minute 5 = minute 1 @ Futrs 47000

ALSI Trades
#1701
Posted 12 July 2017 - 03:02 PM
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#1703
Posted 11 July 2017 - 05:07 PM
How do you read it? Do you think i will get another chance?
Yes. I would like to see a conclusive gap close then expect minute wave 5 to conclude the minor wave. For a 38% correction (typical) expect about 800 pips.
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1704
Posted 11 July 2017 - 02:29 PM
Went short at 46700 for the gap closer. Blinded. Did not read as 47000. No wonder I was confused.
How do you read it? Do you think i will get another chance?
#1705
Posted 11 July 2017 - 02:04 PM
Went short at 46700 for the gap closer. Blinded. Did not read as 47000. No wonder I was confused.
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1706
Posted 11 July 2017 - 01:16 PM
What index version are you following. I ask because your short opportunity on the JSE ALSI futures Sept contract was a good call but it happenned 20 minutes before your post.
yes it is in fact exactly that one. reason why you think it is a good call?
according to my system it peaked at 46745 this morning
Edited by pointbreak, 11 July 2017 - 01:17 PM.
#1707
Posted 11 July 2017 - 10:22 AM
Good morning everyone!
Clearly a day for the bulls.
Anyone out there that thinks shorting at 47000 may be a good idea? i am considering doing that.
your input highly appreciated.
What index version are you following. I ask because your short opportunity on the JSE ALSI futures Sept contract was a good call but it happenned 20 minutes before your post.
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1708
Posted 11 July 2017 - 09:55 AM
Good morning everyone!
Clearly a day for the bulls.
Anyone out there that thinks shorting at 47000 may be a good idea? i am considering doing that.
your input highly appreciated.
#1709
Posted 10 July 2017 - 06:32 PM
Drilling work...
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1710
Posted 10 July 2017 - 05:16 PM
With more consideration the picture starts to show a bit of form...
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1711
Posted 10 July 2017 - 04:39 PM
Thanks Snippit...
You use very high timeframes whereas I am always down in the weeds....
I didn't even know that Tencent was traded in the US ...
#1712
Posted 10 July 2017 - 04:15 PM
Thanks Snippit...
You use very high timeframes whereas I am always down in the weeds....
I didn't even know that Tencent was traded in the US ...
#1713
Posted 10 July 2017 - 03:57 PM
But if Naspers continues its downtrend,,
Amen!!!
If we remove the blindfold...
tencent-w-100717.jpg 73.51KB
9 downloads
and then we switch on the light...
npnj-w-100717.png 292.33KB
8 downloads
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1714
Posted 10 July 2017 - 09:46 AM
But technically at present up to V on Monday then all the way down to 4
For a normal impulsive the 3rd should extend sufficient above the 1st to permit a 4th of similar price action to the 1st without it entering the price zone of the 1st. The 3rd often extends in order to comply. But the game is like a stage play that has a lot of allowance for some adlib according to the audience sentiment and fundamentals such as mean reversion like when the bus drivers have another strike.
If resources have bottomed then it is written that natural selection moves along via sector rotation.
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1715
Posted 09 July 2017 - 05:58 PM
Of the 1st move in the 3rd subwave that is.
Fundamentally our stock market will always be in a bull trend because of the inflation of our currency/economy...
Never mind the worlds greatest FIAT currency...
However companies will come and go...
But technically at present up to V on Monday then all the way down to 4 (ALSI 44800) in three subwaves,,,,,
Before up again....
However to KIS this is a shallow correction before continuing the downtrend...
Which makes sense if the US carries on down,,,
Fundamentally all we have is the ZAR going to Hell to keep the Bulls going nevermind ECB tapering and FED raising rates...
Nevermind the devils in our government trying to break our economy,,,,
But if Naspers continues its downtrend,,
Amen!!!
#1716
Posted 07 July 2017 - 09:29 AM
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1717
Posted 07 July 2017 - 09:21 AM
Wtf... in English please??
Just a thought... but by opening the window further the dust will start to fill the place...
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html
#1718
Posted 07 July 2017 - 08:38 AM
Wtf... in English please??
Not sure what he means but the ratios found in musical octaves can be used to forecast time and price levels
#1719
Posted 06 July 2017 - 08:57 PM
#1720
Posted 06 July 2017 - 03:01 PM
All ALSI indices busy with 4th octave of the 3rd part the 1st movement.
- Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
- I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
- Vultures circle hereabouts. Give them control and say goodbye to your money.
- Learning links: http://swrict.blogspot.com/2018/11/trader-links.html