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ALSI Trades


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#21021 Argento

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Posted 02 April 2014 - 10:48 AM

LOL! That's a good one, A.   :P

The US just broke out of a month long consolidation period and I believe TOP40 still got good upside left too so just be careful, this bull is dangerous!

 

A


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#21022 Roundtree

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Posted 02 April 2014 - 10:40 AM

Think you are looking at the oil chart brother... :P  

 

A

LOL! That's a good one, A.   :P


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Happy trading!


#21023 Argento

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Posted 02 April 2014 - 10:37 AM

Morning, brothers. And good luck to those who think there's still some more upside to this market. My chart says the top is in; we have to retrace back to 42700 (Jun 14) before we push up to these levels again. 

Think you are looking at the oil chart brother... :P  

 

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#21024 Roundtree

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Posted 02 April 2014 - 10:34 AM

I hope you are right Roundtree. I am starting to run out of brown paper bags!

I also hope I'm right, brother. Here's my reasoning: 43886 is the pivot calculated from the 27th March. There was high volume when the market crossed that level. Since then we've been trading above the pivot but not going anywhere. Because there's nowhere else to go but down.

 

As usual, I'll be waiting patiently for the market to prove me wrong. The market always has a way of cutting people down to size, doesn't it?

 

Happy trading.


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Happy trading!


#21025 strydomk

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Posted 02 April 2014 - 10:15 AM

I hope you are right Roundtree. I am starting to run out of brown paper bags!
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#21026 Godfather

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Posted 02 April 2014 - 10:09 AM

In and out already Rountree.. Only just though. :blink:


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#21027 badtrader

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Posted 02 April 2014 - 10:05 AM

A potentially off topic question here - apologies. I'm trading ALSI at the moment but I'm actually a trained engineer and want to take a stab at high frequency/programmatic trading of the ALSI. I'm struggling to find a place to get me API trade access and/or data feed access.

 

Can anyone possibly help me here?


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#21028 Godfather

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Posted 02 April 2014 - 10:05 AM

In and out already Rountree.. Only just though. :blink:


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#21029 Roundtree

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Posted 02 April 2014 - 10:00 AM

Morning, brothers. And good luck to those who think there's still some more upside to this market. My chart says the top is in; we have to retrace back to 42700 (Jun 14) before we push up to these levels again. 


Edited by Roundtree, 02 April 2014 - 10:03 AM.

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Happy trading!


#21030 delta66

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Posted 02 April 2014 - 09:51 AM

 Easy just trade opposite what you feel and think.

lol..works for me as well

 

nice one bear catcher!


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“melior diabolus quem scies”


#21031 Godfather

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Posted 02 April 2014 - 09:44 AM

Me too 125 pointer.


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#21032 bear catcher

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Posted 02 April 2014 - 09:30 AM

Hi GF jip bagged my 110 points. Easy just trade opposite what you feel and think.Trend is up so why fight it? Went long since our last divi on 21 March but closed positions goiing up as my logic kept telling me we should fall, listened to the noise and lost out on a lot of points.
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IG CASH


#21033 K~~

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Posted 02 April 2014 - 09:23 AM

Accumulating shorts above 43600..


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


#21034 Godfather

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Posted 02 April 2014 - 09:12 AM

Morning All

 

Anyone going long for 150 pointd this morining?


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#21035 Sunesis

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Posted 02 April 2014 - 03:32 AM

Why Bullish April will be tricky

 

The past 40 years April is the strongest month, up +1.66% on average and higher 68% of the time.

 

tumblr_inline_n3cuzhlN8s1sr2715.png

 

Here’s what the average month looks like over the past 40 years.  Pretty much a 45% angle straight up.

 

tumblr_inline_n3cv0nrOCD1sr2715.png

 

Here’s the average April over the past decade.  Notice it is extremely strong early

 

tumblr_inline_n3cv2pvTzk1sr2715.png

 

Some of these recent returns are awesome.

