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DbPhoenix

Trading the SLA/AMT Intraday

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Not a particularly difficult range to locate: 10pts from 34 to 44, with a mean at 39.

 

Now one has to decide exactly what he's going to do when price exits one side or the other: where he's going to buy or short, what criteria he's going to use to determine whether or not the trade is doing what's expected, how long he's going to give the trade to show its hand, how fast and according to what criteria he's going to bail, how soon he's going to put a stop at BE if the trade works out and if he's going to place a stop at all, and so on.

 

0932: I should also point out that the 50% level of this upmove is at 20.

 

0936: A fundamental decision which must be made which I believe we've already addressed is whether one wants to trade the range, or try to, or wait until price exits the range.

 

Frightening how exact the call was...

 

But to really trading the range - even it is wide enough - one has to enter nearly at the extremes without "confirmation"?

 

Yep. But that's what makes reversals challenging.

 

1003: Not difficult to "make calls" if one has done the prep.

 

1007: It seems to be marginal, but why did you chose 44 as the upper limit as the PDH was 45 and the overnight high was 43?

 

Eyeballed it. Exactitude isn't absolutely necessary. The point is to know what a range looks like. The market will tell you eventually what the exact range is.

 

1022: So as the short is underway now. One could switch to the 5M, watch the right tick and wait for 20...? :)

 

Depends on your stop. Price never really gained any traction.

 

1042: True, 30 was obviously it for now. And the stop was hit at BE 37.50 - without proper trade management I would like to add. But 30 was the low of my 15M range...so... What I ask myself by plotting these ranges: If one sees that a potential midpoint has been meaningful before, can one use it to find the "right" extremes? Does this makes sense?

 

This is something that has to be determined by the individual. I don't want people trading the way I trade since everyone's risk tolerance is different.

 

To begin:

 

1. What is your entry trigger going to be? How far away from the range bottom or last swing low is it going to be? How far does it have to be in order to ensure that there is actual intent of a move down and not just a little tick burp?

 

2. What is your stop going to be, whether hard or mental? How much recoil are you willing to tolerate before it becomes clear that the trade is no good?

 

3. If the trade does appear to be working, how far does it have to go before you can think about BE and relax into management mode?

 

All this can be tested and has to be tested in order for you to be able to relax. How many? 50 or 100, however many it takes so that you have something in which you have confidence. It takes no time at all to do this. A couple of evenings maybe.

 

Add: When you do the reviews, you'll find little "tells" that telegraph intent. For example, when price dropped out of the range, it futzed around for three minutes. This is not unusual since so many are surprised by the move. And then it resumed the downmove. However, it then stopped again and began to retrace its steps. This is not good and should not happen. If the move is genuine, all the thinking should have been finished. That it isn't suggests that traders aren't as committed to the downside as one might have thought. And for whatever reason, they decided to return to the "value area".

 

Thanks a lot DB. Due to whatever reasons I use to get distracted and stuck in the testing process. So thanks again for showing the path.

 

What you mentioned in terms of the breakout of the range is noted. Very good. I suppose that it can be viewed in the same context as one wants to buyers to be eager to pay the ask or here the other way around - a clean and fast move at the end.

Edited by timokrates

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Not a particularly difficult range to locate: 10pts from 34 to 44, with a mean at 39.

 

Not to split hairs, but I was seeing 43 as the upper range (from around 1945), not 44. Did you take the differential from the EOD high and the overnight high and combine them?

 

It's not a huge difference - I was just wondering if I'm seeing something incorrectly. Thanks.

 

Edit - hadn't seen timokrates question and Db's response. Thanks!

