31 votes
Sage
Posted 03 July 2014 - 01:00 PM
risk free trade..you've locked your profit in with stop...unbuckle your seat-belt and enjoy the ride!
I see this the other way, trading in the US tonight will probably be profit taking due to the good run so far, tomorrow will probably be the same for FTSE. we have such low volumes today like everyone is set for whatever and not going to take any risks. if this thing was looking for an ideal place to correct without starting a free fall this is the spot.
Advanced Member
Posted 03 July 2014 - 12:48 PM
My take is this be minute 5th to end minor 3rd. Next trip be abc for minor 4th. I am looking to short with scope for 1800 downside, portends US holiday selloff.
Countertrend trade with tight stops.
nice!
"Veni, vidi, vici"
Posted 03 July 2014 - 12:41 PM
Its been a hard run. Every time I think im going to take profits it turns and heads north. Who knows where it will end?
risk free trade..you've locked your profit in with stop...unbuckle your seat-belt and enjoy the ride! 
Edited by delta66, 03 July 2014 - 12:41 PM.
“melior diabolus quem scies”
Pachycephalosaurus
Posted 03 July 2014 - 12:35 PM
HI V or A, would you say we have completed iv and are now on our way to v of this wave?
My take is this be minute 5th to end minor 3rd. Next trip be abc for minor 4th. I am looking to short with scope for 1800 downside, portends US holiday selloff.
Countertrend trade with tight stops.
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 03 July 2014 - 12:34 PM
heya bears...its kung-fu time 
“melior diabolus quem scies”
Advanced Member
Posted 03 July 2014 - 12:28 PM
thks Mhlato...defo not shorting this market
Its been a hard run. Every time I think im going to take profits it turns and heads north. Who knows where it will end?
Little Master
Posted 03 July 2014 - 12:28 PM
thks Mhlato...defo not shorting this market
One thing is for sure, i hear a lot more yelling then crying atm...so it won't be long now before a +- 1,000 pip pulback 
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Silfen Path Wanderer
Posted 03 July 2014 - 12:27 PM
today was my first R50/pip(IG) contract trade....absolutely terrifying on scalp but have never made money so fast in my life won't do again even though it was a winning trade, glad @least tried it out once, trading those numbers intra can make you very rich or very poor in short timeSometime last year I accidentally took a full contract and nearly had a heart attack....closed it so quickly when it turned green...was gasping for air...
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 03 July 2014 - 12:22 PM
Well...DB got to their target, but my 1hr thingy and STTP say's no short yet.
thks Mhlato...defo not shorting this market
“melior diabolus quem scies”
Advanced Member
Posted 03 July 2014 - 12:10 PM
Last post - Looking for minor (iv) agrees. Behaviour of minor (ii) suggests to me that the corrective action will be shorter duration than that (ii) wave.
HI V or A, would you say we have completed iv and are now on our way to v of this wave?
South Africa 40 Futures(15 Minutes)20140703120128.png 67.28KB
4 downloads
Sage
Posted 03 July 2014 - 12:09 PM
anglo is on a really good run today 2.5 percent up so far but only 500 000 shares traded, a very low number
angloplat up 2.13 only 36000 shares traded, that is normally an opening trade in the first 2 minutes
Edited by grantmu, 03 July 2014 - 12:10 PM.
Little Master
Posted 03 July 2014 - 12:07 PM
Well...DB got to their target, but my 1hr thingy and STTP say's no short yet.
"Don't try to buy at the bottom and sell at the top. It can't be done, except by liars." - Bernard Baruch
Advanced Member
Posted 03 July 2014 - 12:05 PM
was riding at 250 pip yesterday, made money like water but got scared and bailed at the first resting point.
oh hell no. I will never survive the day!
"Veni, vidi, vici"
Posted 03 July 2014 - 12:00 PM
nope..sticking to those 10mini's but had my trades been on higher number plays(50/p) could have made more than the average annual income of a middle class working citizen in the past few sessions
.......sigh! 
“melior diabolus quem scies”
Sage
Posted 03 July 2014 - 12:00 PM
Was planning on adding shorts as we go up but have now rather decided to sit tight, looks like this bull will never back down again. Lesson to myself dont be greedy dont fight the trend and do the opposite of what i think!!!!!!!!!!!!
IG CASH
Sage
Posted 03 July 2014 - 11:55 AM
today was my first R50/pip(IG) contract trade....absolutely terrifying on scalp but have never made money so fast in my life
won't do again even though it was a winning trade, glad @least tried it out once, trading those numbers intra can make you very rich or very poor in short time
was riding at 250 pip yesterday, made money like water but got scared and bailed at the first resting point.
Advanced Member
Posted 03 July 2014 - 11:49 AM
today was my first R50/pip(IG) contract trade....absolutely terrifying on scalp but have never made money so fast in my life
won't do again even though it was a winning trade, glad @least tried it out once, trading those numbers intra can make you very rich or very poor in short time
I once made a wrong selection. Nearly had a heart attack when my portfolio hit 8 10 15 25K down in less than 2 seconds. took me another 2 seconds to close the trade. ended up 6 k in the green. had I waited another 10 seconds I would have been 50 in the green. I nearly vomited on my desk! Since then I double my triple check on what I have selected. 
Advanced Member
Posted 03 July 2014 - 11:42 AM
today was my first R50/pip(IG) contract trade....absolutely terrifying on scalp but have never made money so fast in my life
won't do again even though it was a winning trade, glad @least tried it out once, trading those numbers intra can make you very rich or very poor in short time
Been there, it is terrifying and exciting at the same time, but ultimately not worth the stress involved! i made and lost alot of money playing like that, but dont anymore!
"Veni, vidi, vici"
Posted 03 July 2014 - 11:39 AM
today was my first R50/pip(IG) contract trade....absolutely terrifying on scalp but have never made money so fast in my life
won't do again even though it was a winning trade, glad @least tried it out once, trading those numbers intra can make you very rich or very poor in short time
“melior diabolus quem scies”
Sage
Posted 03 July 2014 - 11:29 AM
still no volumes, nothing is driving this thing.
still making money so don't much care
