Short 34400, with a tight stop.

ALSI Trades
#35721
Posted 09 April 2013 - 09:00 AM
Alsi future
I only post my views, not advice
#35722
Posted 09 April 2013 - 08:54 AM
Be careful. I don't like the fact that the $ is starting to sneak up to the R9/$ mark (gained 4c since 4am this morning).
#35723
Posted 09 April 2013 - 08:46 AM
Long (J200) @ 34166. Fundamentals seems green. A tad risky this early, as I would prefer to see what market open does (at 09:00). Target +- 150 points.
That will make it roughly 0.9% up from yesterday
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#35724
Posted 09 April 2013 - 08:44 AM
Standard Bank div of R2.43 (Good Buy) and Remgro R1.45 LDT 12 April 2013
The mark of a professional, however, sounds like this:
It is my fault. I traded this position too large for my account size.
It is my fault. I didn’t stick to my own risk parameters.
#35725
Posted 09 April 2013 - 08:41 AM
Long (J200) @ 34166. Fundamentals seems green. A tad risky this early, as I would prefer to see what market open does (at 09:00). Target +- 150 points.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#35726
Posted 09 April 2013 - 08:37 AM
Me thinks BHP & RIO is up due to
By Allison Martell
(Reuters) - Alcoa Inc (AA.N), the largest U.S. aluminum producer, reported a higher quarterly profit on Monday thanks in part to strength at its raw materials segment, but lower-than-expected revenue and an uncertain outlook dragged down the company's share price.
Going long in the morning for the following reasons :
BHP up 1.44% and RIO up 1.37% in AUS good for our commodities
Aus market up 1.33%
Ten Cents up 2.65% good for Naspers
Positive markets in EastHSeng up 1% ets
Ang, MTN,Std Bank, Old Mutual and gold stock all due for a price increase which is part of top 10 in SA40 Index.
Stochastic oversold on weekly and daily
I got my heebie-jeebies in a hidden bag
Oasis
#35727
Posted 09 April 2013 - 08:29 AM
Seems like Zoner is still waiting for a big bounce. I am going to wait until 0830 to see whether IG markets is on course or whether there is going to be fluctuations. Keeping to my rule, do not trade the expectation. Damn it is difficult, hey Pipman......impulsive compulsive obsessive .........
Dead cat bounce? You mean with a rocket strapped to it's back!
#35728
Posted 09 April 2013 - 08:20 AM
Going long in the morning for the following reasons :
BHP up 1.44% and RIO up 1.37% in AUS good for our commodities
Aus market up 1.33%
Ten Cents up 2.65% good for Naspers
Positive markets in EastHSeng up 1% ets
Ang, MTN,Std Bank, Old Mutual and gold stock all due for a price increase which is part of top 10 in SA40 Index.
Stochastic oversold on weekly and daily
The mark of a professional, however, sounds like this:
It is my fault. I traded this position too large for my account size.
It is my fault. I didn’t stick to my own risk parameters.
#35729
Posted 09 April 2013 - 07:41 AM
... Let the dead cat bounce! Have a good one guys!
Seems like Zoner is still waiting for a big bounce. I am going to wait until 0830 to see whether IG markets is on course or whether there is going to be fluctuations. Keeping to my rule, do not trade the expectation. Damn it is difficult, hey Pipman......impulsive compulsive obsessive .........

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#35730
Posted 09 April 2013 - 07:28 AM
... Let the dead cat bounce! Have a good one guys!
#35731
Posted 09 April 2013 - 07:24 AM
Edited by Plasma, 09 April 2013 - 07:24 AM.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#35732
Posted 08 April 2013 - 03:33 PM
What did Randall and Argento say: Never sell a dull market!
It is droopy today and where are these two gents now-a-days after the new SC being launched?
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#35733
Posted 08 April 2013 - 02:11 PM
I'm sure you do Lekkerry.I don't want to read you wrong, but surely you see the humour in Moneypenny's post ?Moneypenny ?
He cannot answer - busy swinging!

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#35734
Posted 08 April 2013 - 11:53 AM
Apologies, let me rephrase: Sometimes it is more profitable to divert from initial trading strategy and frequently change direction with consecutive trades, going in exact opposite direction.
As suggested, now back to making money.
#35735
Posted 08 April 2013 - 11:31 AM
I don't want to read you wrong, but surely you see the humour in Moneypenny's post ?
Moneypenny ?
#35736
Posted 08 April 2013 - 11:13 AM
Pipman, ... . I believe in one husband, one wife, married to one-another and enjoying the confinements and freedom of their marriage and relationship with one another, alone!
Back to trading ...
Lol... Good morning traders
@ Lekkerry Hope your wife doesn't see those posts...
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#35737
Posted 08 April 2013 - 10:39 AM
Ta MoneyPenny.
Well done, good idea to swing both ways.
Lol... Good morning traders
@ Lekkerry Hope your wife doesn't see those posts...
#35738
Posted 08 April 2013 - 10:28 AM
Ta MoneyPenny.
Well done, good idea to swing both ways.
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
#35739
Posted 08 April 2013 - 10:23 AM
Well done, good idea to swing both ways.
#35740
Posted 08 April 2013 - 10:05 AM
Took a short down for a total tally of almost 175 points today, including the long. Will exercise restraint and close my trading window now... for now
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet