35854 replies to this topic

[Argento]

Is that a little bull flag at the top of the hourlys? Let's see which side it breaks to..

Down!

 

A

Edited by Argento, 11 February 2014 - 02:26 PM.

[K~~]

Bull flag?

Attached Files

•  South Africa 40 Futures(Hourly)20140211142205.png   27.31KB   18 downloads

[K~~]

Is that a little bull flag at the top of the hourlys? Let's see which side it breaks to..

[Argento]

This year my main focus point will be to let the market show me when she turns...don't assume anything with her as that will be futile to your account!

 

For now let the longs run!

 

A

Looks like we have a signal for a mini correction..but bigger trend is still up (weekly reversal candle)!

 

A

[warnerbroers]

long at 41360

[Beorn]

I'm long @ 41390

[K~~]

If only this bull with the thick wallet can stop buying at 41500, then the bears are set! 

[Lekkerry]

I just can't get my trading-me to enter a long here. That 1000 point SL short is a more comfortable trade, but sanity prevails. I can, will and must wait, for now.

 

As said before, no position is also a position.

[OceanWalz]

This year my main focus point will be to let the market show me when she turns...don't assume anything with her as that will be futile to your account!

 

For now let the longs run!

 

A

that sounds like sound advice to us all- in effect your'e saying like some big trader " ..take care of the risk and the profits will take care of themselves!" 

[Lekkerry]

me thinks that will be the lessor of concerns   

 

(but your comment is correct)

 

 well, you have a good point ( but are the interest on T40 short cancelled by possible dividends you might have to pay in??)

[OceanWalz]

H&S on 5 min chart - neckline 41500. Break down, please...

hourly turning red - so possible , likely, hopefully  - else I am wrong and will get out.

[Argento]

This year my main focus point will be to let the market show me when she turns...don't assume anything with her as that will be futile to your account!

 

For now let the longs run!

 

A

[K~~]

H&S on 5 min chart - neckline 41500. Break down, please...

[snoop]

I look forward to the bulls that buy in now squirming when they get crushed. But, I'm not going short yet.

What's your reasoning on not going short more upside still what's your indicator

[OceanWalz]

short at 600 as well..target 41100 O?

the S&P500 F's reached 1803ish  max jsut now wh is about 1809 on S&P 500 spot - think there is reasonable potential to go to 1813 in tonites session - and even then I dont want to get too short eager (will watch for rally volumes if I can) - too much potential for strong short coverings with everyone short. 

 

so I am watching carefully for an hour reversal down sign to keep short or close it. even so 41100 is a fair inter-day target for me and will likely close short say 2- to 40 points above this so not to be greedy - but if hourly not red then will probably go long again to ride alongside we going up to S&P500 ticks higher to 1813/15

[K~~]

bit optimistic dont you think but I hope u get it 

Not today, but certainly in the days/weeks ahead! 

[K~~]

short at 600 as well..target 41100 O?

Target 40000 

[OceanWalz]

Call me a tad crazy, but I am contemplation a short with a 1000 point SL at these levels.

 

... At least I'll be getting short interest..

 well, you have a good point ( but are the interest on T40 short cancelled by possible dividends you might have to pay in??)

[K~~]

Short @41630.

[Lekkerry]

Call me a tad crazy, but I am contemplation a short with a 1000 point SL at these levels.

 

... At least I'll be getting short interest..