if the price goes below 204 day on 5 min chart?is that a good signal to go short?
no..it tells you to stay short if already in a trade!!
Posted 17 June 2014 - 01:35 PM
if the price goes below 204 day on 5 min chart?is that a good signal to go short?
no..it tells you to stay short if already in a trade!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 17 June 2014 - 12:58 PM
if the price goes below 204 day on 5 min chart?is that a good signal to go short?
Posted 17 June 2014 - 12:53 PM
i didnt look at 204..just looked at cci and 3 and 10 day...and then put in a 60 point limit...(60 seems a good profit to me)..will look at slope of 204 in future
Posted 17 June 2014 - 12:43 PM
trend looks flat to me on the 10 min chart. (with 204ma)
Posted 17 June 2014 - 12:39 PM
out @ 45773 ..had a 60 point limit on
Posted 17 June 2014 - 12:39 PM
How dowsa one know when to exit?is cci starts sloping up ?
not really!! what did 240ema tell you? Trend is up or down?
If up and u short, quick profits!! Left at your discretion....
If you short and breaking even, close trade if cci crosses above 0...IF price still below 34ema...hold as MMs testing your emotions!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 17 June 2014 - 12:32 PM
Posted 17 June 2014 - 12:20 PM
short 45833
excellent...CCI 50 confirmed!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 17 June 2014 - 12:17 PM
short 45833
Posted 17 June 2014 - 11:22 AM
Thanks a million. I am talking CFDs. I am too nervous of the swings to play Top40.
Posted 17 June 2014 - 11:15 AM
Just to refresh must the price line bsiect the 34Ema or must the 13 ems bisect the 34 ema.. with the corresponding CCI cut of the zero line?
I presume you talking of cfds right?
Here is the summary for longs:
1. daily chart
2. Plot 34ema
3. Use cci 25, 40 or 50!! backtest to see which suits your share as each share could be different
4. When price closes above 34ema and cci above 0 , go long!!
5. I plotted the 204sma to show medium term trend
6. plotted 13ema juts as guidance to exit strategy!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 17 June 2014 - 11:09 AM
Just to refresh must the price line bsiect the 34Ema or must the 13 ems bisect the 34 ema.. with the corresponding CCI cut of the zero line?
Posted 17 June 2014 - 09:12 AM
thanks a lot sir..much appreciated!!!
Posted 16 June 2014 - 06:28 PM
and here is Sasol!!
also used 50cci!!
Look how it tested 34ema a few times and bounced off and went higher!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 16 June 2014 - 06:26 PM
Vuil, heres the chart of ARI...
arrow shows short signal....and hold shorts as your vaults gets full!!
And this type of short signal is what you should look for..( The secret)
Use 50 cci as this works best for this share!!
Edited by HDB, 16 June 2014 - 06:30 PM.
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 16 June 2014 - 05:35 PM
massive head and shoulder on 5 min dow chart!! broke neckline, tested and now being hammered down!! If it plays out, going to get real nasty later this evening!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 16 June 2014 - 04:49 PM
The mediocre sheep breeder tells.The good sheep breeder explains how sheep must be sheep.The superior sheep breeder demonstrates his power over sheep. The great sheep breeder inspires mindless sheeplike faith!!
And only the truly doff sheep still Baaaa.
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
Posted 16 June 2014 - 02:32 PM
Posted 16 June 2014 - 01:58 PM
Posted 16 June 2014 - 01:56 PM
thanks hdb..i agree but qbre,but the technicals are bullish too