Jump to content


Photo
* * * * - 31 votes

ALSI Trades

Started by Plasma , Apr 03 2013 09:05 PM

  • Please log in to reply
35854 replies to this topic

#18521 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 19 June 2014 - 01:14 PM

46250 - 46300 is where my target is for close-out.

Aus up 1.5%. Resources flying.

K

Target was met. Now to see what happens.. To short now is just too easy.. But my finger is twitching!

 

K


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#18522 Hedge

Hedge

    Member

  • Members
  • PipPip
  • 174 posts

Posted 19 June 2014 - 01:10 PM

Wave 5 of wave 5 of wave 5 of wave III target found.

The ony way to stop me shorting this baby with all I got now is to shoot me

Want to see a wave Google Benji Brand GoPo surfing at Skeleton coast. Amazing!


  • 0

#18523 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 19 June 2014 - 01:07 PM

Great forum this but one word of caution.

Nobody can predict the market and one should be very careful about making 'predictions'.

One can think that something may/might happen but nobody can never know what the market is going to do and/or at any specific time or date.

Whether one likes it or not predictions by the 'gurus' can be very convincing and can influence some to follow.

Examples can be given but would serve no purpose at this time.

Some who have been strong on this are no longer with us.

We all use many tools to try and trade to beat the beast but there is no foolproof way.

Even with Elliot there is always another 'hidden' leg somewhere that is lurking to mess it all up.

Anyway just my view and not aimed at anybody specific so all just continue with the good work and lets hope for the big drop to materialise at some stage and for us to all ride it to some good profits. 

We are all here to learn, guys that make predictions will either be right or wrong proven by mr market, and reason why some of the strong members have gone due to it!

 

Interesting how one can post and give your views but each trader follows his own head, unfortunately the journey can only be taken alone en best learn out of losing money and through experience!

 

All my posts is just my view and trying to figure this beast out, maybe more members like yourself should start posting charts and express views otherwise what is the purpose??

 

A


Edited by Argento, 19 June 2014 - 01:07 PM.

  • 0

"Never never never give up!"



 


 

 
 

 

#18524 Plasma

Plasma

    Silfen Path Wanderer

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,286 posts
  • LocationSilvergalde

Posted 19 June 2014 - 01:06 PM

Shorted the Euphoria Spike, @46280, Hopefully I dont get "Pounded" by the exchange rate. Sorry.
Did the same...pity I did not stay in longer....hope you got a 100 from that :)
  • 0

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#18525 Vertebrae

Vertebrae

    Pachycephalosaurus

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,075 posts
  • LocationDystopia

Posted 19 June 2014 - 01:05 PM

Wave 5 of wave 5 of wave 5 of wave III target found.

The ony way to stop me shorting this baby with all I got now is to shoot me


  • 0

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.

#18526 Plasma

Plasma

    Silfen Path Wanderer

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,286 posts
  • LocationSilvergalde

Posted 19 June 2014 - 01:02 PM

What you can’t afford to do is throw away your capital on suboptimal trades. If you do, you will be too debilitated to trade when the right position comes along. Even if you put the trade on, it will be relatively small because your capital will have been depleted by the other trades. - Richard Dennis
  • 0

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#18527 strydomk

strydomk

    Advanced Member

  • Members
  • PipPipPip
  • 290 posts

Posted 19 June 2014 - 01:02 PM

Thanks hedge. Couldn't agree more.
  • 0

#18528 Plasma

Plasma

    Silfen Path Wanderer

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,286 posts
  • LocationSilvergalde

Posted 19 June 2014 - 01:00 PM

When you have a position, you put it on for a reason, and you’ve got to keep it until the reason no longer exists. Don’t take profits just for the sake of taking profits. You have to have a strategy to trade, know how it works and follow through on it. - Richard Dennis
  • 0

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#18529 Hedge

Hedge

    Member

  • Members
  • PipPip
  • 174 posts

Posted 19 June 2014 - 12:45 PM

Great forum this but one word of caution.

Nobody can predict the market and one should be very careful about making 'predictions'.

One can think that something may/might happen but nobody can never know what the market is going to do and/or at any specific time or date.

Whether one likes it or not predictions by the 'gurus' can be very convincing and can influence some to follow.

Examples can be given but would serve no purpose at this time.

Some who have been strong on this are no longer with us.

We all use many tools to try and trade to beat the beast but there is no foolproof way.

Even with Elliot there is always another 'hidden' leg somewhere that is lurking to mess it all up.

