Jump to content


Photo
* * * * - 31 votes

ALSI Trades


  • Please log in to reply
35854 replies to this topic

#14301 Roundtree

Roundtree

    Advanced Member

  • Members
  • PipPipPip
  • 296 posts
  • LocationJohannesburg

Posted 12 September 2014 - 04:16 PM

Long @ 45786. Target: Who knows?

 

Happy trading.

 

Target 46112.

 

Have a lovely weekend, fellas.


  • 0

Happy trading!


#14302 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 12 September 2014 - 04:15 PM

42 is scary hey...Argento will love it  :D

 

What is more scary is that a couple of us here (me included) called "the top" at the beginning of this year and thought that "this is it".  I am laughing at myself now looking back at that.  And that was when we flirted with 41k - 42k.  


  • 0
"Trade what you see, not what you think"

#14303 Mhlato

Mhlato

    Little Master

  • Senior Member
  • PipPipPipPip
  • 588 posts
  • LocationNTvl

Posted 12 September 2014 - 04:11 PM

Yeah, true that. Well either way, you guys did caught on to what I was trying to point out! ;)

 

Have a good weekend!

 

42 is scary hey...Argento will love it  :D


  • 0

"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch


#14304 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 12 September 2014 - 04:06 PM

Nothing wrong with your chart...100 - 38.2 = 61.8  :)

 

Yeah, true that. Well either way, you guys did caught on to what I was trying to point out! ;)

 

Have a good weekend!


  • 0
"Trade what you see, not what you think"

#14305 Mhlato

Mhlato

    Little Master

  • Senior Member
  • PipPipPipPip
  • 588 posts
  • LocationNTvl

Posted 12 September 2014 - 04:05 PM

Yeah, sorry. Had my thingys the other way around. :) Dankie M!

 

Nothing wrong with your chart...100 - 38.2 = 61.8  :)


  • 0

"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch


#14306 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 12 September 2014 - 03:58 PM

The 38.2% retracement is around 42?

 

Yeah, sorry. Had my thingys the other way around. :) Dankie M!


  • 0
"Trade what you see, not what you think"

#14307 Mhlato

Mhlato

    Little Master

  • Senior Member
  • PipPipPipPip
  • 588 posts
  • LocationNTvl

Posted 12 September 2014 - 03:54 PM

im not an expert but im pretty sure that fib is wrong...should you not be looking for retracement??

 

The 38.2% retracement is around 42?

Attached Files


  • 0

"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch


#14308 strydomk

strydomk

    Advanced Member

  • Members
  • PipPipPip
  • 290 posts

Posted 12 September 2014 - 03:49 PM

Somehow the bulls pulled it back. Eh now what??? Sideline time.
  • 0

#14309 Shortboy

Shortboy

    Advanced Member

  • Members
  • PipPipPip
  • 451 posts
  • LocationSouth Africa

Posted 12 September 2014 - 03:49 PM

Hahaha, absolutely not.

 

again, no offence to anyone on this forum, but I dont think it would be worth IG's time to try and con the few people on this forum.

 

But then again, that is just my opinion.

Its an opinion I agree with.


  • 0

IG SA40


#14310 RBM

RBM

    Master

  • Members
  • PipPipPipPipPip
  • 1,053 posts

Posted 12 September 2014 - 03:46 PM

bulls f'd


  • 0

#14311 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 12 September 2014 - 03:43 PM

Ya I know I just like saying that, do you work for IG?

 

Hahaha, absolutely not.

 

again, no offence to anyone on this forum, but I dont think it would be worth IG's time to try and con the few people on this forum.

 

But then again, that is just my opinion.


  • 1

Alsi future

 

I only post my views, not advice


#14312 grantmu

grantmu

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,421 posts

Posted 12 September 2014 - 03:42 PM

Hope your stop is below 45400..

now now that is just gloating 


  • 0

#14313 Roundtree

Roundtree

    Advanced Member

  • Members
  • PipPipPip
  • 296 posts
  • LocationJohannesburg

Posted 12 September 2014 - 03:41 PM

Long @ 45786. Target: Who knows?

 

Happy trading.


  • 0

Happy trading!


#14314 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 12 September 2014 - 03:40 PM

market maker taking out stops again

Hope your stop is below 45400..


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.


#14315 RBM

RBM

    Master

  • Members
  • PipPipPipPipPip
  • 1,053 posts

Posted 12 September 2014 - 03:36 PM

No offence, but every time the market moves against your call, its not always the market makers.

Ya I know I just like saying that, do you work for IG?


  • 0

#14316 Beorn

Beorn

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,219 posts

Posted 12 September 2014 - 03:30 PM

market maker taking out stops again

 

No offence, but every time the market moves against your call, its not always the market makers.


  • 1

Alsi future

 

I only post my views, not advice


#14317 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 12 September 2014 - 03:22 PM

im not an expert but im pretty sure that fib is wrong...should you not be looking for retracement??

 

That is assuming that the 47xxx level we saw earlier was the high from the low made in June 2013.


  • 0
"Trade what you see, not what you think"

#14318 RBM

RBM

    Master

  • Members
  • PipPipPipPipPip
  • 1,053 posts

Posted 12 September 2014 - 03:19 PM

market maker taking out stops again


  • 0

#14319 Ettas

Ettas

    Advanced Member

  • Members
  • PipPipPip
  • 255 posts

Posted 12 September 2014 - 03:15 PM

Good one A.

 

Similar chart saying the same thing.  Smaller flag-like structure withing a big(ger) channel, as V has also pointed out.  Break below both green lines should be considered bearish. The 61.8% Fib level lies neatly at 42 000.  Otherwise, if the level in pink is overcome it is blue skies to 48 000 +.

 

Anything in between is not for me at the moment - just losing precious capital trying to play the range (which is starting to narrow more and more).

 

Be safe out there!

 

attachicon.gifALSI_daily_12Sep14.PNG

im not an expert but im pretty sure that fib is wrong...should you not be looking for retracement??


  • 0

#14320 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 12 September 2014 - 03:12 PM

Sorry, correct graph attached!

 

A

 

Good one A.

 

Similar chart saying the same thing.  Smaller flag-like structure withing a big(ger) channel, as V has also pointed out.  Break below both green lines should be considered bearish. The 61.8% Fib level lies neatly at 42 000.  Otherwise, if the level in pink is overcome it is blue skies to 48 000 +.

 

Anything in between is not for me at the moment - just losing precious capital trying to play the range (which is starting to narrow more and more).

 

Be safe out there!

 

Attached File  ALSI_daily_12Sep14.PNG   262.07KB   14 downloads


  • 0
"Trade what you see, not what you think"





Sponsored by Sharenet and VPSNine Linux VPS Hosting