35854 replies to this topic

[Argento]

i dunno about you guys but I tend to short the new contract coming clser to closeout...if one wants to be short that is.. the reason is that whatever happens at least one's position will always be at least making back the interest carry as the new contract falls..if indeed it does.... shorting the old contract may not go down into closeout, shorting the new means I will at least have a better chance of getting back to the level where the old contract is trading and closes. anyone concur

Don't short in an uptrend...as easy as that!

 

A

[ZoomZ]

sure no problem if it works for you

[HDB]

You know, in effect, the higher we go, the more money I'm taking from you.

And vice versa.

and the bulls stampede ahead.....

[HDB]

at the moment not short Alsi..closed at 9 am this morning..made moolah and went building but I am getting roasted on my short Italy...forgot to trail stop the possie this morning....but it should pay off. italy closes it's gaps and there are 3 gaps to close... no markets leave three gaps without closing at least 2 of them in both directions...and in the end all gaps close. what this means is if a market falls and leaves 3 up gaps....it should retrace and close at least 2 then fall again. if a rising market leaves 3 gaps it should close at least 2 then rise again. that is last piece of 'secret' info I post here...from now on it's just weird numbers and levels...my clients pay for this normally.

 

 

Thanks Zuma for the free info!!

Edited by HDB, 18 March 2014 - 03:51 PM.

[ZoomZ]

at the moment not short Alsi..closed at 9 am this morning..made moolah and went building but I am getting roasted on my short Italy...forgot to trail stop the possie this morning....but it should pay off. italy closes it's gaps and there are 3 gaps to close... no markets leave three gaps without closing at least 2 of them in both directions...and in the end all gaps close. what this means is if a market falls and leaves 3 up gaps....it should retrace and close at least 2 then fall again. if a rising market leaves 3 gaps it should close at least 2 then rise again. that is last piece of 'secret' info I post here...from now on it's just weird numbers and levels...my clients pay for this normally.

[Beorn]

howzit gringots apologies for delay...i am building my own house....roof trusses in today..shoooo cool work on the 'secret' numbers....you are onto it kinda but there is more...the alsi will always be at either xx330 xx 660 or xx 830 within any given hour ....with xx 500 as the 'inside' pivot to other pivots....there is more to this but I have 'clients' that pay for that piece of info. but I will tell you something else...keep it between us yeah..... it applies to all markets and commodities and everything we trade... the only thing that is different about these markets/instruments is the time scale taken to get to these levels.

 

you are not short anymore?

 

Bulls starting to get going.

 

I cant see Alsi ending the day lower.

[ZoomZ]

i dunno about you guys but I tend to short the new contract coming clser to closeout...if one wants to be short that is.. the reason is that whatever happens at least one's position will always be at least making back the interest carry as the new contract falls..if indeed it does.... shorting the old contract may not go down into closeout, shorting the new means I will at least have a better chance of getting back to the level where the old contract is trading and closes. anyone concur

[ZoomZ]

howzit gringots apologies for delay...i am building my own house....roof trusses in today..shoooo cool work on the 'secret' numbers....you are onto it kinda but there is more...the alsi will always be at either xx330 xx 660 or xx 830 within any given hour ....with xx 500 as the 'inside' pivot to other pivots....there is more to this but I have 'clients' that pay for that piece of info. but I will tell you something else...keep it between us yeah..... it applies to all markets and commodities and everything we trade... the only thing that is different about these markets/instruments is the time scale taken to get to these levels.

[Beorn]

one short earlier on @42235

added  another at 42178...

 

You know, in effect, the higher we go, the more money I'm taking from you.

And vice versa.

[HDB]

one short earlier on @42235

added  another at 42178...

[Beorn]

I think this is where we start lifting off.

[JJBen]

Sunesis

 

Great post @12h38. The Chinese Banks/Property Developer's defaults can no longer be kept out of market's view.

Regarding this am trading pattern on the ALSI: The optimal spread for most trading inst. is between 41 000 and 42 000. That's why we saw the 10am dip below 42k. Some ammo was used to try and keep it below.

 

The only other real hedge play is around 43k. I think we will see another attack on 42k before close-out Thursday.

[gannet]

Fascinated by zoomer's numbers, so I created a rough indicator of zoomer's numbers in Swordfish.

