Hmm ja....3 longs....deep red....the frustrating thing is my most expensive on was green for 5 seconds and i hesitated to close it, came back to screen a bit later and carnage....OuchHang in there boet. A lot of difference can be made within the next 12 minutes.....either bad or good but I think it will be more for the good....early shorts are making good cash today wonder if they are prepared to hold overnight.....![]()

ALSI Trades
#16761
Posted 30 July 2014 - 05:24 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#16762
Posted 30 July 2014 - 05:21 PM
Note, if the upside break out was false, then the downside breakout is very possible...
Attached Files
#16763
Posted 30 July 2014 - 05:20 PM
Ouch
Hang in there boet. A lot of difference can be made within the next 12 minutes.....either bad or good but I think it will be more for the good....early shorts are making good cash today wonder if they are prepared to hold overnight.....
IG SA40
#16764
Posted 30 July 2014 - 05:14 PM

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
#16765
Posted 30 July 2014 - 05:12 PM
market falls by a percent and everyone thinks it's a bear market? interesting...
Edited by sequoia, 30 July 2014 - 05:12 PM.
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
#16766
Posted 30 July 2014 - 05:09 PM
Experience!
A
so much for experience, when/then it all starts going wrong
#16767
Posted 30 July 2014 - 05:05 PM
yes sir
Also nice to see my existing long term short loss being eroded.
IG SA40
#16768
Posted 30 July 2014 - 04:56 PM
Beautiful!
I am not letting go of this for a while.
Unless Yellen says they are starting to buy more again.
Argentine is probably also going to default, so this short is going likely to be one for the books.
yes sir
#16769
Posted 30 July 2014 - 04:54 PM
Beautiful!
I am not letting go of this for a while.
Unless Yellen says they are starting to buy more again.
Argentine is probably also going to default, so this short is going likely to be one for the books.
Alsi future
I only post my views, not advice
#16770
Posted 30 July 2014 - 04:53 PM
Seeing as my last "buy the dip" worked out nicely I think I will place another long order at 46250...this time with a stop loss. Maybe catch some tasty short SL's later tonight.
IG SA40
#16771
Posted 30 July 2014 - 04:49 PM
1st long...46536 (IG)
You better know when to hold on, know when to walk away and know when to run!
#16772
Posted 30 July 2014 - 04:47 PM
This has broken the back of the Bulls ...game over...clever money selling into strength!!!
If this uptrend line breaks I'm with you...then we have a huge distribution pattern and the bears are here!
A
Attached Files
"Never never never give up!"
#16773
Posted 30 July 2014 - 04:27 PM
Bearish action gets quickly resolved with a A, B and C leg!(Elliott counter correction pattern)
This dull zig zag action should ultimately be resolved to the upside and shorts only going to be caught with their pants down...again!
![]()
A
Let's see if this 30min positive divergence can get something going for the bulls!
She is nearing an important trendline and must hold!
A
Attached Files
"Never never never give up!"
#16774
Posted 30 July 2014 - 04:26 PM
46400 coming soon..
#16775
Posted 30 July 2014 - 04:13 PM
GBP/ZAR now above 18.00 i think this is just a pull back and we should be going up soon again for new highs
#16776
Posted 30 July 2014 - 04:06 PM
Once USD/ZAR turns down, expect blood red conditions
Edited by RBM, 30 July 2014 - 04:07 PM.
#16777
Posted 30 July 2014 - 04:02 PM
Expecting a strong last three hours of the day...
This has broken the back of the Bulls ...game over...clever money selling into strength!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#16778
Posted 30 July 2014 - 04:02 PM
Expecting a strong last three hours of the day...
This has broken the back of the Bulls ...game over...clever money selling into strength!!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
#16779
Posted 30 July 2014 - 04:02 PM
Had a nice short trade stop at 46650 now enjoying this bull bear fight on the side would side with the bears atm
joining you on that stop
#16780
Posted 30 July 2014 - 03:59 PM
IG CASH