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

17Jan/180

We Are Entering Interesting Times, “Key Reversal Major” ESH2783.85

This gonna be very very interesting, "Key Reversal Major" , HIGH PROBABILITY!.
"Trading For a Living" - Daniel Mankani.

Markets participants tend to overdo,
everything that they intend to do,
if it works, rinse, repeat.

If it doesn't work, lessen the bad ones, keep the good one.
Look at overall system performance not of individual trades. Diversification.

All that is fine. But money is such that it always needs a home to survive.
And what happen's when that home doesn't exist.

Every "Fiat" whose price is reflective of the underlying,
a chase for the underlying begins. This is called a "Melt-Up"

Which is now been suggested by the markets, could be over.
Then comes the turn and we break good lower lows.

Example is; BITCOIN. Analysis of its recent trading anatomy,
how melt up, highest high and it will turn around and take out the lowest lows.

In the Stock Market now, the same underlying pattern is now taking place.

Key Reversal Major..
HIGH PROBABILITY.

Co-relation Analysis.

The federal reserve and its associated crony banks have locked themselves in, now the baby is been given to the public.

The stupid and foolhardy investor that always emerges on greed, has now stepped in.

As markets plunge, that fiat has to go somewhere, what does that do to yields?

This coming weekend cot report could show gold squeeze.

Etf squeezes first for delivery and then to liquidate them.

psst here is the secret. “The market is ahead of the curve, what drives it. Sentiment, not economy. Economy on the other hand is reflective of the stock market which is in turn, ahead of the curve.

Its price vs change my friends, a game a cycles of price and time.

Get it?

And as the peak is left behind, feds will still have to hike, to spill more blood. So the foolhardy investor can get his fill.

He is a tough negotiator! He is Trump. He is a republican who are known to start big wars in the first term. He will want to try negotiating debt, bankruptcy king is what he is!

What you see is drip drip drip, once its wet enough, then it slips.

"If the analogy is true, then you can assume the result is other debts holders forgive US debts.  Which means long USD before it starts flying. Buy Moar!"

Response:

You are assuming that dollar becomes scarce as they liquidate treasures holdings and yields rise on them. Yes, in such an instance dollar will become scarce and fly, but in that scarcity lies in there its own collapse. Then do you think its will rise in price?

The response for that lies in, understanding whether the countries monetary supply is expanding or shrinking. Is there a trend towards self isolation vs opening up trade, monetary supply expands with more positive spread across borders.

That's your answer. Lies in the underlying.

By 2018 end, dollar will be down another 10% and its global dominance shrinks,
the challenges will be in china. Its becoming japan. USA will see its 1998.

17/Jan/2018 - Dynamictrader.com

 

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

19Mar/12Off

The Loonie has broken to the downside and Yen is capped around 83.45.

The Loonie has broken to the downside and The dollar  is capped against the Yen at around 83.45, And whereas it looks like the bounce levels for CHF at 0.91 figure and EUR at 1.3245 appears near conclusion. Am not sure, if these breaks and  if it does, there is more upside for the currencies and more downside for the dollar, against the CHF and the EURO. {Targets CHF 89.60 / EURO 1.3455 levels}

This break above 1.3245/0.9100 {below} is required to provide confirmation that the US stock market rally is extending, and targets Dow 14000/1450 SP. In such a scenario, the currencies also extend and the recent weakness in the JPY can see it take out 83.50.

About 83.50 on the  JPY puts 85.50 into target, a key resistant level, whose break is required to provide evidence that the move for the USD towards 92-94 YEN is indeed underway. The JPY is the only trend at the moment that looks extremely healthy and with the most potential,  The bottom right, as expected, now for the larger big move, we have been waiting for will present itself in the coming weeks.

Only, If the bounce concludes, for the EURO and CHF and there is a reversal, JPY trend trade could be in danger as we shall see a lower stock market and cash moving back into safe havens, which the YEN has lately demonstrated a few times, as it inverse relationships to US stocks takes hold.

In the longer term, been parked in the dollar will look better than stocks, which are now over extended and there has been some substantial damage done for the bears, none are to be seen, the VIX has been crying out aloud.

Stocks may be poised to go crazy to the upside and it could be relatively fast and furious, with 14000 within weeks, and the SP 1450 in sight. Good levels to position to jump in on the turn around.

Never forget the short squeeze of the late nineties, The Nasdag went from 1000 to 5000 in a relative short period of time. Yes!, the Nasdaq gained close to 500% in a relative short period of time. 15 months {Oct 1998 to March 2000 bust). We could see a repeat here.

The stock bulls are pushing it once more again, very soon some juicy steaks will be on the table.

15Mar/12Off

Short the Loonie, proxy to US Stock Markets

The loonie has been extremely resilient in the emergence of the US Dollar, which is gaining ground lately against most of the Majors, with the loonie been the most defiant, seems when the turnaround comes, the Loonie will provide confirmation of a stock market peak.  last USDCAD:0.9931, Key levels are 0.9950 close above signals, short term low in place, a sustained move above 1.0050 puts in on track for 1.0275 and potentially higher levels,  a move below 0.9975 (close below) questions this bias.

13Jan/12Off

Good move in early morning YM Short Long…

Good move in early morning. YM Short, Long Dollars Worked, Greece news related move, talks stalled. Currently squared. Mkts may attempt to close opening gaps. Sidelined for now. Want to get back in with same position at better ODDS, opening gap levels, if available, then repeat, rinse.

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10Jan/12Off

Last 12405 1287.25 Key support now comes in…

Last 12405/1287.25

Key support now comes in at 12377/1284, A close below is required to confirm our trade, determining factor for keeping it overnight. Stops at break even.

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10Jan/12Off

Last 12400 1285.50 Stops Placed Now let it…

Last 12400/1285.50
Stops Placed. Now let it ride.

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10Jan/12Off

WE are still hanging in there but the…

WE are still hanging in there. but the consolidation displays weakness or a tiring market. Break of 1286 is needed and 12400 on YM. Calling a top is far harder in fake markets.

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10Jan/12Off

Before todays upmove the market had been like…

Before todays upmove, the market had been like dead, first good intraday move of 100pts on YM for the first time this year, volatility is possibly coming back, I would think the down leg should start downwards today and make a low by next week monday. For the monthly options expiry, elephants trumphet once again. Short the dow march futures at 12445 region. ES hasn't been to deliver any better edge, YM looks good to me.

Break of 1290 ON ES March, will prove some headaway into possibility of this scenario and deliver a minimum of 1270 on ESH2 and 12300 on YMH2. A good plan and a trade.

Last 12426/1289
The Dollar is also rising on the down move. This looks good so far, would like to see 12400 clear to the downside on YM and ES should clear 1286, then some confirmation can be given as evidence for this trade.

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4Jan/12Off

Am looking for a bounce in YM towards…

Am looking for a bounce in YM towards 12378-12405 region. Where I would preferably like to get in.

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