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ALSI Trades


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#28021 Sunesis

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Posted 28 October 2013 - 03:14 PM

S

Wats your target?

If i can get 60-80 points it will be good. Just make sure you are there around 21h00-22h00 tonight. Just to see what effect Apple has on the market


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#28022 Olymphia

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Posted 28 October 2013 - 03:10 PM

Those who play russian roulette buy this dip 40515


S

Wats your target?
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#28023 Sunesis

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Posted 28 October 2013 - 02:52 PM

Those who play russian roulette buy this dip 40515


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#28024 Sunesis

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Posted 28 October 2013 - 02:32 PM

S

 

Agap up r down?

 

O

It depends on the Apple numbers. Markets will find a season to sell if the numbers are bad. Shorts will be sqeezed if the numbers blow the lights out


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#28025 Olymphia

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Posted 28 October 2013 - 01:44 PM

S

 

Agap up r down?

 

O


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#28026 Sunesis

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Posted 28 October 2013 - 01:31 PM

US stock market will open at 14h30 today until 3 November

 

Apple will release earnings around 21h00, highlight of the day. Those who can't trade after hours might wake up with a gap.

 

Apple,Microsoft,Google,Oracle,Intel,Cisco,Amazon make up 50% weight on the Nasdaq.

 

Apple has the biggest weight and its rising before US open. Maybe signs of a bullish day.

 

Apple can pull the whole stock market, Apple is as good as Retail Sales, a good market indicator or consumer spending indicator.


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#28027 Lekkerry

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Posted 28 October 2013 - 01:21 PM

At this pace of limited market movement (intraday):

  • begin day: enter / exit trade
  • end day: exit / enter trade
  • begin day < in-between > end day: do something else, i.e. surf the web or snooze

 

It could not get more simple / boring / mundane / uneventful / calm <-- take your pick  -_-  


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#28028 Sunesis

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Posted 28 October 2013 - 01:02 PM

The unstoppable stock market machine: A bubble or a lack of technicals?

 

I was thinking to myself over the weekend about the situation in stocks. A huge part of trading is technical analysis and it’s general ability to become a self fulfilling prophecy. If everyone is trading off the same levels then it adds depth and definition to the market.

 

Take stock markets at all time highs, what if there is no tech?

 

How do all the tech heads trade against a trend or find levels to enter into the market, except in one direction only? With history, technicals provide points to trade both ways in a market but for stocks, they’re in uncharted territory so there’s nothing to the upside to lean against. Given the average trader’s often overwhelming mental reaction to try to pick tops and bottoms how do you trade against thin air.

 

Does the lack of upside technical resistance mean that traders are in fact only trading one way, i.e up, meaning that the the market becomes overly supported due to the lack of technical sellers, and that the only available technical analysis is for support level buying? Is this why we’re seeing the virtual straight line up in stocks rather than the QE trade?

Do these situations force religious technical traders to focus on fundamentals for two way direction?


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#28029 Argento

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Posted 28 October 2013 - 12:41 PM

 

Something interesting to note...and maybe some has already picked it up and others not!
 
US holidays..sometimes the prevailing trend runs until then and turns on that day...we have one coming up on Monday the 11th November, so that friday before should mark an important low on the ALSI. So taking in account the 04th November being a possible high (with another down leg next week), as the market should rally into the 1st as per pattern and November being bullish (against seasonal trend though but looking at the charts..)
 
TA very important in this game and market patterns repeats itself due to human nature and plays a big part.
 
Just keep it in the back of your mind..changes are good it won't play out...or it just might and means lekke kudo's! :rolleyes:
 
A


Reasons to hold that long for the week:

Charts (Bullish triangle/flag breakout)
FOMC Meeting Wednesday (Bullish week)
Seasonal trend is up

Medium term I strongly believe we have started a top pattern so November should be very volatile with big moves up and down (new highs)..US also getting stretched but need to form a top pattern first (2-3 weeks) before a good correction..!

A

Edited by Argento, 28 October 2013 - 12:41 PM.

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#28030 Scotsman

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Posted 28 October 2013 - 12:28 PM

Thanks for the advice Sunesis. I will concentrate my efforts on those points to get to understand the market better. At the moment I am shooting in the dark. Just as I think I understand what I am doing, I enter a losing trade. I entries are a real issue right now!