 

tumblr_inline_n3cv4zn2061sr2715.png

 

Remember this is the second year of the Presidential cycle.  Going back to 1949, April isn’t quite as strong, as it is ranks seven out of 12.

 

tumblr_inline_n3cvctS5U51sr2715.png

 

I find this chart amazing.  Going back to 1975, here’s what the average second year of the Presidential cycles does.  This year is following this trend pretty much exactly.  If that is the case, April should see a big pop higher.

 

tumblr_inline_n3cw5yeygI1sr2715.png

 

Lastly, here are some final ways to look at April.  It actually does twice as well when the SPX is negative YTD heading into it.  So that doesn’t bode as well this year.  But the big one that gets me is what happens when we have a down January/up February (like ‘14).  This is rare, as January is usually strong and February isn’t.  So when things are turned upside down,  the usually strong month of April actually is negative!

 

tumblr_inline_n3cvfepIe41sr2715.png

 


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#21036 Sunesis

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Posted 01 April 2014 - 10:46 PM

S&P closes at an all time high

 

It made its 7th new all-time high in 2014. '1995 still has the record at 77 and '2013 checked in at 45

 

Keep an eye at year 2000 and 2007 number of all time highs. Those are the years when market crashed.

 

original_21636924.png?1396384784


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#21037 Shortboy

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Posted 01 April 2014 - 10:33 PM

Medium to long term is good for a big account.

 

I made a lot of money scalping the bull market last year. This year i am more medium term on the bearish side. That's why i said skep tewyl dit reen in the 2013 October-December bull run

 

Now i place a trade and relax. 

You are a trader of note my man. You called that cap on Friday almost to the point.

 

Quite happy to do intraday longs and or shorts...as I said, still learning.

 

Here is a new one for you: As die reen beging ophou? Moenie huil nie!


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IG SA40


#21038 AJS

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Posted 01 April 2014 - 10:30 PM

Hey AJ, you the ShareNet winner this month?

 

:D

 

Mmmm. Jy het my hier... April fool much? What is this? haha   :wacko:


Edited by AJS, 01 April 2014 - 10:31 PM.

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"Trade what you see, not what you think"

#21039 Sunesis

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Posted 01 April 2014 - 09:50 PM

Hi guys (and girls) New to the forum but have been following you for some time. Have come to the realization that I can do my M in Finance based on this forum:lol: :lol::lol: Masters in Psychology as well...

Very insightful and has helped me a lot. I have been riding this uptrend for a long time and cashed in big time... My question though will the impending dive in markets be associated with a strengthening or weakening in R/$? My R/$ positions have been chowing up ALSI profit faster than it can be generated.... :angry:

The sell off will make the Rand weak. We might go over R11 again.

 

I took a long position on the USD/ZAR pair from 10.53 target is 11 stop 10.25

There is a inverse HS on the 4H chart 


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#21040 Sunesis

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Posted 01 April 2014 - 09:47 PM

Great to hear from you Chubby! Thank you!

 

Big difference between short term and long term (trading/investing).

 

For me, S' graph is a great looking leading indicator from a week/month plus point of view. By far, most of my money sits in the long term investment space beyond the influence of stop loss hunters and stock operators. For me, the indicator S posted is very handy.

 

In the trading space (really short term positions like less than a month or so), well, I still have lots to learn and am more interested in scalping than taking a solid position with or against a market for any period beyond a day or so...I don't think I will ever be able to get my head around large daily trading losses as they mount, yet I find no difficulty whatsoever in seeing investment account fluctuations of up to R100k either side occurring because in the long run each of those shares I have a position in was bought for a long term reason, not a quick buck.    

 

In my case, when it comes to trading, then for the moment its exactly like Mhlato says, "the market always proves you wrong...just before it proves you right"

 

Still learning and thankfully, not paying too much for the course.

Medium to long term is good for a big account.

 

I made a lot of money scalping the bull market last year. This year i am more medium term on the bearish side. That's why i said skep tewyl dit reen in the 2013 October-December bull run

 

Now i place a trade and relax.


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.






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