 

By the looks of it the xx000's are also places of significance.(Which is just the market liking whole numbers I guess)

 

There's a big gap between the 830's and the 330's which the price seems to accelerate through pretty quickly, usually... I might just be seeing things I want to see.

 

90 minute chart.

 

863zoomer.png

WOW! Thanks for the spadework G ......... and Zoomer for the idea

[gringots]

Fascinated by zoomer's numbers, so I created a rough indicator of zoomer's numbers in Swordfish.

 

By the looks of it the xx000's are also places of significance.(Which is just the market liking whole numbers I guess)

 

There's a big gap between the 830's and the 330's which the price seems to accelerate through pretty quickly, usually... I might just be seeing things I want to see.

 

90 minute chart.

 

 863zoomer.png   218.13KB   20 downloads

 

[gannet]

Flag forming. Trade the break which is possibly up. Time-wise it's in my zone

[HDB]

IMO, no chance

Well im giving you a 50 point lead on the dow futures which is up 50 points...lets see!!

 

Remember same pride comes back to bite you!!

[Argento]

Hi S,

 

I think it's back to buying the dips now until she tops in April, agree with you and Zoomer on the major top but not yet...with an engulfing candle in the making on the weeklies we are in the same setup as December and she can start running fast towards new highs and beyond!

 

Today's turnaround shows Fed going to surprise the markets with something green....!

 

Just my 2c

 

A

30min bullish cross confirmed so bulls are starting the charge...!

 

A

[Beorn]

The USA Govt and its financiial  markets  Fed PRIDE is at stake!!! Yesterday it flew up on pride...As from today it will fall.....My view

 

IMO, no chance

[HDB]

I have a feeling my 1% up day may still be in the cards 

The USA Govt and its financiial  markets  Fed PRIDE is at stake!!! Yesterday it flew up on pride...As from today it will fall.....My view

Edited by HDB, 18 March 2014 - 01:58 PM.

[Argento]

 

Why selling all the rallies into April will payoff: Putin ALSI into perspective

 

1. China real estate developer with $567 debt set to collapse

2. China home prices are starting to slow

3. The Yaun is weakening, which will disrupt other markets like Japan. Nikkei will have spill over effect

4. Weak US sanctions to Russia will enable them to continue with eastern Ukraine. Some of Putin's friends who were sanctioned even laughed them off.

5. China abstaining from the UN security council vote against Russia gives Russia the go ahead to do whatever they want.

 

Crimea moving to Russia gives essentially a signal to China that one day they can also move and seize some territory that they perceive that belongs to them. The islands which Japan and China are fighting for will be the next referendum. Russia will support China as that happens. No wonder China abstained from the vote. Putin is a very good chess player.

 

On the economic front,  there is a huge discrepancy between what China reports and what China’s trading partners are reporting.

So if you look at the figures of China, exports are still growing. If you look at the trade figures China exports to Taiwan, so China records exports of so and so much. The Taiwan report imports from China at a much lower level. So which figures are more reliable? I think the figures of the trading partners of China are more reliable. And they would suggest that growth has slown down 

 

 

Governments will always publish the statistics that they wish to show irrespective whether that is in China or in other countries. Governments control basically the statistical offices, so they can show whatever they want. As Stalin said, it’s not important who votes but who counts the votes. And the government counts the statistics.

 

 

 

I think that investors are not sufficiently aware that the Chinese economy is far more important for emerging economies like South Africa than the United States because China is a large importer of resources. In other words, iron ore, copper, zinc. And at the same time, they are a huge exporter to South Africa of their own manufactured goods.

So if the Chinese economy slows down, commodity prices, industrial commodity prices are likely to remain under pressure. They already came down a lot. They remain under pressure and the resource producers have less money. In other words, the South Africa goes into a recession. The Middle East does not grow as much as before. South Africa and so forth all contract, and then they buy less from China and you have a vicious cycle on the downside.

 

Keep an eye on Tencent and BHP

 

Hi S,

 

I think it's back to buying the dips now until she tops in April, agree with you and Zoomer on the major top but not yet...with an engulfing candle in the making on the weeklies we are in the same setup as December and she can start running fast towards new highs and beyond!

 

Today's turnaround shows Fed going to surprise the markets with something green....!

 

Just my 2c

 

A

Edited by Argento, 18 March 2014 - 01:59 PM.