31 votes
Member
Posted 10 September 2013 - 03:24 PM
Same as red or black on roulette , fundamentals and charts technicals what a joke , ok let's blame QE again.
Lol, i tend to agree with you to some extent. That's probably because, i clearly don't understand how the Senior traders use TA and FA effectively.
Edited by Trainee Trader, 10 September 2013 - 03:29 PM.
IG Cash
Sage
Posted 10 September 2013 - 03:22 PM
IG CASH
Advanced Member
Posted 10 September 2013 - 03:13 PM
Well because we've traded so high already... there's also the possibility that some profit taking/consolidation could happen before Friday... just a temporary short opportunity.
you could be right , so could I , therefore as BC says it was a gamble - which proves his point.
Member
Posted 10 September 2013 - 03:09 PM
There is no bad news on the calender until this Friday with the US retail sales and PPI inflation which should mean the ALSI should continue up for the next 2 1/2 days ...
my 2cents
Well because we've traded so high already... there's also the possibility that some profit taking/consolidation could happen before Friday... just a temporary short opportunity.
IG Cash
Advanced Member
Posted 10 September 2013 - 03:05 PM
There is no bad news on the calender until this Friday with the US retail sales and PPI inflation which should mean the ALSI should continue up for the next 2 1/2 days ...
my 2cents
Sage
Posted 10 September 2013 - 02:57 PM
it is ONLY gambling if you make it (trade it) so.
It doesn't have to be! PM me if you wanna chat.
Lekkery seeing this is all more gambling than anything else I just took a gamble
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet 
Sage
Posted 10 September 2013 - 02:56 PM
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The Oracle
Posted 10 September 2013 - 02:55 PM
I'm short @ 39000.
Will add if we go higher.
Alsi future
I only post my views, not advice
Sage
Posted 10 September 2013 - 02:53 PM
bear catcher, you for real?
What is short atm, other than a feeling that it can't go higher?
ATTACK ATTACK well that is me in with short 39010
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Sage
Posted 10 September 2013 - 02:47 PM
IG CASH
Sage
Posted 10 September 2013 - 02:34 PM
Absolutely concur about overshooting 40000!
We are getting into the best months ahead for the markets so bulls going to charge ahead, things to look for:
Short opportunities:
Post futures close-out drop
November correction (seasonal)
Otherwise stay long or else your going to get burned as the double bottom made in April and July has upside till the 42 000 level!
Bullmarkets don't drop without a top, until that is clear ride the waves boys!
A
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Silfen Path Wanderer
Posted 10 September 2013 - 02:34 PM
We are getting into the best months ahead for the markets so bulls going to charge ahead, things to look for:
Short opportunities:
Post futures close-out drop
November correction (seasonal)
Otherwise stay long or else your going to get burned as the double bottom made in April and July has upside till the 42 000 level!
Bullmarkets don't drop without a top, until that is clear ride the waves boys!
A
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
The Artist
Posted 10 September 2013 - 02:28 PM
We are getting into the best months ahead for the markets so bulls going to charge ahead, things to look for:
Short opportunities:
Post futures close-out drop
November correction (seasonal)
Otherwise stay long or else your going to get burned as the double bottom made in April and July has upside till the 42 000 level!
Bullmarkets don't drop without a top, until that is clear ride the waves boys! 
A
Edited by Argento, 10 September 2013 - 02:28 PM.
"Never never never give up!"
Advanced Member
Posted 10 September 2013 - 01:58 PM
Check the chart I posted again, we are right against the resistance line in my chart @ 38900
I don't see it on the chart ?
Member
Posted 10 September 2013 - 01:52 PM
Today must be one of those days where you can see what happens in South Africa has very little effect on our market! Local financial news all negative and ALSI new record. Probably also one of the best performing indices for the year to date. Go ALSI!!!
The Oracle
Posted 10 September 2013 - 01:12 PM
Looks like its gonna happen
Check the chart I posted again, we are right against the resistance line in my chart @ 38900
Alsi future
I only post my views, not advice
The Oracle
Posted 10 September 2013 - 01:07 PM
Sunesis what your take atm,YEn climbing and rates climbing, this is 2 factors you sdaid earlier you use as indicators,we should then fall but we are climbing
Like I said, their is more to it
Alsi future
I only post my views, not advice
Newbie
Posted 10 September 2013 - 01:03 PM
Looks like its gonna happen
Voel your chart scared me, I think you must go visit Ghwar!
Voel, something else to think about.
TA is not an exact science. And I think my chart has more points touching the trend line.
Sage
Posted 10 September 2013 - 12:39 PM
Well we just broke 38900 so are you long now?
It missed my stop by 2 points, i stick to my plan, if it hits my stop then its part of the trading plan.
You have to be prepared to loose the money you trade. Before you put any trade don't think about the profit, think about how much you can loose and be willing to loose it.
No profession requires more hard work, intelligence, patience, and mental discipline than..speculation.
Sage
Posted 10 September 2013 - 12:25 PM
That's why they say the market is a risky place, if trading was easy everyone will be rich
Well we just broke 38900 so are you long now?
IG CASH