 

see above

Edited by gears

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Hi Db, I know I am in the observation phase but I fell in the temptation to trade today and I found it very interesting. I would like to know your opinion regarding the next chart. Especially the point 3

 

5aa7123c6ac9c_NQ03-15(1Min)23_02_2015.thumb.png.1dc5aac44743ee36fe8604cc42ce0c43.png

 

http://www.traderslaboratory.com/forums/attachment.php?attachmentid=39047&stc=1&d=1424708838

 

 

 

Sorry Db is my first time posting here I think I posted twice ... sorry :doh:

 

Well, here we get into personal preference again, not dogma. I prefer not to take trades that are re-entering the range because they tend not to have much going for them, and I don't like scalping, However, this is something you'll have to test then decide whether or not to pursue it. It's easy enough to test.

 

 

Ok Db, thanks for your point of view

Edited by lajax

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Hi Db, I know I am in the observation phase but I fell in the temptation to trade today :) and I found it very interesting. I would like to know your opinion regarding the next chart. Especially the point 3

 

5aa7123c705bc_NQ03-15(1Min)23_02_2015.thumb.png.fc61a3569ad903b61868dd6b2dde0bc8.png

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All this can be tested and has to be tested in order for you to be able to relax. How many? 50 or 100, however many it takes so that you have something in which you have confidence. It takes no time at all to do this. A couple of evenings maybe.

 

Add: When you do the reviews, you'll find little "tells" that telegraph intent. For example, when price dropped out of the range, it futzed around for three minutes. This is not unusual since so many are surprised by the move. And then it resumed the downmove. However, it then stopped again and began to retrace its steps. This is not good and should not happen. If the move is genuine, all the thinking should have been finished. That it isn't suggests that traders aren't as committed to the downside as one might have thought. And for whatever reason, they decided to return to the "value area".

 

 

That is from DbPhoenix, and I didn't want it to get lost in the body of timokrates post.

 

FWIW - price needed two hinges to get back to the top of that range. When a hinge forms near a limit, and the breakout from the hinge does not carry through the limit, I look the other way. You can test that too.

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Price touched the previous day high, and bounced back to the pre-market low. It was good for a scalp, but the key is to take your profits quickly at the pre-determined levels, and not get greedy.

 

Price bounced back up from the pre-market low, and testing the mean, as I type.

 

Schaefer

02232015-5.PNG.2a3109b9770b2f7ed188a125e6a2804b.PNG

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And yet again, price pierced the pre-market low, and bounced all the way back up, to the pre-market high. So, all one has to do is watch how price behaves around the pre-determined levels, then look for the "right tick", as DB would put it, and take the trade. Well, in my case, that would be, "right candle stick", as I use lower time frame candle sticks to initiate the trades.

 

Schaefer

02232015-6.PNG.65aa0d0bc19317314e0ac74b5359922e.PNG

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And with the closing of the last 15 minute candle, the trading day is over. Price broke through the previous day high, however, I did not know in advance, that the price would do that, so I had my profit target at 44, and that's where I got out for the range play. I may be wrong, but I always assume, that the price would bounce in a range, until it actually breaks through the levels with authority.

 

Schaefer

02232015-7.PNG.696fd32cd129e9f2b7e8dec6eb023ffa.PNG

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In order to keep these threads as short as possible while enabling posters to post as much as they like, I should point out that TL provides a very long "open" time. I don't know exactly how long, but apparently it lasts at least as long as the session. So rather than begin a new post for each additional comment, one can just add to whatever he's already posted.

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0905: Here is my PM chart:

39057d1424786735-trading-sla-amt-intraday-week-2-2015-02-24-nq-pm-0904h.png

 

0945: NQ broke 50% of the opening DT, and is approaching the mean of PD range.

39067d1424789192-trading-sla-amt-intraday-week-2-2015-02-24-nq-0945h.png

 

0949: Since NQ is above both 50% just now, my view is that buying pressure is stronger than selling pressure..

 

0952: Looks like the Open is of importance too..

39068d1424789615-trading-sla-amt-intraday-week-2-2015-02-24-nq-0952h.png

 

0958: I thought there might be a hinge forming, but I was wrong.

