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ALSI Trades

Started by Plasma , Apr 03 2013 09:05 PM

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#16821 Argento

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Posted 29 July 2014 - 05:28 PM

Argento i guess that is trading you keep on giving a date for the down turn and the you when we near it you give a date further on, the last time it was long till end of July and then short.Is August not normally bearish so why now only so late in August. I am just asking so dont take offence. Why is the wave guys not giving us more info as to which wave we are in now. This market is just to haywire at the moment imo.

No offence taken bc!

 

If you stayed long till now you should be in the money, but because she created so much consolidation it is telling us although we should see some weakness after the 1st it will only be shallow and not the end of minor 5 of intermediate III. One can get clues on the turn around times but in the end I follow price and candle confirmation!

 

The next cycle date is around the 25th Aug so reason it could be a more significant top, not ever set in stone but I like keeping these dates in mind...!

 

That is why cycle dates is not my leading indicator!

 

A


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#16822 bear catcher

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Posted 29 July 2014 - 05:19 PM

Argento i guess that is trading you keep on giving a date for the down turn and the you when we near it you give a date further on, the last time it was long till end of July and then short.Is August not normally bearish so why now only so late in August. I am just asking so dont take offence. Why is the wave guys not giving us more info as to which wave we are in now. This market is just to haywire at the moment imo.


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#16823 Argento

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Posted 29 July 2014 - 04:46 PM

Just a tip...with a strong rally coming don't think she has run to hard at a point and go in short, sure there will be a type of return move after the 1st (NFP) but remember this as she can ignore any logic and just keep running!

 

The formation confirmed is called a diamond and very bullish!She might very well go over 48000+!

 

Just wait for that reversal signal...unitl then sit back (sip a beer) and let the market work for you! ;)

 

I am looking for that top around the 25th August...!

 

Enjoy!

 

A


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#16824 bear catcher

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Posted 29 July 2014 - 04:44 PM

Short 47120 bulls thank me later
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#16825 BlythZ

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Posted 29 July 2014 - 04:43 PM

Guys what is the target for today's close? 


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#16826 Plasma

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Posted 29 July 2014 - 01:36 PM

Internet played up the whole morning....could not trade (except for one trade). etc...also not being able to get onto forum...strange how one feels disconnected.....
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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.  :)

#16827 MiniTrader

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Posted 29 July 2014 - 01:23 PM

Took some profit off the table for a nice 350 points.   Left with one long which I will keep for the moment.


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#16828 grantmu

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Posted 29 July 2014 - 01:08 PM

Well I am only starting out now and still have a lot to learn... So I doubt that I need anything sophisticated at this point...

Working with real money is different to paper trading but take advantage of places like IG markets and use the paper trading to work out strategy, you will just have to phone them every 2 weeks to reset the account as it only lasts 2 weeks, it is free so use it. There are plenty of bright people on this list that can help you, some of the stuff is complicated but we ALL use the basics to help determine if the trade is good or bad. once you have the basics the rest is GRAVY.

 

G 


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#16829 K~~

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Posted 29 July 2014 - 01:04 PM

If 46700 (F) is broken, then 47100 is on the cards.

 

K

Target reached.


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#16830 Mars

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Posted 29 July 2014 - 12:38 PM

STD is just for trading no BS, no complicated crap, for charts use the investing stuff or if you want really good stuff (expensive) try Equius, or Metatrader, only if you want to write or use custom indicators. 

 

G

Well I am only starting out now and still have a lot to learn... So I doubt that I need anything sophisticated at this point...


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#16831 grantmu

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Posted 29 July 2014 - 12:14 PM

Thanks for all the advice yesterday guys... just a quick question... I am going to use the Standard bank platform... how would you rate this platform?

STD is just for trading no BS, no complicated crap, for charts use the investing stuff or if you want really good stuff (expensive) try Equius, or Metatrader, only if you want to write or use custom indicators. 

 

G


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#16832 Vertebrae

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Posted 29 July 2014 - 11:47 AM

As the lower channel approaches on both the T40 futures and R/USD then the risk of holding long positions is being reduced. However, any new entry points are better found by using the well defined methods for channels.

(Do not tell HDB or any of his multiples)


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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..

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#16833 K~~

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Posted 29 July 2014 - 11:15 AM

It looks more like an early attempt at triangle breakout to me..

 

Let's see where she goes tomorrow am..

 

 

If 46700 (F) is broken, then 47100 is on the cards.

 

K

So far panning out nicely...


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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.

#16834 Mars

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Posted 29 July 2014 - 10:21 AM

Very good platform!

 

Advice from me is read Reminiscence of a Stock Operator before trading, learn reading charts (candles, moving averages, bollingerbands, macd's, RSI's etc) cause the "tape" will be your guide!

 

Studying previous charts helps as well to get to know the seasonal aspect and because the markets are human, they tend to repeat patterns and trends!

 

And lastely don't try to focus on to many Indexes, choose one and become a specialist/artist in that one...you have to move with it! B)

 

A

 

I got the book now... and will start reading... 


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#16835 Argento

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Posted 29 July 2014 - 10:08 AM

Today we broke out of a triangle on the daily.

Target +-47370.

See us going much higher!

 

A


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#16836 Argento

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Posted 29 July 2014 - 10:07 AM

Thanks for all the advice yesterday guys... just a quick question... I am going to use the Standard bank platform... how would you rate this platform?

Very good platform!

 

Advice from me is read Reminiscence of a Stock Operator before trading, learn reading charts (candles, moving averages, bollingerbands, macd's, RSI's etc) cause the "tape" will be your guide!

 

Studying previous charts helps as well to get to know the seasonal aspect and because the markets are human, they tend to repeat patterns and trends!

 

And lastely don't try to focus on to many Indexes, choose one and become a specialist/artist in that one...you have to move with it! B)

 

A


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#16837 Mars

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Posted 29 July 2014 - 09:48 AM

Thanks for all the advice yesterday guys... just a quick question... I am going to use the Standard bank platform... how would you rate this platform?


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#16838 Argento

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Posted 29 July 2014 - 09:48 AM

I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit - Jesse Livermore.

 

If there is ONLY one rule you could live by, live by this! 

Wise words!!

 

A


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#16839 sequoia

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Posted 29 July 2014 - 09:41 AM

I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few greater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit - Jesse Livermore.

 

If there is ONLY one rule you could live by, live by this! 


Edited by sequoia, 29 July 2014 - 09:42 AM.

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#16840 delta66

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Posted 29 July 2014 - 09:32 AM

closed out shorts @60pt loss and long 47000(F)..going to let this run deep if current session closes convincingly over 47100


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