This C leg is getting speed now...5H macd made a new low and price broke the 200 moving average (red line)...so buckle up!
See graph for my target next week....is also where the 21 weekly moving average lies!
A
Posted 22 November 2013 - 01:18 PM
This C leg is getting speed now...5H macd made a new low and price broke the 200 moving average (red line)...so buckle up!
See graph for my target next week....is also where the 21 weekly moving average lies!
A
"Never never never give up!"
Posted 22 November 2013 - 01:18 PM
With last night's bounce I never in my wildest imagination thought we would be where we are now. US markets holding strong at high levels.
Posted 22 November 2013 - 01:14 PM
Posted 22 November 2013 - 01:13 PM
We ought to have an indicator that looks at the number of posts per hour on the forum ;-)
Long almi at 39768, if it drops under the s2 I may seriously consider flipping. I think it will go back up at least to the pivot around 40100ish, anyones guess what it does after that.
and I've flipped at 39558 probably foolishly...
Hindsight being 20/20 and all, I should of waited to see what it did around s2. We might go up now!
"Attitude produces better overall results than analysis or technique, of course the ideal situation is to have both, but you really don't need both, because if you have the right attitude the right mindset then everything else about trading will be relatively easy even simple and certainly a lot more fun." - Mark Douglas, Trading in the Zone.
Don't listen to me, I'm a market Rookie.
Posted 22 November 2013 - 01:08 PM
my stop hit took another long @ 39480
S, what is the point of having a stop if you open another long only 20 points down? That's the average spread.. Could just as well have left one long open?
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 22 November 2013 - 01:05 PM
Had to go back 6 pages to find this post!
Stopped out @39500. No catastrophic loss to my account (2%)
K
That's good. At least you know how to manage. stop being hit is part of trading.
We cant win everyday
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 November 2013 - 01:03 PM
DO you guys think it can reach 39000 today?
But I'm only a humble student subject to correction.
Posted 22 November 2013 - 01:02 PM
my stop hit took another long @ 39480
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 November 2013 - 01:01 PM
Added another long @40029.
Had to go back 6 pages to find this post!
Stopped out @39500. No catastrophic loss to my account (2%)
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 22 November 2013 - 01:01 PM
Posted 22 November 2013 - 12:59 PM
Posted 22 November 2013 - 12:57 PM
all the markets are selling off now.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 November 2013 - 12:56 PM
yhoo-oo, this is deeep dip!
Posted 22 November 2013 - 12:56 PM
Posted 22 November 2013 - 12:54 PM
My money is gone.
whaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 November 2013 - 12:53 PM
I have taken a small spec long @ 39774
Will keep an eye on it though.
Stopped out fairly quikly
Alsi future
I only post my views, not advice
Posted 22 November 2013 - 12:48 PM
Posted 22 November 2013 - 12:46 PM
BHP and SAB are dragging the bulls in the mud now.
MTN's BEE type shares released a few years ago are available to be sold by those buyers on Monday - hopefully not much doing so all at once. These guys bought stacks of shares at R20 a pop - know R200. Could be reason for MTN decline (I dont know its exact % weighting of TOP40).
Posted 22 November 2013 - 12:44 PM
damn, I meant s2
S2 goes while other indices go up, very close to my 39500 stop.
Have to hold on for life now
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Posted 22 November 2013 - 12:31 PM
We ought to have an indicator that looks at the number of posts per hour on the forum ;-)
Long almi at 39768, if it drops under the s3 I may seriously consider flipping. I think it will go back up at least to the pivot around 40100ish, anyones guess what it does after that.
damn, I meant s2
"Attitude produces better overall results than analysis or technique, of course the ideal situation is to have both, but you really don't need both, because if you have the right attitude the right mindset then everything else about trading will be relatively easy even simple and certainly a lot more fun." - Mark Douglas, Trading in the Zone.
Don't listen to me, I'm a market Rookie.