31 votes
The Artist
Posted 30 December 2013 - 09:30 AM
Lets say for argument sake it breaks the 6/7 Nov high will you still short or stay out for a bit?
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If she makes a tiny new high (what I actually expect) it will be bearish and more reason to short due to the position of the weekly MACD (negative divergence)!
By the looks of things she might reach it today or tomorrow already...if the case you can be sure the selling will start on the 02nd!
A
"Never never never give up!"
Sage
Posted 30 December 2013 - 09:25 AM
Oh yay me! I posted my 1000th post this morning, only see it now!! 
Spammer FTW!
Sage
Posted 30 December 2013 - 09:22 AM
Want to squeeze at least another 100pips out of this one.
Advanced Member
Posted 30 December 2013 - 09:19 AM
Added a 2nd short @ 41585
Master
Posted 30 December 2013 - 09:17 AM
Added to short @41165.
Added more shorts @41323
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Advanced Member
Posted 30 December 2013 - 09:13 AM
Magnet it is!
I suppose that previous November high will act as a magnet...
Advanced Member
Posted 30 December 2013 - 09:11 AM
Short @ 41500
Sage
Posted 30 December 2013 - 09:09 AM
Went long, targeting previous high.
Just another 150-odd points or so. 
Edited by AJS, 30 December 2013 - 09:11 AM.
Master
Posted 30 December 2013 - 08:46 AM
Added to short @41165.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Sage
Posted 30 December 2013 - 08:39 AM
Hoping for a small pullback after the big run on Friday to get rid of the short I took late Friday afternoon. Will be interesting to see if the expectations of a double top will materialize .....
Will be interesting indeed to see how it plays out yes.
Little Master
Posted 30 December 2013 - 08:11 AM
I suppose that previous November high will act as a magnet...
Hoping for a small pullback after the big run on Friday to get rid of the short I took late Friday afternoon. Will be interesting to see if the expectations of a double top will materialize .....
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Silfen Path Wanderer
Posted 30 December 2013 - 08:01 AM
I suppose that previous November high will act as a magnet...Hoping for a small pullback after the big run on Friday to get rid of the short I took late Friday afternoon. Will be interesting to see if the expectations of a double top will materialize .....
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
Sage
Posted 30 December 2013 - 07:55 AM
I suppose that previous November high will act as a magnet...
Sage
Posted 30 December 2013 - 06:45 AM
For the grey heads out there, do you trade in your personal capacity or through an entity? And why? Thanks
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When you say through an entity you mean non-discretional I presume? For men, the fun lies in doing the analyses, looking at the charts, putting together your own strategy and seeing it pay off. I like managing my money myself.
But hey, who am I to comment, I am not a grey head by a looong shot!
Entity - Pty or Cc
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Little Master
Posted 29 December 2013 - 11:22 PM
For the grey heads out there, do you trade in your personal capacity or through an entity? And why? Thanks
Sent from my GT-P5100 using Sharenet Sharechat mobile app
When you say through an entity you mean non-discretional I presume? For men, the fun lies in doing the analyses, looking at the charts, putting together your own strategy and seeing it pay off. I like managing my money myself.
But hey, who am I to comment, I am not a grey head by a looong shot!
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Sage
Posted 29 December 2013 - 10:56 PM
For the grey heads out there, do you trade in your personal capacity or through an entity? And why? Thanks
Sent from my GT-P5100 using Sharenet Sharechat mobile app
When you say through an entity you mean non-discretional I presume? For men, the fun lies in doing the analyses, looking at the charts, putting together your own strategy and seeing it pay off. I like managing my money myself.
But hey, who am I to comment, I am not a grey head by a looong shot!
Edited by AJS, 29 December 2013 - 10:56 PM.
Little Master
Posted 29 December 2013 - 07:56 PM
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Sage
Posted 28 December 2013 - 01:10 PM
Lets say for argument sake it breaks the 6/7 Nov high will you still short or stay out for a bit?
Sent from my GT-P5100 using Sharenet Sharechat mobile app
Come 2nd of Jan I want to be in either of two positions: Short or in cash.
Little Master
Posted 28 December 2013 - 12:49 PM
Thanks A!
Can't wait for the second installment of your Red Hanger Sale!
I got myself a sexy little short that I liked before the sale started (might have paid a little too much, but so what!)
K
Got yourself a short or skirt?
To think going to give all this green back in Jan...!
A
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
The Artist
Posted 27 December 2013 - 04:03 PM
Thanks A!
Can't wait for the second installment of your Red Hanger Sale!
I got myself a sexy little short that I liked before the sale started (might have paid a little too much, but so what!)
K
Got yourself a short or skirt?
To think going to give all this green back in Jan...!
A
"Never never never give up!"
