Jump to content


Photo
* * * * - 31 votes

ALSI Trades


  • Please log in to reply
35854 replies to this topic

#20101 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 02 May 2014 - 02:19 PM

Don't see a P&F much nowadays, heres one...

CCI progress now looking to survive and thereby tip those indices. If so, the tracks just need signing off and the trains can roll...

P&F P&F P&F

 

attachicon.gifcci_ttb.jpg

 

Sweet chart, thanks!


  • 0
"Trade what you see, not what you think"

#20102 Vertebrae

Vertebrae

    Pachycephalosaurus

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,075 posts
  • LocationDystopia

Posted 02 May 2014 - 02:11 PM

Don't see a P&F much nowadays, heres one...

CCI progress now looking to survive and thereby tip those indices. If so, the tracks just need signing off and the trains can roll...

P&F P&F P&F

 


  • 0

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.


#20103 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 02 May 2014 - 01:30 PM

lets see..break up/down 44040-44070


  • 0

“melior diabolus quem scies”


#20104 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 02 May 2014 - 12:01 PM

 

Some say the Top40 Index (last close 43805) is consolidating within a symmetrical triangle, and so is the RSI.
Breaching the upper slope should push the Index to the 44,050 all-time high and beyond but the RSI would have to follow suit.
The flag pattern objective remains unchanged at 45,625.

 

I've seen that cycles/seasonals can sometimes overwrite pattern PF count projections.....will see when she is at the major cycle high around the 08th!

 

Thanks for your posts V

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#20105 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 02 May 2014 - 11:57 AM

I'm going to savour every minute..

 

Here's something I realised over the years....

 

When you play long, the fear of losing your paper profits makes you get out too early before you make the big bucks...

 

When you play short, the fear of ever increasing paper losses makes you get out too early before you make the big bucks...

 

K

Hope and fear..the two emotions that rule this world!

 

You must have fear when running a winning trade and not hope when running a losing trade!

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#20106 Vertebrae

Vertebrae

    Pachycephalosaurus

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,075 posts
  • LocationDystopia

Posted 02 May 2014 - 11:51 AM

Some say the Top40 Index (last close 43805) is consolidating within a symmetrical triangle, and so is the RSI.
Breaching the upper slope should push the Index to the 44,050 all-time high and beyond but the RSI would have to follow suit.
The flag pattern objective remains unchanged at 45,625.

  • 0

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.


#20107 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 02 May 2014 - 11:47 AM

Big money lies in the big swings...as you said only take one wrong scalp to cancel 6 other scalping profits!

 

Livingstone also mentioned that sitting tight days where the market turned against him, but it turned into profits!

 

Been waiting for next weeks short for some time, and going to ride it all the way down into August!!

 

Been counting the waves over the weekend and I see a minimum target reaching at least 36000 TOP40F, 33000 might be aiming too low!

 

A

I'm going to savour every minute..

 

Here's something I realised over the years....

 

When you play long, the fear of losing your paper profits makes you get out too early before you make the big bucks...

 

When you play short, the fear of ever increasing paper losses makes you get out too early before you make the big bucks...

 

K


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#20108 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 02 May 2014 - 11:37 AM

I learnt that form Chubby.. He once turned a 1300 pip MTM loss around into profit!

 

In my scalping days I would often lose a week's profits to a single trade gone wrong... Now playing the bigger waves (something I learnt from you!) I'm consistently turning a much larger profit!  :D

 

Just need to keep reading about the Cycles, don't have that quite down yet..

 

Prosperous trading!

 

K

Big money lies in the big swings...as you said only take one wrong scalp to cancel 6 other scalping profits!

 

Livingstone also mentioned that sitting tight days where the market turned against him, but it turned into profits!

 

Been waiting for next weeks short for some time, and going to ride it all the way down into August!!

 

Been counting the waves over the weekend and I see a minimum target reaching at least 36000 TOP40F, 33000 might be aiming too low!

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#20109 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 02 May 2014 - 11:35 AM

Added to shorts @44424...


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#20110 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 02 May 2014 - 11:31 AM

January is too fresh in my mind when I shorted to early...and it bit!But the turn of the tide is near and your strategy should pay off...will just have to sit tight but something you already mastered! B)

 

A

I learnt that form Chubby.. He once turned a 1300 pip MTM loss around into profit!

 

In my scalping days I would often lose a week's profits to a single trade gone wrong... Now playing the bigger waves (something I learnt from you!) I'm consistently turning a much larger profit!  :D

 

Just need to keep reading about the Cycles, don't have that quite down yet..

 

Prosperous trading!

 

K


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#20111 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 02 May 2014 - 11:11 AM

44800 is only about 450 points from here. It doesn't matter how violently the bull kicks at this stage, his days are numbered!

 

Will keep building my shorts!  ;)

 

K

January is too fresh in my mind when I shorted to early...and it bit!But the turn of the tide is near and your strategy should pay off...will just have to sit tight but something you already mastered! B)

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#20112 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 02 May 2014 - 11:04 AM

if order is filled from 44050(T40 cash) risk/reward ratio imo is good but still won't enter guns blazing.  pos size is the "rule of the day" :)


  • 0

“melior diabolus quem scies”


#20113 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 02 May 2014 - 10:59 AM

I don't think we're going to go over 45000 TOP40F come the 08th but will see, around 44800ish might be a good number for that biiiiig top and that 'ultimate short trade', ECB announcement that day and TOP40 usually puts in a significant top, so holding my longs for the last push....!

 

Cycles will soon take over and start the journey south...can't wait! :P  

 

A

44800 is only about 450 points from here. It doesn't matter how violently the bull kicks at this stage, his days are numbered!

 

Will keep building my shorts!  ;)

 

K


Edited by K~~, 02 May 2014 - 11:00 AM.

  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#20114 Lekkerry

Lekkerry

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,608 posts
  • LocationZA

Posted 02 May 2014 - 10:59 AM

Must admit, short is also waiving very nicely at me. For now I am just waiving back... smile and waive, smile and waive.

 

You guys are bold shorting this market in an uptrend and with the job figures coming out this afternoon....!

 

A


  • 0

From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#20115 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 02 May 2014 - 10:50 AM

Delta i am allso with you, adding to my short from 43920.

You guys are bold shorting this market in an uptrend and with the job figures coming out this afternoon....!

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#20116 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 02 May 2014 - 10:48 AM

out of curiosity, who makes more cash being short in this market? collectively i've made far more money being in long positions.


  • 0

“melior diabolus quem scies”


#20117 bear catcher

bear catcher

    Sage

  • Junior Member
  • PipPipPipPipPipPip
  • 1,315 posts
  • LocationPretoria

Posted 02 May 2014 - 10:37 AM

Delta i am allso with you, adding to my short from 43920.


  • 0

IG CASH


#20118 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 02 May 2014 - 10:36 AM

We just need to push thru 960 on the cash and we could be off to the races..We might not have to wait as long as the 8th A

The sooner the better! B)

 

A


  • 0

"Never never never give up!"



 


 

 
 

 


#20119 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 02 May 2014 - 10:20 AM

order in short 44050 ;)


  • 0

“melior diabolus quem scies”


#20120 strydomk

strydomk

    Advanced Member

  • Members
  • PipPipPip
  • 290 posts

Posted 02 May 2014 - 10:16 AM

Might be wrong but I think the MM just did a little house cleaning.
  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting