KBC Sunrise Market Commentary 24/01/2022 via Trader Talent

Monday, 24 January 2022 Please  click here  to read the PDF version Markets •          Key US equity indices lost another 2% on Friday and more importantly high-level support marks. The S&P fell below the neckline of a triple top formation at 4495, suggesting more downward potential towards the October low of 4279 with the final target of the technical formation even at 4172. The tech-index Nasdaq was already in correction modus (>10% from all-time top in November), but now lost the neckline of a huge double top formation which served as resistance in H1 2021 (14175). The move lower suggests …

KBC Sunset Market Commentary 21/01/2022 via Trader Talent

Sunset Friday, January 21, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • European stock markets can’t escape the rot today. Main indices lose up to 2% and more. The EuroStoxx 50 trades below first support at 4231. A sustained break paves the way to the low 4000-zone. It will be a key session for US indices as well. They open around 0.5% weaker. The S&P yesterday closed below the neck line of a triple top formation at 4495. A sustained break lower gives more downward potential towards the October low of 4279 with the final target …

KBC Sunrise Market Commentary 21/01/2022 via Trader Talent

Friday, 21 January 2022 Please  click here  to read the PDF version Markets •          Yesterday, investor confidence faded throughout the day and finally resulted even in a standard risk-off repositioning. A positive risk sentiment in Asia encouraged by the outlook for further PBOC easing initially only modestly inspired European investors. US equities tried to do better despite mixed US data, including an unexpected jump in US weekly jobless claims as omicron dented activity (286k vs 231k expected). Initial US equity gains of 1.5%/2.0% apparently were seen as an opportunity to further offload risk. European indices ended near best levels of …

KBC Sunset Market Commentary 20/01/2022 via Trader Talent

Sunset Thursday, January 20, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • Developments in Asia raised hopes that (equity) markets could enter calmer waters after recent setback. Chinese banks passing through recent PBOC easing and hope for more to come to some extent might mitigate the impact of (accelerated) Fed normalization for the region. However, European indices initially hovered around unchanged levels and currently gain a meagre 0.25%. The oil price easing (Brent S87.9) after recent sharp rise should be a positive for the region, but weighed on regional indices (correction in energy shares). Geopolitical …

KBC Sunrise Market Commentary 20/01/2022 via Trader Talent

Thursday, 20 January 2022 Please  click here  to read the PDF version Markets •          Yesterday morning it looked that EMU/German yields would catch up in the wake of the recent strong rise in US yields. The German 10-y yield moved temporarily into positive temporary for the first time since April 2019. However, the there was no immediate follow-through price action and/or high profile news to sustain further gains. The move petered out. The strong uptrend in US yields also ran into resistance. At the end of the day, the US yield curve flattened. The 2y- yield still rose 1.5 bps, …

KBC Sunset Market Commentary 19/01/2022 via Trader Talent

Sunset Wednesday, January 19, 2022 Daily Market Overview Click here to read the PDF-version of this report. Markets • It finally happened: the German 10y yield turned positive for the first time since April 2019. For six hours. The most important European benchmark rate gapped at the open to 0.004% in a catch-up move with a late-session US yield sprint. After hitting an intraday high of 0.02%, yield gains slowly evaporated as the European session evolved. It is currently trading at an, admittedly barely, negative 0.008%. Symbolic/technical breaks like these usually have to meet with swift follow-through price action in order to …

KBC Sunrise Market Commentary 19/01/2022 via Trader Talent

Wednesday, 19 January 2022 Please  click here  to read the PDF version Markets •          The new paradigm that dominates trading since the start of the year simply continued as trading resumed post Martin Luther King Day. Markets ever more see inflation as an obstacle to growth rather than a result of healthy demand, raising speculation that the Fed will have to act sooner and more aggressive than anticipated until now. A further rise in oil due to geopolitical tensions add to that picture. Investors are also looking out for signs of cost pressures affecting corporate margins as the earnings season …

Spoofing, Scalping, Scratches, Fat-Fingers, Shorts, Longs, Stop-fishing, Bars, Yards and Triple Witching – I beg your pardon?

In this article we give the uninitiated a quick look into some of the stranger trading vocabulary you might come across when trading futures and bring you up to speed on the industry lingo and its origins. Spoofing Spoofing is a forbidden practice on regulated exchanges but you will still see it happening in the DOM/trading ladder if you know what you are looking for. The strange term is thought to originate from a board game developed by the British comedian, Arthur Roberts, in 1884. It basically means to trick or hoax somebody. In the trading world the act of …

machine trading

Trade Against the Machine – Upcoming Article

Too often it’s rage against the machine for day traders. In this upcoming article we will examine the technical aspects of how many of the high frequency trading bots take advantage of order flow and explain how you can best equip yourself to avoid draw-downs a as a result and instead spot patterns for profitable exploitation of their programming. Publishing Soon…