Anyway just my view and not aimed at anybody specific so all just continue with the good work and lets hope for the big drop to materialise at some stage and for us to all ride it to some good profits. 


  • 1

#18530 Darrith

Darrith

    Newbie

  • Members
  • Pip
  • 22 posts

Posted 19 June 2014 - 12:21 PM

Shorted the Euphoria Spike, @46280, Hopefully I dont get "Pounded" by the exchange rate. Sorry.


  • 0

#18531 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 19 June 2014 - 12:17 PM

So, we broken up out of the wedge.....danced on the upper line and now heading up....this is what is driving us at the moment and these things tend to end with an impulsive blast up!Stay tuned...

 

Only when the uptrend line breaks the bears will be here!

 

Nice graph of a possible roadmap attached for the SPX!

 

A

You can see the SPX is also busy with a wedge and has broken out up, so once it tops it too should return to where the wedge originated, being 1737 latter part of this year!Their monthly bollingerband is around 2000 so might overshoot.....

 

Spot the pattern and play it accordingly!But not always that easy... :huh:

 

A

Attached Files


  • 0

"Never never never give up!"



 


 

 
 

 

#18532 Plasma

Plasma

    Silfen Path Wanderer

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,286 posts
  • LocationSilvergalde

Posted 19 June 2014 - 12:11 PM

Out for 85 pips. Will reenter if opportunity presents....dash darn ....retesting 46 075 for 3rd time on 1 min chart...seems to be going through..


Missed all reentering opportunities...a spectator de lux!
  • 0

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#18533 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 19 June 2014 - 11:55 AM

over/out for 300p..taking day off.  cheers everyone..safe trading

Kudos!!

 

A


  • 0

"Never never never give up!"



 


 

 
 

 

#18534 Plasma

Plasma

    Silfen Path Wanderer

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,286 posts
  • LocationSilvergalde

Posted 19 June 2014 - 11:45 AM

over/out for 300p..taking day off. cheers everyone..safe trading


Great stuff!!!! :)
  • 0

The first goal is to ensure survival – avoid the risks that can empty your account and put you out of the trading business.  :)

#18535 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 19 June 2014 - 11:33 AM

over/out for 300p..taking day off.  cheers everyone..safe trading


  • 0

“melior diabolus quem scies”

#18536 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 19 June 2014 - 11:15 AM

What bears?? :D

 

A

They say the first thing that goes is the mind... :o


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#18537 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 19 June 2014 - 10:44 AM

A, those bears of yours I'm afraid are lost at sea...  :P

 

K

What bears?? :D

 

A


  • 0

"Never never never give up!"



 


 

 
 

 

#18538 Argento

Argento

    The Artist

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,481 posts
  • LocationJohannesburg

Posted 19 June 2014 - 10:43 AM

Traders say a top can only happen when all the bears are dead. Ive always wondered how that can possibly happen. Well I'm seeing it today.

Yip, this is euphoria buying indeed and also heard at the end of a bullrun the market gets silly, now silly is what I am seeing, ignoring any valid divergence signals and candles and just moving/grinding up!!

 

But...when this bullparty ends, and it will with QE coming to an end, the investor sentiment at a 9 year high and VIX 7 year low as stated before markets tend to retrace to the start of the pattern, so we are looking at a possible 39600ish target for that low in Oct, but where she is going to top don't ask me! :lol:

 

A

Attached Files


  • 0

"Never never never give up!"



 


 

 
 

 

#18539 K~~

K~~

    Master

  • Members
  • PipPipPipPipPip
  • 855 posts

Posted 19 June 2014 - 10:32 AM

So, we broken up out of the wedge.....danced on the upper line and now heading up....this is what is driving us at the moment and these things tend to end with an impulsive blast up!Stay tuned...

 

Only when the uptrend line breaks the bears will be here!

 

Nice graph of a possible roadmap attached for the SPX!

 

A

A, those bears of yours I'm afraid are lost at sea...  :P

 

K


  • 0

"The Stock Market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore.

#18540 delta66

delta66

    "Veni, vidi, vici"

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 3,918 posts
  • Location37.2350° N, 115.8111° W

Posted 19 June 2014 - 10:29 AM

cant believe how fast my account has grown today...seldom do i see returns on single session trades like i'm seeing today, always been 75-100p

 

loving it!!..and yes party hat is on :D

 

#moved stop up to R1#


  • 0

“melior diabolus quem scies”

Back to ShareChat



Sponsored by Sharenet and VPSNine Linux VPS Hosting
  1. ShareChat
  2. → ShareChat
  3. → ShareChat
  4. Privacy Policy