 

1010: Wonder how would NQ respond at the orange?

1012: It bounced off ONL and 50% of PD range again.

39071d1424790690-trading-sla-amt-intraday-week-2-2015-02-24-nq-1010.png

 

1020: Wonder what price is going to do?

39073d1424791248-trading-sla-amt-intraday-week-2-2015-02-24-nq-1020h.png

 

1022: Since NQ is approaching the Open.. went pass it.. buying pressure is exceeding selling pressure again..

 

1044: As Gamera has mentioned, that 50% is holding as support..

39075d1424792677-trading-sla-amt-intraday-week-2-2015-02-24-nq-1043h.png

 

1101: Wonder if a hinge is forming?

39076d1424793662-trading-sla-amt-intraday-week-2-2015-02-24-nq-1100h.png

 

1109: NQ has broken up and approaching ONH and PDH. How will it react to those pivots?

 

1116: An interesting observation.. based on what Gamera suggested yest and what Db had mentioned before, either in ET or TL..

39077d1424794628-trading-sla-amt-intraday-week-2-2015-02-24-nq-1116h.png

 

1140: Will PDH and ONH hold as support?

39079d1424796030-trading-sla-amt-intraday-week-2-2015-02-24-nq-1139h.png

 

1156: Wonder if NQ would test the 50% PM range?

Adios Db, Gamera and all, see you guys tomorrow..

2015-02-24-NQ-PM-0904h.thumb.png.2819c4ab68ada603722302d6aa49ce78.png

2015-02-24-NQ-0945h.thumb.png.26bd4481ba504c3fbf27ef32898d6e04.png

2015-02-24-NQ-0952h.thumb.png.a8906adcbbe713341316cc817cfbd0c3.png

2015-02-24-NQ-1010.thumb.png.cd39a273200e9b417953b5916b481416.png

2015-02-24-NQ-1020h.thumb.png.94550d264789e1a7437a1362a22a2b01.png

2015-02-24-NQ-1043h.thumb.png.d14ae4f9d87d34e64e533bd32962725f.png

2015-02-24-NQ-1100h.thumb.png.a0040886e7f16a7e690fee1a3989599a.png

2015-02-24-NQ-1116h.thumb.png.79476731126c42e2c8d29f3e82d28323.png

2015-02-24-NQ-1139h.thumb.png.de64743e36a4871ea41b4784091b6119.png

Edited by fourtiwinks

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Here are mine...

 

23 is the halfway point underneath...

 

Spend a long night with ranges and potential entries.

Very inspiring. Did not generate a whole plan. But...well...we'll see. :)

 

Happy to be here and learn.

 

In general I seem to suffer the Kelly Bundy syndrom. For every information that gets in another one is leaving the brain...:roll eyes:

range_240215.thumb.jpg.5fab5ead1b17712a047bf5444679c922.jpg

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Looks like we might open inside yesterdays range.

 

09:33 Price breaks below the PM low and MP of the rally going into yesterdays close.

 

09:36 Price is pushing on previous days low.

 

09:39 Price dropped close to yesterdays afternoon low put in a ret that was confirmed but has failed to follow through so far.

 

09:42 40 is a PM DB and MP of yesterdays afternoon rally, might choke if price gets there.

 

09:50 Price is putting in a ret on the MP.

 

09:51 Confirmed.

 

09:52 Previous days range top is in the 43-44 area.

 

09:53 Price dropping off, and back below that 50% area, watching for a DT at lows.

 

10:01 Possible breakdown unde rway, watch for a possible ret.

 

10:02 The BO failed to follow through and price came back in to the range.

 

10:08 Price tagged the opening low which is the range low and has failed to break lower, this also created a HL, the previous swing high at 41 may prove to be tricky.

 

10:11 Price might make a range top on this area in the short term.

 

10:17 LH and making our way back to the lower extreme.

 

10:28 Price pushed higher, next level on the upside is previous days high.

