31 votes
Master
Posted 13 August 2014 - 02:30 PM
If the US semiconducters showing a buy then markets will follow!Bounced on key support and deep oversold, the bull is back and QE is still flowing in!
Buy the dips boys!!
Watch the US take us higher later this afternoon!
A
you mean back to the bottom..
The Oracle
Posted 13 August 2014 - 02:20 PM
Why?
three words " today was rigged"
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
The Artist
Posted 13 August 2014 - 02:19 PM
This market is now seriously back in bullmode and I expect new highs by next friday to end minor 1!So holding my longs....
We are above the daily middle bollingerband and daily 21!
Usually with such a false break down we saw last friday short sellers get caught off guard and it causes a significant rally, don't miss it!
European indexes had a huge corrections and they got catching up to do!
A
If the US semiconducters showing a buy then markets will follow!Bounced on key support and deep oversold, the bull is back and QE is still flowing in!
Buy the dips boys!!
Watch the US take us higher later this afternoon!
A
US Semiconducters.jpg 32.14KB
2 downloads
"Never never never give up!"
Silfen Path Wanderer
Posted 13 August 2014 - 02:12 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business. 
The Oracle
Posted 13 August 2014 - 02:12 PM
Why?
some times you have to beat the MMs at their own game,....
I know my system says short(price below 204ema), all emas pointing down, H&S in play, rand strenghtening...but today I wanna die fighting!!!
Ps have my stop in place in case it gets klapped!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Advanced Member
Posted 13 August 2014 - 02:08 PM
blow the H&S...im buying big time long at 46300
Why?
The Oracle
Posted 13 August 2014 - 01:59 PM
Another perfect H&S on 5 min chart, neckline 45300
blow the H&S...im buying big time long at 46300
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Master
Posted 13 August 2014 - 01:52 PM
Textbook H&S.
PS: There is a bigger one in the works, also on the 5mins...
Another perfect H&S on 5 min chart, neckline 45300
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
The Oracle
Posted 13 August 2014 - 01:49 PM
eish went below neckline for another 250point drop....but now back up!! phew finger was on trigger!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Master
Posted 13 August 2014 - 01:36 PM
Okay i see it, now i understand why you say so but don't you think 45,500 for today is a bit too far?
maybe but the way we ran up, i think we would run twice as faster down
Master
Posted 13 August 2014 - 01:34 PM
triple bearish top on hourly chart
Okay i see it, now i understand why you say so but don't you think 45,500 for today is a bit too far?
Master
Posted 13 August 2014 - 01:30 PM
Why do you say so RBM?
triple bearish top on hourly chart
Master
Posted 13 August 2014 - 01:28 PM
we going to see the 45500 level today
Why do you say so RBM?
The Artist
Posted 13 August 2014 - 01:24 PM
DOW is in the process of confirming an inverted H&S (bullish) that should push her to new highs too! (Intermediate V of Major 5 of Primary III)
Any weakness tomorrow on TOP40 should be bought into, targets already mentioned!
A
This market is now seriously back in bullmode and I expect new highs by next friday to end minor 1!So holding my longs....
We are above the daily middle bollingerband and daily 21!
Usually with such a false break down we saw last friday short sellers get caught off guard and it causes a significant rally, don't miss it!
European indexes had a huge corrections and they got catching up to do!
A
"Never never never give up!"
Master
Posted 13 August 2014 - 01:23 PM
we going to see the 45500 level today
Master
Posted 13 August 2014 - 01:23 PM
we going to see the 45500 level today
Little Master
Posted 13 August 2014 - 12:52 PM
i have access to reuters data feed and yes the investing.com data is not correct
Thank's David, it all started when they changed to a new vendor.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Little Master
Posted 13 August 2014 - 12:47 PM
Guy's, those of you using Inv.com for direction be carefull, the EOD closing prices is not correct (see attachment). The prices in blue is data from Equis International which i accept to be correct.
Beorn can you please this against your closing prices?
The daily high, low and open seems to be fine. I also noticed on a 5min chart that the last data is @ 17:25 and the next morning starts @ 08:35.
This means that all indicators, averages etc is going to be wrong
i have access to reuters data feed and yes the investing.com data is not correct
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Member
Posted 13 August 2014 - 12:43 PM
OK, maybe I've been a liiiittle over zealous. Interest received on 2 micro overnight positions = R26.96 (R13.48/R4). Interest paid on 1 long micro overnight = R43.96(/R4), i.e. interest per contract paid = 3.3 x interest received.
Remember the calculation has to change to 3% for mini and micro conracts as opposed to the cash index, which is 2.5%.
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
Little Master
Posted 13 August 2014 - 12:40 PM
Guy's, those of you using Inv.com for direction be carefull, the EOD closing prices is not correct (see attachment). The prices in blue is data from Equis International which i accept to be correct.
Beorn can you please this against your closing prices?
The daily high, low and open seems to be fine. I also noticed on a 5min chart that the last data is @ 17:25 and the next morning starts @ 08:35.
This means that all indicators, averages etc is going to be wrong
Inv.png 27.49KB
4 downloads
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
