35854 replies to this topic

[Motion Picture]

some days you just make your money in the morning...then go fishing for the rest of the day

[delta66]

horrible sideways action..closed in the black

 

watching...

[delta66]

short 43471 cash on scalp trade

43521 showing resistence..will add further up if there's a break, still have high conviction on this short

[Ettas]

She is at her downtrend line and once breached this rally should get legs....seems like that green candle showed its face afterall!

 

Might just open with a gap up on Monday if Asia joins the fun!

 

This is a medium term trade for me and sitting tight now!Bring it....

 

A

I have it same A

 

plus the harami/ inside day that formed is looking positive

[Ettas]

thought the lower chart offerd better reading as it seems to not only show the big waves but every little bump shows a count of every peak. 

 

Bigger pic attached

Thanx G

[delta66]

short 43471 cash on scalp trade

[grantmu]

G

 

Do you count the waves on the purple? 

thought the lower chart offerd better reading as it seems to not only show the big waves but every little bump shows a count of every peak. 

 

Bigger pic attached

Attached Files

•  South Africa.png   40.76KB   9 downloads

[Ettas]

Found something interesting in the determination of Bull and Bear markets. 

 

The attachment shows 2 different charts, the upper chart shows a more accurate type of MACD, you will see that the MACD shows we are bellow the zero line so would be in a bear market. This chart uses the basics of the MACD but mixes the information with a moving average to create a kind of Bollinger band with upper and lower touch points as the blue ribbon, this additional data prevents the MACD from returning to the zero line every evening. the data seems to be more accurate than the conventional MACD settings 

 

The second (lower chart) is more interesting as the data is derived from the movements within the Bollinger bands, this line adds up the number of points above and below the centre line to get the chart, what is interesting is that the chart clearly shows the bull is still on as it is above the 50 line, but it also shows that the last bear market, bellow the 50 line in SEP 2011 seems to be denoted correctly.

 

That would also indicate that there is some extra pain for the bulls, we are still a considerable distance from the 50 line. an interesting indicator, I will have to wait to verify the accuracy of the indicator when the bear market comes in earnest.

 

Another interesting thing this is it also seems to clearly show the Wave counts I have found it so difficult to see. if one of the WAVE riders can look at this and see if it has matched the larger waves I would appreciate it.

 

G

G

 

Do you count the waves on the purple? 

[Casenova]

This distribution is making my system useless in trying to call the bottom. for some reason i get 42455 which cannot be right

 

Well, when i made the post above i really doubted if it would come close, but i am proud to say that my system did not let me down...Yet

Edited by Casenova, 06 October 2014 - 08:16 AM.

[bear catcher]

Long or Short Clueless so rather sidelines atm

[Vertebrae]

Hey guys. Thinking of going long on CML after this pullback. Don't understand any of the Elliot wave theory. What is your opinion on what the market is going to do next week?

 

Expecting USD index to either commence pullback to 82.88 target or continue straight on from here to its 90.00 equal leg target.

The rest is consequential to the option it takes. But reversal to 82.88 would be more tidy with 2 fibs in attendance.

[Ninja]

Hope HDb, Farouk and all other Moslem friends had a lovely Bakkie eid🎉

[Future Warren Buffet]

Hey guys. Thinking of going long on CML after this pullback. Don't understand any of the Elliot wave theory. What is your opinion on what the market is going to do next week?

[Ninja]

Good buying opportunities only come once or twice in a year... You will never be able to buy right at the bottom, so stock up, shut up, sit tight and wait for Santa

My pick is gold and platinums

Edited by Ninja, 04 October 2014 - 06:09 PM.

[grantmu]

Found something interesting in the determination of Bull and Bear markets. 

 

The attachment shows 2 different charts, the upper chart shows a more accurate type of MACD, you will see that the MACD shows we are bellow the zero line so would be in a bear market. This chart uses the basics of the MACD but mixes the information with a moving average to create a kind of Bollinger band with upper and lower touch points as the blue ribbon, this additional data prevents the MACD from returning to the zero line every evening. the data seems to be more accurate than the conventional MACD settings 

 

The second (lower chart) is more interesting as the data is derived from the movements within the Bollinger bands, this line adds up the number of points above and below the centre line to get the chart, what is interesting is that the chart clearly shows the bull is still on as it is above the 50 line, but it also shows that the last bear market, bellow the 50 line in SEP 2011 seems to be denoted correctly.

 

That would also indicate that there is some extra pain for the bulls, we are still a considerable distance from the 50 line. an interesting indicator, I will have to wait to verify the accuracy of the indicator when the bear market comes in earnest.

 

Another interesting thing this is it also seems to clearly show the Wave counts I have found it so difficult to see. if one of the WAVE riders can look at this and see if it has matched the larger waves I would appreciate it.

 

G

 

 

Attached Files

•  South Africa 40 Cash.png   77.89KB   34 downloads

Edited by grantmu, 04 October 2014 - 12:17 AM.

[Plasma]

Well done Plasma,big balls for going long yesterday,big risk taken but big reward. Think Monday is gonna kill the bear

Thanks BC...need to rest for Monday

[bear catcher]

Well done Plasma,big balls for going long yesterday,big risk taken but big reward. Think Monday is gonna kill the bear

[Plasma]

Good way to end the week. 819 pips since last night. But still not enough for all that I threw away earlier the week.

[Vertebrae]

But this cannot be illegal... its how all markets work... http://tinyurl.com/op46hug

Those algos are the most popular

 

 

 

[Argento]

We should see a nice green daily candle tomorrow to confirm an engulfing candle and kick off the next leg up....long it is boys!!

 

I am bullish now!

 

A

She is at her downtrend line and once breached this rally should get legs....seems like that green candle showed its face afterall!

 

Might just open with a gap up on Monday if Asia joins the fun!

 

This is a medium term trade for me and sitting tight now!Bring it....

 

A

Attached Files

•  TOP40 (Downtrend line).jpg   151.85KB   30 downloads