Textbook H&S.
PS: There is a bigger one in the works, also on the 5mins...
K
and who said MMs do not manipulate...FTSE and DOW never moved.
.all they did was strengthen the currency!!
31 votes
ALSI Trades
Started by
Plasma
, Apr 03 2013 09:05 PM
35854 replies to this topic
#15861
HDB
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Posted 13 August 2014 - 12:28 PM
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#15862
K~~
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Posted 13 August 2014 - 12:23 PM
oops 46300
Textbook H&S.
PS: There is a bigger one in the works, also on the 5mins...
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#15863
davidp13
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Posted 13 August 2014 - 12:16 PM
oops 46300
if that level breaks it will confirm a dbl top on the hour
target then around 45900?
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#15864
HDB
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Posted 13 August 2014 - 12:15 PM
I wish!!!
oops 46300
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#15865
K~~
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Posted 13 August 2014 - 12:11 PM
target about 43300
I wish!!!
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#15866
davidp13
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Posted 13 August 2014 - 12:10 PM
wonder what Carney said that spooked the pound??
i would love to know cause my FX trades are loving it 
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
#15867
HDB
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Posted 13 August 2014 - 12:10 PM
H&S validated. Go baby!
target about 43300
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#15868
K~~
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Posted 13 August 2014 - 12:08 PM
saw it....break below 46430 and happens
H&S validated. Go baby!
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#15869
BBW
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Posted 13 August 2014 - 12:07 PM
Scrutinize your statement and check their calculations. They may have it wrong, or you might have miscalculated.
What you get in the box has to be what it says on the box!
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.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#15870
HDB
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Posted 13 August 2014 - 12:07 PM
wonder what Carney said that spooked the pound??
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#15871
HDB
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Posted 13 August 2014 - 12:01 PM
Is she busy with right shoulder of H&S on the 5 min chart with neckline 44440? Still looking for that gap close..
K
saw it....break below 46430 and happens
Edited by HDB, 13 August 2014 - 12:02 PM.
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#15872
K~~
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Posted 13 August 2014 - 12:00 PM
Is she busy with right shoulder of H&S on the 5 min chart with neckline 44440? Still looking for that gap close..
K
"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.
#15873
bear catcher
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Posted 13 August 2014 - 12:00 PM
Hdb very easy I am gonna be f#+ked or in the money
IG CASH
#15875
HDB
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Posted 13 August 2014 - 11:56 AM
Thanx V
so what did you make of that?
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#15876
bear catcher
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Posted 13 August 2014 - 11:54 AM
Thanx V
IG CASH
#15877
sequoia
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Posted 13 August 2014 - 11:52 AM
I can understand IG's charging interest on exposure - CFD's and Indices - although I agree with you; it's not quite kosher. However SABOR (currently about 5.65%) + 2.5 = 8.15% is NOT 4 times 5.65-2.5=3.15% (is 2.6x)!!!
How does one get the FSB to look into this?
Scrutinize your statement and check their calculations. They may have it wrong, or you might have miscalculated.
What you get in the box has to be what it says on the box!
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
#15878
Vertebrae
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Posted 13 August 2014 - 11:47 AM
V what wave are we in.
Could be at the turn between 1st & 2nd, which remains favoured until a solid seat above 46580 appears.
The gap close is the honey via the abc. Otherwise this leg got stilts and the top gets higher.
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.
#15879
BBW
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Posted 13 August 2014 - 11:35 AM
Yeah they charge you SABOR plus 250 bps on notional exposure (hence even if you have cash in your account, i,e you put ZAR 100,000.00 and buy notional exposure worth of R 200,000.00, you are technically only borrowing R 100,000.00 yet they charge you funding on the full amount). This is the main issue I have with them, not the interest rate they give you on shorts.
It means that long term CFD trading is extremely difficult to be profitable. I have done the calcs and as an example, with 5 times leverage and returning 20% per annum return* (*capital gains and dividends) you only receive 36.39% after tax. The other 63.61% of your "gain" (5*20%) is taken up by funding charges and then income tax as opposed to CGT.
Figures may vary depending on income tax bracket that you fall into.
I can understand IG's charging interest on exposure - CFD's and Indices - although I agree with you; it's not quite kosher. However SABOR (currently about 5.65%) + 2.5 = 8.15% is NOT 4 times 5.65-2.5=3.15% (is 2.6x)!!!
How does one get the FSB to look into this?
Edited by BBW, 13 August 2014 - 11:36 AM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
#15880
Ettas
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Posted 13 August 2014 - 11:28 AM
5th Wave on my graph.
The wave where you make money by being long, and loose money by being short
1st wave of 5th?
