Swing Trades DAX/DOW/NQ/GOLD

DOW sell orders waiting @ +1.25% <> +1.5% zone

Stilll to strong to short now.

DOW CFD Swing Long 27.900 started outside my Swing channel (as explained thoroughly in previous posts)
T1 +65p 5 lot
3 runners left/SL BE
1 lot closed +85p
2 runners
1 lot closed +90p
1 runner left

I expect a pull back again to fill Todays TPO GAP (maybe/likely not Today)

DAX Short again
T2 +18/19p 1 lot
1 runner left/SL BE
FLAT BE last lot

DAX is waiting for the DOW @ +0.5% now. DOW @ +1.0% now waiting for new (to) late buyers

Can the DOW lift to 28K & +1.5% ??? (140p to +1.5%)

Attachment g

Thank you very much for the very detailed answer. Happy trading!

Wk TPO GAP almost filled.

80% of the times they leave a little "rest" GAP open (to fill later)

10 more p to hit the 28K

Markets look ready for the finals this year.

Monthly TPO chart

Price on the buy side,

BUT

I think we are going to wait if the tariff man will lift new tariffs on Chinese products by the 15th or not.

That could be an unpleasant X Mass gift. On the other hand, it looks the markets are used to the tariffs/trade war it looks.

Still CFD Long running on the DOW from Dec 6th.

DOW CFD Swing Long 27.900 started outside my Swing channel (as explained thoroughly in previous posts)
T1 +65p 5 lot
3 runners left/SL BE
1 lot closed +85p
2 runners
1 lot closed +90p
1 runner left

Weekly Charts

Daily TPO charts

DOW Scalp chart

T1 +15/16p 2 lot
2 runners. SL BE now
1 closed +11p
1 runner left/SL BE
FLAT BE last lot

Added 2 lot @ 28.010 and sold them +10/11p
1 initial lot running

UP trgts:
28.100/+0.25% zone
28.150/+0.50% zone

Down trgt 27.770 Fridays ETH TPO pocket

DOW is testing the 28K zone

DAX testing the 13.150 zone

Down trgts
13.135/-0.25% zone
13.100/-0.50% zone

Up trgt
13.200/+0.25%
13.250/+0.50% zone

What Trump does before trade deadline is the ‘wild card’ that will drive markets in the week ahead.

 

1. The trade countdown is on, and it’s up to the Trump administration to decide whether to slap new tariffs on China or extend its Dec. 15 deadline if it still has no trade agreement.
2. Markets could be rocked by the outcome if it is not what most strategists expect — an extension of the deadline as talks continue.
3. But strategists also note President Trump is often unpredictable and he could take an unexpected action.
4. The Fed is also important in the week ahead, though it is not expected to take any interest rate action on Wednesday
5. https://www.cnbc.com/2019/12/06/what...eek-ahead.html

DAX L 161

T1 +10/11p
2 runners left

FLAT -10p last 2 lot

BE trade
Above 155/160 maybe long again


No direction/conviction in the markets

DOW

Long above 28.020 zone for 28.150 > 28.200

Short below 27.960 > 950 for Fridays TPO GAP filling down to 27.800 > 27.770

DAX Sh 148
T1 +10p 3 lot
1 runner/SL BE zone @ 155/RTH POC
SL @ 150 now
Closed BE last lot

Tested -0.25%

Back lunch time. Better things to do now

DAX L again @ 13.152 @ the RTH POC
T1 +11p 2 lot
T2 +13p 2 lot
2 runners/SL BE zone
FLAT BE last 2 lot

DOW L 27.995
T1 +14p 3 lot
2 lot closed +9p
1 runner left/SL BE zone
FLAT -5p last lot

Price popped above the Todays ETH POC again

Fridays close @ 28.015

Still possible the DOW drops to fill the Friday TPO GAP down to 27.800 zone

Low Volume in all markets. Noo direction

Likely no DAX trades anymore Today.
Maybe if a break out happens above Todays high or Todays low
Price on the buy side of my Swing lines and Ichi cloud, but waiting for an US move now.

DAX in a roll over period now.

Stocks are at risk of a 10% drop, strategist says

While stocks could fall as much as 10% if the United States and China are unable to reach a trade deal by a Dec. 15 tariff deadline, health-care stocks are poised to rally regardless of what happens, says Matt Maley, chief market strategist at Miller Tabak.

“The Number 1 thing that would really hurt the market and knock it down 10% would be that we get no deal and they do raise the tariffs on December 15th. That’s a low probability — I even put that below 20% — but people do need to keep that out there and consider it,”

With the market pricing in not just a pause in tariffs, but a rollback, Maley said the risks were still brewing. He warned that stocks could pull back by 4-6% even if the Dec. 15 round of tariffs were postponed instead of canceled.

https://www.cnbc.com/2019/12/05/stoc...aboolainternal

Don't forget what happened at the end of last Year

EMA line gathered and completely FLAT!
Just scalping

T1 +11p 2 lot
2 runners/SL BE zone
T2 +15p 1 lot
1 runner
FLAT BE last lot

At Friday close now

Slowest Swing line also flat on the DOW and the faster Swing MA line is also gathering with the Slow Swing line. Not good. Jumps in both directions