 

10:37 Price broke above the 50% area and has retraced back to it where it now seems to be acting as support.

 

10:48 Upper extreme of range is around 49, if we take in the the failed breakdown as a movement from the mean it puts the top around 54.

 

10:55 Price is struggling at 45 which was fridays PDH and yesterday range top.

 

10:56 Price making a small range for itself 40-46.

 

11:09 Price now approaching the upper range.

 

11:10 Tagged the ONH, stopped 2 ticks shy of PDH.

 

11:12 Price breaking to ATH, see if it follows through.

 

11:16 Not exactly looking like a BO thus far.

 

11:26 Price has made a push at the projected range top and so far seems to be failing.

 

11:31 Price pushes past projection, wondering if we are going into an afternoon grind now.

 

11:38 Price has dropped off, on the down move we might choke on the PDH.

 

11:50 48 on the downside really not giving up at the minute.

 

12:01 Back in range.

 

12:03 Price might ret back to 48, this is just a test of supply.

 

12:11 We have tested the upper part again at 48, price seems to be holding in this area, we will have to wait and see if it breaks higher or drops into range again.

 

12:16 Price did not make it too far to the upside before dropping back into the range.

 

12:20 Price seems hesitant to move to the downside, pushes a little lower then retraces.

 

12:29 Have to go, back in 30.

 

12:32 Nice drop past the MP, I'm gone this time.

 

13:13 Back in action. Price is still in range but failed to push to the lower extreme, after a couple of pushes of the mp price broke higher and seems to be heading back to the upper extreme.

 

13:23 Not a whole lot to do until price gets to an extreme.

 

13:37 Price has made it back to 48, this is the earlier range top, whilst the breakdown to 27 and the breakout to 55 represent possible range expansion, I wonder if these merely represent failures of price to move beyond this tighter range.

 

13:40 Should we still respect 48 as the range top?

 

13:59 Whilst price broke a little higher it is back below 48.

 

14:08 Price makes a lower high then drops back into range.

 

14:14 And we move back out again.

 

14:15 Price seems to be chewing up this area at the minute.

 

14:20 Range at 48 2 up 2 down.

 

15:03 Price has moved to the upside of this small range but is not following through with much fanfare.

 

15:09 We could be building up to a double top.

 

15:29 Could this be a DT, or will price continue to grind higher, the behaviour in the lead up might suggest the latter.

 

15:36 Initially price seems to be dropping off but it is a lethargic move so far.

 

15:41 Price pushes higher.

 

15:45 Prices dithers and has failed to follow through to the upside so far.

 

15:51 Price seems to be dropping off, but it will have 48 to get past in order to keep going.

 

15:56 I'm calling it a day, a little hard going with what at times feels like PA malaise, with 3 trading days left on my rota feels like the market is keeping its best moves for next week. Nothing new there then.

 

Gamera.

nq240220151minpm.thumb.png.11ff2156aab1015103ad714d4bab90f4.png

Edited by Gamera

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Here are the levels I'm reviewing. Not sure for how long the overnight range will have an impact.

 

That 1001 REV happened so fast - took me by surprise of the swiftness of the movement.

 

1021 - Hinge anyone?

1022 - Not anymore...

5aa7123cb41e3_20150224pre-mkt15min.thumb.png.3bee14237344d803fb7eeef0b5c80b70.png

Edited by gears

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A very small pause bar for yesterday. The weekly uptrend is still intact. I expect the market to be confused, as we're at the all time highs, and right at the weekly upper trend channel line.

 

Here are my 15 minute pre-market levels, and daily.

 

10:00am: Chart 3: 30 minutes after the opening. Three trades: 1) Short from break down from pre-market low. 2) Bounce from previous day low. 3) rejection from pre-market low.

 

10:00am: Chart 4: Updated: Price testing previous day low. I got out at 31.

 

10:30am: Strong rejection from the previous day low. Unfortunately, I missed the trade due to some distractions in my office. Testing the mean of pre-market.

