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Great August Short #2 is here or coming soon....


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#1 dTraderB

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Posted 07 August 2019 - 07:08 PM

Only the FED can prevent another great August Short, #2 so far this month, and this one could be even bigger than the first. 

 

This will be invalidated if the FED comes in early to the rate table with a cut and/or starts QE (not wimpish QE but the real thing)

or if there is "good news" on the Chins Trade talks. 

 

If there is none of the above then get ready for another profitable SHORT trade at these levels or higher. 

 

More trash talk as the trading world awaits the YUAN FIX less than an hour from now:

 

Washington's repeated bullying has made it meaningless to continue trade talks in short run. China is mobilizing internally to fight firmly with the US, and all official media is participating in the mobilization. China and the US are caught in a stalemate worse than last round.

9:15 AM - 7 Aug 2019

 



#2 dTraderB

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Posted 07 August 2019 - 07:09 PM

OTH, 

SentimenTraderVerified account @sentimentrader
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This would be the 7th time since the end of the financial crisis that the Nasdaq reversed at least a 1.5% intraday loss, dipping below its lowest close of the past couple of months. All 6 of the others rallied at least 3% over the next couple of weeks.

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11:52 AM - 7 Aug 2019


#3 dTraderB

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Posted 07 August 2019 - 07:10 PM

zerohedge @zerohedge
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Every time the 30Y yield moved by 40+ bps in 5 days something very major happened.

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4:52 PM - 7 Aug 2019


#4 dTraderB

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Posted 07 August 2019 - 07:50 PM

No way! If China sets YUAN fix above 7 then markets will crash, globally

 

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CNY fixing expected at 7.0205 per Reuters

5:40 PM - 7 Aug 2019

 



#5 .Blizzard

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Posted 08 August 2019 - 05:22 AM

No way! If China sets YUAN fix above 7 then markets will crash, globally

 

zerohedge @zerohedge
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CNY fixing expected at 7.0205 per Reuters

5:40 PM - 7 Aug 2019

 

 

Why?

 

 

 
 
 


 
 
 


#6 dTraderB

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Posted 08 August 2019 - 06:55 AM

 

No way! If China sets YUAN fix above 7 then markets will crash, globally

 

zerohedge‏ @zerohedge
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CNY fixing expected at 7.0205 per Reuters

5:40 PM - 7 Aug 2019

 

 

Why?

 

 

a trend of YUAN fixes above 7 tells us the Chinese are determined to depreciate and continue to weaponize the yuan.



#7 dTraderB

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Posted 08 August 2019 - 06:57 AM

CHAOS? no, these are great times to daytrade or ST trade 

big moves, volatility, range expansion, that is not CHAOS

it is a trader's dream

 

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Trump, Powell, and China are causing a chaos cycle in the markets https://bloom.bg/2yXiysR  via @BW



#8 dTraderB

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Posted 08 August 2019 - 06:59 AM

Holger Zschaepitz @Schuldensuehner
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Asset Managers w/ $74tn on brink of historic shakeout. Shift to passive leads to a displacement competition where only the strongest will survive. Entire industry has been caught flat-footed. https://www.bloomberg.com/graphics/2019-asset-management-in-decline/ 

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2:41 AM - 8 Aug 2019


#9 dTraderB

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Posted 08 August 2019 - 07:00 AM

an incredible few months in the global bond market, it will not end well

 

Holger Zschaepitz @Schuldensuehner
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This might be the bond market’s Dot-Com Moment as prices of Long-Term govt bonds went ballistic. https://www.bloomberg.com/opinion/articles/2019-08-08/this-might-be-the-bond-market-s-dot-com-moment 

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11:20 PM - 7 Aug 2019


#10 dTraderB

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Posted 08 August 2019 - 07:08 AM

Daytrading or ST trading takes years to develop to the point where it can be profitable; also have separate daytrading and LT portfolio accounts. 

I also have a risk portfolio that also serves as a partial or temporary hedge - trade mainly QQQ options, VXX, and other options/ETFs

 

rWZtnv97_bigger.jpgAlamentarius @alamentarius
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Replying to @michaelbatnick

Day trading is very profitable for 1%. Kind of like the 1% that bang the hottest models. Winning is hard, otherwise everyone could do it. It's a skill based strategy, but most cant do it. In any case, I recommend people create a separate account vs Long term holdings

4:30 AM - 8 Aug 2019