35854 replies to this topic

[Snippit]

Hang Seng should almost be done with their W4 so need a big W5 now, and take Alsi and NPN with it, could start tomorrow already!

 

Eitherway this pullback is healthy and sets up the next bull run but final one!

 

After a bearish cycle should commence for 2 weeks down!

 

A

 

Hang Seng 

The Hang Seng most often has a good correlation with the JSE Top 40. The major correction that has been underway is no exception. The 5-3-5 pattern also requires one more leg down.

 

 

https://wavecount.bl.../hang-seng.html

 

 

non videbunt

[Snippit]

No worries Snippit, thanks...you do come out with some outrageous stuff though sometimes

 

I write my own script.  Recommended.

[Midas1]

No worries Snippit, thanks...you do come out with some outrageous stuff though sometimes 🤣

[Snippit]

Trading is 75% emotions and feeling!  The rest is money/risk management.  You can get away without knowing anything about trading and enter random. applying proper risk (2:1) and money management you get a growing equity curve.  I've proven this with a backtesting bot.

 

The 'industry' is fully aware that only a few per thousand will actually make the grade and sustain. Those that succeed are very special, high IQ's, dedicated like ordinary people will never start to understand. Why the 'industry' need to assist this process of abject failure can only be described as over zealous greed. 

[Snippit]

Oh dear, I'm sorry, didnt realise you had these problems

 

I was only trying to help. Not you because of your 'special' status. The target audience does not post, it just hovers and then falls.

[Midas1]

All this professional day trading talk is too technical for a common or garden half baked drug addict with too much money and a desire to gamble. Worry not, you have arrived in the right place. There is none of that highfalutin prattle here. Here we talk about our feelings.

Oh dear, I'm sorry, didnt realise you had these problems

[~DB~]

Trading is 75% emotions and feeling!  The rest is money/risk management.  You can get away without knowing anything about trading and enter random. applying proper risk (2:1) and money management you get a growing equity curve.  I've proven this with a backtesting bot.

 

 

[Argento]

All this professional day trading talk is too technical for a common or garden half baked drug addict with too much money and a desire to gamble. Worry not, you have arrived in the right place. There is none of that highfalutin prattle here. Here we talk about our feelings. 

 

A

[Snippit]

All this professional day trading talk is too technical for a common or garden half baked drug addict with too much money and a desire to gamble. Worry not, you have arrived in the right place. There is none of that highfalutin prattle here. Here we talk about our feelings. 

[Argento]

Alsi getting in the buy zone so NPN too...

 

A

[Argento]

Thanks so sell npn next week most probably....A when you say dont buy in summer do you mean USA summer? Cheers, Ive got npn and prx both long but want to trade them within few weeks and cash in...Dont like holding cfds for too long...wanting nice fluffy chickens not DB dried out eggs

Ye, sometimes Alsi and NPN differ but should align!Summer meaning when the markets are very overbought, winter when very oversold!

 

Cycle top due either friday/Monday!

 

A

[Midas1]

Hang Seng should almost be done with their W4 so need a big W5 now, and take Alsi and NPN with it, could start tomorrow already!

 

Eitherway this pullback is healthy and sets up the next bull run but final one!

 

After a bearish cycle should commence for 2 weeks down!

 

A

Thanks so sell npn next week most probably....A when you say dont buy in summer do you mean USA summer? Cheers, Ive got npn and prx both long but want to trade them within few weeks and cash in...Dont like holding cfds for too long...wanting nice fluffy chickens not DB dried out eggs

[Midas1]

If you sit on them too long!!

LOL Thats what I dont want, A very kindly been giving me a big push in the right direction when necessary so been listening very carefully..

[Argento]

I know nothing...first year trading so when see red...literally see red ....I'm still sitting on my npn cfds eggs....so please chuck me off when time to hatch ...cheers

Hang Seng should almost be done with their W4 so need a big W5 now, and take Alsi and NPN with it, could start tomorrow already!

 

Eitherway this pullback is healthy and sets up the next bull run but final one!

 

After a bearish cycle should commence for 2 weeks down!

 

A

[~DB~]

I know nothing...first year trading so when see red...literally see red 😂....I'm still sitting on my npn cfds eggs....so please chuck me off when time to hatch ...cheers

If you sit on them too long!!

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[Midas1]

Lol didn't mean I know nothing...mean 2 percent nothing,, I tend take position sizes too big though so can look bad

[Midas1]

I know nothing...first year trading so when see red...literally see red 😂....I'm still sitting on my npn cfds eggs....so please chuck me off when time to hatch ...cheers

[Argento]

Think I'm going have sit this out on my npn long...I'm down 2 percent on npn...how much further percent you reckon this going...need calculate ditch snd buy back or hold through the drop....f ### k

2% is nothing, need deep pockets to play NPN and Alsi otherwise you ain't going to make it in this game!

 

With the look of things she might bottom today already, need a mini B leg up and final C leg down, just sit tight!

 

Alsi and NPN always bullish after FOMC.

 

A

[~DB~]

Think I'm going have sit this out on my npn long...I'm down 2 percent on npn...how much further percent you reckon this going...need calculate ditch snd buy back or hold through the drop....f ### k

Its going to go crazy until the NPN/Prosus value gets settled. Could take weeks and many tests of R/S.   Charts skewed so would not bet on TA there for a while.

[Midas1]

Think I'm going have sit this out on my npn long...I'm down 2 percent on npn...how much further percent you reckon this going...need calculate ditch snd buy back or hold through the drop....f ### k