35854 replies to this topic

[Taurus]

Glad the sun started shining for people to join the sale!!

 

A

I shine it will. Very bright tonight.

And when reaped those moneys will go and get some cheap Krugerrand and park them away safely to support me in hard times to come.

May cautiously by into some gold miners. But that is a little bit bold.

[Motion Picture]

Short 45670 (IG). Inverted cup & hundle formation on 15minute chart.

 

Taking chunk of profits here @ 45170. Leaving a smallie to run with close SL.

[Jakkals]

the shorts are running wild, I didn't get in today, busy day at the office unfortunately.

[Argento]

Flirting with the daily 200 moving day average.....we just might see that red hanger sale again tomorrow!

 

A

Glad the sun started shining for people to join the sale!!

 

A

[denrandgroup]

61.8 Fib retracement from recent High-low on daily.

text book bounce on 61.8..fib never ceases to amaze me!
 
thks for chart

Pleasure....failure brings the undocumented fib 88.6 into play 44700 Cash

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45500 breached, index tumbles 400 pips thereafter.

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[bear catcher]

V hope you stopped out I definitely see no bounce.

[Beorn]

Selling any and all rallies is the name of the game for the next couple of months, or until FED announces more market support.

IMO

[bear catcher]

AGGGG FFFFFFFFFFFFFFFFFF  V you very brave .

[Vertebrae]

Now my short looking very good, just to time the stop??? V I don't see the bounce atm??

 

Order filled @ 61.8% 45290

[bear catcher]

Wrong again out 45400

[bear catcher]

Now my short looking very good, just to time the stop??? V I don't see the bounce atm??

[davidp13]

glad to hear..volatility is the "Achilles heel" of any ma/crossover system when looking at trading on very short time frames hence reason behind targeting small moves avoiding whiplash

for eg. gearing at R50per pip, targeting (60p-100p)is plenty meat on the bone considering how long you having to carry the risk and time in mkt, when it goes south and of course we see that occasionally it can be a heart stopper..stops and acceptable draw-downs got to be ironclad preset.

regarding entry/exits signal lag..think its inherent on all ma crossover methods to some degree, candle line reading can/does make a difference as additional confirmations.

 

anyone with a different angle on this please shout out.  no-one's going to laugh at you or hold you to anything said...i promise

 

stand together or....fall alone!!

D - there are more, have been more and will be more people in the world making money from MA cross systems (obviously with some nuances) than any other system

[delta66]

Anton..you see the 2 setups on chart using that strategy today/text-book technical playout. early morning and another shortly after 12:00pm.  easy money using simple indicators/methods

Edited by (*****), 28 July 2015 - 03:35 PM.

[Vertebrae]

This leg wants bounce here US open @ 61.8% of B, place your bets

[grantmu]

I've maintained QE doesn't end till fed starts taking back. Tomorrow I think they take back, and Janet said 2 rate hikes this year. And 4 months left??? We all assume that QE end would start popping the bubble. And charts are starting to say the same..! Just my opinion!

Take back is not enough to start the tumble in my view, China on the other hand could very well get it all started,

In my view the bubble is the whole US economy at the moment, and the protection system for this huge mistake is the Dollar, in order to see this bubble go there needs to be a change in the dollar and at the moment the US is blowing huge amounts of hot air into the dollar, A really big fall in china, followed by a contagion effect through the world, may well cause the dollar to have problems, and if you cant print more money the US has a problem. 

 

Seeing the kind of action the Chinese seem to be prepared to take regarding the stock market could very well activate a run on the markets, if i were to look for a location for the start of a burst i would look east, then the US and then the rest of us.

 

China property bubble is a good place to start the bust, add unregulated banking that will fall right behind the property bubble and you have the catalyst.

 

G  

[Django]

It doesn't happen often but it can get tricky H&S sometimes don't play out or the do but not the full count. That's where levels become important. But that daily played out and still in action, so it's showing us something.

I don't normally use the H&S at all BUT, looking at the S&P pic a few posts back with a MACD about to turn south makes me think a bit.

All the markets seem to be waiting for something and the FOMC always makes the market nervous, add to that the way the news on a single company such as google makes the market move when it should not, ADD in china, add in numbers that look depressive all over the world, add more jobs in the USA but no increase in production, add the production figures and job counts in the EU look shaky, Russia in deep do do, oil not looking good, gold on the way down, ALL of these are signals that say we are getting close to a point of decision, and down seems to be gaining the upper hand.


