35854 replies to this topic

[Vertebrae]

I smell a litter lout of the piglet variety

[Mimzy]

I'm here for the entertainment.  But you're right, I shouldn't post.  Just saw a newbie who was going to be caught up in this forum's BS and wanted to steer them in a better direction.

 

Anyway, I'll go back to lurking - takes up less of my time than posting

 

Mimzy, sorry, can't take up your offer.  I've been asked on numerous occasions and it is time-consuming.

Thanks Cypher 

[Mimzy]

I think everyone here trades with beer, burger is way to formal

I'm a teetotaller and will have to stick to Burgers    

[Mimzy]

Then why are you still here?? Contribute or just don't post thanks!

 

Mimzy, TA very important in trading, need to set your macd's, RSI indicators correctly and also add your moving day averages!Then other factors to take in consideration...seasonals, Elliot etc. Need to do a whole lot of reading and start with Reminiscense of a Stock Operator!

 

You will loose money and will be a long painful walk, but if you got the balls and it is a passion you can master it, never the market though but it (your strategy)!

 

A

Thanks for the advice A - I'm attending a technical analysis workshop this evening and will get the book and start reading - I've go the time (not sure about the patience) and will have to get very disciplined hence I need to follow a system. 

[cypher]

Then why are you still here?? Contribute or just don't post thanks!

I'm here for the entertainment.  But you're right, I shouldn't post.  Just saw a newbie who was going to be caught up in this forum's BS and wanted to steer them in a better direction.

 

Anyway, I'll go back to lurking - takes up less of my time than posting

 

Mimzy, sorry, can't take up your offer.  I've been asked on numerous occasions and it is time-consuming.

[Jakkals]

Thanks Cypher - I see you are Cape Town based - I'm in the Southern Suburbs and if youre up to it and have the time, I would love to meet someone (can buy you a burger) who is regularly trading the indices.  Let me know 

I think everyone here trades with beer, burger is way to formal

[Argento]

My first bit of advice is to stay away from this place.  It's a circus full of ego-maniacs.  There lots of other FREE resources on the internet that you can access, tons of books to read, Youtube channels, etc.  Don't pay ANYONE for advice, tips, systems, etc.  Google is your friend.  Good luck.

Then why are you still here?? Contribute or just don't post thanks!

 

Mimzy, TA very important in trading, need to set your macd's, RSI indicators correctly and also add your moving day averages!Then other factors to take in consideration...seasonals, Elliot etc. Need to do a whole lot of reading and start with Reminiscense of a Stock Operator!

 

You will loose money and will be a long painful walk, but if you got the balls and it is a passion you can master it, never the market though but it (your strategy)!

 

A

[Mimzy]

My first bit of advice is to stay away from this place.  It's a circus full of ego-maniacs.  There lots of other FREE resources on the internet that you can access, tons of books to read, Youtube channels, etc.  Don't pay ANYONE for advice, tips, systems, etc.  Google is your friend.  Good luck.

Thanks Cypher - I see you are Cape Town based - I'm in the Southern Suburbs and if youre up to it and have the time, I would love to meet someone (can buy you a burger) who is regularly trading the indices.  Let me know 

[delta66]

scalp traders using the crossover(1min) system ..this is how this morning action(at time of post) should read/interpret for you! 

 

short the open with a break of the 100ma and triple ema crossover confirmation 8:58am(tight stops in place)

close position with ema crossover 45850-just under 100pip.....remain out of longs until ema's give your long entry signal

(it didn't though, did it )

firstly, there was no confirmation crossover of 13ema over the 62ema and secondly a classic pin bar reversal(9.25am) off/on 100ma

-notice how price met resistance on that 100ma

 

100ma isn't generally used/applied in the "standard" subset rules, i've added it only as a extra trend support/resistance indicator -works well!

if using rsi, recommend a "9" setting. personally imo, heart of the system lies in the ema's

simple and very profitable once you have the feel of it

 

go get 'em!

[cypher]

Hello there.  I'm looking for advice.  i'm a complete newbie and know nothing about technicals.

 

I traded twice this morning and "luckily" won on both - why I don't know.  How do I start to learn about technical analysis and what tools do I need so I can understand a bit about what you guys are talking about.

 

My first bit of advice is to stay away from this place.  It's a circus full of ego-maniacs.  There lots of other FREE resources on the internet that you can access, tons of books to read, Youtube channels, etc.  Don't pay ANYONE for advice, tips, systems, etc.  Google is your friend.  Good luck.

[Mimzy]

Hello there.  I'm looking for advice.  i'm a complete newbie and know nothing about technicals.

 

I traded twice this morning and "luckily" won on both - why I don't know.  How do I start to learn about technical analysis and what tools do I need so I can understand a bit about what you guys are talking about.

 

 

[Vertebrae]

suck on that!!!  dickheads

 

What a nice trumpet you wearing, did you make it yourself?

[Argento]

Things are heating up quickly now SPX sitting with 3 bear crosses at the same time on 5H chart. Not to mention the daily bear cross too. I've never witnessed it before but I tell you it's going to be very ugly. And take us along for the ride. But they should bounce first. Like us

Totally agree with this, was wrong about today as we should stay up till after FOMC and only then the bears should start their assault!

 

Building a nice base here for a jump to add shorts, will need to sit this one through, but the mud slide is coming!!!!

 

A

[HDB]

aim...fire!!!

 

1 -Normal OUV
45713.19372
2 - Resource Adjusted
45871.64691
3.- Other
45779.17311

last night i had bhp ozz to be about 2% red for this morning..well its dropped 2 % first hour of opening and now green..
From a fundamental point of view, we shud not be trading here at these prices but its all momentum..
Dow f juts going up and up without any pullback,,,China opened about 4% red and now 1% down..

and all targets hit with a boom bang!!

[Django]

Things are heating up quickly now SPX sitting with 3 bear crosses at the same time on 5H chart. Not to mention the daily bear cross too. I've never witnessed it before but I tell you it's going to be very ugly. And take us along for the ride. But they should bounce first. Like us

have a look...monthly chart

Ugly I think any day now massive sell off to start. Our charts not looking good as well. And we should see the affect on our market too, with the U.S.

 ImageUploadedBySharenet Sharechat1438069173.356563.jpg   97.72KB   13 downloads

[Django]

Things are heating up quickly now SPX sitting with 3 bear crosses at the same time on 5H chart. Not to mention the daily bear cross too. I've never witnessed it before but I tell you it's going to be very ugly. And take us along for the ride. But they should bounce first. Like us

have a look...monthly chart

Ugly I think any day now massive sell off to start. Our charts not looking good as well. And we should see the affect on our market too, with the U.S.

[davidp13]

Things are heating up quickly now SPX sitting with 3 bear crosses at the same time on 5H chart. Not to mention the daily bear cross too. I've never witnessed it before but I tell you it's going to be very ugly. And take us along for the ride. But they should bounce first. Like us

have a look...monthly chart

Attached Files

•  SP500_Monthly.PNG   133.32KB   7 downloads

[Django]

Things are heating up quickly now SPX sitting with 3 bear crosses at the same time on 5H chart. Not to mention the daily bear cross too. I've never witnessed it before but I tell you it's going to be very ugly. And take us along for the ride. But they should bounce first. Like us

[Motion Picture]

Ok I will be first I am stuck with a short at 45800 greed got hold of me yesterday

 

smile now BC...greed is good for your health sometimes 

[HDB]

suck on that!!!  dickheads