Ftse S2 gone

ALSI Trades
#13701
Posted 23 September 2014 - 10:02 AM
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13703
Posted 23 September 2014 - 10:00 AM
Argento, on 23 Sept 2014 - 07:45 AM, said:
Thought you said we are going higher this morning because of the resources?
A
yes it did go up in morning ...BIL was up over a percent at opening...I made over 200p when I closed first thing at opening
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13704
Posted 23 September 2014 - 09:57 AM
Argento, on 23 Sept 2014 - 07:45 AM, said:
Did you catch the whole drop from the top and how many points in total did you bag so far?
Easy to say now, with day trading you tend to miss these big drops, you did say Sept and October going to be bearish but if you have been short since beginning September into the 18th you would have lost money (1300 points up)?
Thought you said we are going higher this morning because of the resources?
I say again, very difficult market to trade and hindsight can be a b@tch!
A
Nopes.....no overnight trades...just trade it daily!! gives me a chance of going both long and short!!! hate sleepless nights!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13705
Posted 23 September 2014 - 09:57 AM
IG CASH
#13706
Posted 23 September 2014 - 09:45 AM
HDB, on 23 Sept 2014 - 07:25 AM, said:
U guys were warned countless times about AUG, Sept and Oct..
A u said Sept has for last 3 years been bullish....Agreed because of QE...Now with QE going u cannot use last 3 years..Take a 50year sample and you will see!!!
Did you catch the whole drop from the top and how many points in total did you bag so far?
Easy to say now, with day trading you tend to miss these big drops, you did say Sept and October going to be bearish but if you have been short since beginning September into the 18th you would have lost money (1300 points up)?
Thought you said we are going higher this morning because of the resources?
I say again, very difficult market to trade and hindsight can be a b@tch!
A
"Never never never give up!"
#13707
Posted 23 September 2014 - 09:35 AM
Germany PMI misses estimate, more pain for the Bulls. I entered a long late yesterday but decided to cut my losses early this morning, will sit on the sidelines for now
#13708
Posted 23 September 2014 - 09:25 AM
Argento, on 23 Sept 2014 - 07:21 AM, said:
The 44200 target is based on the distribution made at the top, so not a fib target!
Unfortunately the next coming weeks (into 08th/09th Oct) is seasonally also down so apart from a B leg up this slide is only getting started now!
A
U guys were warned countless times about AUG, Sept and Oct..
A u said Sept has for last 3 years been bullish....Agreed because of QE...Now with QE going u cannot use last 3 years..Take a 50year sample and you will see!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13709
Posted 23 September 2014 - 09:21 AM
grantmu, on 22 Sept 2014 - 3:33 PM, said:
is this a calculation using Fib or based on the first part of the wave.
G
The 44200 target is based on the distribution made at the top, so not a fib target!
Unfortunately the next coming weeks (into 08th/09th Oct) is seasonally also down so apart from a B leg up this slide is only getting started now!
A
"Never never never give up!"
#13710
Posted 23 September 2014 - 09:16 AM
Plasma, on 22 Sept 2014 - 7:30 PM, said:
Long 45211. Either a smile or nothing tomorrow.
Took 161 on the long and gave it ALL back plus some.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#13711
Posted 23 September 2014 - 09:12 AM
HDB, on 23 Sept 2014 - 07:11 AM, said:
and S1 is 400p down.... tailwinds big time here fro shorts!!
and pain for longs.... Yesterdays support went....more pain to follow!!
and FTSE just broke S1...mmm trouble again
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13712
Posted 23 September 2014 - 09:11 AM
Argento, on 23 Sept 2014 - 07:09 AM, said:
Next support is only 45400 futures (300 points down)...to play longs now is to try and catch a falling knife!
A
and S1 is 400p down.... tailwinds big time here fro shorts!!
and pain for longs.... Yesterdays support went....more pain to follow!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13713
Posted 23 September 2014 - 09:09 AM
Casenova, on 23 Sept 2014 - 06:30 AM, said:
Long @ 45334 , Just playing the channel, when the price goes below 45075 i will be covering.
Next support is only 45400 futures (300 points down)...to play longs now is to try and catch a falling knife!
A
"Never never never give up!"
#13714
Posted 23 September 2014 - 08:30 AM
Long @ 45334 , Just playing the channel, when the price goes below 45075 i will be covering.
#13715
Posted 23 September 2014 - 08:25 AM
Vertebrae, on 23 Sept 2014 - 06:21 AM, said:
SPX & ALSI count now same. Another badboy irregular 2nd.
An HDB trumpet extends to the users anus. Very popular with control freaks
were u sitting or standing as you wrote that?
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#13716
Posted 23 September 2014 - 08:21 AM
SPX & ALSI count now same. Another badboy irregular 2nd.
An HDB trumpet extends to the users anus. Very popular with control freaks
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.
#13717
Posted 23 September 2014 - 08:17 AM
Well, the bull takes the stairs, and the bear takes the window...
#13718
Posted 23 September 2014 - 06:45 AM
China PMI up to 50.5. I thought we would at least go up 100p even though it's after hours. Despite the + China data is BHP down 0.9% in Ausie.
#13719
Posted 22 September 2014 - 10:01 PM
Plasma, on 22 Sept 2014 - 7:30 PM, said:
Long 45211. Either a smile or nothing tomorrow.
I am in the same boat, picked up log on Friday, added another 3 at the midday point today, so if we are talking about a large drop from here it is time to put in a covering short to keep the longs safe. the thing is my system is still telling me a turn is due right now, we were oversold at 12 today we are even more so now, my system does get a bit confused when there is an overextension and I think that is what we are in now.
so i am sort of long and win or still long and in pain.
screwed I think is the technical term for this.
G
#13720
Posted 22 September 2014 - 09:57 PM
Hey guy, if you wanna study technicals, I would recommend getting this book.
"John J Murphy - Technical Analysis Of The Financial Markets"