Jump to content


Photo
* * * * - 31 votes

ALSI Trades

Started by Plasma , Apr 03 2013 09:05 PM

  • Please log in to reply
35854 replies to this topic

#24301 HDB

HDB

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 5,229 posts
  • LocationBy the sea

Posted 10 January 2014 - 09:25 PM

That IG tracks the DOW plus some crazy IG made spread?

 

Ig does not track the Dow...Ig tracks the FTSE adjusted for the British Pound exchange rate!! Most times if exchange rate is same, if FTSE goes up one point, we go up 6!! I have closely monitored this and have come to this conclusion. Therefore today although Dow is down, the FTSE futures are up 17 points on IG and hence we also up!! Therefore i agree with Lekkery!!

 

I have been playing the Alsi last 2 months and one thing i noticed...Forget the rand/dollar exchange rate. Always have the Pound/Rand exchange rate chart open in front of you before you make any trades!!This is the main driver for the Alsi!!A one cent increase in the pound exhange rate sees about 23 points adjusted to the Alsi!!

 

Hope this helps!


Edited by HDB, 10 January 2014 - 09:28 PM.

  • 0

HDB

The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!

#24302 davidp13

davidp13

    Little Master

  • Members
  • PipPipPipPip
  • 654 posts

Posted 10 January 2014 - 09:05 PM


And, your conclusion?

 
That IG tracks the DOW plus some crazy IG made spread?

Remove stops if you have shorts around 41k and put back monday before 0830. All depending on your risk appetite and account. The current range is the range + lower but not a hell of a lot higher.

A called it again today.
  • 0

I find trading like body surfing, catch the right one and you will make it all the way to the beach.

#24303 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 08:47 PM

And, your conclusion?

 

That IG tracks the DOW plus some crazy IG made spread?


  • 0
"Trade what you see, not what you think"

#24304 Lekkerry

Lekkerry

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,608 posts
  • LocationZA

Posted 10 January 2014 - 08:38 PM

And, your conclusion?

 

I've watched a couple of times per tick for the DOW and how IG reacts.


  • 0

From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D

#24305 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 08:34 PM

IGM not "tracking" the States, rather the European markets atm.

 

ALSI seems to have disconnected from US for now (the past couple of days).

 

Well, it has to do "something" after hours, where is the price being "made"?  I've watched a couple of times per tick for the DOW and how IG reacts.

 

I mean, if IG can put a 30bps spread in after hours, surely they can spike the system as well?


Edited by AJS, 10 January 2014 - 08:35 PM.

  • 0
"Trade what you see, not what you think"

#24306 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 08:33 PM

What am I missing...Dow red and S&P red, but IGM at highest after hours???

 

That is IG trying to shake some shorts!


  • 0
"Trade what you see, not what you think"

#24307 Lekkerry

Lekkerry

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,608 posts
  • LocationZA

Posted 10 January 2014 - 08:32 PM

IGM not "tracking" the States, rather the European markets atm.

 

ALSI seems to have disconnected from US for now (the past couple of days).

 

What am I missing...Dow red and S&P red, but IGM at highest after hours???


  • 0

From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D

#24308 Plasma

Plasma

    Silfen Path Wanderer

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,286 posts
  • LocationSilvergalde

Posted 10 January 2014 - 08:01 PM

What am I missing...Dow red and S&P red, but IGM at highest after hours???
  • 0

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#24309 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 05:44 PM

That a boy, come on home ZAR!


  • 0
"Trade what you see, not what you think"

#24310 OceanWalz

OceanWalz

    Master

  • Senior Member
  • PipPipPipPipPip
  • 762 posts
  • LocationJHB

Posted 10 January 2014 - 05:27 PM

Thanks A! thats a long down from here - S&P have a reasonable chance to go up by a bit today , but the  drop lower is larger number of pts.


  • 0

#24311 Sunesis

Sunesis

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,781 posts

Posted 10 January 2014 - 05:26 PM

I just want this market to breakout to the upside

 

 

Go Bullle :P  :P  :P  :P  :P


  • 0

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

#24312 Sunesis

Sunesis

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,781 posts

Posted 10 January 2014 - 05:15 PM

Gold is moving up.

 

Gold miners should be green on Monday

 


  • 0

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

#24313 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 10 January 2014 - 05:01 PM

Hi A, when you say 21/22 do you mean Dec 21 lows ? or 2100 to 2200 pts down from highs which would be same about as Dec lows.  ?? Thanks and enjoy the weekend

Hi O,

 

Looking for the low around the 21/22 January!

 

Still think she is aiming for her daily 200 moving average that should be around 38150 futures at that stage...!Then a long opportunity of a lifetime should present itself!

 

Enjoy yours too!

 

A


  • 0

"Never never never give up!"



 


 

 
 

 

#24314 OceanWalz

OceanWalz

    Master

  • Senior Member
  • PipPipPipPipPip
  • 762 posts
  • LocationJHB

Posted 10 January 2014 - 04:53 PM

Hi A, when you say 21/22 do you mean Dec 21 lows ? or 2100 to 2200 pts down from highs which would be same about as Dec lows.  ?? Thanks and enjoy the weekend


  • 0

#24315 Sunesis

Sunesis

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,781 posts

Posted 10 January 2014 - 04:36 PM

I'm buying Dax and Dow


  • 0

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

#24316 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 04:18 PM

Sorry for the busy chart, try to "read between the lines".  Looks like we bumped at the top of the channel again?

Attached Files


  • 0
"Trade what you see, not what you think"

#24317 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 04:16 PM

NFP is not the number for 2014

 

CPI is the number

 

But then again S, as you pointed out when I made the comment in December that CPI is now the be-all: They can't create inflation without jobs.

 

But December was always going to be a little "freak" I think.  But if NFP misses estimates down the line it seems like a though cookie.


  • 0
"Trade what you see, not what you think"

#24318 fabes

fabes

    Little Master

  • Junior Member
  • PipPipPipPip
  • 620 posts

Posted 10 January 2014 - 04:11 PM

Vark steaks!! 

 

Thanks, now I need a pace maker since my heart just maxed out! :P

lmao. you know your shorts are safe. just in case you still in the dark it;s at 40890 now.

 

Guys have a good weekend. make more money next week. ;)


  • 0

#24319 fabes

fabes

    Little Master

  • Junior Member
  • PipPipPipPip
  • 620 posts

Posted 10 January 2014 - 04:10 PM

Vark steaks!! 

 

Thanks, now I need a pace maker since my heart just maxed out! :P

lmao. you know your shorts are safe. just in case you still in the dark it;s at 40890 now.

 

Guys have a good weekend. make more money next week. ;)


  • 0

#24320 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 10 January 2014 - 04:05 PM

alsi now at 41400. lol'

 

just kidding.

 

Vark steaks!! 

 

Thanks, now I need a pace maker since my heart just maxed out! :P


  • 0
"Trade what you see, not what you think"
Back to ShareChat



Sponsored by Sharenet and VPSNine Linux VPS Hosting
  1. ShareChat
  2. → ShareChat
  3. → ShareChat
  4. Privacy Policy