35854 replies to this topic

[Plasma]

Successful traders are always students of markets, always learning, and always adapting. They have periods of feast and famine, and they learn to keep themselves afloat during the lean times so that they can participate when things get better. In that context, learning when to not trade is a crucial component of trading success. - Brett Steenbarger

[Plasma]

The traders who I’ve seen maintain career success are also those who are absorbed by their talent. Their unusual productivity shows up in the constant flow of new ideas they generate and their continuous efforts at improvement and adaptation. One of the best tests of a trader is what they do when markets are closed. The best are absorbed in markets, whether markets are trading or not: theirs is a passion for mastery, not just a need to trade. - Brett Steenbarger

[Plasma]

Drawdowns are inevitable. Slumps are not. Your job in coaching yourself is to learn from the drawdowns and use them as opportunities to make yourself better. A drawdown only becomes a slump when it gets inside our heads and takes us away from our core strengths. Drawdowns become business opportunities when they focus us on those strengths and prod us to expand them. - Brett Steenbarger

[Vertebrae]

I will be very surprised if ZAR breaks thru 10.20. There will be a lot of Importer demand for USD between 10 and 10.20.

 

Maybe gold will distract...

 

[Zero Hedge]

Whilst HDB and his multiple personalities strive to garner your trust in one or other of them (sheep breeding)...
 
Decision Time is here for the Rand/$US...
 
USDZAR(Weekly).png
 
Place your bets (I will take the 9.55 route)

I will be very surprised if ZAR breaks thru 10.20. There will be a lot of Importer demand for USD between 10 and 10.20.

[AJS]

Decision Time is here for the Rand/$US...



Place your bets (I will take the 9.55 route)

Yeah,why not ABC structure down to 9.55? Looks reasonable to me. Well,at least, it looks like an ABC setup.

Edited by AJS, 15 June 2014 - 10:20 AM.

[Vertebrae]

Whilst HDB and his multiple personalities strive to garner your trust in one or other of them (sheep breeding)...

 

Decision Time is here for the Rand/$US...

 

 

Place your bets (I will take the 9.55 route)

[Plasma]

Bem ive closed my longs this morning and now have time for replying to your post!

Thanks for the reply...

I am not defending my theory but just thought I would discuss 2 points you made..

1. The rand/ dollar FX is the one of the most illiquid foreign currency to play. Why do you think the spreads are so high! Its a manipulators dream! Im in the import/ export business so I know that as a fact! Go try to put a buy for a million dollars and see what happens to the rand. If it was dollar/euro or dollar/pound, those currency wont even move for 10 times that volume! As I said Rand is an easy rarget for manipulators and our Reserve Bank Governors have been saying it for years!! SA made the biggest mistake by floating the rand..

2. Back to SAB...My exact point why Player A went for an overseas company instead of a local bourse stock!
I have asked many questions regarding the alsi in this forum and no one could answer them. You have to understand the mechanics of how the alsi system works to understand how this game is played. if you don't you will never understand my point!!
Vertebrae says its drama.Good luck to him because it shows his limited knowledge of the mechanics of the system! I wont get into those mechanics is that will require another 2 hours to post here!! I have a system which can tell me at anyone time what the underlying should be during the day plus minus a few points!! To get that system going , you have to know how this alsi works. Look back at my posts to see questions I was asking when I first started playing the alsi 6 months ago. It wasn't for testing who is clever in this forum. The question was specific as to how the bourse works. if you don't understand that, you not going to make a good trader!!

Just another question for you because you seem to know a lot about trading and I respect you for that..
If I buy one alsi contract from safex, what actually happens? What am I really buying??? Don't say a contract, I want more than that....

BTW SAB down over 1% in UK and about same here even with pound weakening!!

HI Ben,

I just watched Frans De Klerks Talking Techincals program aired last week Thursday. I taped it and watched it this evening..

When questioned about the alsi run up that day he said the following:

1. Fx is easily manipulated by dealers......He was trying to get my point across

2. SAB...here he said he did not buy the takeover rumours. A rumour is a rumour and treat it as such. He spoke quite a bit about market manipulation by the big players on this point....

3. In the same discussion he brought in NPN....

Hope you watched it. If not you will not understand the argument!!


Now coincidence or what? I brought up exactly all 3 same points

When watching the program it brought back memories of the "I told you so L "

I am still confident my theory holds a lot of water, and this program was not even aired when i made those comments!

Hay Frans, you reading my posts i see... Thanks for the free advertising on national TV Frans.. When i start my own pay to register website, i will send you the necessary commission too!!!

And BTW this is my last post on thread!! If any members need any questions answered about the alsi, cfd shares, long term share investments, forex or anything else relating to trading, i will start another thread for that and feel free to contact me there!! You can ask there or on my HDB CCI thread!! I will not post or respond to anything here or on any other thread besides the 2 i mentioned!!

And for Mr Kabaab let me set the record straight:

1. I am a Chartered Accountant and a full time trader.
2. I am registered with the FSB
3. I am still waiting for you to being me down..
4. and i don't charge for my advise and calls. All i ask from my class members is a simple thank you when they make money and for them to remember me in their prayers. If you not inspired by that, then you may as well continue to waste your energy and " TRY" to bring me down.
5. I am a rugby enthusiast having played rugby so beware of meeting up with me in a dark side street.

NO threats... Only facts!!



Good luck to rest of members here...Happy Trading!!

HDB, i salute you for sharing your system and your views. I am learning from your posts, please keep up the good work!

HDB....