 

11:15am: Price tested the mean of pre-market, and took off to breach the previous day high. This would have been a perfect, "leave it the hell alone" (LITHA) trade, and something I will be trying to do from now on.

 

12:00pm: Rejection from the previous day high.

 

1:00pm: Price pierced the 50% mark of the day, and now above it. Not sure, where it'll go from here, so I'll sit tight on my hands, until it reaches one of the extremes. I did catch the drop from the rejection of the day's high, and that was a good run.

 

1:44pm: According to the hourly chart, we may retest the high of the day.

 

2:00pm: Price retesting previous day high. Looking for the "right tick" here. DB would not approve of this channel, as we're still in a big range. The range is big enough for me.

 

3:00pm: That previous day high was a bitch, and I got chewed up looking for that "right tick". Good news is, I found out, that the price didn't want to say below the level. So, I'm pretty confident, that it will at the very least retest the high of day, or may be even up to the upper trend channel line. In and long at 49.

 

3:30pm: Took profit before the double top. In the mean time, the 60 minute chart looks very orderly.

 

4:00pm: And with the double top, the trading day is over. All the trades followed the plan, except for the trades during the 1:45pm thru 2:15pm. The range around the previous day high took a chunk out of my profits for the day.

 

 

Schaefer

02242015.PNG.278563a7c8bdcdf90159a3c051fd8d0a.PNG

02242015-1.thumb.PNG.3e5dbe3340a19e0d80ec51ff6b677196.PNG

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02242015-14.PNG.0a5e3b2f83d2f93f2dfd4bfa99df5dd7.PNG

Edited by Schaefer

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Morning Chart. Lots of lines to observe.

 

 

Edit in afternoon with 1 Min chart added:

 

Watching this today, it seemed that we hit a lot of levels quite cleanly, and moved from the previous day's low right up to the highs. Entering at the right risk level, and holding to the opposite end of the range is another matter, but it was quite a clean day for AMT.

 

A. After the open we made it down to the swing low from yesterday afternoon, before turning up.

I had thought that this area would be unimportant, given the previous day's low just below it.

 

B. Back to the overnight low, and it seemed ready to breakout, but it never happened.

 

C. We flew through the previous day's low, and then turned around and rejected it straight away.

 

D. Higher low at the previous low point, and we make it back to the overnight low.

 

E. With the up and down motion, it looks a lot like a range has formed. We don't quite hit the lows this time, and travel back to the previous highs.

 

F. I would call this a break above the ON high, but it falls back into a range above the ON high.

 

G. We reach the previous day's high. Well done NQ

5aa7123cc6e97_24Feb201510Min.thumb.jpg.1b540b4584e5ad11bdbe2b8f83bd3ad7.jpg

5aa7123ddd9be_24Feb2015b.thumb.jpg.7b163d2036877292a2e977c9ecd62f9f.jpg

Edited by Wolfhound

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Focus on extremes...........

 

0952: Tried entering at 34 off that bounce and lost a point. Then tried again a few minutes later at 35 and that held. If instead I had been thinking about the first trade and the loss, much less "making up" for the loss, it is unlikely that I would have even tried the second.

 

Focus on price, not your trades.

 

1036: If your lines are confusing you, take all of them off.

Edited by DbPhoenix

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Focus on extremes...........

 

0952: Tried entering at 34 off that bounce and lost a point. Then tried again a few minutes later at 35 and that held. If instead I had been thinking about the first trade and the loss, much less "making up" for the loss, it is unlikely that I would have even tried the second.

 

Focus on price, not your trades.

 

Amazing, we had the same exact trade. I got in at 34.25, and got out at rejection from the pre-market low.

 

Schaefer

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With the danger of cluttering or driving this a bit to far I would like to post an observation based on the trigger at range extremes - which kept me up the last night.

 

This is far from being ready to be traded with money so far.

