BLOOD IN THE STREET

ALSI Trades
#23281
Posted 04 February 2014 - 01:16 AM
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
#23282
Posted 03 February 2014 - 11:19 PM
I see the US following suit today (and IG same tonight): down, up, down....
Nope, down, down, down...
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#23283
Posted 03 February 2014 - 10:36 PM
Ta ..but I have had a absolutely horrendous start to the new trading year..I think im down to 3 out of ten winning trades compared to over 85% over the whole of last year..Maybe too much trifle and too little homework..This market is driving me up the wall!
That's very brave of you Chubby, but we value your input here so we don't want you to sit out on the street so please take it easy on those longs we are already sitting at 40,000 on IG
Any takers at 39,953?
#23284
Posted 03 February 2014 - 10:28 PM
lmao
Lmao...finally something I can smile about..Well that and the fact that i just finished amending my limit order to 42000
Am I nuts or just insane? Rhetorical question! no replies allowed!
Wait... I just caught the tail-end of this... Are you long for 42k?
#23285
Posted 03 February 2014 - 10:10 PM
chinA STILL CLOSD THO
Hmmm, ja, in general one would expect with > 500 down after hours some long opportunity at pre opening. Let's see what the east does.
Should not type with a tinkie in hand ....

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#23286
Posted 03 February 2014 - 10:07 PM
Can I just say: I am playing the "what if I haven't closed my shorts" scenario over and over and over and over in my head.... Dammit!
This is "the one that got away" !
*edit* The last time we opened down gap 1% lower we rallied to be evens for the day... That was the 2nd week in Jan.
Hmmm, ja, in general one would expect with > 500 down after hours some long opportunity at pre opening. Let's see what the east does.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#23287
Posted 03 February 2014 - 09:58 PM
Can I just say: I am playing the "what if I haven't closed my shorts" scenario over and over and over and over in my head.... Dammit! This is "the one that got away" !
*edit* The last time we opened down gap 1% lower we rallied to be evens for the day... That was the 2nd week in Jan.
Edited by AJS, 03 February 2014 - 10:00 PM.
#23288
Posted 03 February 2014 - 09:55 PM
#23289
Posted 03 February 2014 - 09:41 PM
I will grab some big longs at 40000..we might be oversold a bit..Waited 3 days for this washout....Will sit tight ..or sit out on the street! If you dont hear from me ever again..you know why!
Any brave long souls
That's very brave of you Chubby, but we value your input here so we don't want you to sit out on the street so please take it easy on those longs we are already sitting at 40,000 on IG
#23290
Posted 03 February 2014 - 09:23 PM
only 1 gold stock left in Top40 ie ANG, with R60bn market cap...I am afraid it will not be enough to save the day for the indexRand weakened & gold is up too... + for the T40... I'm not buying, it's just that the T40 is a different animal
#23291
Posted 03 February 2014 - 09:11 PM
Down and up....ouch.
Flip... Having lost out on money is worse than an actual loss!
I feel with you!!! Today alone 800 points:( but we''ll get more opportunities.
#23292
Posted 03 February 2014 - 09:09 PM
Rand weakened & gold is up too... + for the T40... I'm not buying, it's just that the T40 is a different animal
#23293
Posted 03 February 2014 - 09:02 PM
#23294
Posted 03 February 2014 - 08:41 PM
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#23295
Posted 03 February 2014 - 08:26 PM
Down and up....ouch.
Flip... Having lost out on money is worse than an actual loss!
#23296
Posted 03 February 2014 - 07:57 PM
Great.... I did get a piece of this short! NOT!
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Down and up....ouch.

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#23297
Posted 03 February 2014 - 07:36 PM
Plasma.... my advise is: DO NOT TRADE ALSI (Top40). It is toxic! Heavy sell-off, decent pick-up just to sell-off further. Feels like the Cape's 4-seasons-in-one-day scenario.
<shaking head>
You mos a BB man .....my IGM dallies show the bottom BB band being pushed down, with the next resistance level being 39 825 ish. Also on the weeklies, the BB MA has been breached. Now, either it may bounce off the BB lower band or continue downwards. The nature of the dally candle shows that bears is more in control, and together with the fact that the previous resistance level has been broken, the probability for some more downward action might hurt bullish sentiment...
We now have the 2nd leg down on the dailies, already 4 red candles where the last one seems likely to have a close at the bottom. Lets see .....
Me not trading atm ... but my paper trading today would have bagged me 300 pips.....if it could only become that simple in my head ....no premature closing on paper
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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#23298
Posted 03 February 2014 - 07:13 PM
Great.... I did get a piece of this short! NOT!
#23299
Posted 03 February 2014 - 07:11 PM
now 1756 . this dip under 1770 could be a final shake out of stale longs before a move higher ( however, a dip under 1,770 could do more than trigger one last wave of stop-loss selling, it could trigger another avalanche of emotional selling)
S&P 1757ish now !!!!
This is a moer of a shake!
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#23300
Posted 03 February 2014 - 06:57 PM
S&P 1757ish now !!!!
now 1756 . this dip under 1770 could be a final shake out of stale longs before a move higher ( however, a dip under 1,770 could do more than trigger one last wave of stop-loss selling, it could trigger another avalanche of emotional selling)