Now look at the possibility of a steep drop with the US unable to address problems due to an already 0 interest rate. if this thing breaks south in a big way it could get very interesting.


Just observation at the moment, Still if someone has a chart that goes back beyond 2001 just to see how often this sort of system builds and how often it works as advertised and how many times it fails.


G

I've maintained QE doesn't end till fed starts taking back. Tomorrow I think they take back, and Janet said 2 rate hikes this year. And 4 months left??? We all assume that QE end would start popping the bubble. And charts are starting to say the same..! Just my opinion!

But we're thinking along the same lines Grant and it doesn't look good but confirmation isn't far off

[Django]

It doesn't happen often but it can get tricky H&S sometimes don't play out or the do but not the full count. That's where levels become important. But that daily played out and still in action, so it's showing us something.

I don't normally use the H&S at all BUT, looking at the S&P pic a few posts back with a MACD about to turn south makes me think a bit.

All the markets seem to be waiting for something and the FOMC always makes the market nervous, add to that the way the news on a single company such as google makes the market move when it should not, ADD in china, add in numbers that look depressive all over the world, add more jobs in the USA but no increase in production, add the production figures and job counts in the EU look shaky, Russia in deep do do, oil not looking good, gold on the way down, ALL of these are signals that say we are getting close to a point of decision, and down seems to be gaining the upper hand.


Now look at the possibility of a steep drop with the US unable to address problems due to an already 0 interest rate. if this thing breaks south in a big way it could get very interesting.


Just observation at the moment, Still if someone has a chart that goes back beyond 2001 just to see how often this sort of system builds and how often it works as advertised and how many times it fails.


G

I've maintained QE doesn't end till fed starts taking back. Tomorrow I think they take back, and Janet said 2 rate hikes this year. And 4 months left??? We all assume that QE end would start popping the bubble. And charts are starting to say the same..! Just my opinion!

But we're thinking along the same lines Grant and it doesn't look good but confirmation isn't far off

[delta66]

Thanks, your setup has been working well. I've paper traded it on all occasions and also entered actuals on some occasions successfully.

Now if we can just enter the trade a little sooner we can do even better but for me its about being sustainable, so works perfect for me.

glad to hear..volatility is the "Achilles heel" of any ma/crossover system when looking at trading on very short time frames hence reason behind targeting small moves avoiding whiplash

for eg. gearing at R50per pip, targeting (60p-100p)is plenty meat on the bone considering how long you having to carry the risk and time in mkt, when it goes south and of course we see that occasionally it can be a heart stopper..stops and acceptable draw-downs got to be ironclad preset.

regarding entry/exits signal lag..think its inherent on all ma crossover methods to some degree, candle line reading can/does make a difference as additional confirmations.

 

anyone with a different angle on this please shout out.  no-one's going to laugh at you or hold you to anything said...i promise

 

stand together or....fall alone!!

[Django]

It doesn't happen often but it can get tricky H&S sometimes don't play out or the do but not the full count. That's where levels become important. But that daily played out and still in action, so it's showing us something.

I don't normally use the H&S at all BUT, looking at the S&P pic a few posts back with a MACD about to turn south makes me think a bit.
All the markets seem to be waiting for something and the FOMC always makes the market nervous, add to that the way the news on a single company such as google makes the market move when it should not, ADD in china, add in numbers that look depressive all over the world, add more jobs in the USA but no increase in production, add the production figures and job counts in the EU look shaky, Russia in deep do do, oil not looking good, gold on the way down, ALL of these are signals that say we are getting close to a point of decision, and down seems to be gaining the upper hand.

Now look at the possibility of a steep drop with the US unable to address problems due to an already 0 interest rate. if this thing breaks south in a big way it could get very interesting.

Just observation at the moment, Still if someone has a chart that goes back beyond 2001 just to see how often this sort of system builds and how often it works as advertised and how many times it fails.

G

I've maintained QE doesn't end till fed starts taking back. Tomorrow I think they take back, and Janet said 2 rate hikes this year. And 4 months left??? We all assume that QE end would start popping the bubble. And charts are starting to say the same..! Just my opinion!

[denrandgroup]

I await your TA or FA on the market,the rest is just pure noise.


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It is all in the charts so what is there to wait for ?

Appears you are lost...not aware of the essence of this forum...have a great day.

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