35854 replies to this topic

[Lekkerry]

Still on the cards: 34800+ (J200) on the dailies and going for it.

 

 

 

Ok, based on the below (and reassessing after weekend), the next possible turn-around target is 34800ish (J200), when the upper BBand is reached on the dailies.

[ClockworkOrange]

Yep im also going long at 34420..still looking at 34700..GULP!

34720 or about there is the upper slope of the downtrend channel, so I'm looking to close at this point as my target

[Lekkerry]

I figured out the lesson!!! Monday is an inverted trading day! I knew I was right  and everyone else was wrong 

[JBlack]

You guys are brave with your longs before official open. I will wait and see... But itching, this is addictive....

[JBlack]

Oh and South Africa trade balance is at 14h00...

[JBlack]

Well done. I don't know about the letting it run. US futures have turned down. Still mixed but much lower than 1 hour ago....

 

A day packed full of data too:

http://www.investing...nomic-calendar/

Ha! out 34670

Should have let it run. But making every R a prisoner in these conditions seems wiser

[ClockworkOrange]

In from yesterday long at 34450 2 x contracts

[Lekkerry]

Not the jubilation I expected for the early AM. Let's see what 9am beckons then.

[Plasma]

Took a quick 85 points.

[Beorn]

Taken a small long @ 34550. Gonna leave it over night.

 

Ha! out 34670

Should have let it run. But making every R a prisoner in these conditions seems wiser

[Ninja]

New high on S&P doesn't mean much given the negative divergence on indicators.... Me thinks Mr market is/has factored in Draghi and Bernake party later this week... Big Whack event could well just be dissapointment... trade with caution

[Beorn]

Taken a small long @ 34550. Gonna leave it over night.

 

Seems like I'm going to be in the money come open.

Will leave this one to ride and maybe add some.

[JBlack]

Yup I agree. Looks green so far. For the calender of data events go to investing.com
US open? Is Tiger playing?

[Plasma]

Can't be but a VERY green day today. 34800+ (J200). Monday was down, US hit records and Ausie market is up up up.


IGM might leap come 08:30.


The test would be is ALSI going to play along today? And the ZAR getting stronger which could dampen like yesterday.

Have been itching for a long since early this morning, keeping in mind the BWE....Big Whack Event. But since the BWE is a function of the S&P coming down, we should still be okay for a bit, at least until US open (stand to be corrected).

Our trade balance figures etc coming out later today....might impact???? Does anybody know what time?

Good trading all

[Lekkerry]

Can't be but a VERY green day today. 34800+ (J200). Monday was down, US hit records and Ausie market is up up up.

IGM might leap come 08:30.

The test would be is ALSI going to play along today? And the ZAR getting stronger which could dampen like yesterday.

[Sam]

Hi Guys

Quick question ...

Bearing in mind the good for some, bad for other companies in the top40, would I be correct in assuming that a strengthening Rand vs the US $ would tend to increase the index count ?

I would imagine that when SA produced in excess of 80% of the world's gold some decades back, that the inverse would have been true.

Thanks

[Plasma]

Humble pie is a dish best served to someone else! Bad day at the office but I will take the lesson learnt home with me..Now I just need to figure what that lesson was 

 

Not nice - hope you will score tomorrow.  Lekkerry as well.

[Plasma]

Another succesful day. Well take it agin tomorrow! Very strange day tho. Easy to trade our continuous drop but with everybody else going up it was nerve racking!

Great,

[JBlack]

Another succesful day. Well take it agin tomorrow! Very strange day tho. Easy to trade our continuous drop but with everybody else going up it was nerve racking!

[Beorn]

Taken a small long @ 34550. Gonna leave it over night.