35854 replies to this topic

[wolf]

Hi Casenova, 

 

Which system are you using? Can you post a link so that i can check it out? 

 

Yes, please. IGs Automated Trading is still not available in SA, only the Realtime ProBackTest but it is still an manual trade.

[BlythZ]

I have now graduated to an automatic trading system. It is going good so far. Must say, its a lot less stress. Will keep you up to date as profits or losses mounts. Equity curve looking promising.

Hi Casenova, 

 

Which system are you using? Can you post a link so that i can check it out? 

[Casenova]

I have now graduated to an automatic trading system. It is going good so far. Must say, its a lot less stress. Will keep you up to date as profits or losses mounts. Equity curve looking promising.

[Vertebrae]

Gap closed, good housekeeping.

[gannet]

Keeping my powder dry until around 11:00 (possible cycle hit)

 

This market looks like it wants to fall but I'm not sure its quite ready

[Shortboy]

Rejoicing shorts need to keep in mind its Friday. Don't let your profits get eaten up by the strong probability of short covering later this afternoon.

[RBM]

Bulls gonna be slaughtered like chickens

[Vertebrae]

have a look and decide for yourself...

 

Guiding charts, these are important here,

I see sometimes ALSI appears to lead,but never for very long.

[Vertebrae]

Points to 46013 (not 48013)

 

 

[davidp13]

have a look and decide for yourself...

Attached Files

•  ALSI vs SP500.png   58.14KB   16 downloads
•  ALSI vs SP500 2009+.png   46.96KB   13 downloads
•  ALSI vs SP500 2014.png   45.6KB   14 downloads

[Beorn]

This is my take... until reason appears to cause the next review

I agree, although it looks n long way off.

I'm not convinced it will go that far down

Scratch that, could easily go there

[Beorn]

This is my take... until reason appears to cause the next review

I agree, although it looks n long way off.
I'm not convinced it will go that far down

[BlythZ]

This is my take... until reason appears to cause the next review

Nice, the waves are so clear and i am with you on this one, but will scalp a few trades on her way down

Edited by BlythZ, 24 July 2014 - 11:17 PM.

[Vertebrae]

This is my take... until reason appears to cause the next review

 

 

 

[RBM]

Wild call around 45000 by end of this week...

let's see if this plays out...

[BlythZ]

still long..expect the unexpected!

I will also keep my longs but i wont be greedy when i see them in the green. I use GT247.com for most of my trading and they followed me on Twitter, i am pretty sure they are lurking around hoping i will get scared of being long and close my trades for a loss, well i am sorry guys i will keep my longs till the Bulls come back home

[delta66]

still long..expect the unexpected!

[BlythZ]

I am leaning towards your thinking G, someone was busy manipulating GBP/ZAR by strengthening the ZAR till 4:45pm when it started rate started picking up again from around 17.80 and now it is at 17.83 and i checked the sentiment on IG there were a lot of buys from around 5:00pm when Top40F was around 46,410. Sentiment improved to from around 59% long to 62% long. But once i exit these longs i will rather short the rallies

you can also try playing both sides of the fence, after a drop give the market about 500 points in the long direction, then you are in a position to risk (and I stress risk) having both long and shorts in play, with the assumption that the market will return to that point at some time in the future, if you do it right you can play a contract for a much longer period, say a week and not have to worry so much about the little drops. you do need to be cartful that you don't keep the short if the market goes up fast, I would say if the market has moved more than 12000 points from the place you bought it it will not get back down there in the near future, if you are careful and the market is not in a straight bull run and going up and down like it is now you can make quite a bit of money and spread the risk, every now and again it does come back and bite you though so be cautious. G

Thanks G, i will try to keep one account for long term trades and scalp on the other account. GBP/ZAR now at R17.88 and positive divergence on the hourly chart so i think forex will save us tomorrow

[Plasma]

Bear attack tomorrow afternoon

maybe tonight too much weakness

Was not a good day....made some mistakes due to being to optimistic about a good bull run in the afternoon....result....a red long of about 190 pips at the moment in addition to 250 pip loss during the day. If US close in the green, will keep and reevaluate tomorrow morning.

[BlythZ]

I am leaning towards your thinking G, someone was busy manipulating GBP/ZAR by strengthening the ZAR till 4:45pm when it started rate started picking up again from around 17.80 and now it is at 17.83 and i checked the sentiment on IG there were a lot of buys from around 5:00pm when Top40F was around 46,410. Sentiment improved to from around 59% long to 62% long. But once i exit these longs i will rather short the rallies

you can also try playing both sides of the fence, after a drop give the market about 500 points in the long direction, then you are in a position to risk (and I stress risk) having both long and shorts in play, with the assumption that the market will return to that point at some time in the future, if you do it right you can play a contract for a much longer period, say a week and not have to worry so much about the little drops. you do need to be cartful that you don't keep the short if the market goes up fast, I would say if the market has moved more than 12000 points from the place you bought it it will not get back down there in the near future, if you are careful and the market is not in a straight bull run and going up and down like it is now you can make quite a bit of money and spread the risk, every now and again it does come back and bite you though so be cautious. G

Thanks G, i will try to keep one account for long term trades and scalp on the other account. GBP/ZAR now at R17.88 and positive divergence on the hourly chart so i think forex will save us tomorrow

Edited by BlythZ, 24 July 2014 - 09:43 PM.