Geeze, looks like the end of the world!!!!!!!!!!
Wonder what is being priced in here now.
Posted 01 December 2014 - 09:14 AM
Geeze, looks like the end of the world!!!!!!!!!!
Wonder what is being priced in here now.
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 09:09 AM
Ok, closed short and long @ 43444, just looking for a bounce. then back in short
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 09:04 AM
It's not so much the ZAR strengthening, as the GBP & USD weakening.
But hey, this is just my opinion.
Ok, but why do you think the USD will weaken?
My read is that with the US economy picking up steam, rates will rise soon and money will flow out of developing countries into US bonds. Does not look good for the ZAR to me but since I travel a lot internationally I hope I'm wrong..
Posted 01 December 2014 - 08:55 AM
You really think the ZAR will strengthen given the latest trade gap?
It's not so much the ZAR strengthening, as the GBP & USD weakening.
But hey, this is just my opinion.
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 08:48 AM
And pretty soon the ZAR is going to start to strengthen, that should be the nail in the coffin, taking us down all the way.
Argento, you must be hoping for a reversal candle?
Whats your situation? Please just let me know when you are closing you longs, so I can close my shorts, I dont want to get caught off guard.
.
Just taking the piss. Good luck to you.
You really think the ZAR will strengthen given the latest trade gap?
Posted 01 December 2014 - 08:48 AM
And pretty soon the ZAR is going to start to strengthen, that should be the nail in the coffin, taking us down all the way.
Argento, you must be hoping for a reversal candle?
Whats your situation? Please just let me know when you are closing you longs, so I can close my shorts, I dont want to get caught off guard.
.
Just taking the piss. Good luck to you.
wait a minute...i saw this movie play last year as well!!!
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 01 December 2014 - 08:47 AM
I dont see us bouncing from here at all.<br />We might stay at these levels, or lower, I'm keeping all my shorts.<br />
And pretty soon the ZAR is going to start to strengthen, that should be the nail in the coffin, taking us down all the way.
Argento, you must be hoping for a reversal candle?
Whats your situation? Please just let me know when you are closing you longs, so I can close my shorts, I dont want to get caught off guard. .
Just taking the piss. Good luck to you.
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 08:35 AM
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 08:22 AM
Hmmm. DJW knockout level is 43 000. Line in sand is 43 568.
Not for Alsi.
We keep going lower without S&P or DJ confirming anything, funny money is starting to leave our shores.
Was inevitable, and plain to see for anyone who was willing, timing is the issue.
IMO
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 01 December 2014 - 08:12 AM
Hmmm. DJW knockout level is 43 000. Line in sand is 43 568.
if she breaks 43500...next stop 42000-ish
You better know when to hold on, know when to walk away and know when to run!
Posted 01 December 2014 - 08:02 AM
Hmmm. DJW knockout level is 43 000. Line in sand is 43 568.
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 07:35 AM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 01 December 2014 - 07:21 AM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
Hehehehe, short is the way.
Goodluck to all the bulls out there.
IMO this is easy money flowing out of South Africa. Lots and lots of it flowed into EM, so now lots and lots need to flow out again.
A
Sorry A, the bear is continuing today.
This might get messy for the bulls!
Mooi Jakes. Short indeed!
Alsi future
I only post my views, not advice
Posted 01 December 2014 - 05:54 AM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
Hehehehe, short is the way.
Goodluck to all the bulls out there.
IMO this is easy money flowing out of South Africa. Lots and lots of it flowed into EM, so now lots and lots need to flow out again.
A
Sorry A, the bear is continuing today.
This might get messy for the bulls!
Posted 01 December 2014 - 05:35 AM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
Hehehehe, short is the way.
Goodluck to all the bulls out there.
IMO this is easy money flowing out of South Africa. Lots and lots of it flowed into EM, so now lots and lots need to flow out again.
A
Alsi future
I only post my views, not advice
Posted 30 November 2014 - 08:23 AM
Excuse me, is this the end of the line?...
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
Desmond Tutu has been praying for the downfall of the ANC since 2011. Clearly he needs some assistance with such a difficult and worthy task..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
Posted 29 November 2014 - 06:49 PM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
A
Thats what makes a market, opposing views, someone needs to be on the other end of my short.
But goodluck to you sir.
Not the best way to end the week and the month. Not just the market but also trading platform. This morning no orders got filled. 20 min before an order went through to JSE. Got filled later higher up and and when it turned down again, another long lower. Before afternoon nap, the first long was red, about 200 pips. 2nd long slight red. Then the shock just before 1700. Flip. One of those occasions where you check three times before reality sinks in. Then frantically searching for the reasons. Long trek to Monday.
Chinese data on Sunday will make or brake the Alsi, imo.
Good data and I see us going back to 45000ish, bad data and I expect another 1+% down day.
Just my opinion though.
Hi B/J. Cannot see China data on Economic calendar. What is your source?
Alsi future
I only post my views, not advice
Posted 29 November 2014 - 01:26 PM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
A
Thats what makes a market, opposing views, someone needs to be on the other end of my short.
But goodluck to you sir.
Not the best way to end the week and the month. Not just the market but also trading platform. This morning no orders got filled. 20 min before an order went through to JSE. Got filled later higher up and and when it turned down again, another long lower. Before afternoon nap, the first long was red, about 200 pips. 2nd long slight red. Then the shock just before 1700. Flip. One of those occasions where you check three times before reality sinks in. Then frantically searching for the reasons. Long trek to Monday.
Chinese data on Sunday will make or brake the Alsi, imo.
Good data and I see us going back to 45000ish, bad data and I expect another 1+% down day.
Just my opinion though.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 29 November 2014 - 06:55 AM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
A
Thats what makes a market, opposing views, someone needs to be on the other end of my short.
But goodluck to you sir.
Not the best way to end the week and the month. Not just the market but also trading platform. This morning no orders got filled. 20 min before an order went through to JSE. Got filled later higher up and and when it turned down again, another long lower. Before afternoon nap, the first long was red, about 200 pips. 2nd long slight red. Then the shock just before 1700. Flip. One of those occasions where you check three times before reality sinks in. Then frantically searching for the reasons. Long trek to Monday.
Alsi future
I only post my views, not advice
Posted 28 November 2014 - 10:00 PM
Bulls will be here next week....I don't doubt it!EW's calling for new highs into Jan.....
A
Thats what makes a market, opposing views, someone needs to be on the other end of my short.
But goodluck to you sir.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.