31 votes
The Artist
Posted 03 November 2014 - 04:37 PM
With these inverted H&S patterns once she starts the breakout it really feels as if she is going to the moon...even if the RSI's scream overbought...that's why I'm just sitting tight!
Should form some mini distribution top before a breather take place but for now think she is going to keep hurting the bears!
Might start the climb again this afternoon!
A
Lekker man!!
A
"Never never never give up!"
The Artist
Posted 03 November 2014 - 01:35 PM
No position atm. Closed my DWD call warrant much to early on Friday. Now waiting, since DWD is now quite expensive. Waiting as well, since we are 2 legs up on dailies and after breaching resistance at 44 000 ish, we are at the BB upper band. Also thought that today might be a counter trend day or a breather. If I did not close DWD on Friday, then probably would also have been sitting tight. 2nd week of being back in warrants....account 14% up. Need to reopen standard back account since the trading app is available. Absa still to slow etc.
Question A...
Knowing you play the waves, how do you use future graphs from investing.com to play the waves where the underlying is top40 cash?
Hi P,
Just work out the exercise level and adjust accordingly, always around 270 points difference (54c), otherwise you can just trade the normal TOP40 graph on investing.com! 
A
"Never never never give up!"
Silfen Path Wanderer
Posted 03 November 2014 - 12:55 PM
With these inverted H&S patterns once she starts the breakout it really feels as if she is going to the moon...even if the RSI's scream overbought...that's why I'm just sitting tight!
My indicators say we are overbought so a bit scared to go long. Saying that japan was a bit of a game changer. Just closed my last long so now not really sure what to do. Hoping for a pullback (Profit taking) to go long again.
Should form some mini distribution top before a breather take place but for now think she is going to keep hurting the bears!
Might start the climb again this afternoon!
A
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
The Artist
Posted 03 November 2014 - 11:31 AM
My indicators say we are overbought so a bit scared to go long. Saying that japan was a bit of a game changer. Just closed my last long so now not really sure what to do. Hoping for a pullback (Profit taking) to go long again.
With these inverted H&S patterns once she starts the breakout it really feels as if she is going to the moon...even if the RSI's scream overbought...that's why I'm just sitting tight!
Should form some mini distribution top before a breather take place but for now think she is going to keep hurting the bears!
Might start the climb again this afternoon!
A
"Never never never give up!"
Little Master
Posted 03 November 2014 - 11:22 AM
Got a 5H bullish cross so she should continue up...and expecting a bullish month due to the monthly candle of Oct..seasonals calling for upside into Thursday before a breather!Let's see how it goes....
Anybody left on the forum?
A
Waiting patiently to pounce like a crocodile. I just want her to dip a bit more, so I can add a nice long. 44100-ish (IG), would be a dream come true, but I don't think she wants to sink that low (she got some pride you know )
You better know when to hold on, know when to walk away and know when to run!
Advanced Member
Posted 03 November 2014 - 11:09 AM
The Artist
Posted 03 November 2014 - 11:01 AM
Got a 5H bullish cross so she should continue up...and expecting a bullish month due to the monthly candle of Oct..seasonals calling for upside into Thursday before a breather!Let's see how it goes....
Anybody left on the forum?
A
"Never never never give up!"
Master
Posted 03 November 2014 - 09:27 AM
You sure about that? My data show that there were no open gaps (up/down) since the beginning of this year, and this mornings gap was closed just after 9:00.
The only "open gap" (19 Sept) is imo not a true gap because it was not caused by selling or buying pressure, i see it as a roll-over gap, same as the one on 19 Dec last year.
@ RusQ. also had a sit down with him in '98 when he was involved with SA WARRANTS, and thanks to the pointers he gave me managed to stay alive (have lost a shirt or two when i deviated)
Mhlato, what about the gaps @ 46170 (22/9) and 43430 (31/10) on the smaller time frames (1/4/5/ hrs)? Do they not count?
Ps: Guys (and girls) starting a new topic - Please post, or copy, your good (trading/investing) books there!
Edited by BBW, 03 November 2014 - 09:31 AM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Pachycephalosaurus
Posted 03 November 2014 - 08:37 AM
apart from Jesse's story, Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds should at some point be mandatory read for serious traders?
Also recommended...
John Robison’s Proofs of a Conspiracy
The 13 Satanic Bloodlines of the Illuminati
The Corporation - The Pathological Pursuit of Profit and Power - by Joel Bakan
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.
Sage
Posted 02 November 2014 - 01:21 PM
load shedding is going to make this week interesting, make sure you have a backup access to the internet.
Member
Posted 01 November 2014 - 08:12 PM
apart from Jesse's story, Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds should at some point be mandatory read for serious traders?
Money, again, has often been a cause of the delusion of multitudes. Sober nations have all at once
become desperate gamblers, and risked almost their existence upon the turn of a piece of
paper.
Life is for living...
Member
Posted 01 November 2014 - 08:01 PM
apart from Jesse's story, Charles Mackay's Extraordinary Popular Delusions and the Madness of Crowds should at some point be mandatory read for serious traders?
Life is for living...
Silfen Path Wanderer
Posted 01 November 2014 - 07:51 PM
the next world war will be won in the financial markets!! (not sure who to attribute this to, not me)
And in their richest hour they used the lifetime savings of others in order to engorge themselves further
And it was truly the highest high of their growing evil and yet the rape had just begun
sjeesh, i'm old enough to have listened to one of the WotW broadcasts (http://en.wikipedia....ds_(radio_drama) ) on SW in the seventies. was my early experience of how people grow mad in crowds and recover on-by-one.
got stopped out on my shorts (thanks BoJ) for a small loss and will be looking for the next signal come monday.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Member
Posted 01 November 2014 - 07:19 PM
And in their richest hour they used the lifetime savings of others in order to engorge themselves further
And it was truly the highest high of their growing evil and yet the rape had just begun
the next world war will be won in the financial markets!! (not sure who to attribute this to, not me)
sjeesh, i'm old enough to have listened to one of the WotW broadcasts (http://en.wikipedia....s_(radio_drama) ) on SW in the seventies. was my early experience of how people grow mad in crowds and recover on-by-one.
got stopped out on my shorts (thanks BoJ) for a small loss and will be looking for the next signal come monday.
Life is for living...
Pachycephalosaurus
Posted 31 October 2014 - 04:24 PM
And in their richest hour they used the lifetime savings of others in order to engorge themselves further
And it was truly the highest high of their growing evil and yet the rape had just begun
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 31 October 2014 - 03:49 PM
S&P shoot/gap up; alsi down? MM's??
Oh, I see (in simple terms): ALSI, S&P futures on FTSE "level" in mornings, then ALSI switch to S&P "level" in afternoons??
Edited by BBW, 31 October 2014 - 03:50 PM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Pachycephalosaurus
Posted 31 October 2014 - 03:47 PM
Beware the Jabberwock, my son! The jaws that bite, the claws that catch! Beware the Jubjub bird, and shun The frumious Bandersnatch!
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 31 October 2014 - 03:34 PM
S&P shoot/gap up; alsi down? MM's??
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Newbie
Posted 31 October 2014 - 03:03 PM
Nice bull run (1000 points) but, interesting that Gold and Brent Crude were not invited to the party both are taking a beating.
Dollar strength
Newbie
Posted 31 October 2014 - 03:00 PM
Nice bull run (1000 points) but, interesting that Gold and Brent Crude were not invited to the party both are taking a beating.
