31 votes
The Oracle
Posted 06 November 2014 - 12:18 PM
For interest sake, this is what I see.
The making of a 1 2 3 move, with new lows to confirm the move, and then down hard
(This is a daily chart)
123 move.png 208.2KB
15 downloads
Edited by Beorn, 06 November 2014 - 12:21 PM.
Alsi future
I only post my views, not advice
Master
Posted 06 November 2014 - 11:14 AM
IMO - valid on longer timeframe leaves rare as rockinhorsdoo for no close.
IMO _ We sit under a breakaway gap that not closed, but on longer timeframe I give no chance for no close.
IMO - Sell any rally whenever the microphone is about to be given to Draghi.
Thanks V, safe to keep my shorts then (longer time frames - "earning" interest, but playing havoc with my account and mind - freakin' BOJ!). Longs only for day trading, or till Xmas (if A's right)...?
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
The Artist
Posted 06 November 2014 - 11:12 AM
You just confirmed it A, short it is.
Just kidding
Don't pull a bear on you! 
A
"Never never never give up!"
Advanced Member
Posted 06 November 2014 - 11:09 AM
You just confirmed it A, short it is.
Just kidding
The Oracle
Posted 06 November 2014 - 10:58 AM
Everybody (mom and pop) are expecting the markets to sell off soon and or staying out or shorting it...and she just continues up!
I'm bullish and bought into the dip today, think we are just going to continue grinding higher into end of year!
Gap will stay open IMO!Gold and commodities are at a 3 year cycle low.....
Liquidity is hitting the markets again and it will pretty much stream into the EM world where the yields are low!
US charts made a wedge that broke down (fake?) October but now looks as if it is breaking out up..and if uber bullish!
Santa is already here folks!
A
You just confirmed it A, short it is. 
Just kidding
Alsi future
I only post my views, not advice
The Oracle
Posted 06 November 2014 - 10:56 AM
IMO - valid on longer timeframe leaves rare as rockinhorsdoo for no close.
IMO _ We sit under a breakaway gap that not closed, but on longer timeframe I give no chance for no close.
IMO - Sell any rally whenever the microphone is about to be given to Draghi.
I must agree, Super Mario has last had a positive effect on market when he said "What ever it takes".
I wonder what he will do in reply to BOJ though?
BOJ really has undone most of the EU QE in a short time frame.
I agree with shorting all rallies also.
Does not happen often that I agree with you, so something is amuck!
Edited by Beorn, 06 November 2014 - 11:00 AM.
Alsi future
I only post my views, not advice
The Artist
Posted 06 November 2014 - 10:54 AM
Everybody (mom and pop) are expecting the markets to sell off soon and or staying out or shorting it...and she just continues up!
I'm bullish and bought into the dip today, think we are just going to continue grinding higher into end of year!
Gap will stay open IMO!Gold and commodities are at a 3 year cycle low.....
Liquidity is hitting the markets again and it will pretty much stream into the EM world where the yields are low!
US charts made a wedge that broke down (fake?) October but now looks as if it is breaking out up..and if uber bullish!
Santa is already here folks!
A
"Never never never give up!"
Pachycephalosaurus
Posted 06 November 2014 - 10:40 AM
Meaning it's a "valid" gap, tradeable on the longer timeframes?
IMO - valid on longer timeframe leaves rare as rockinhorsdoo for no close.
IMO _ We sit under a breakaway gap that not closed, but on longer timeframe I give no chance for no close.
IMO - Sell any rally whenever the microphone is about to be given to Draghi.
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.
Master
Posted 06 November 2014 - 10:29 AM
The gap was not caused by bear stops being hit as sometimes when a wave 3 commences, but was suprise reaction to news.
The suprise has gone and so the gap becomes highly vulnerable.
TA indicators accumulate against continuation of the breakaway.
Meaning it's a "valid" gap, tradeable on the longer timeframes?
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Pachycephalosaurus
Posted 06 November 2014 - 07:15 AM
I want to make Mhlato angry a bit and talk about gaps again. I know you reckon there is no gap but this gap from friday on safex 43700ish is precisely on 38.2% Fib for the complete movement down from 22 sept and the other way round 38.2% from bottom 16 okt to high monday. I do feel a move to there in my very uneducated opinion. Lets hear from the the guys...
The gap was not caused by bear stops being hit as sometimes when a wave 3 commences, but was suprise reaction to news.
The suprise has gone and so the gap becomes highly vulnerable.
TA indicators accumulate against continuation of the breakaway.
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.
Little Master
Posted 05 November 2014 - 04:42 PM
Nice MP!
With my new (old) strategy of playing the waves I am bobbing up and down on the waters with one long since Tuesday!!!!
Thanks P!
Also trying to learn holding for longer periods, but I've relegated that to 2015.
You better know when to hold on, know when to walk away and know when to run!
Silfen Path Wanderer
Posted 05 November 2014 - 03:54 PM
1st long 44282 (IG). Irresistible dip.
Taking profits @44523 for 241 pips. Will leave a 'smallie' to run with trailing stop.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
Little Master
Posted 05 November 2014 - 03:22 PM
1st long 44282 (IG). Irresistible dip.
Taking profits @44523 for 241 pips. Will leave a 'smallie' to run with trailing stop.
You better know when to hold on, know when to walk away and know when to run!
Newbie
Posted 05 November 2014 - 02:20 PM
Member
Posted 05 November 2014 - 12:54 PM
the whole world is green, what is happening to us
Advanced Member
Posted 05 November 2014 - 11:53 AM
1st long 44282 (IG). Irresistible dip.
I want to make Mhlato angry a bit and talk about gaps again. I know you reckon there is no gap but this gap from friday on safex 43700ish is precisely on 38.2% Fib for the complete movement down from 22 sept and the other way round 38.2% from bottom 16 okt to high monday. I do feel a move to there in my very uneducated opinion. Lets hear from the the guys...
Little Master
Posted 05 November 2014 - 11:46 AM
1st long 44282 (IG). Irresistible dip.
You better know when to hold on, know when to walk away and know when to run!
Master
Posted 05 November 2014 - 08:14 AM
BBW, with all due respect, read my post of last night again
"Guess i should start using other charts than investing's?"
The problem with Inv.com is that their open and close prices are not correct
(They close "shop" @ 17:25 and open @ 08:35)
Sorry M, didn't pay enough attention to the OPEN and HIGH you mentioned. Thanks.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Pachycephalosaurus
Posted 05 November 2014 - 06:39 AM
But if we all on same page, better to find another book...
Little Master
Posted 04 November 2014 - 09:41 PM
Thank you M. So only daily gaps count? Can one trade the smaller time frame gaps or are they too "unreliable"; seems so?
BBW, with all due respect, read my post of last night again
"Guess i should start using other charts than investing's?"
The problem with Inv.com is that their open and close prices are not correct
(They close "shop" @ 17:25 and open @ 08:35)
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
