31 votes
Member
Posted 11 July 2014 - 03:54 PM
Next week is the MPC meeting..Any thoughts on the impact this might have? Has a possible interest rate hike already been priced in? Our financial and retail sectors seems completely bullet proof.
I don't think with the strikes and yesterday's poor manufacturing data that they will raise rates even-though inflation is a concern
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
Member
Posted 11 July 2014 - 03:50 PM
Next week is the MPC meeting..Any thoughts on the impact this might have? Has a possible interest rate hike already been priced in? Our financial and retail sectors seems completely bullet proof.
Member
Posted 11 July 2014 - 03:24 PM
Puts I sold well out of the money, 1h30 to go. Last 90 minutes expect a short squeeze
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
Silfen Path Wanderer
Posted 11 July 2014 - 03:19 PM
Good afternoon one and all. I have reading your chats often. Just joined. I am glad to here, hope to give my 2 cents worth. Not long to Alsi trading, Hope to get better. Regards to all
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Guest_Bandido_*
Posted 11 July 2014 - 03:08 PM
Good afternoon one and all. I have reading your chats often. Just joined. I am glad to here, hope to give my 2 cents worth. Not long to Alsi trading, Hope to get better. Regards to all
Master
Posted 11 July 2014 - 03:01 PM
Closed my long for a very small profit 16 pips, US markets turning red and Europe also down, doesn't look encouraging for me
Silfen Path Wanderer
Posted 11 July 2014 - 02:34 PM
i'm long cash 45960..
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Advanced Member
Posted 11 July 2014 - 02:10 PM
i'm long cash 45960..
Been collecting those things since yesterday. If it goes the other way I will hedge this batch, and buy more lower. If this turns out to be the equivalent of Black Monday, then I may have to request that you be kind to me because, I will be standing at the robot with a cardboard sign. 
Pachycephalosaurus
Posted 11 July 2014 - 02:00 PM
Market so thin I can almost see the gears and levers inside it.
Africa will never be regarded as adult until all of its organisations stop admiring and protecting criminal dictators.
MSM et al presents (sponsored) opinion as fact and seeks to indoctrinate. Journalists without ethics proliferate in a swamp of filthy lucre (BBC inclusive).
In response to decades of racism by fearful minority whites called apartheid there will be an eternity of racism by revengeful majority blacks called all kinds of excuses.
Corruption is not yet compulsory but it may as well be - Aggressive africanization uses the racist Employment Equity Act as a club.
Too many humans are too busy copulating to bother about the irresponsible, unsustainable and progressively catastrophic population explosion.
Whilst humanity prevails so will evil. Evil will survive and thrive through sophisticated indoctrination and other conscience-suppressing disguises.
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..
Cockroaches still lurk on sharechat because it is prime real estate for their con artistry, duping and grand theft.
"Veni, vidi, vici"
Posted 11 July 2014 - 01:53 PM
i'm long cash 45960..
“melior diabolus quem scies”
Advanced Member
Posted 11 July 2014 - 01:51 PM
Its bouncing between the daily pivot point and the Fibonacci (Edit) 61.8%. A convincing break either way will tell us where we going short term. Im hoping North
Advanced Member
Posted 11 July 2014 - 01:44 PM
Looking at the 5 min chart IG cash it seems that 46 000 is hard nut to crack today.. Have a long that got born just below that.
Its bouncing between the daily pivot point and the Fibonacci. A convincing break either way will tell us where we going short term. Im hoping North
The Artist
Posted 11 July 2014 - 01:37 PM
Decission time Short with V or long with Argento.
We will know soon...let's see if the classic friday afternoon short covering can lift us off!
A
TOP40 (Bullish triangular).jpg 153.91KB
3 downloads
"Never never never give up!"
Silfen Path Wanderer
Posted 11 July 2014 - 01:20 PM
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
"Veni, vidi, vici"
Posted 11 July 2014 - 01:03 PM
both views have probable outcomes...entry at these levels is hardcore either way especially on high exposure's
...play nicely but play safe 
“melior diabolus quem scies”
Advanced Member
Posted 11 July 2014 - 12:55 PM
Decission time Short with V or long with Argento.
its like having to choose between mum or dad
Sage
Posted 11 July 2014 - 12:48 PM
IG CASH
"Veni, vidi, vici"
Posted 11 July 2014 - 12:21 PM
me still thinks the low is in!
A
may be correct...downward pressure(T40 cash/futures) would have shown hand by this late into session. price action trending daily pivot(IG) looks stable as well
cautiously returning to bullish outlook
“melior diabolus quem scies”
The Artist
Posted 11 July 2014 - 11:57 AM
Thanks for your input Agento!! Greatly Appreciated!
Pleasure
Last bit of info from my UBS contacts about the top building process I spoke about!
The real action is around the corner and ride it right one can make good profits!!
A
"How does a more important market top look like?
It is a fact that even if today we were to see a setback
starting in the US, this would very likely not represent
THE top in the SPX. Again, we have no distributive top
pattern forming and in the VIX the classic tactical
divergence versus a new SPX high is still missing since
the VIX hit a new 7-year low last week.
So the one million dollar question is how a potential
top formation could look like and how long a potential
distribution phase could last. In 2007 and 2011, the top
building phase lasted 6 months and even prior to the
tactical setbacks during the 2012/2014 bull-run we had
minor tops forming via a several week’s lasting
distribution. One of the few exceptions over the last 40
years, where the SPX staged a relatively sharp reversal
was 2010 but even in 2010 we had a smaller divergence
forming in the VIX versus the SPX; and from a price
perspective a smaller head & shoulder top were forming
via a 2-week distribution phase. What do we expect to see
this year as a top? Given the major squeeze in the
market and on the back of the rising wedge in the Dow
Jones Industry we actually favor a smaller top pattern
and less time consuming distribution phase, but fact is
that after a potential short-term pullback into mid-
July we should see minimum one more bounce leg into
either late July and/or ideally first half August to form
an important top".
"Never never never give up!"
