could be right amazon down 11% after hours but oz up 0.5%
31 votes
ALSI Trades
Started by
Plasma
, Apr 03 2013 09:05 PM
35854 replies to this topic
#12882
Beorn
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The Oracle
Posted 23 October 2014 - 09:31 PM
I have been adding shorts all along with the last week's rallies.<br />Built up a bit large position size for my liking, but tomorrow there will be blood in the streets, and I will profit from the dumb money.<br /><br />IMO
Alsi future
I only post my views, not advice
#12883
RusQ
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Posted 23 October 2014 - 07:20 PM
several interesting posts, sorry for not quoting them all 
IIF we gap up tomorrow and it is not closed by Monday latest, my strategy will change to normal size long and half size short. we may not and i will adjust accordingly. charts looks kinda shyte, prime opportunity for the bear to strike? my amateur wave count disagree with Caldaro. i'm not trading either.
got stopped on my long early today, but somehow still ended the day with a baby long 
Life is for living...
#12884
Vertebrae
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Pachycephalosaurus
- LocationDystopia
Posted 23 October 2014 - 05:24 PM
That makes 3 unclosed SPX 500 gaps with reversal due.
But first will someone close the safex gap please.
Thanks for that. Now I can bear it.
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.
#12885
K~~
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Master
Posted 23 October 2014 - 03:45 PM
As I have it, after the trendline has been broken, expect a retest of the low. If the test fails to resume the original trend, then it will go the other way. If the retest is slightly lower than the low, then expect two legs up. Now these guidelines are fine on a 5 min or other timescale. But from a daily perspective it takes patience beyond what I was capable of. Now in a phase to try this longer perspective out, since the intra day game has been killing me slowly. Currently about 14 000 pips down for the year. Wanted to break even this fin year. Perhaps not. Back to waves to retest my original wave trading experience. Warrant waves, not Elliot. Wave after wave .....
Plasma, how can you be 14000 pips down? What percentage is that in terms of your account?
I try to make 2000 pips consistently per month. With my account currently worth 28000 pips, that's 7% per month. 14000 pips down for me would mean my account has halved...
Hope you can turn this around and tame THE BEAST!
Prosperous trading
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#12886
Vertebrae
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Pachycephalosaurus
- LocationDystopia
Posted 23 October 2014 - 03:42 PM
That makes 3 unclosed SPX 500 gaps with reversal due.
But first will someone close the safex gap please.
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.
#12887
Plasma
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- Senior Member
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- 2,286 posts
Silfen Path Wanderer
- LocationSilvergalde
Posted 23 October 2014 - 01:15 PM
As I have it, after the trendline has been broken, expect a retest of the low. If the test fails to resume the original trend, then it will go the other way. If the retest is slightly lower than the low, then expect two legs up. Now these guidelines are fine on a 5 min or other timescale. But from a daily perspective it takes patience beyond what I was capable of. Now in a phase to try this longer perspective out, since the intra day game has been killing me slowly. Currently about 14 000 pips down for the year. Wanted to break even this fin year. Perhaps not. Back to waves to retest my original wave trading experience. Warrant waves, not Elliot. Wave after wave .....
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
#12888
Vertebrae
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Pachycephalosaurus
- LocationDystopia
Posted 23 October 2014 - 01:03 PM
Rule #8
All patterns fail, and the failures often fail, but a failed failure is a second entry in the original direction and has a high probability of success
OK for second entry but what about second coming?
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.
#12889
Motion Picture
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Little Master
Posted 23 October 2014 - 12:21 PM
Meanwhile someone forgot to propely close the safex gap, causing dust
You better know when to hold on, know when to walk away and know when to run!
#12890
Vertebrae
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Pachycephalosaurus
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Posted 23 October 2014 - 11:46 AM
Well, glad I took my mula's when I did..sure looks like a bear flag now more than an inverted H&S!
With QE ending, the major bull channel broken since June 2013 and the 7 year cycle topping I might have been to optimistic with new highs!
Caldaro very sure about his Primary IV count...and see it going much lower!
Watching from the sidelines now....these moves are very risky and could go any way!
Could we head for the Major 4 low around 38 275 futures...time will tell!?
A
SPX futures @ 61.8% retrace. Caldaro expects this is a of abc.
But maybe a panic attack could forget the c
Meanwhile someone forgot to propely close the safex gap, causing dust
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.
#12891
Motion Picture
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- 643 posts
Little Master
Posted 23 October 2014 - 09:47 AM
This bear is not relenting!
I like the bulls...they fight back...whether they're blue bulls or green
You better know when to hold on, know when to walk away and know when to run!
#12892
davidp13
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Little Master
Posted 23 October 2014 - 09:45 AM
this should also not play out
and guess what...
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#12893
Argento
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- Senior Member
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The Artist
- LocationJohannesburg
Posted 23 October 2014 - 09:41 AM
I'm out, don't like this action at all!
A
Well, glad I took my mula's when I did..sure looks like a bear flag now more than an inverted H&S!
With QE ending, the major bull channel broken since June 2013 and the 7 year cycle topping I might have been to optimistic with new highs!
Caldaro very sure about his Primary IV count...and see it going much lower!
Watching from the sidelines now....these moves are very risky and could go any way!
Could we head for the Major 4 low around 38 275 futures...time will tell!?
A
"Never never never give up!"
#12894
Motion Picture
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Little Master
Posted 23 October 2014 - 09:13 AM
This bear is not relenting! 
You better know when to hold on, know when to walk away and know when to run!
#12895
Vertebrae
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Pachycephalosaurus
- LocationDystopia
Posted 23 October 2014 - 08:07 AM
Is gold destined to follow the miners ?
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.
#12896
zoner
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- Senior Member
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- 272 posts
Advanced Member
- LocationSouth Africa
Posted 23 October 2014 - 07:47 AM
Paranoid Android
#12897
delta66
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"Veni, vidi, vici"
- Location37.2350° N, 115.8111° W
Posted 22 October 2014 - 09:29 PM
“melior diabolus quem scies”
#12898
RusQ
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Posted 22 October 2014 - 09:15 PM
So, it was more of a statement then? Anyway,i did not see it as criticism (which i am always open to) either
My system got me in long this morning as well but i am a bit worried.... 6.5% over 3 day's??
did go short and currently long.
not really, just like the song https://www.youtube....h?v=wTP2RUD_cL0
Life is for living...
#12899
AJS
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Sage
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Posted 22 October 2014 - 05:42 PM
"Trade what you see, not what you think"
#12900
OceanWalz
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Master
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Posted 22 October 2014 - 05:38 PM
this should also not play out
and this BIL graph is rather classical formation with 50dma below 200dam and every ma trending south! today close is same price it was in April 2008 ( so did not not even give inflation cover since then) and that is in ZAR terms - if you take Real $ terms for currency and inflation eating effects then even worse
Edited by OceanWalz, 22 October 2014 - 05:41 PM.
