35854 replies to this topic

[gannet]

The 1H negative divergence has caused me to miss a lot of upside so ignoring that for now!

 

This 5000 pointer stellar run should end in style (blow off move) IMO so waiting for that....currently busy with a flattish structure that I doubt is the top...but will see!

 

A

 

I agree ... the top isn't in ... but a good pull back is close 

[Ninja]

What was that, did someone say nothing but blue skies ahead?

When days are bright and skies are blue its difficult to think clearly

Edited by Ninja, 18 February 2015 - 12:36 PM.

[grantmu]

The 1H negative divergence has caused me to miss a lot of upside so ignoring that for now!

 

This 5000 pointer stellar run should end in style (blow off move) IMO so waiting for that....currently busy with a flattish structure that I doubt is the top...but will see!

 

A

in the same boat. also we have had 2 good knocks on the 47100 area and there will probably be one more so this drop may be just to create space for a better run at the top. 

[Argento]

If this thing is going to show its hand it will be on the 1 hour chart, there is so much divergence in this time frame. there could be an island or head of a head and shoulders forming now, not very defined, you need to squint a bit to see it. the jump on the 13th bent the downward trend of the divergence but is now following the decline line drawn from the 18th through the high points. we will not see any move until the macd breaks the 0 line. The jump on the 13th also created a much larger divergence, between the 13th and today.

 

keeping the 1 hour open all the time now. but not taking any short trades until the zero on the 1 hour is broken by MACD. 

 

all just MHO.

 

G

The 1H negative divergence has caused me to miss a lot of upside so ignoring that for now!

 

This 5000 pointer stellar run should end in style (blow off move) IMO so waiting for that....currently busy with a flattish structure that I doubt is the top...but will see!

 

A

[grantmu]

Don't worry, I'm also confused but you can't fight the trend!Clearly yesterday was not a valid reversal but it will come...

 

We had a correction since September so this is built up consolidation getting released so the negative divergence doesn't mean much until she decides to take the plunge!

 

Still counting on that reversal (signal) happening soon to kick off the return move before committing to anything!Thursday afternoon might be the magic timeframe.....(going on history)!Upper daily bollingerband is around 47300 so might push for that....

 

A

If this thing is going to show its hand it will be on the 1 hour chart, there is so much divergence in this time frame. there could be an island or head of a head and shoulders forming now, not very defined, you need to squint a bit to see it. the jump on the 13th bent the downward trend of the divergence but is now following the decline line drawn from the 18th through the high points. we will not see any move until the macd breaks the 0 line. The jump on the 13th also created a much larger divergence, between the 13th and today.

 

keeping the 1 hour open all the time now. but not taking any short trades until the zero on the 1 hour is broken by MACD. 

 

all just MHO.

 

G

[K~~]

This bear is ANGRY! I'm adding longs just to get out of the mud...

I would not call 200 points down from the highest point angry...

 

2000 points, now that would be a good start..

[RailRoad]

This bear is ANGRY! I'm adding longs just to get out of the mud...

[BlythZ]

Are you adding longs Beorn? 

[Argento]

This is one confused trader, there is so much divergence in the charts at the moment but nothing seems to happen, so here is what I see if I use the IG Cash charts and MACD. 

 

On the daily, this thing is pointed north but at a point that it could turn in about 5 days, the signal line is at it highest for 5 months now. 

On 4 hour, divergence all over the place, but still showing north. 

On 2 hour plenty of divergence and should have turned South on the 12th, still pointed north. 

On 1 hour, plenty plenty divergence. showed a slight dip today and now pointed north again.

On 10 min small divergence with sideways movement, leaning towards north.

 

so with all this divergence it seems that according to the charts SHE is ready to point her titi3s North and step on the gas, so just because i said that and recommit to long tomorrow it will probably do a swift Uturn and prove me right and wrong at the same time.

 

Really confused 

   

 

G

Don't worry, I'm also confused but you can't fight the trend!Clearly yesterday was not a valid reversal but it will come...

 

We had a correction since September so this is built up consolidation getting released so the negative divergence doesn't mean much until she decides to take the plunge!

 

Still counting on that reversal (signal) happening soon to kick off the return move before committing to anything!Thursday afternoon might be the magic timeframe.....(going on history)!Upper daily bollingerband is around 47300 so might push for that....

 

A

[Fleetstroke1]

My logic sometimes loses me. I want to know "what kind of an investor wakes up in the morning to sell a share at less than what it closed at the day before?"... It does not make any sense to me....

[BBW]

What happened to the plain English Alsi thread!!? 

[gannet]

So many Jabberwocks to feed

 

Hope there's enough Bull to go around

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[ZoomZ]

white dragons....bejamin fulford...nesara/gesara.....business is so bad in US even the CIA in Langley has been shut down...what gives mon? tick tock. BUT if USD collapses the down will hit 23000...or 10000. zoom

[Vertebrae]

Only worry I have regarding this loan extension request, is why would Germany agree to it, if Greece does not continue on its current bail out package?

 

Options are grim for them, Varoufakis got better cards

[Beorn]

Only worry I have regarding this loan extension request, is why would Germany agree to it, if Greece does not continue on its current bail out package?

[ZoomZ]

V...indeed 'tis a strange world...Lewis Caroll warned us...as did the bard....'tis a stage...all of it...the bard was not even english...or red headed. .......tobeornottobe

[ZoomZ]

I am long ZAR, now heavily Russian Roubles, etf Chinese Yuan/RMB, HK Dollar, Iraqi Dinar, Vietnam Dong. Old ZIM $ 'real' currency if one can get it. The US dollar is dead. Long live the US Dollar. snigger. Warning:Blowout tops in anything coupled to what the media spins or pushes is precisely when and where the smart money is distributing to the idiots. Many thanks for your concern.

[Vertebrae]

mmm that's a thought indeed. but FACT for the day: Believe all of what you read Believe all of what you hear Believe double of what your eyes see.

 

If this be fact it could explain many strange things such as why zombie movies are so popular and why banks are zombified etc

[Beorn]

mmm that's a thought indeed.

but FACT for the day:

Believe all of what you read
Believe all of what you hear
Believe double of what your eyes see.

Are you still holding your long ZAR trade?
Or am I thinking of someone else?

[ZoomZ]

mmm that's a thought indeed. but FACT for the day: Believe all of what you read Believe all of what you hear Believe double of what your eyes see.