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 ย 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?

โ€‹โ€‹
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,

๐Ÿ™ƒespecially in a upside down world, just like now. ๐Ÿ˜€


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

26Jan/12Off

Market Stalling Are we done yet The rally…

Market Stalling. Are we done yet? The rally since last december seems like a never ending story, everyday up without fail or very small down, we are near the 52 weeks high on the DOW today, another 20pts and it would have been a New High. In this run up, the SP and Nasdaq are weaker in comparison, Whats going on here folks? Is someone holding the market up. That's the feeling that i get.....

Then if we look again, the dow only comprises of 30 Stocks, anyone buying these stocks up and providing the world with Hope, is certainly doing a very nice job.

The Baltic Index is near 2008 Lows.

In any case, I think today we have a chance of a turnaround, the Euro and the Dollar are both near their corrective levels. We were indeed oversold on the euro at 1.25 Zone, there had to be a short squeeze coming, when FX IMM currency bets were at the highest against the euro. The squeeze is here guys and think its near about done. Lets see if 1.3225 holds or not. I feel todays 1.3180 was about it, and we turn from around these levels.

Dow has given back most of its gains and its trading near its lows. It may break down into the close. if it does, maybe this could be the first leg down for the top.

Alternatively we may only top somewhere around March 2012. Lets see how this trade plays out. Taking a long stand on the USDCHF.

Break lower on the Dow, will take a short on the march dow or get some puts.

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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

Our House soap and toothpaste is finished i…

Our House soap and toothpaste is finished, i only realized this, when i had to look, only taking shower now, whole day in front of the screen watching, haven't slept for almost 24 hours.

What was i watching?, two things. For one i missed out the trade on USDCHF, i entered to long at the wrong price, saw it move against me by a distance, and since i was so so away from the recent lows, that made me upset.

My judgement to catch that move from the recent low was missed by me, by a distance. This is an uncertain situation. All of my Long dollars positions in the month of {Dec2011} gave me a 25% return on equity within a month. I realize that i am good trader, maybe better than an ALGO bot. I am trading the US markets, after a long break of 2 years plus. I stopped at the 2009 lows. The strategy then, was to long at the lows.

Anyways, back to the day, so the story actually was about the soap and toothpaste. As i said, i just realized this evening, exhausted and still adrenaline pumped. I also couldn't sleep.

I need to find a way to get back long dollars on the swiss, this trade is headed higher, possibly the dollar could hit much higher highs, as we closed the year on a higher note for the dollar. The stock market is rallying, in an next to impossible environment, its hard for the stock market to move higher with a stronger dollar, since it hurts growth, exports and various parts of the economy.

So since i am expecting a higher dollar and lower stock market, i need to sit up, to find a nice entry short on the ES/YM, and i am also concerned, if this market turns around and i am right, it might be big trouble for India, China, and possibly even Europe. The higher dollar is inflationary for the world.

It also concerns me when I see, Stocks in India, Hong Kong, Singapore, and China are sitting on some significant low levels. A higher dollar, a declining stock market, will indeed become a disaster, and its also inflationary.

On this higher dollar trade, I am expecting USDJPY to clear 78.20 resistant, and head towards 80.23 as in step one of the upmove. The next higher leg of USDCHF is targetted towards 0.9728 region.

these are my regrets of this day.

4Jan/12Off

Eur Below 1.30 handle stops hit EURO slips…

Eur Below 1.30 handle, stops hit. EURO slips 1.2967. ES/YM flirting with pivotal 1270/12300 levels.

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4Jan/12Off

Stops Triggered USDCHF YM ES Another bounce is…

Stops Triggered USDCHF. YM.ES. Another bounce is underway. May attempt recent highs.

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