 

So just an observation. Partly inspired by 40D.

 

So this should not lead into a volume discussion.

This is just something I test and observe atm.

 

Btw. these are the bid ask volume bars in Sierra...

 

I think they are far away from "magic", but maybe exceptional volume @ level can giv a heads up together with the other signs of potential change...

volumeatextreme.thumb.jpg.2827b80e6e30920c230204143c682585.jpg

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By the way, don't forget: vote early, vote often.

 

Poll: Do you believe DBPhoenix's writings can make you a profitable trader? | Page 4 | Elite Trader

 

1045: This is probably a good day to remind everyone that this approach must be traded fearlessly, logically. If one cannot trade without obsessing over a previous loss and/or for some reason cannot trade logically, he should stop. To grab onto a few points here or there just to reach some daily profit target is self-sabotaging.

Edited by DbPhoenix

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    • Date: 7th April 2025.   Asian Markets Plunge as US-China Trade War Escalates; Wall Street Futures Signal Further Turmoil.   Global financial markets extended last week’s massive sell-off as tensions between the US and its major trading partners deepened, rattling investors and prompting sharp declines across equities, commodities, and currencies. The fallout from President Trump’s sweeping new tariff measures continued to spread, raising fears of a full-blown trade war and economic recession.   Asian stock markets plunged on Monday, extending a global market rout fueled by rising tensions between the US and China. The latest wave of aggressive tariffs and retaliatory measures has unnerved investors worldwide, triggering sharp sell-offs across the Asia-Pacific region.   Asian equities led the global rout on Monday, with dramatic losses seen across the region. Japan’s Nikkei 225 index tumbled more than 8% shortly after the open, while the broader Topix fell over 6.5%, recovering only slightly from steeper losses. In mainland China, the Shanghai Composite sank 6.7%, and the blue-chip CSI300 dropped 7.5% as markets reopened following a public holiday. Hong Kong’s Hang Seng Index opened more than 9% lower, reflecting deep concerns about escalating trade tensions.           South Korea’s Kospi dropped 4.8%, triggering a circuit breaker designed to curb panic selling. Taiwan’s Taiex index collapsed by nearly 10%, with major tech exporters like TSMC and Foxconn hitting circuit breaker limits after each fell close to 10%. Meanwhile, Australia’s ASX 200 shed as much as 6.3%, and New Zealand’s NZX 50 lost over 3.5%.   Despite the escalation, Beijing has adopted a measured tone. Chinese officials urged investors not to panic and assured markets that the country has the tools to mitigate economic shocks. At the same time, they left the door open for renewed trade talks, though no specific timeline has been set.   US Stock Futures Plunge Ahead of Monday Open   US stock futures pointed to another brutal day on Wall Street. Futures tied to the S&P 500 dropped over 3%, Nasdaq futures sank 4%, and Dow Jones futures lost 2.5%—equivalent to nearly 1,000 points. The Nasdaq Composite officially entered a bear market on Friday, down more than 20% from its recent highs, while the S&P 500 is nearing bear territory. The Dow closed last week in correction. Oil prices followed suit, with WTI crude dropping over 4% to $59.49 per barrel—its lowest since April 2021.   Wall Street closed last week in disarray, erasing more than $5 trillion in value amid fears of an all-out trade war. The Nasdaq Composite officially entered a bear market on Friday, sinking more than 20% from its recent peak. The S&P 500 is approaching bear territory, and the Dow Jones Industrial Average has slipped firmly into correction territory.   German Banks Hit Hard Amid Escalating Trade Tensions   German banking stocks were among the worst hit in Europe. Shares of Commerzbank and Deutsche Bank plunged between 9.5% and 10.3% during early Frankfurt trading, compounding Friday’s steep losses. Fears over a global trade war and looming recession are severely impacting the financial sector, particularly export-driven economies like Germany.   Eurozone Growth at Risk   Eurozone officials are bracing for economic fallout, with Greek central bank governor Yannis Stournaras warning that Trump’s tariff policy could reduce eurozone GDP by up to 1%. The EU is preparing retaliatory tariffs on $28 billion worth of American goods—ranging from steel and aluminium to consumer products like dental floss and luxury jewellery.   