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ALSI Trades


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#16021 Argento

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Posted 11 August 2014 - 11:02 AM

To answer your question RBM...I'm opening shorts here bigtime!!She has to go and touch that daily uptrend line around 44500ish IMO, this week is options expiration and market will be very volatile!

 

VIX is consolidating for one last push higher and has not breached the daily bollingerband to signal a low in the SPX despite the push we saw on friday!

 

A

Adding my last bunch of shorts!

 

A


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#16022 delta66

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Posted 11 August 2014 - 10:31 AM

xmas in august :D ave 45369.1..750pt+

 

stops set @46050


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#16023 Argento

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Posted 11 August 2014 - 10:30 AM

To answer your question RBM...I'm opening shorts here bigtime!!She has to go and touch that daily uptrend line around 44500ish IMO, this week is options expiration and market will be very volatile!

 

VIX is consolidating for one last push higher and has not breached the daily bollingerband to signal a low in the SPX despite the push we saw on friday!

 

A

A very important indicator to watch in trying to see if the bottom is in for corrections of these magnitude is the Spyder volume graph, now we have not seen a big enough washout yet on both US and Top40 and believe we will get that this week!She is creating these sideways moves for an impulsive drop down to come...IMO!

 

My stop is at 46400, if she goes past that Intermediate V has already begun, but I doubt it! :rolleyes:

 

A

Attached Files


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#16024 Argento

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Posted 11 August 2014 - 10:19 AM

Tuesday morning I short bigtime, this reversal should carry into Monday afternoon....but 'n lekke bulltrap coming!

 

Should turn up the daily macd for that magic positive divergence before the final whack down (44500ish)!

 

A

To answer your question RBM...I'm opening shorts here bigtime!!She has to go and touch that daily uptrend line around 44500ish IMO, this week is options expiration and market will be very volatile!

 

VIX is consolidating for one last push higher and has not breached the daily bollingerband to signal a low in the SPX despite the push we saw on friday!

 

A


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#16025 RBM

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Posted 11 August 2014 - 10:15 AM

What is your take RBM? You called a long on Friday and another great call it was

I think the week is still early but dont see lasting for too long we can probably see 46400-46700 at the max I think, if she doesnt turn down today already


Edited by RBM, 11 August 2014 - 10:16 AM.

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#16026 BlythZ

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Posted 11 August 2014 - 09:59 AM

Argento, can you give us some of your insight?

What is your take RBM? You called a long on Friday and another great call it was


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#16027 AJS

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Posted 11 August 2014 - 09:53 AM

The light red and bright green trend lines will need to be monitored for possible resistance IMO. Must say - was one reversal of note we had on Friday.  Currently sitting almost at the 50% Fib extension (to previous highs).

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Edited by AJS, 11 August 2014 - 09:56 AM.

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#16028 RBM

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Posted 11 August 2014 - 09:45 AM

Argento, can you give us some of your insight?


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#16029 Beorn

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Posted 11 August 2014 - 08:46 AM

I'm long again at 45400

Lets see if this support holds tomorrow



IMO, shorts will be in pain the whole of next week.


I'll hold some of my longs till we hit the daily top trend line.

Closed some @ 45975.
Will leave the rest with a trailing stop
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#16030 delta66

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Posted 11 August 2014 - 08:15 AM

finally!! ..good news abroad, starting the week on better global sentiment!!

 

 

rock and roll!!


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#16031 Shortboy

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Posted 11 August 2014 - 08:11 AM

Out of last long.
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#16032 Beorn

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Posted 11 August 2014 - 06:24 AM

IMO, shorts will be in pain the whole of next week.


I'll hold some of my longs till we hit the daily top trend line.

Hi Beorn - newbie here.. Do you see us revisit this 45400 support first?

I dont think so,
If we do, Im adding to long
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#16033 N@n0

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Posted 10 August 2014 - 07:21 PM

IMO, shorts will be in pain the whole of next week.

I'll hold some of my longs till we hit the daily top trend line.

Hi Beorn - newbie here..  Do you see us revisit this 45400 support first?


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#16034 RBM

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Posted 10 August 2014 - 07:18 PM

RBM for you...(in good spirit my co-trader :) )

Successful traders are always students of markets, always learning, and always adapting. They have periods of feast and famine, and they learn to keep themselves afloat during the lean times so that they can participate when things get better. In that context, learning when to not trade is a crucial component of trading success. - Brett Steenbarger

I still need to get the learning not to trade element sorted.

 

Yes I have been learning from the markets instead of the students as we all have our own theories, in practice the market decides, so what have I learnt:

 

1. Trend is always your friend

2. A changing trend is a better friend but very difficult to spot and if spotted will make you a serious lot of money

3. When in doubt stand aside(difficult to do), so if you can't then rather trade a very small position to test the market direction

4. Managing money is probably the most important thing

5. Taking profit will never let you down but closing a position prematurely can hurt because it leads to the belief that the market is going to go in the other direction

6. The best trading strategy  is your own because its yours and suites you best, so master it :)

7. Currently I see the market is growing on  a serious divergence so expect serious down side in the very near future 

 

With all said, have a blessed trading week to all my trading well respected colleagues 

 

.... ;)  :D


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#16035 RBM

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Posted 10 August 2014 - 06:58 PM

not a chance! :lol:

 

longs from 45310 paying out now

I guess bulls got to make money tooo :D


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#16036 mx125

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Posted 10 August 2014 - 01:25 PM

Look where rhe Rand is at against the Pound. I see a dip coming Monday morning if the Zar stay strong.<br /><br />Sent from my GT-N8000 using Sharenet Sharechat mobile app<br /><br />
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#16037 Plasma

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Posted 09 August 2014 - 06:33 PM

RBM for you...(in good spirit my co-trader :) )

Successful traders are always students of markets, always learning, and always adapting. They have periods of feast and famine, and they learn to keep themselves afloat during the lean times so that they can participate when things get better. In that context, learning when to not trade is a crucial component of trading success. - Brett Steenbarger

I still need to get the learning not to trade element sorted.
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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.  :)


#16038 Beorn

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Posted 09 August 2014 - 01:30 PM

I'm long again at 45400
Lets see if this support holds tomorrow


IMO, shorts will be in pain the whole of next week.

I'll hold some of my longs till we hit the daily top trend line.
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Alsi future

 

I only post my views, not advice


#16039 Beorn

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Posted 09 August 2014 - 01:30 PM

I'm long again at 45400
Lets see if this support holds tomorrow


IMO, shorts will be in pain the whole of next week.

I'll hold some of my longs till we hit the daily top trend line.
  • 0

Alsi future

 

I only post my views, not advice


#16040 Plasma

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Posted 09 August 2014 - 07:48 AM

Did steal a short last night just before US close at 45 871. Saw some pip opportunity given that IG was > 300 pips up above top40 spot. And if WW3 breaks out then lots of pips on Monday!!!
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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.  :)






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