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#28031 Sunesis

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Posted 28 October 2013 - 11:54 AM

Hey S, thanks for your posts. I have been hovering around and reading what you all have been doing the past couple of weeks. I am still learning and find everything posted very interesting.

I see that you punt buying the dips often, and it seems to be working for you pretty well. I also read somewhere that you use a stop of 500 points with your trades. My question is really how do you know how far a "dip" will go, before you buy, and what is your trigger to buy at a certain point of a dip?

Thanks for the posts, very informative and interesting how you all see the market.

The best place to buy a dip is by the demand area, support zones example S1 S2 S3.

But if you miss the support zones, you have to start playing russian rollette with the market and buy on any tiny dip you can get.

1st is to look at the sentiment for the day. If BAT,SAB,NASPERS,RICHEMONT,BHP,ANGLO, MTN,STANDARD BANK,FIRSTRAND are up in the morning. It usually means the day will be bullish.

 

Also have a look at the market sentiment in Asia around 3am. If Tencent and some Chinese Banks are bid, that's usually a good sign to buy dips on open.

Our ALSI moves with Asian sentiment. If Asia is bad, trust me stocks like richemnont,sab,naspers,bhp won't go anywhere.

 

Overall is to teach yourself every tradable intrument, like gold,oil,forex and bonds.

 

Right now i have a long position on oil,gold,AUD/USD, NZD/JPY, GBP/JPY,ALSI,NASDAQ,Euro50

 

Once you get a feel of all these markets, you will find it easy to trade because they are all correlated. That's how Paul Tudor Jones traded


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#28032 Sunesis

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Posted 28 October 2013 - 11:31 AM

Reminder to indice traders. Since 1995, S&P 500 rose 16 times from Oct 28 to Nov 6 vs just 2 dips


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#28033 Scotsman

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Posted 28 October 2013 - 11:29 AM

Bought the dip 40572

Hey S, thanks for your posts. I have been hovering around and reading what you all have been doing the past couple of weeks. I am still learning and find everything posted very interesting.

I see that you punt buying the dips often, and it seems to be working for you pretty well. I also read somewhere that you use a stop of 500 points with your trades. My question is really how do you know how far a "dip" will go, before you buy, and what is your trigger to buy at a certain point of a dip?

Thanks for the posts, very informative and interesting how you all see the market.


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#28034 Sunesis

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Posted 28 October 2013 - 10:52 AM

Bought the dip 40572


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#28035 Sunesis

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Posted 28 October 2013 - 10:31 AM

And that weather update kindly brought to you by JBlack :)

The is a very good chance it will happen again. All the markets are overbought. It will happen just after Dow hits all time highs.

All the indices are waiting for Dow. Once Dow crosses the 15675 line and maybe hit 15800, the market can pullback.

Bull are somewhat tired of making money now.

 

We need a 3-5% pullback.

 

Making money is easy if you buy the dip in a bull trend.

Those who have been waiting for a crash since 2009 are licking thier wounds.

Some of them are broke or bankrupt


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#28036 JBlack

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Posted 28 October 2013 - 10:26 AM

And that weather update kindly brought to you by JBlack :)

And in other news - Tokyo Sexwale has apparently been mistaken for a member of Al Qeada at JFK Airport..... 


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#28037 JBlack

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Posted 28 October 2013 - 10:21 AM

A big storm has just hit London.

 

3 days after the last big storm in England in 1987, the market collapsed. Dow lost 22% in one day. Just saying....


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#28038 bear catcher

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Posted 28 October 2013 - 10:18 AM

Think this is a good exit for my longs now wait for the dip to buy again. Easy money ,just hope it lasts. If we go much higher today will maybe sell the rally???
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IG CASH


#28039 Sunesis

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Posted 28 October 2013 - 09:40 AM

I am expecting a green day this Monday morning I think -   but a pull back later in week of SP500 to 1740 'ish taking our T40spot with - but this should present another Dip Buy

- opinions please.

I'm done for the day. All my longs from last week took profits.

 

 

Viva La Bull came early morning


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No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.


#28040 OceanWalz

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Posted 28 October 2013 - 07:59 AM

I am expecting a green day this Monday morning I think -   but a pull back later in week of SP500 to 1740 'ish taking our T40spot with - but this should present another Dip Buy

- opinions please.


Edited by OceanWalz, 28 October 2013 - 08:01 AM.

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