What do you guys reckon is gonna bring us down? From my perspective, the downside is extremely week. All indices are green, so I don't see how we can make a new low today. make by end of the week.Also searching for that answer.....US futures very green ...
31 votes
ALSI Trades
Started by
Plasma
, Apr 03 2013 09:05 PM
35854 replies to this topic
#24541
Plasma
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Posted 07 January 2014 - 02:03 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
#24542
fabes
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Little Master
Posted 07 January 2014 - 01:34 PM
What do you guys reckon is gonna bring us down? From my perspective, the downside is extremely week.
All indices are green, so I don't see how we can make a new low today. make by end of the week.
#24543
K~~
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Master
Posted 07 January 2014 - 01:14 PM
seemed to have failed now twice to break through 350 spot + lower highs on Stock and MACD 5min
If she does break 41400, a short squeezy type move may push her up quickly...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#24544
fabes
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Little Master
Posted 07 January 2014 - 12:35 PM
Now its starting to look like bears are gaining control. Although I'm not sold yet...
#24545
davidp13
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Little Master
Posted 07 January 2014 - 12:09 PM
If the Bulls regain and hold 41400 (spot) then there could be more upside. Anything below that is OK for the Bears.
K
seemed to have failed now twice to break through 350 spot + lower highs on Stock and MACD 5min
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#24546
AJS
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Posted 07 January 2014 - 12:08 PM
Looks like a bearish cross on daily MACD coming up as well.
"Trade what you see, not what you think"
#24547
AJS
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Posted 07 January 2014 - 12:01 PM
I'm out of short. Look at the 1 min graph the whole morning. Its just green. For every red candle five green appears. The trend seems to be upward on very short term.
If you zoom out a bit the picture looks a bit different 
"Trade what you see, not what you think"
#24548
fabes
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Little Master
Posted 07 January 2014 - 12:00 PM
Don't mind zig zag movements, but for me you must trade then with the trend. we slowly grinding upwards and not downwards. If one should scalp right now, you can make more money with being long then short.
#24549
fabes
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Little Master
Posted 07 January 2014 - 11:55 AM
If the Bulls regain and hold 41400 (spot) then there could be more upside. Anything below that is OK for the Bears.
K
I'm out of short. Look at the 1 min graph the whole morning. Its just green. For every red candle five green appears. The trend seems to be upward on very short term.
#24550
K~~
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Master
Posted 07 January 2014 - 11:50 AM
Seems to me like the bears are struggling. And we are making higher highs and higher lows in the very short term.
If the Bulls regain and hold 41400 (spot) then there could be more upside. Anything below that is OK for the Bears.
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#24551
fabes
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Little Master
Posted 07 January 2014 - 11:41 AM
Seems to me like the bears are struggling. And we are making higher highs and higher lows in the very short term.
#24552
fabes
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Little Master
Posted 07 January 2014 - 11:33 AM
Changes are very good she is going to run down along the downtrend line on the graph, other line is the H&S neckline that broke yesterday and should make a backtest...!
Once she makes a new low she will keep coming back to the downtrend line until we have the final washout drop around the 21st!
The weekly reversal candle should make you sleep like a baby with your shorts!
A
Was that retest enough A?
#24553
fabes
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Little Master
Posted 07 January 2014 - 10:29 AM
Changes are very good she is going to run down along the downtrend line on the graph, other line is the H&S neckline that broke yesterday and should make a backtest...!
Once she makes a new low she will keep coming back to the downtrend line until we have the final washout drop around the 21st!
The weekly reversal candle should make you sleep like a baby with your shorts!
A
I love you A!!! Lol. Wow. Thats the candles I've been waiting to see whole morning. Now I'll keep them and sleep like a baby.
#24554
Argento
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Posted 07 January 2014 - 10:26 AM
You are looking at a 30Min chart ranging from about end Nov 13 to now.
Cheers
A
"Never never never give up!"
#24555
AJS
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Posted 07 January 2014 - 10:20 AM
Can i kindly have the period on your graph?
You are looking at a 30Min chart ranging from about end Nov 13 to now.
"Trade what you see, not what you think"
#24556
Lamarje
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Posted 07 January 2014 - 10:18 AM
Changes are very good she is going to run down along the downtrend line on the graph, other line is the H&S neckline that broke yesterday and should make a backtest...!
Once she makes a new low she will keep coming back to the downtrend line until we have the final washout drop around the 21st!
The weekly reversal candle should make you sleep like a baby with your shorts!
A
Can i kindly have the period on your graph?
But I'm only a humble student subject to correction.
#24557
Argento
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Posted 07 January 2014 - 10:05 AM
Thanks A. I took another short lower down this morning and one by mistake, so I'm a little nervous. I can atleast hold them, but with the Alsi that can change her mind at any time, I am always cautious.
Changes are very good she is going to run down along the downtrend line on the graph, other line is the H&S neckline that broke yesterday and should make a backtest...!
Once she makes a new low she will keep coming back to the downtrend line until we have the final washout drop around the 21st!
The weekly reversal candle should make you sleep like a baby with your shorts! 
A
"Never never never give up!"
#24558
fabes
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Little Master
Posted 07 January 2014 - 10:05 AM
Short @ 41500
Nervous @ 41500. LOL.
See we having some downward movement. Now I can breathe again. 
#24559
Beorn
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The Oracle
Posted 07 January 2014 - 09:55 AM
Short @ 41500
Alsi future
I only post my views, not advice
#24560
fabes
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Little Master
Posted 07 January 2014 - 09:34 AM
Market doesn't fall in a straight line....she will zig zag down!
This early morning rally actually bearish...clever money trades at the close!
A
Thanks A. I took another short lower down this morning and one by mistake, so I'm a little nervous. I can atleast hold them, but with the Alsi that can change her mind at any time, I am always cautious.
