HDB CCI Trading System

All out. See next week thursday. Going on holiday from saturday till next week.

Enjoy it. Don't watch the news or listen to the radio. Have a good rest we need you back refreshed.

Also out 79p, Good start to the day, without OUV. Surely feels as if i do not have any underpants on.   Miss HDB's help. Die WP moet hom nou terug stuur.

All out. See next week thursday. Going on holiday from saturday till next week.

_{Last long and then off till thursday unless very very very good opp on table. Gonna be to volitile till thursday. Wanna still trade next week}  

Closed half at 46097

Going out of long. On sidelines.

Yes

O well, now bullish so taking long and will look to enter lower if lucky. Maybe 46200 - 46300 today 

R you long yet CP?

SA 40 Technical View provided by IG for your interest:

The South Africa 40 cash index has been increasingly difficult to predict as the short and medium-term consolidations persist and we await for directional confirmation. Last weeks proposed bullish flag formation failed to confirm with a breakout before realizing the failure level suggested. The blue arrows highlight failed breakouts of the short-term range between levels 45850 and 46500.

The lower horizontal level at 45550 has proven to be more relevant than the 45850 level as the price has experienced a short-term reversal off this level. With this in mind, the lower support level at 45550 has been added and the 45850 level is removed moving forward. The short-term weakness witnesses a gravitation towards support at 45550 and a break of this level favours a move towards the outskirts of the broader range at 45050.

In previous weeks, it has been guided that the price activity “churn” in the short-term carries a higher degree of risk in near-term trading and a true commitment to the continuation or reversal of the longer-term uptrend remains with the 45050 and 47160 levels. It is with this reason waiting for renewed directional confirmation is preferred while the broader consolidation persists.

If the ema 204 on the 4 hour chart goes at 46091 it should fly, but i think that will be the first visit. From there anything possible with thursday in mind.

Thanks for sharing your thoughts.

O well, now bullish so taking long and will look to enter lower if lucky. Maybe 46200 - 46300 today 

If the ema 204 on the 4 hour chart goes at 46091 it should fly, but i think that will be the first visit. From there anything possible with thursday in mind.

O well, now bullish so taking long and will look to enter lower if lucky. Maybe 46200 - 46300 today 

Out of long, going short again at 45770

 Why Why Why Why do i always do that. After telling myself to not do that. Whyyyyyy

$!#$! Stopped out. 

HDB missing your OUV calls. 

Out of long, going short again at 45770

30min clear downtrend. Currently ema 13 at 45779. Average longs now at 45645.Looking for revisit at ema13 and CCI to get closer to 0 and will be looking for new oppertunity there. Just hoping SAB cools off now and does not screw everything up like yesterday

HDB in Cape Town I believe for a few days. He will be back on the forum later this week.

Told you he immigrated. 

I went short last night at 46110, but purely as a start to building a short position,to be honest i was seeing some more upside and would have added some shorts goiing up, but as from 8am the market started goiing down Eish as i am writing my position closed at 45660, still thing we goiing to see 45400 today.Now sit back and enjoy my 450 points profit, becareful with those longs for now!

Well done Bear

I'm still here. Think HDB immigrated.

HDB in Cape Town I believe for a few days. He will be back on the forum later this week.

Hi bearcatcher,

 

Just watching and waiting to see if S1 will hold. How about you? Any positions taken today?

I went short last night at 46110, but purely as a start to building a short position,to be honest i was seeing some more upside and would have added some shorts goiing up, but as from 8am the market started goiing down Eish as i am writing my position closed at 45660, still thing we goiing to see 45400 today.Now sit back and enjoy my 450 points profit, becareful with those longs for now!