It looks bad news for DB is everywhere. We can see DB's big drop with large volume yesterday. However, its close price is still above 11. Compared with GLEN's big day on 28/09/2015, it looks large volume at low price zone is not bad news. It is impossible for the professionals to short DB from here, then who are the buyers? Of course, there is a big risk to...
Long: - Lower band of the local emerging channel - Lower band of BB - Previous local bottom - 50% Fib retracement from the last top - the volume in the last drop is not significant Short: - dominant bearish channel upper band - failed breakout from the dominant bearish channel - RSI is not oversold - RSI breaked down the lower band of the emerging RSI channel It...
DB failed to break its previous day's high on friday which leads me to believe that in the following week it should head south towards $13.8. Still don't expect major downside movement as many institutions stand by DB ready to support it and we currently sit at atl for DB. At this point you could trade DB as a "too big to fail" institution and ride the stock up to...
Heading into trend line resistance. Model predicts we will see an eventual rally into 17.70 that could be a useful sell.
DB is strugling these days and comes with a short opportunity.
There are a lot of talks last year about close bankruptcy of DB. Some charts were published which show similar character of DB drop to Lehman fall from hights of 2008. I don't believe in it. Not reason to prepare everyone for bunkruptcy of a Great Bank for a such long time. I think that we could see something really interesting here. Anyway, be very...
Today we added a couple shorts, I'm posting the trades we currently have open but not providing entry/stop suggestions. Only trade them if you have a trading strategy, or, ask me if you're interested in learning more about the one we use (Tim West's 'Key Hidden Levels' and 'Time at mode'). We have some worrying bearish signals, so it's a good idea to have a...
EURUSD didn't hold at the Brexit key level, so we can expect it to drop rapidly towards 1.09115. If we drop down fast enough, a 2-month time at mode downtrend signal might trigger, this would send the price down to 0.87 or so. I'm looking to trade it in the short term, riding swings up and down for now. Currently, the bias is short, we can short on retrace above...
I'm pretty sure 97% of people were short DB lately, and pessimistic about its outlook. I was on that bandwagon, and shorting every rally for some time, but the latest developments made me change my mind on it. I think we have a great opportunity to long the stock here, if not already in that is. I'm in with a 0.25% risk position, and will add gradually to it,...
This is an update to my previous publication. We now have full confirmation of a weekly uptrend aiming for 110.141 by December 23rd or sooner. If not long you can buy new daily lows, or dips to 102.8 after this week's close. Jumping in now, is not bad, but not optimal. This uptrend probably implies that the smart money is getting into new leveraged positions for...
An idea where DB might head back down
In this chart, I'm looking at the Euro and an inverted Euro chart, to help me determine if I have a bias when trading it. Seeing the bottom chart, I feel it is a long here, specially since we're breaking out above an inside trendline. You can refer to my analysis in related ideas. I also see a short in the inverted chart, with Friday's action being quite decisive...
From 2007 high it is going down trend. And now in near future it will re-test the 2009 low around $2.75.(see green line in the chart) If it fails to hold then BCS will go pennies on the dollar. Though you might have missed the maximum profit ratio by shorting but still you guys have some hope as it is only trading around $8 range and soon it will free fall. Good...
The risk reward profile to short DB is horrendous. I'd rather be long.
This is a very, very tight stop loss short setup in the monthly EWG chart. If it confirms (which it might, due to the Deutsche Bank impending collapse), we could get confirmation during October. We'd need price to stay clear from the 26.10 mark for the whole month, so we could use a stop at 26.11 without a problem here, or just trade it with options instead and...