35854 replies to this topic

[Ninja]

Oh my gold

[Vertebrae]

But to add...US made a very bullish reversal last nigh and this follow through can also mean the big low is in..markets are very oversold so think the bears had their party for now!Will monitor as she goes up.....

 

Me thinks back to buying the dips!

 

A

 

IMO either way a more significant upleg is now missing.

[Argento]

Short term I think we hit a low and should rally next week....BUT she didn't end with a reversal candle and see Caldaro also says US might be busy with a B leg, still got a final count down towards 42750ish futures for a possible final low!

 

Seasonal the beginning of an earning season month is usually bearish so she could move up into next Thursday and then drop for the final move down!

 

I'm staying with my call of this being only Intermediate IV with new highs into year end before Primary IV!

 

Since we should get a very impulsive Intermediate V up it usually is driven by an inverted H&S..so will be looking for such a pattern to form, might be busy with the left shoulder now but early days!

 

A

But to add...US made a very bullish reversal last nigh and this follow through can also mean the big low is in..markets are very oversold so think the bears had their party for now!Will monitor as she goes up.....

 

Me thinks back to buying the dips!

 

A

[Argento]

HI

 

I know you were expecting a bounce off  43200 (cash), I have had another look and we may be turning. what do you think. looking back 3 years the MACD is now at the lowest point in that term, I know I said a couple of post ago that this thing is going down but I am reconsidering that statement, Do you think the bottom is in for this drop. 

 

G

Short term I think we hit a low and should rally next week....BUT she didn't end with a reversal candle and see Caldaro also says US might be busy with a B leg, still got a final count down towards 42750ish futures for a possible final low!

 

Seasonal the beginning of an earning season month is usually bearish so she could move up into next Thursday and then drop for the final move down!

 

I'm staying with my call of this being only Intermediate IV with new highs into year end before Primary IV!

 

Since we should get a very impulsive Intermediate V up it usually is driven by an inverted H&S..so will be looking for such a pattern to form, might be busy with the left shoulder now but early days!

 

A

Edited by Argento, 03 October 2014 - 04:01 PM.

[delta66]

yes guys..it a real cluster***k..lack the commitment factor of longer term play

[Plasma]

So wonder what is is going to be. Good news being bad news or good news or no news being good news or bad news or bad news being good news or bad news...

[grantmu]

Thought you were short since yesterday afternoon bear?

 

A

HI

 

I know you were expecting a bounce off  43200 (cash), I have had another look and we may be turning. what do you think. looking back 3 years the MACD is now at the lowest point in that term, I know I said a couple of post ago that this thing is going down but I am reconsidering that statement, Do you think the bottom is in for this drop. 

 

G

[gannet]

On 5 min chart we are making higher highs and higher lows. More bullish than bearish, but these 200 to 300 pip swings allow for scalps on both sides of the fence.

 

This thing might accelerate if it breaks 43752

[Plasma]

On 5 min chart we are making higher highs and higher lows. More bullish than bearish, but these 200 to 300 pip swings allow for scalps on both sides of the fence.

[delta66]

lol@BC..trading similar strategy boet..well done. also out on my short scalps for some good coin.

[bear catcher]

And out 43270 total 245 points and finished for today Good luck to Bulls caught in the trap.GO BOKKE

[grantmu]

My view. 

 

we will not go up until mining is sorted out, and mining is still mostly deep in the red, if this thing gets past 43600  it would cross one of my moving averages that has not been crossed once since sep 19, I think this thing is going to turn around and go straight back down. this is just a bull trap, holding all my shorts all over 1000 P, I see 43800 and I will dump and go long, for now very happy holding shorts. 

 

 

G

[delta66]

my money is on a fall..trading micro's so just adding every 100p or so.  still comfy building this position

[bear catcher]

Add short 43490 go bears

[strydomk]

This is starting to look dangerous for shorts.

[delta66]

looking on a short time based window..i should be scared with that V formation but yeah ..i'm in it-gonna let ride for while

Edited by delta66, 03 October 2014 - 11:48 AM.

[delta66]

added 43402..agg 43351

[bear catcher]

Eish and there we shoot up another 100 points,

[bear catcher]

Thought you were short since yesterday afternoon bear?

 

A

I was but closed out all positions when i saw we were going up, i have learnt the hard way of not taking profits and seeing all being taken away, i just think with good US numbers we should go down again, too risky to go long and i feel this could be a good entry for short again, will keep a close eye on it but i do not think a friday pm rally is on the cards hopefully.

[Plasma]

Long at 35 035

After all the pain, some relief. All positions closed, though missed out on 100 pips at the highest point earlier. My target was 43 500, but did not get there. 256 last night and 275 today. Will see about the dividend thus afternoon.