Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
dow at 21920 now...that is rez
Trading with point and figure
- Thread starter Dentalfloss
- Start date
- Watchers 90
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
Dax in our 12400 mega rez
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
Lets see how it fairs
Last edited:
Moneylender
Legendary member
- Messages
- 5,693
- Likes
- 369
Morning boss
Bit of a rally going on I see, will it last?
Bit of a rally going on I see, will it last?
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
Mornin Guvner
Moneylender
Legendary member
- Messages
- 5,693
- Likes
- 369
Moneylender
Legendary member
- Messages
- 5,693
- Likes
- 369
The overnight rise caused by the unwinding of hedge positions, I can relate to that!
C
cantagril
Morning all!
Finally sorted out my W10/BEB reinstall. Seems to be working alright.
Missed that 400 short....again:whistling
I'll try and get to school on time and maybe not look out of the window so much.
Finally sorted out my W10/BEB reinstall. Seems to be working alright.
Missed that 400 short....again:whistling
I'll try and get to school on time and maybe not look out of the window so much.
Moneylender
Legendary member
- Messages
- 5,693
- Likes
- 369
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
- Tracking Hurricane Irma, while digesting China CPI and PPI, though PBOC
moves to ease FX curbs more likely to be the talking point; Japan Orders,
Norway CPI & election, and initial UK parliament debate on Brexit repeal
bill the other focal points
- Week Ahead: China, UK and US inflation data dominate along with US Retail
Sales, Australia Unemployment and India CPI
- Week Ahead: BoE and SNB both seen holding policy, Bank Rossi set for
more aggressive rate cut in response to low inflation and strong RUB
- Week Ahead: US dominates busier week for govt bond supply
- Week Ahead: Quarterly equity futures and options expiry ends the week
- Week Ahead: monthly oil market reports to provide focal point for
oil traders attempting to dissect implications of supply disruptions
..........................................................................
********************
** EVENTS PREVIEW **
********************
Weekend and overnight news and statistics will likely prove to be the key factors in today's trading, as the path of destruction being wreaked by Hurricane Iran is closely monitored. China's higher than expected PPI and CPI kick off a week that is dominated by inflation readings from the UK and the USA in statistical terms. However it may be the Chinese authorities moves to roll back some of the measures were introduced to curb outflows and halt last year's CNY slide that proves to be the key talking point. It should be reiterated that the rise in the CNY vs the USD has primarily been a function of USD weakness, and that in broader terms the CNY has continued to lose ground vs EUR and the JPY. Be that as it may, better than expected Japanese Machine Orders offer some hope that a very poor H1 outturn for Orders will morph into a more encouraging profile in H2. The just published and much weaker than expected Norwegian CPI suggest that Norges Bank will be in no hurry to remove monetary accommodation, and indeed may spark speculation of further easing, but inevitably that will play second fiddle to today's knife edge general election result, which in turn may have an influence on govt housing measures.
Updated: The Week Ahead - Bullet point highlights: 11 to 15 September 2017
- As is typical for this week of the month, the statistical schedule will be dominated by China, the US and the UK, while major central bank policy meetings occur in the UK and Switzerland. A busier week for govt bond supply is accompanied by a modest week for earnings. While politics, domestic and international, will continue to cast a long shadow as it has done for a protracted period, with the first vote on the UK's Brexit repeal bill and the final fortnight of the German election campaign providing focal points. The scale of the devastation from the hurricanes in the USA and Caribbean will also be very closely monitored, and it is also monthly oil market reports week (OPEC, EIA and IEA), while equity markets look to quarterly futures and options expiry.
- Statistically the weekend brings Chinese CPI and CPI ahead of monetary aggregates, Retail Sales, Industrial Production and FAI. For the UK the gamut of UK inflation data (CPI, RPI, PPI and House Prices) is accompanied by Unemployment, Average Earnings and RICS House Prices, while the US has Retail Sales, PPI & CPI, Industrial Production and Michigan Sentiment. Elsewhere Japan Private Machinery Orders kick off the new week, and Australian Unemployment and Indian CPI also feature. UK inflation measures are expected to tick up across the board, in part due to adverse base effects, but also as pipeline pressures continue to feed through, with CPI see up 0.5% m/m 2.8% y/y vs. July's 2.6%, and RPI and PPI Input also seen rising. US CPI is also seen pushing back higher, with headline seen up 0.3% m/m headline and 0.2% core, though y/y readings are expected to diverge from 1.7% on both measures in July, up to 1.8% y/y headline, but down to 1.6% y/y core. UK Average Earnings are also expected to continue to recover, with headline seen at 2.3% y/y vs. a prior reading of 2.1%, while ex-Bonus earnings seen at 2.2% vs. 2.1%, clearly an improvement on the weak trend seen through much of H1, but certainly not putting any material pressure to ease back on its current very generous level of monetary accommodation.
