35854 replies to this topic

[Plasma]

Really irks me when this happens...observe the red candle at 1000 on 5 min chart. Long tails and bottom tail closed my long....damn....thereafter nice and relatively contained candles.

[Argento]

Have a slightly different interpretation of the charts into the the next 2 weeks with our bottom or near bottom already being put in for a rally into the 13th. SP500 to get close to 1820 in that time before she takes a hit to 1790 area. 

 

Also love trading the top40 because its so challenging but would like to trade the SP500 once I get the hang of our markets in a few years time

These zig zag downtrends usually end in an impulsive down move, and with the level of counter moves you can be sure of a impulsive decline ahead of note...thing is US charts are very overbought and leading indicators saying they are close to a top, just don't see us rallying if they join the red express!

 

Might see some upside from now into tomorrow but only a countermove...

 

Just my 2c..

 

A

Edited by Argento, 26 November 2013 - 10:26 AM.

[Argento]

Safe to say that bar some asian indices and maybe the CAC40, it is the most difficult indices to trade?

I would very much say so..because sometimes we are just not insink with the rest and why it is so important to know her charts!

 

That is why I only trade the TOP40...but can work like S if you hedge trading other markets!

 

US so close on giving a sell signal...should then join the bear party!

 

We should find a medium term bottom around mid December as the 7/8 week cycle low is then and seasonal santa should create some sort of rally...but the pain should continue after into end of January!

 

A

[Argento]

Vasilli trend is your friend and those with big ones always buy the dip and make a ton of cash.

This market is now sell the rallies...need to know your charts before you start trading her,she can bite!

 

A

[fabes]

buckle up. we going to 40000...

[K~~]

40100-ish was not breached yesterday. The Bears remain firmly in control. She may test Fridays' low again.

[bear catcher]

Vasilli trend is your friend and those with big ones always buy the dip and make a ton of cash.

[Red]

Good Morning guys/girls, I am looking into trading the alsi, I am not new to trading but new to trading the alsi, I hope u can give me some pointers like what is important to focus on. What days are the best to trade? Is the open important? What days to stay out? What drives the alsi? Hope to hear from u.

 

Thanks

[Tech Trader]

Reason why wall street goes up and we go down is simple, we made our high for now, wall street only reaching its high, and about to start what alsi currently trending

[Tech Trader]

weekly technicals turning towards downside, dont ignore important signs, bounces are normal while daily (signal) on macd reaches 0 horizantal, if going to shoot back up (alsi) then market need to turn at this level, if this level breaks to downside, then 37800 is a short term target to downside, if weekly charts keeps downside momentum, then long term traget 36000. As things reach these levels, 400 to 1000 point moves are normal in a day, to downside and upside

[fabes]

The fact that we sold off so heavily from last week bothered me so i have been doing a little research over the weekend..Definatley exchange related I think. We put in our last all time high when the rand was trading  at about 10.40..had a look back at all the Life time highs and and all our correction lows and definately coincides with R/$ strength/weakness. If you superimpose the two its actually identical in trends. Zerohedge was correct when he posted over the weekend.
Points to our Dual listed Rand hedge stocks as the culprits

There is some correlation, but not exactly. Seems as if the exchange is following more than leading the J200.

If this is true we should see some good movement up tomorrow. See what it does.

[fabes]

US dropping so buckle up guys and hold on were going down.

Careful... I think we''ll see some green candles tomorrow. US dropped very little and still at highs.

Sent from my GT-P3100 using Sharenet Sharechat mobile app

[bear catcher]

US dropping so buckle up guys and hold on were going down.

[pjr@]

The story sourced....

 

http://caldaro.wordpress.com/

 

Take your daily medicine from this box!

[Olymphia]

I'm around
 
I have a 0.5 spread on Dax.
Scalping it since morning. 2,3pips per trade
In and out fast
Made more than 100 trades scalping it today

Well done S, u da man....

[Redeemer]

Ha ha ha ha...is this your second theory, after the "Buy-die-dip Theory"

 

 

Regular s&x makes better trader

[Sunesis]

mean machine!

High tetestorone

 

Regular s&x makes better trader

[Redeemer]

mean machine!

 

In and out fast

Made more than 100 trades scalping it today

[Sunesis]

Point noted.

Where r u S?

O

I'm around

 

I have a 0.5 spread on Dax.

Scalping it since morning. 2,3pips per trade

In and out fast

Made more than 100 trades scalping it today

[Olymphia]

Its a valid strategy and one that would have made you lots of money I meant that I should be focusing more on the charts

Point noted.

Where r u S?

O