Short DAX at 7740

What is your tolerance on this trade?

 

Large disconnect. This will end badly for equities in the next couple of days. Currencies are usually precursor...

 

Oh, we´re watching here inter-market correlations all day long. Usually, we have a whole bunch of indicators ( or how would quants say : "factors" ) that we are watching...

One of the factors tells us that EUR/USD above 1.41000 is not good for the European export industry at all.

81.16 USD/JPY is even worse for the Japanese export industry. :eek:

So, JPY + EUR strength = not good at all...so we "THINK"

 

I think 6479.00 should be sort of "strong sell" or so...

 

Lot of interventions in-front of us.
EUR has scope to go above 1.41.
JPY, well, stock market is breaking 20 day MA at 9700.
I do not know how this is going to be resolved but maybe it is turn around in fx.


btw. I wish I stayed overnight in that USD/CHF short from .9625.

 

do you see that shape of the 1min chart ?
The same was after NFP.

 

short @6484 target 6300 in next 3 days
stop 6560

also short some gold at 1385 and AUD at 99.10

these are macro trades with year end target

 

Do we have enough trend followers on board ? Yes ? Time for sell off.

 

Last print 6491.00. Exit rest calls. Unbelievable 479 % profit. LOL !

 

well done!