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ALSI Trades

Started by Plasma , Apr 03 2013 09:05 PM

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#16381 warnerbroers

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Posted 05 August 2014 - 04:37 PM

Maybe? maybe not?

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#16382 sequoia

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Posted 05 August 2014 - 04:34 PM

Caution Jakes, once the 'sitting tight' bug bites it can become addicted! :)

 

A

 

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#16383 Argento

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Posted 05 August 2014 - 04:22 PM

Thanks A,

Already +- 800 pips in profit and Im thinking of leaving it till we hit 47000.

If it pans out, it will be my most profitable long trade yet.

Caution Jakes, once the 'sitting tight' bug bites it can become addicted! :)

 

A


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#16384 Argento

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Posted 05 August 2014 - 03:59 PM

if you're short might be wise to stay short for the big drop

Starting to feel more bullish must say.....if she dips tomorrow morning (45900ish futures) I'm taking profits and looking to go long!

 

This looks more and more to a flat structure correction to me...momentum is favouring the bulls!

 

A


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#16385 RBM

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Posted 05 August 2014 - 03:54 PM

if you're short might be wise to stay short for the big drop


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#16386 Argento

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Posted 05 August 2014 - 03:32 PM

Possible in which case expect 5th. But the retrace of the large channel breach is now with its own channel and can complete at 61.8%. That would point to the potential c-wave target 44740. Presently watching the 46050 (futures) below which the short is favoured with an abc B completion.

Thanks

 

The European markets had a nasty correction thus far and looks like they completed their C waves..good old ALSI just moved sideways!

 

A


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#16387 Vertebrae

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Posted 05 August 2014 - 03:06 PM

V,

 

You think we made a flat Int IV structure here? Sure looks like it...

 

A

 

Possible in which case expect 5th. But the retrace of the large channel breach is now with its own channel and can complete at 61.8%. That would point to the potential c-wave target 44740. Presently watching the 46050 (futures) below which the short is favoured with an abc B completion.


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#16388 Argento

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Posted 05 August 2014 - 02:57 PM

OK it cost me plench to go against Caldaro. But even after stop sequence taken out I smile, just not so mega plench.

The wave 5 failed on T40 (F) with confirmation at the channel breach without supporting Fib et al. Head still shaking.

Argento has been spot on all along. My hat doff to him.

2nd chance to short will need swift footwork.

Looks like mid Wave A. Targets as before.

Still plenty space to catch up by sticking to the open eyes rule.

V,

 

You think we made a flat Int IV structure here? Sure looks like it...

 

A


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#16389 Beorn

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Posted 05 August 2014 - 01:50 PM

one bloody good wave you caught!!! :)

 

Thanks HDB.

 

I am leaving the rest with a trailing stop loss, a big ish, trail though.


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Alsi future

 

I only post my views, not advice

#16390 Ninja

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Posted 05 August 2014 - 01:42 PM

Tsunami alert just issued... Waves of mielies expected to hit jhb
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#16391 Argento

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Posted 05 August 2014 - 01:21 PM

She's taking her time to decide.. Up or down?

Looks like some bear skin is showing behind that bullcoat.....! B)

 

Going to go with my charts and start opening up shorts!!(No A, B and C pattern yet)

 

Will monitor closely though....

 

A


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#16392 Vintage_Strat

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Posted 05 August 2014 - 01:21 PM

quite a big earth tremor in JHB, Western side of JHB

 

we had one in the Western Surburbs of Durban too...


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#16393 K~~

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Posted 05 August 2014 - 01:02 PM

She is still under her middle 5H and daily bollingerband line...still got a hunch the bear might be back..and with force!

 

Once those clear I will throw in my bearish towl! :P

 

Will see what my UBS contacts say this afternoon!

 

A

She's taking her time to decide.. Up or down?


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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.

#16394 grantmu

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Posted 05 August 2014 - 12:30 PM

quite a big earth tremor in JHB, Western side of JHB


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#16395 Argento

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Posted 05 August 2014 - 11:54 AM

MM playing games,.. perfect retracement for a long!!

She is still under her middle 5H and daily bollingerband line...still got a hunch the bear might be back..and with force!

 

Once those clear I will throw in my bearish towl! :P

 

Will see what my UBS contacts say this afternoon!

 

A


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#16396 K~~

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Posted 05 August 2014 - 11:37 AM

Thanks A,

Already +- 800 pips in profit and Im thinking of leaving it till we hit 47000.

If it pans out, it will be my most profitable long trade yet.

Well done J/B!


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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.

#16397 HDB

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Posted 05 August 2014 - 11:37 AM

Here comes the return move to 250, for a kiss or a klap!

 

K

MM playing games,.. perfect retracement for a long!!


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HDB

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#16398 K~~

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Posted 05 August 2014 - 11:34 AM

Careful A! Remember, those Bears are still weak!  :P

 

If 46250 (f) cracks there is more upside to come.

 

Just my 2c..

 

K

Here comes the return move to 250, for a kiss or a klap!

 

K


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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.

#16399 Argento

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Posted 05 August 2014 - 11:30 AM

Argento, don't you think we will be in wave C down soon? 

She is very tricky at the moment, I am not fully convinced the new upwave (Int V) has commenced yet so not going long, if she goes down again will jump back in short!

 

US charts especially the Nasdaq got serious negative divergence on the longer timeframe, this might just be a bulltrap!

 

She made the same upswing in Feb and then came crashing down!August is known for big moves.....

 

A


Edited by Argento, 05 August 2014 - 11:31 AM.

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#16400 HDB

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Posted 05 August 2014 - 11:23 AM

Thanks A,

Already +- 800 pips in profit and Im thinking of leaving it till we hit 47000.

If it pans out, it will be my most profitable long trade yet.

well if you wanna rish holding....their is a inverse h &S on one hour chart...to take us up another 1000 p from here...already formed!!! :)

 

note this is on IGs chart!!  don't know about futures chart!!


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HDB

The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!

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