35854 replies to this topic

[RBM]

on the 5 min, long signal was as 45,650 and still showing long, in my calc

yes then you should not hold for too long...1 to 3 hours max 

[sequoia]

which time frame

 

on the 5 min, long signal was as 45,650 and still showing long, in my calc

[RBM]

I could also see 44,700 if wave C = wave A but seems like the bottom is in on US markets and they could take us higher with them but lets wait and see

i don't play waves, just follow my indicators

[RBM]

You still short? CCI pointing towards a long

which time frame

[BlythZ]

and I still want her at the 45000 level

I could also see 44,700 if wave C = wave A but seems like the bottom is in on US markets and they could take us higher with them but lets wait and see

[RBM]

trend is your friend and she is still weak just acting strong, she is still testing which way is the wind actually going to blow

and I still want her at the 45000 level

[sequoia]

1st short in 

 

You still short? CCI pointing towards a long

[RBM]

What made you go short? 

 

I need to be extra careful with my longs when you go short like this

trend is your friend and she is still weak just acting strong, she is still testing which way is the wind actually going to blow

[RusQ]

Good day Gentleman

 

Can anyone pls tell me where I can find the current weighting of the top40. Got a list but it is from may.

 

Thank you

from the JSE

 

https://www.jse.co.z...ca-index-series

[grantmu]

sorry Grant, u barking up the wrong tree here!! U got it hopelessly wrong...

Time will tell, tomorrow it is all reset to Zero and we go again. If I am wrong I hurt a bit more if I am right I make money like water, no matter what happens tomorrow there is a good chance the market will be back here in less than 5 trading days so either way I will come out on top. will continue to hold the longs.

 

G 

[Ettas]

Good day Gentleman

 

Can anyone pls tell me where I can find the current weighting of the top40. Got a list but it is from may.

 

Thank you

[archibald]

I dont understand why so much emphasis is placed on the Dow.

For the record Dow is about 34% higher since 2008, compared  to Satrix 40 which is 91% and Coronation 20 which is 158%.It would appear that this platform is for the Casino traders with all the odds stacked against  you.

[BlythZ]

1st short in 

What made you go short? 

 

I need to be extra careful with my longs when you go short like this

[RBM]

1st short in 

[davidp13]

Times like these where diversification counts for nothing.

 

Textbooks would tell you to diversify, yet as soon as there is a sell off correlations tend towards 1, precisely in the time diversification is meant to help.

 

Bulls fighting hard for control again, patience. 

one reason why i trade FX as well...

[HDB]

anything other than the JSE I would agree with you, but the mines is one of the reasons we don't have to many of the down days, take today if it was not for gold mines this would have been a 1,5 or 2 percent day to the down side. tomorrow will be balance or full on bull depending on the US tonight.  

 

IMO

 

G

sorry Grant, u barking up the wrong tree here!! U got it hopelessly wrong...

Edited by HDB, 06 August 2014 - 04:18 PM.

[grantmu]

Gold also has 'some' reputation for a store of value. imo, if gold runs hard, equities will suffer...

anything other than the JSE I would agree with you, but the mines is one of the reasons we don't have to many of the down days, take today if it was not for gold mines this would have been a 1,5 or 2 percent day to the down side. tomorrow will be balance or full on bull depending on the US tonight.  

 

IMO

 

G

[RBM]

Long45650

long stop out...getting ready for a short

[RBM]

 

A

[sequoia]

Times like these where diversification counts for nothing.

 

Textbooks would tell you to diversify, yet as soon as there is a sell off correlations tend towards 1, precisely in the time diversification is meant to help.

 

Bulls fighting hard for control again, patience.