35854 replies to this topic

[Beorn]

Draghi better not disappoint the markets. If he does, I think we will fall hard.

 

Does anyone know where I can watch Draghi's press conference?

Now that Bloomberg is not on DSTV anymore.

[Beorn]

Draghi better not disappoint the markets. If he does, I think we will fall hard.

[Wingnut]

BOE rate decision, was what caused that drop, ZAR got a lot stronger against the pound, so dual listed stocks dropped with it.

In that case, we brace ourselves for the next whiplash at 13h45 for the Euro rate decision?

[Wingnut]

OK, I get it. Chubby and/or Wingnut had a massive sell order at 13:00!    

I wish that was true for me. Obviously it was Chubby who has the resources to put a blip on the market

[Shortboy]

BOE rate decision, was what caused that drop, ZAR got a lot stronger against the pound, so dual listed stocks dropped with it.

Thanks Jakes! Strange that it didn't pop up on my Bloomberg like these important notices usually do.

[Beorn]

OK, I get it. Chubby and/or Wingnut had a massive sell order at 13:00!    

BOE rate decision, was what caused that drop, ZAR got a lot stronger against the pound, so dual listed stocks dropped with it.

[K~~]

OK, I get it. Chubby and/or Wingnut had a massive sell order at 13:00!    

 

 

Ok..took 80% of the profit off the table..I will forfeit the 300 pips. Too much rumblings in Europe and  tomorrows data might tip it either way. Will play the breakout or bounce though.

[Wingnut]

Wingnut, please warn me next time you are exiting a long! How did you see the drop coming?

I didnt! Absolutely no skill involved seeing the drop coming. Sometimes you get lucky. I just dont like sideways movement when the wicks get long on the candles.

Edited by Wingnut, 04 July 2013 - 01:17 PM.

[Shortboy]

Ok..took 80% of the profit off the table..I will forfeit the 300 pips. Too much rumblings in Europe and  tomorrows data might tip it either way. Will play the breakout or bounce though.

Your timing is brilliant boet! What just happened there? Please keep posting, You are an excellent driver. Think I will just find a seat in the back with BC and enjoy your next ride....heh heh! 

[K~~]

Wingnut, please warn me next time you are exiting a long! How did you see the drop coming?

Out @ 35334. no fireworks and maybe I took the money off the table too early, but who is it that said.? " I have never incurred a loss by taking a profit"

[Wingnut]

Long @ 35011

Out @ 35334. no fireworks and maybe I took the money off the table too early, but who is it that said.? " I have never incurred a loss by taking a profit"

[Mhlato]

Hi BBW, the BBM = (BBU - BBL) /2. So if your BB's is set to a 20sma then the BBM will be 20sma and yes,you can use it with the 20 EMA.

 

 

Mhlato, thanks a lot for the tip. I'm currently giving it a test - hourly chart, 20EMA and BBM. 

 

In my search to learn more about it, I found this explanation however: "Bollinger Bands consist of a middle band with two outer bands. The middle band is a simple moving average that is usually set at 20 periods."

 

So, can one just use the 20SMA together with the 20EMA then??

[BBW]

20 EMA (exponentiol moving average)  not sma and Bollinger Band Middle

Mhlato, thanks a lot for the tip. I'm currently giving it a test - hourly chart, 20EMA and BBM. 

 

In my search to learn more about it, I found this explanation however: "Bollinger Bands consist of a middle band with two outer bands. The middle band is a simple moving average that is usually set at 20 periods."

 

So, can one just use the 20SMA together with the 20EMA then??

[JBlack]

it usually does this when its a holiday in the US

The fear of how we will react when US opens not being in play...?

[matebele]

so much for a quite day...

Who needs the US markets anyway

it usually does this when its a holiday in the US

[JBlack]

Jblack caution of traders on the sideline for tomorrow and market loosing steam atm

We are still being range bound here. Great market for scalpers, 80 points up then 80 points down. Draghi might just spike us up a tad. 

[bear catcher]

Jblack caution of traders on the sideline for tomorrow and market loosing steam atm

[bear catcher]

Chubby out at 35350 now short to 35100

[mdma]

so much for a quite day...

Who needs the US markets anyway

[JBlack]

Hi Argento , follow Chubby, i did and with him till 35400 first day this week i am making some profit. I still think that from 35700 i am gonna look for a short entry for the final leg down.Well i hope this works out because teusday and wednesday really showed me what total amateur i am ,will look carefully market goiing sideways atm but hope for a last spike to 35400
 

IMO I don't see more upside later than say 14h00. Like I said, I reckon there are some pension fund traders and those chaps with the khaki and Woolies knit wear running your local conservative/money builder unit trust fund who will take money off this pm before tomorrow's anticipated volatility....