE ostensibly being in an immediate hurry to raise rates, the August Inflation Report next month may provide a better vehicle through which to assess the need for rate rises," said Nick Bate, economist at Bank of America Merrill Lynch.


Data last week showed U.S. employment growth jumped in June, evidence the economy is rebounding after a weather-related slump at the start of the year.

The data slate is thin in the week to come but a number of Fed officials - covering the hawk-to-dove spectrum - are speaking and investors will be tuned in to see if any think a case is building for an earlier rate rise.

On the back of the U.S. jobs report, J.P. Morgan brought forward its forecast for the first Fed rate rise to the third quarter of 2015, from Q4, and said a move in the second quarter was quite plausible.

Minutes of the Fed's last policy meeting, at which it expressed confidence the U.S. recovery was on track and hinted at a slightly more aggressive pace of interest rate increases starting next year, will be released on Wednesday.

The European Central Bank faces a very different threat - deflation.

Hours after ECB President Mario Draghi held out the prospect of printing euros to rev up the economy, Bundesbank chief Jens Weidmann broke cover to say the ECB should not leave policy loose for too long.

Draghi has taken the ECB a long way with measures some of its members have found hard to swallow. Quantitative easing could prove to be his toughest test yet.

Draghi speaks in London on Wednesday - the venue for his game-changing 2012 declaration that he would do whatever it takes to preserve the euro. A number of his colleagues are also out and about in the week to come.

"Disinflationary pressures will not disappear overnight and nor will the threat of deflation. Accordingly, we still think that the ECB will need to take further action, ultimately implementing a large-scale quantitative easing programme," said Jessica Hinds at Capital Economics.

In Japan, the focus is on Thursday's machinery orders, which act as a leading indicator of capital spending and are expected to have resumed growing in May.

"Earnings are improving, so companies which have put off investment are now starting to invest," said Norio Miyagawa, senior economist at Mizuho Securities Research & Consulting Co.

Bank of Japan Governor Haruhiko Kuroda speaks on Monday when the central bank holds its quarterly meeting of regional branch managers. He is likely to reiterate the BOJ’s upbeat take on the economy, which should underscore a growing market view that no further monetary easing is likely in the near future.

Top Chinese and U.S. officials will hold annual talks in Beijing on July 9-10, known as the Strategic and Economic Dialogue, with Washington again calling on Beijing to do more to allow the market to set the value of its yuan currency.

(Editing by Hugh Lawson)


Filed under: Funds Comments Off

INDIA NIFTY – Has 5400/5420 in view. This guy is not falling!

The last few sessions in the markets have been breath taking, Just a few days ago on FRIDAY, HOPIUM rose and the markets became once again happy go lucky!. Despite the geo political arena getting hotter, American Ships in the straits of Hormuz, plus IRAN completing their war cry exercise and demonstrating its war capability, and selectively saying, "Don't mess with me, I have the fire power", its possible, the USA now discounts the IRANIANS for all their empty threats.

Last year IRAN warned "No ships shall pass my seas" and a US SHIP turned back and headed further away, with that, IRAN said "IF YOU COME THIS WAY AGAIN!, I SHALL TAKE CARE OF U!.  A week later, when the SHIP returned, IRAN did nothing.

A whole lot of empty promises and lack of management displinary skills of IRANs arm forces, indeed raises many doubts, but then again, they have shown more than once, their inefficiencies, an example how they were not able to handle the naughty behavior of STUXNET or when their mililary depots blew up, due to "improperly of storage weapons" techniques.

A whole lot of questions are always raised, when it comes to IRAN, the sabre rattling has started to become boring, this could be the underestimation both parties could make, leading up to the escalation in world war three.

The USA may just push it further and strangle the IRANIAN even more, before the IRANIANS make the first move, due to fear attack.

indeed escalate world war 3, and the IRANIANS will indeed give them a tough fight, which will solve USA's economic problems and the Industrial War Complex will once again have their way.