35854 replies to this topic

[delta66]

out at 43890..140 points bagged for the day  

[farouk]

1 Hr chart we have a wedge.

a break above 44300 will set a target of 44550 minimum.

A break below  44190 will set a target of 43940 minimum.

Edited by farouk, 25 April 2014 - 02:44 PM.

[bear catcher]

Delta hope your account can carry the drop coming before the short covering,things not looking good. Added short 43885

[delta66]

yes A, hoping for 43900 min during session

[Argento]

Let's see if friday's classic short covering afternoon can push her back up to break out...

 

A

[delta66]

43800 order filled..avg 43850.  need scalp 50p to meet day's target(150)..then done!

[Argento]

Thanks for your posts A! 

[OceanWalz]

Thanks for your posts A! 

[Vertebrae]

A+ for A

Wishy washy bankrupt western leaders making yogi bear noises (lacking credibility)

Main worries unchanged, just another brick.

Climb baby

Rem: carry on buying any dips

 

[Argento]

We have a triangular bullish continuation formation in the works..spot the pattern and collect the money!

 

Target 44570ish TOP40F, should reach it next week but then fall back (should create negative divergence) to the 44160ish support zone again before the final push up!

 

Free money boys, just need to sit a little tight!Let's see how it goes....

 

A

[delta66]

in 43900 with second order lower 43800

[Ninja]

Alsi up 0.16%..... This is like a crowd pushing a sled up Everest..... Hope they can all hop on when the time comes....

[Argento]

We have 44156 TOP40F as strong support and the weak rand should also keep us up!

 

The ultimate level to start throwing in that kitchen sink shorts I would say over 45000, she has to go outside the weekly bollingerband to put in a significant top and it currently is at 44850ish...

 

Still holding my longs from down below..playing the bigger waves will make sure you catch the big moves!

 

A

SPX is bullish!

 

A

[delta66]

lets see..big ask? order long 43900 sa40 cash positioned to avg. down at 43800 again.

[Argento]

I'm starting to feel like the only time you can go short is if you can actually see a nuclear wasteland outside your window. And even then only take a small position.

This is a good thing...in my trading career the most money I lost was on shorts, and money I made out of shorts was more luck than anything else!Sure with seasonals, candles and negative divergence backing you when you do go short can work but best is to go long in a bullmarket and short in a bearmarket!

 

Can you imagine how much money one could have made since the 2009 low playing longs...but people listen to noise and even most of the big guns said they don't believe in the recovery and people listended...!If you went with the charts you could have made millions!

 

When bullmarkets run most investors get confident and don't listen to technical analysts, but once a bearmarket hit they run to them first....few know what is coming soon, will be the biggest correction since 2009!But most will have no money left to get in at the top cause they started shorting to early...patience, strategy and experience will get you far in this game!

 

As Buffet said, bullmarkets end like hankypanky, the climax has just begun....

 

A

Edited by Argento, 25 April 2014 - 10:22 AM.

[delta66]

out at 100+ points 43940..

[delta66]

[strydomk]

I'm starting to feel like the only time you can go short is if you can actually see a nuclear wasteland outside your window. And even then only take a small position.

[Argento]

Hi A, IHS onSP500 1h- very anaemic R shoulder - and at neckline curently - so Mr Putin stop rocking the boat cause my longs are on the T40F graph - will we clear 1891/7 and carry T40F to 44600 resitstance

 

what is your envisaged level to throw the kitchen sink out?

We have 44156 TOP40F as strong support and the weak rand should also keep us up!

 

The ultimate level to start throwing in that kitchen sink shorts I would say over 45000, she has to go outside the weekly bollingerband to put in a significant top and it currently is at 44850ish...

 

Still holding my longs from down below..playing the bigger waves will make sure you catch the big moves!

 

A

[delta66]

couldnt resist adding at 43800    ave. price 43837