I don't trade SA40 anymore.
I will only share international indices here.
Buy Dow 16463 TP16560
Buy Dax 9420 TP9560
Hold on, we we going home
Posted 06 January 2014 - 01:30 PM
I don't trade SA40 anymore.
I will only share international indices here.
Buy Dow 16463 TP16560
Buy Dax 9420 TP9560
Hold on, we we going home
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 12:54 PM
I will cut my shorts for some green if she reclaims and holds 41150 (spot)
Will then look for another short entry higher up.
K
Looking to short at 41200
bearish flag forming...
But I'm only a humble student subject to correction.
Posted 06 January 2014 - 12:43 PM
I will cut my shorts for some green if she reclaims and holds 41150 (spot)
Will then look for another short entry higher up.
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 06 January 2014 - 11:42 AM
Thanks S. You must be smiling with your Offshore converted ZARs !!! Dax/Ftse still red -
Hold On we going home "Drake"
The day is not over yet. You must trade till US close. Don't worry what happens before US opens.
SA40 is a different beast.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 11:17 AM
I see SA40 is getting hammered.
ZAR will be toilet paper soon. My USD account just increased in value, USD/ZAR over R10.70 now.
R10.90 next target.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 11:13 AM
We had a false break up, a mean reversal candle on the weeklies together with negative divergence...and lastly I see this consolidation phase since Nov as primary wave 4 down (last leg kicked off)..so she might just go lower than 39500!
I see her possibly targeting our daily 200 around 38000, but will see when we get to the 21st!
You said blue hey...
A
Any colour you like!
My aggregate short position is already GREEN, and more to come!
Think you're a bit optimistic on the downside, she doesn't usually go down to the daily 200 until the 2nd/3rd quarter!
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 06 January 2014 - 11:12 AM
Thanks S. You must be smiling with your Offshore converted ZARs !!! Dax/Ftse still red -
Don't worry, the day/night is still long.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 11:04 AM
Great now that you have joined the Bear Army, Argento!
Hope she can crack that 41400 (futures) / 41150 (spot) neckline for a nice plunge!
Your target for the 21st still intact?
K
We had a false break up, a mean reversal candle on the weeklies together with negative divergence...and lastly I see this consolidation phase since Nov as primary wave 4 down (last leg kicked off)..so she might just go lower than 39500!
I see her possibly targeting our daily 200 around 38000, but will see when we get to the 21st!
You said blue hey...
A
Edited by Argento, 06 January 2014 - 11:05 AM.
"Never never never give up!"
Posted 06 January 2014 - 10:56 AM
Bulls might even push for a move above 1841 on S&P.
For now i am enjoying the Dow and Dax rise up
Thanks S. You must be smiling with your Offshore converted ZARs !!! Dax/Ftse still red -
Posted 06 January 2014 - 10:48 AM
Great now that you have joined the Bear Army, Argento!
Hope she can crack that 41400 (futures) / 41150 (spot) neckline for a nice plunge!
Your target for the 21st still intact?
K
Come on ALSI! Stop being so hardkoppig... Such a thick neck...
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 06 January 2014 - 10:34 AM
Morning S, was afraid the offshore stock lights would keep you away from writing here. So you see forces today pushing the S&P to 1839ish as retest for bull/bear control?? - do you see higher than that? I will become bullish after stay above at that level for retest of previous highs on ALSI too
Bulls might even push for a move above 1841 on S&P.
For now i am enjoying the Dow and Dax rise up
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 10:29 AM
I don't trade SA40 anymore.
I will only share international indices here.
Buy Dow 16463 TP16560
Buy Dax 9420 TP9560
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 10:27 AM
My selling the rallies starting 1st Jan worked well.
Today i've bought DAX and Dow.
Dow will test the highs tonight and Dax will follow.
They might pull SA40 with.
Morning S, was afraid the offshore stock lights would keep you away from writing here. So you see forces today pushing the S&P to 1839ish as retest for bull/bear control?? - do you see higher than that? I will become bullish after stay above at that level for retest of previous highs on ALSI too
Posted 06 January 2014 - 10:18 AM
Morning O,
Nope, that bearish weekly reversal candle says it all and seasonals are also down..so sell the rallies!
Think there is a big drop coming...that negative divergence on the weeklies still a factor!
And thanks David...was a short break!
A
Great now that you have joined the Bear Army, Argento!
Hope she can crack that 41400 (futures) / 41150 (spot) neckline for a nice plunge!
Your target for the 21st still intact?
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 06 January 2014 - 10:18 AM
My selling the rallies starting 1st Jan worked well.
Today i've bought DAX and Dow.
Dow will test the highs tonight and Dax will follow.
They might pull SA40 with.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 06 January 2014 - 10:18 AM
IMO this December rally is nothing but smoke and mirrors.
That does not mean it cant go any further, but I will be waiting for a nice short opportunity.
US 10 year bond is @ 3%. Should be bearish for stocks.
I will wait for the big guys to get back from holiday, then start picking away @ a short.
I am also short, as per my post in December.
I might have been a bit late, but didn't expect a drop before today.
Edited by Jakes, 06 January 2014 - 10:19 AM.
Alsi future
I only post my views, not advice
Posted 06 January 2014 - 09:52 AM
Morning A, you dont see a possible retest of highs before then?
Morning O,
Nope, that bearish weekly reversal candle says it all and seasonals are also down..so sell the rallies!
Think there is a big drop coming...that negative divergence on the weeklies still a factor!
And thanks David...was a short break!
A
"Never never never give up!"
Posted 06 January 2014 - 09:23 AM
Short @ 41735 and sitting tight into the 21st!
A
Morning A, you dont see a possible retest of highs before then?
Posted 06 January 2014 - 09:22 AM
Short @ 41735 and sitting tight into the 21st!
A
welcome back...
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 06 January 2014 - 09:11 AM
Bears are closing in and if we close bit further down this weekly reversal candle says it all...watch down below!
Looks like the army have arrived...little too late for me!
A
Short @ 41735 and sitting tight into the 21st!
A
"Never never never give up!"