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ALSI Trades


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#15881 AJS

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Posted 13 August 2014 - 09:56 AM

Mmmm... Bears be like:

 

Attached File  bear-trap-picture.png   79.56KB   14 downloads


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#15882 Argento

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Posted 13 August 2014 - 09:56 AM

Those candles don't usually lie and alter the shorter term trend, IMO just need to be patient here, minor 1 up of Int V was 1500 points, so minor 2 down should be quite large too and currently still busy building the top, 60min macd looking bearish!

 

But today is important and if she stays up and makes a new high minor 1 is still in motion!(that I doubt) :rolleyes:

 

A

On that note, I'm going long now, looks like we might reach the top first before minor 2 kicks off, market looks strong!

 

A


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#15883 strydomk

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Posted 13 August 2014 - 09:46 AM

Just to note that tencent reports at 11am. Could throw the market around a bit.
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#15884 bear catcher

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Posted 13 August 2014 - 09:46 AM

Well at least the guys that got caught with some longs last week feeling better.
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IG CASH


#15885 Ettas

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Posted 13 August 2014 - 09:39 AM

Those candles don't usually lie and alter the shorter term trend, IMO just need to be patient here, minor 1 up of Int V was 1500 points, so minor 2 down should be quite large too and currently still busy building the top, 60min macd looking bearish!

 

But today is important and if she stays up and makes a new high minor 1 is still in motion!(that I doubt) :rolleyes:

 

A

I take a lot of comfort in those words....it can get lonely in this office when things don't look up... :P  :P  :P  :D  :D  :D


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#15886 Vertebrae

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Posted 13 August 2014 - 09:39 AM

FTSE hesitant for data. FTSE play can be nice or unwanted.


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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.


#15887 Argento

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Posted 13 August 2014 - 09:37 AM

A

 

She finished as a long legged Doji last nigh...could it go the other way or do you still feel sure bout that pullback to close gap first??

Those candles don't usually lie and alter the shorter term trend, IMO just need to be patient here, minor 1 up of Int V was 1500 points, so minor 2 down should be quite large too and currently still busy building the top, 60min macd looking bearish!

 

But today is important and if she stays up and makes a new high minor 1 is still in motion!(that I doubt) :rolleyes:

 

A


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#15888 Ettas

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Posted 13 August 2014 - 09:34 AM

Gaps do not always close  ;)

can someone a lot smarter than me enlighten me then how we rally when a heavyweight like Naspers is tanking today?


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#15889 sequoia

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Posted 13 August 2014 - 09:33 AM

Anyone else noticed this: In order to offset the interest on 1 long position, one has to keep 4 short positions at the same time, with IG. Daylight robbery I'd say!

 

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. 


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#15890 K~~

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Posted 13 August 2014 - 09:32 AM

Gaps do not always close  ;)

Haha. Rule 2, right...  ;)

 

But this one will close, the question is when?

 

K


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#15891 sequoia

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Posted 13 August 2014 - 09:27 AM

TellyTubby rhymes with... Chubby?? 

 

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

 

K

 

Gaps do not always close  ;)


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Markets can remain irrational longer than you can remain solvent – John Maynard Keynes


#15892 Ettas

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Posted 13 August 2014 - 09:25 AM

Cool!

 

I'm with you on this, also got the 5H 200 moving day average there so should stop her in her tracks!

 

Changes then are good she is going to put in a doji today (already negative divergence on the 60min chart) for a red hanger sale tomorrow...then we buy!

 

I'm keeping my shorts then for the wave 2 drop! B)

 

A

A

 

She finished as a long legged Doji last nigh...could it go the other way or do you still feel sure bout that pullback to close gap first??


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#15893 K~~

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Posted 13 August 2014 - 08:46 AM

He might be

Tinky Winky,
Dipsy,
La La or
Po.....

LOL. You either have children... or a serious problem!  :P


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


#15894 AJS

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Posted 13 August 2014 - 08:46 AM

Baltic Dry.... Currently nearing all time lows and with the uptick in economic indicators from the likes of the US and China, that secular bull market might not be too far off? Thoughts? 

Attached Files


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#15895 Plasma

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Posted 13 August 2014 - 08:38 AM


For those thinking of playing the long term short there might be lots of pain in the next 5 days. 47000 is inevitable 47800 probable and 48750 possible. FInal topping in at 49120 months end - 2nd week in September. SP500 only starting on its parabolic tear away to 2020..We had ignition , now the liftoff

TellyTubby rhymes with... Chubby??

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

K

He might be

Tinky Winky,
Dipsy,
La La or
Po.....
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The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)


#15896 BBW

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Posted 13 August 2014 - 08:30 AM

Anyone else noticed this: In order to offset the interest on 1 long position, one has to keep 4 short positions at the same time, with IG. Daylight robbery I'd say!


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#15897 BBW

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Posted 13 August 2014 - 08:24 AM

Thanks K and AJS


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#15898 davidp13

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Posted 13 August 2014 - 08:09 AM

I dont know if anyone on here likes pattern recognition, but there is a very nice setup for a bearish cypher pattern even if we go up a bit more..... then for a nice drop

cool i see it...


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#15899 Ettas

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Posted 13 August 2014 - 08:06 AM

the gap close is the best thing that can happen 

but once we take out the high of yesterday you should start buying and holding

before then we might see 45500...44700 will be even better :)

for all intense purpose im short USDZAR and GBPZAR and not intending on closing them just yet, if that means anything to anyone

I dont know if anyone on here likes pattern recognition, but there is a very nice setup for a bearish cypher pattern even if we go up a bit more..... then for a nice drop


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#15900 davidp13

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Posted 13 August 2014 - 07:54 AM

TellyTubby rhymes with... Chubby?? 

 

If 46440 (f) is not breached, we may see another leg down. There is still the gap at 45650 that needs closing.

 

K

the gap close is the best thing that can happen 

but once we take out the high of yesterday you should start buying and holding

before then we might see 45500...44700 will be even better :)

for all intense purpose im short USDZAR and GBPZAR and not intending on closing them just yet, if that means anything to anyone


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I find trading like body surfing, catch the right one and you will make it all the way to the beach.






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