20 EMA (exponentiol moving average) not sma and Bollinger Band Middle
Hi Mhlato,
Just to be clear, you looking at sma-20 and ema-20.... right?
Posted 03 July 2013 - 12:09 PM
20 EMA (exponentiol moving average) not sma and Bollinger Band Middle
Hi Mhlato,
Just to be clear, you looking at sma-20 and ema-20.... right?
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Posted 03 July 2013 - 12:03 PM
@ matebele, yes, the standard bbm = 20. I am always on the lookout for a way around the stress thingy...had some ticker problems in '92
@ redeemer, you can test drive it. Put up a 1hr chart with those 2 indicators only and mark all the points where they turned up or down for back testing. Then it's up to you to decide whether to stck to them or not.
Hi Mhlato,
Just to be clear, you looking at sma-20 and ema-20.... right?
Posted 03 July 2013 - 12:00 PM
@ matebele, yes, the standard bbm = 20. I am always on the lookout for a way around the stress thingy...had some ticker problems in '92
@ redeemer, you can test drive it. Put up a 1hr chart with those 2 indicators only and mark all the points where they turned up or down for back testing. Then it's up to you to decide whether to stck to them or not.
u are reviling you age now. .
Posted 03 July 2013 - 11:53 AM
@ matebele, yes, the standard bbm = 20. I am always on the lookout for a way around the stress thingy...had some ticker problems in '92
@ redeemer, you can test drive it. Put up a 1hr chart with those 2 indicators only and mark all the points where they turned up or down for back testing. Then it's up to you to decide whether to stck to them or not.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Posted 03 July 2013 - 11:38 AM
Mhlatho...excuse the ignorance...whats BBM???
Bollinger Bands middle line
Posted 03 July 2013 - 11:38 AM
Mhlatho...excuse the ignorance...whats BBM???
Blackberry Messenger - insider trading.... Just kidding!
Posted 03 July 2013 - 11:37 AM
oh yeah and EMA?? (electronic mean average)?
think bbm is something to do with his black berry mobile
Posted 03 July 2013 - 11:29 AM
Mhlatho...excuse the ignorance...whats BBM???
Howzit bulls, to me swing trading the Alsi, using 1 hour charts with a 20 EMA and BBM for conformation worked very well. Check it out....go long when the ema and bbm turns up ...exit and go short when the ema and bbm turns down.
From 02/05 till 02/07 there were 16 trades...no losers and netting 11,000 + points, very simple, AND WITHOUT ANY STRESS!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 03 July 2013 - 11:27 AM
Thanks Mhlato!
This is worth trying!!!
Howzit bulls, to me swing trading the Alsi, using 1 hour charts with a 20 EMA and BBM for conformation worked very well. Check it out....go long when the ema and bbm turns up ...exit and go short when the ema and bbm turns down.
From 02/05 till 02/07 there were 16 trades...no losers and netting 11,000 + points, very simple, AND WITHOUT ANY STRESS!!
Posted 03 July 2013 - 11:24 AM
Mhlato. u mean BBM is also 20? when did u discover this? 11000 points wow. i see a billionaire in the making.
Posted 03 July 2013 - 11:07 AM
Out @ 34799. Too much heat ATM.
Short @34767.
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 03 July 2013 - 11:03 AM
Howzit bulls, to me swing trading the Alsi, using 1 hour charts with a 20 EMA and BBM for conformation worked very well. Check it out....go long when the ema and bbm turns up ...exit and go short when the ema and bbm turns down.
From 02/05 till 02/07 there were 16 trades...no losers and netting 11,000 + points, very simple, AND WITHOUT ANY STRESS!!
ive learnt that there are 2 types of trades. (1) where you ride the trend for a certain period a few days to maybe a week or so then
(2) where you are in/out within a day or 2 sometimes quicker.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Posted 03 July 2013 - 10:41 AM
Short @34767.
There is still a further downside target @ +/- 34230, if there is a shock to the system. Getting tempted to play it. Just to get the entry right..
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 03 July 2013 - 10:39 AM
"Never never never give up!"
Posted 03 July 2013 - 10:33 AM
For this to happen, 34600 has to give way. Go bears!
There is still a further downside target @ +/- 34230, if there is a shock to the system. Getting tempted to play it. Just to get the entry right..
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 03 July 2013 - 10:28 AM
There is still a further downside target @ +/- 34230, if there is a shock to the system. Getting tempted to play it. Just to get the entry right..
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
Posted 03 July 2013 - 10:26 AM
chubby, well that was that.
I just can't shrug this intense feeling for going long - this coming from a perma-bear! Rather confusing atm.
Retest...Long long way down till next support but im sure she will hold up..Nice entry for a long? or you gonna go the other way?
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 03 July 2013 - 09:58 AM
Very well played karlwynv!!
Stoploss triggered for my longs (uptrend line broken)...I'm sitting out, watched the long term chart of BHP yesterday and it just looks nasty with a crash scenario on the way...!
It is possible the downtrend can resume after this week, that daily bearish cross looks like it is still in play!
A
"Never never never give up!"
Posted 03 July 2013 - 09:51 AM
Farouk any 10min uptrend chart???
IG CASH
Posted 03 July 2013 - 09:48 AM
Short @ 35060. Target 34600. (IG cash)
"Never never never give up!"