Starting Wednesday, the US is expected to impose 25% tariffs on key EU exports, with Brussels ready to respond with its own 20% levies on nearly all remaining American imports.   UK Faces £22 Billion Economic Blow   In the UK, fresh research from KPMG revealed that the British economy could shrink by £21.6 billion by 2027 due to US-imposed tariffs. The analysis points to a 0.8% dip in economic output over the next two years, undermining Chancellor Rachel Reeves’ growth agenda. The report also warned of additional fiscal pressure that may lead to future tax increases and public spending cuts.   Wall Street Braces for Recession   Goldman Sachs revised its US recession probability to 45% within the next year, citing tighter financial conditions and rising policy uncertainty. This marks a sharp jump from the 35% risk estimated just last month—and more than double January’s 20% projection. J.P. Morgan issued a bleaker outlook, now forecasting a 60% chance of recession both in the US and globally.   Global Leaders Respond as Trade Tensions Deepen   The dramatic market sell-off was triggered by China’s sweeping retaliation to a new round of US tariffs, which included a 34% levy on all American imports. Beijing’s state-run People’s Daily released a defiant statement, asserting that China has the tools and resilience to withstand economic pressure from Washington. ‘We’ve built up experience after years of trade conflict and are prepared with a full arsenal of countermeasures,’ it stated.   Around the world, policymakers are responding to the growing threat of a trade-led economic slowdown. Japanese Prime Minister Shigeru Ishiba announced plans to appeal directly to Washington and push for tariff relief, following the US administration’s decision to impose a blanket 24% tariff on Japanese imports. He aims to visit the US soon to present Japan’s case as a fair trade partner.   In Taiwan, President Lai Ching-te said his administration would work closely with Washington to remove trade barriers and increase purchases of American goods in an effort to reduce the bilateral trade deficit. The island's defence ministry has also submitted a new list of US military procurements to highlight its strategic partnership.   Economists and strategists are warning of deeper economic consequences. Ronald Temple, chief market strategist at Lazard, said the scale and speed of these tariffs could result in far more severe damage than previously anticipated. ‘This isn’t just a bilateral conflict anymore — more countries are likely to respond in the coming weeks,’ he noted.   Analysts at Barclays cautioned that smaller Asian economies, such as Singapore and South Korea, may face challenges in negotiating with Washington and are already adjusting their economic growth forecasts downward in response to the unfolding trade crisis.           Oil Prices Sink on Demand Concerns   Crude oil continued its sharp slide on Monday, driven by recession fears and weakened global demand. Brent fell 3.9% to $63.04 a barrel, while WTI plunged over 4% to $59.49—both benchmarks marking weekly losses exceeding 10%. Analysts say inflationary pressures and slowing economic activity may drag demand down, even though energy imports were excluded from the latest round of tariffs.   Vandana Hari of Vanda Insights noted, ‘The market is struggling to find a bottom. Until there’s a clear signal from Trump that calms recession fears, crude prices will remain under pressure.’   OPEC+ Adds Further Pressure with Output Hike   Bearish sentiment intensified after OPEC+ announced it would boost production by 411,000 barrels per day in May, far surpassing the expected 135,000 bpd. The alliance called on overproducing nations to submit compensation plans by April 15. Analysts fear this surprise move could undo years of supply discipline and weigh further on already fragile oil markets.   Global political risks also flared over the weekend. Iran rejected US proposals for direct nuclear negotiations and warned of potential military action. Meanwhile, Russia claimed fresh territorial gains in Ukraine’s Sumy region and ramped up attacks on surrounding areas—further darkening the outlook for markets.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
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