A check the NYSI summation index.
Both daily and weekly.
That index and its signals let me down in the past!
A
Posted 11 July 2014 - 09:30 AM
A check the NYSI summation index.
Both daily and weekly.
That index and its signals let me down in the past!
A
"Never never never give up!"
Posted 11 July 2014 - 09:28 AM
Hi Argento,
So if VIX breaches the upper bollingerband and comes back is that a buy signal? And if it breaches the lower bollingerband and comes back would that be a sell signal?
Thanks
Thanks AJ
Yip, same principal as normal market when a bollingerband gets breached...so in this case VIX will move down now and markets back up (so a buy)!
Very important indicator to watch!
Bears had a quick party..now bulls are back!
A
"Never never never give up!"
Posted 11 July 2014 - 09:27 AM
This time it looks like the long signal was valid so shorts beware!Luckily recovered from yesterday...
VIX also gave a buy signal last night for SPX by breaching the bollingerband and coming back!(Caldaro's chart)
Bring on friday!
A
A check the NYSI summation index.
Both daily and weekly.
Posted 11 July 2014 - 09:24 AM
VIX moves in opposite direction to the market. It is a fear gauge. Market up = VIX down and vice versa.
Edited by AJS, 11 July 2014 - 09:29 AM.
Posted 11 July 2014 - 09:23 AM
This time it looks like the long signal was valid so shorts beware!Luckily recovered from yesterday...
VIX also gave a buy signal last night for SPX by breaching the bollingerband and coming back!(Caldaro's chart)
Bring on friday!
A
Hi Argento,
So if VIX breaches the upper bollingerband and comes back is that a buy signal? And if it breaches the lower bollingerband and comes back would that be a sell signal?
Thanks
Posted 11 July 2014 - 09:19 AM
yesterday was an over reaction. in order for this to turn back up there needs to be a rethink of th shares bought and sold yesterday. Gold index needs to correct first before the market will go back up, The indexes seem to be slowly comming back to Zero. it will go down till the overreaction wears off.
Posted 11 July 2014 - 09:18 AM
Sluggish open, waiting for European buyers to push us up
Markets can remain irrational longer than you can remain solvent – John Maynard Keynes
Posted 11 July 2014 - 09:08 AM
Long it is!!
A
This time it looks like the long signal was valid so shorts beware!Luckily recovered from yesterday...
VIX also gave a buy signal last night for SPX by breaching the bollingerband and coming back!(Caldaro's chart)
Bring on friday!
A
"Never never never give up!"
Posted 11 July 2014 - 09:01 AM
Taking the high probability ride down to 45360 ish (futures)
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.
Posted 11 July 2014 - 08:50 AM
anyone here trade forex? if so, have you heard of signalmaster?(signaltrader.c*m) cursory glance of their return performance seems impressive.
“melior diabolus quem scies”
Posted 11 July 2014 - 07:46 AM
S&P 500 down -0.41%
Dow down -0.42%
Asian markets are higher so far. The Nikkei 225 is up 0.26% while the Hang Seng is up 0.09%. The Shanghai Composite is not trading.
Mixed markets. Looks like an opening short position for ALSI or does it, will see?
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Posted 11 July 2014 - 05:51 AM
Posted 10 July 2014 - 08:50 PM
Had a trailing stop on ONE contract; last time I looked SL was at 46029; got stopped out at 46009! IG not crooked?! Wanna tell me there were no buyers at 46029 for ONE contract!??
Ah well, now my position is neutral again for the night; let me go listen to some lekker loud music rather...
Edited by BBW, 10 July 2014 - 08:51 PM.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
Posted 10 July 2014 - 08:38 PM
Take profit, take profit, take profit. TAKE PROFIT!
150 pips up since the 212 down this morning....do I take profit or let it run ....
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 10 July 2014 - 08:33 PM
Playing this thing teaches you one thing, money what's that? I find it quite difficult when I shout out of the office F%^&*(k and the wife comes in and I say just lost 100K, and not 5 minutes later I am back in with a new set of trades, followed by a sharp slap to the back of my head, I love my wife, the bruise on the back of my head not so much.
You are not alone Delta, i started off with a 7k profit and ended up with an 80k loss.
money has less meaning now, its just another number i have to deal with every day.
The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.
Posted 10 July 2014 - 07:59 PM
Stepping back...
The Primary bull has 5 Primary waves (legs)…
3rd leg: my provisional high side target is 48667 – (top here is influential to target for 4th leg) – now looks like (iii) topped at 47276 and now in (iv) trying to find start of (v) and presently favoring 45361. {Caldaro thinks SPX 3rd leg top is probably in}
4th leg target by previous 4th guideline is 39620 {or if 3rd has topped at (iii) and 4th = 2nd can be 42079}.
5th leg target has a low low of 47524, a low of 48429 and a possible high of 53874.
And so I take it that there will more than likely be a 47524 moment eventually.
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.
Posted 10 July 2014 - 07:56 PM
Stepping back...
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.
Posted 10 July 2014 - 07:53 PM
when i made the transition from 'money' to 'pips' - it mattered not so much no more?
Agree but just sometimes when you push your luck a bit and start messing with more than R200 p/p looking at the counter (provided it is going in the right direction) still give me kick
Posted 10 July 2014 - 07:51 PM
Take profit, take profit, take profit. TAKE PROFIT!
150 pips up since the 212 down this morning....do I take profit or let it run ....
From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet
Posted 10 July 2014 - 07:45 PM
Playing this thing teaches you one thing, money what's that? I find it quite difficult when I shout out of the office F%^&*(k and the wife comes in and I say just lost 100K, and not 5 minutes later I am back in with a new set of trades, followed by a sharp slap to the back of my head, I love my wife, the bruise on the back of my head not so much.
money has less meaning now, its just another number i have to deal with every day.
when i made the transition from 'money' to 'pips' - it mattered not so much no more?
Life is for living...