- Neither the SNB nor the Bank of England are expected to alter policy settings this week, and the UK MPC vote is also seen unchanged at 7-2. A sharp rise in the RUB in recent weeks, along with a every benign pace of inflation is expected to see Russia's Bank Rossi make a bolder 50 bps rate cut to 8.50%, while rates in Chile, Peru & Turkey are seen unchanged, with last week's 100 bps in Brazil also leaving Russian rates as the highest in nominal and real terms among major EM central banks.
from Marc Ostwald
moves to ease FX curbs more likely to be the talking point; Japan Orders,
Norway CPI & election, and initial UK parliament debate on Brexit repeal
bill the other focal points
- Week Ahead: China, UK and US inflation data dominate along with US Retail
Sales, Australia Unemployment and India CPI
- Week Ahead: BoE and SNB both seen holding policy, Bank Rossi set for
more aggressive rate cut in response to low inflation and strong RUB
- Week Ahead: US dominates busier week for govt bond supply
- Week Ahead: Quarterly equity futures and options expiry ends the week
- Week Ahead: monthly oil market reports to provide focal point for
oil traders attempting to dissect implications of supply disruptions
..........................................................................
********************
** EVENTS PREVIEW **
********************
Weekend and overnight news and statistics will likely prove to be the key factors in today's trading, as the path of destruction being wreaked by Hurricane Iran is closely monitored. China's higher than expected PPI and CPI kick off a week that is dominated by inflation readings from the UK and the USA in statistical terms. However it may be the Chinese authorities moves to roll back some of the measures were introduced to curb outflows and halt last year's CNY slide that proves to be the key talking point. It should be reiterated that the rise in the CNY vs the USD has primarily been a function of USD weakness, and that in broader terms the CNY has continued to lose ground vs EUR and the JPY. Be that as it may, better than expected Japanese Machine Orders offer some hope that a very poor H1 outturn for Orders will morph into a more encouraging profile in H2. The just published and much weaker than expected Norwegian CPI suggest that Norges Bank will be in no hurry to remove monetary accommodation, and indeed may spark speculation of further easing, but inevitably that will play second fiddle to today's knife edge general election result, which in turn may have an influence on govt housing measures.
Updated: The Week Ahead - Bullet point highlights: 11 to 15 September 2017
- As is typical for this week of the month, the statistical schedule will be dominated by China, the US and the UK, while major central bank policy meetings occur in the UK and Switzerland. A busier week for govt bond supply is accompanied by a modest week for earnings. While politics, domestic and international, will continue to cast a long shadow as it has done for a protracted period, with the first vote on the UK's Brexit repeal bill and the final fortnight of the German election campaign providing focal points. The scale of the devastation from the hurricanes in the USA and Caribbean will also be very closely monitored, and it is also monthly oil market reports week (OPEC, EIA and IEA), while equity markets look to quarterly futures and options expiry.
- Statistically the weekend brings Chinese CPI and CPI ahead of monetary aggregates, Retail Sales, Industrial Production and FAI. For the UK the gamut of UK inflation data (CPI, RPI, PPI and House Prices) is accompanied by Unemployment, Average Earnings and RICS House Prices, while the US has Retail Sales, PPI & CPI, Industrial Production and Michigan Sentiment. Elsewhere Japan Private Machinery Orders kick off the new week, and Australian Unemployment and Indian CPI also feature. UK inflation measures are expected to tick up across the board, in part due to adverse base effects, but also as pipeline pressures continue to feed through, with CPI see up 0.5% m/m 2.8% y/y vs. July's 2.6%, and RPI and PPI Input also seen rising. US CPI is also seen pushing back higher, with headline seen up 0.3% m/m headline and 0.2% core, though y/y readings are expected to diverge from 1.7% on both measures in July, up to 1.8% y/y headline, but down to 1.6% y/y core. UK Average Earnings are also expected to continue to recover, with headline seen at 2.3% y/y vs. a prior reading of 2.1%, while ex-Bonus earnings seen at 2.2% vs. 2.1%, clearly an improvement on the weak trend seen through much of H1, but certainly not putting any material pressure to ease back on its current very generous level of monetary accommodation.
- Neither the SNB nor the Bank of England are expected to alter policy settings this week, and the UK MPC vote is also seen unchanged at 7-2. A sharp rise in the RUB in recent weeks, along with a every benign pace of inflation is expected to see Russia's Bank Rossi make a bolder 50 bps rate cut to 8.50%, while rates in Chile, Peru & Turkey are seen unchanged, with last week's 100 bps in Brazil also leaving Russian rates as the highest in nominal and real terms among major EM central banks.
from Marc Ostwald
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
12400 now a minor pivot
C
cantagril
Too true...but you and Dentist provide such a good service that any charts I do are for decorative purposes only
Anyway, as you wish, here attached is something to brighten up the living room:
Dax 15m 20 x 3 DHL
12400 - 12500 busy.... with 480 the next leg up?
Attachments
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
12410 for a P/D
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
12432 on the cards
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
yu was in too early
12400 became a pivot
minor uptrend on 1 min never broke
dont call levels...........
Moneylender
Legendary member
- Messages
- 5,693
- Likes
- 369
Pumped off 12410!
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
Canta...yur 12.5K...possibly soon...maybe today
Dentalfloss
Legendary member
- Messages
- 63,404
- Likes
- 3,726
our 12432...first supp area
