counter_violent
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Anyway I'm stopped out so thats +70 for me and I'm done.
Have a good one gents, a bank holiday AND sunshine 'Summits out o wack'.
Ah here we go!
Donut Draghi next
That should do it.
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Coming up later we'll have European Central Bank (ECB) boss Mario Draghi's speech from Jackson Hole.
However, it seems anyone hoping for clues as to when the ECB will start easing back further on its 60bn euro (£55bn) a month economic stimulus programme - and shifting into "hawkish" mode - is likely to be disappointed.
Still to come is Mario Draghi’s own Jackson Hole speech, though like Yellen’s it is expected to be light on the kind of details investors are clamouring for. The ECB has let out plenty of hints suggesting Draghi isn’t going to announce anything resembling a hawkish shift during his evening talk, though it isn’t hard to imagine the markets being disappointed regardless.
counter_violent
Legendary member
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- 12,636
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- 3,780
Better late than never.
Lovely execution......bottom pip before the close
:clap::smart::-0Attachments
joseph1986
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2690 s&p 500 within the next 12 months
third time I'm saying this....meanwhile 30 billion dollars pulled out of markets.
third time I'm saying this....meanwhile 30 billion dollars pulled out of markets.
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postman
Ah here we go!
Donut Draghi next
That should do it.
----------------------------------------------------------------------------------------------------
Coming up later we'll have European Central Bank (ECB) boss Mario Draghi's speech from Jackson Hole.
However, it seems anyone hoping for clues as to when the ECB will start easing back further on its 60bn euro (£55bn) a month economic stimulus programme - and shifting into "hawkish" mode - is likely to be disappointed.
Still to come is Mario Draghi’s own Jackson Hole speech, though like Yellen’s it is expected to be light on the kind of details investors are clamouring for. The ECB has let out plenty of hints suggesting Draghi isn’t going to announce anything resembling a hawkish shift during his evening talk, though it isn’t hard to imagine the markets being disappointed regardless.
Well he didnt say much, and that says a lot! When Draghi stops telling you its Jam tomorrow then you have to worry.
Dax on a collision course with its 200 day ma
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postman
...
Dax on a collision course with its 200 day ma
Which by 'pure coincidence' just happens to be slightly above 12,000 !
What are the odds? #notRiggedAtAllHonestly :whistling
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postman
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postman
How useful is an M3 figure when people start buying bitcoin?
Not very.
Not very.
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postman
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postman
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Dowser
I'd like to see it above 21800 before I buy
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postman
Its there right now.
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postman
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postman
Any risk averse trader might close at 21821. The r/r from here to 21835 isnt worth it IMO.
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Dowser
Early days yet. I've got 21835 marked, I think this is the most important level today. I'll be watching how strong selling is from here
what do you use to determine strength of selling?
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postman
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postman
Its hard to believe the dow is a mere 340 point below its all time high.
Somethings going to give.
Somethings going to give.
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Dowser
If you'd sold at this area last time, you would have netted about 70 points max, anything less this time and I'd say the bulls had the edge. Time is a factor obviously, so I'd also look at H1 candles to indicate selling was over eg. a Doji, Inside bar etc.
If the price just busts through as it appears then this suggests the bulls are in charge and the level may become a pivot