You are a contradiction in terms....whilst you have helped some members you have alienated some others ito you approach. Surely you realise that?

Which ever way, prosperous trading on your thread and enjoy the journey...

[BlythZ]

Bem ive closed my longs this morning and now have time for replying to your post! Thanks for the reply... I am not defending my theory but just thought I would discuss 2 points you made.. 1. The rand/ dollar FX is the one of the most illiquid foreign currency to play. Why do you think the spreads are so high! Its a manipulators dream! Im in the import/ export business so I know that as a fact! Go try to put a buy for a million dollars and see what happens to the rand. If it was dollar/euro or dollar/pound, those currency wont even move for 10 times that volume! As I said Rand is an easy rarget for manipulators and our Reserve Bank Governors have been saying it for years!! SA made the biggest mistake by floating the rand.. 2. Back to SAB...My exact point why Player A went for an overseas company instead of a local bourse stock! I have asked many questions regarding the alsi in this forum and no one could answer them. You have to understand the mechanics of how the alsi system works to understand how this game is played. if you don't you will never understand my point!! Vertebrae says its drama.Good luck to him because it shows his limited knowledge of the mechanics of the system! I wont get into those mechanics is that will require another 2 hours to post here!! I have a system which can tell me at anyone time what the underlying should be during the day plus minus a few points!! To get that system going , you have to know how this alsi works. Look back at my posts to see questions I was asking when I first started playing the alsi 6 months ago. It wasn't for testing who is clever in this forum. The question was specific as to how the bourse works. if you don't understand that, you not going to make a good trader!! Just another question for you because you seem to know a lot about trading and I respect you for that.. If I buy one alsi contract from safex, what actually happens? What am I really buying??? Don't say a contract, I want more than that.... BTW SAB down over 1% in UK and about same here even with pound weakening!!

HI Ben, I just watched Frans De Klerks Talking Techincals program aired last week Thursday. I taped it and watched it this evening.. When questioned about the alsi run up that day he said the following: 1. Fx is easily manipulated by dealers......He was trying to get my point across 2. SAB...here he said he did not buy the takeover rumours. A rumour is a rumour and treat it as such. He spoke quite a bit about market manipulation by the big players on this point.... 3. In the same discussion he brought in NPN.... Hope you watched it. If not you will not understand the argument!! Now coincidence or what? I brought up exactly all 3 same points When watching the program it brought back memories of the "I told you so L " I am still confident my theory holds a lot of water, and this program was not even aired when i made those comments! Hay Frans, you reading my posts i see... Thanks for the free advertising on national TV Frans.. When i start my own pay to register website, i will send you the necessary commission too!!! And BTW this is my last post on thread!! If any members need any questions answered about the alsi, cfd shares, long term share investments, forex or anything else relating to trading, i will start another thread for that and feel free to contact me there!! You can ask there or on my HDB CCI thread!! I will not post or respond to anything here or on any other thread besides the 2 i mentioned!! And for Mr Kabaab let me set the record straight: 1. I am a Chartered Accountant and a full time trader. 2. I am registered with the FSB 3. I am still waiting for you to being me down.. 4. and i don't charge for my advise and calls. All i ask from my class members is a simple thank you when they make money and for them to remember me in their prayers. If you not inspired by that, then you may as well continue to waste your energy and " TRY" to bring me down. 5. I am a rugby enthusiast having played rugby so beware of meeting up with me in a dark side street. NO threats... Only facts!! Good luck to rest of members here...Happy Trading!!

HDB, i salute you for sharing your system and your views. I am learning from your posts, please keep up the good work!

[HDB]

Bem ive closed my longs this morning and now have time for replying to your post!

 

Thanks for the reply...

 

I am not defending my theory but just thought I would discuss 2 points you made..

 

1. The rand/ dollar FX is the one of the most illiquid foreign currency to play. Why do you think the spreads are so high! Its a manipulators dream! Im in the import/ export business so I know that as a fact! Go try to put a buy for a million dollars and see what happens to the rand. If it was dollar/euro or dollar/pound, those currency wont even move for 10 times that volume! As I said Rand is an easy rarget for manipulators and our Reserve Bank Governors have been saying it for years!!  SA made the biggest mistake by floating the rand..

 

2. Back to SAB...My exact point why Player A went for an overseas company instead of a local bourse stock!

I have asked many questions regarding the alsi in this forum and no one could answer them. You have to understand the mechanics of how the alsi system works to understand how this game is played. if you don't you will never understand my point!!

Vertebrae says its drama.Good luck to him because it shows his limited knowledge of the mechanics of the system! I wont get into those mechanics is that will require another 2 hours to post here!! I have a system which can tell me at anyone time what the underlying should be during the day plus minus a few points!! To get that system going , you have to know how this alsi works. Look back at my posts to see questions I was asking when I first started playing the alsi 6 months ago. It wasn't for testing who is clever in this forum. The question was specific as to how the bourse works. if you don't understand that, you not going to make a good trader!!

 

Just another question for you because you seem to know a lot about trading and I respect you for that..

If I buy one alsi contract from safex, what actually happens? What am I really buying??? Don't say a contract, I want more than that....

 

BTW SAB down over 1% in UK and about same here even with pound weakening!!

 

 

HI Ben,

 

I just watched Frans De Klerks Talking Techincals program aired last week Thursday. I taped it and watched it this evening..

 

When questioned about the alsi run up that day he said the following:

 

1. Fx is easily manipulated by dealers......He was trying to get my point across

 

2. SAB...here he said he did not buy the takeover rumours. A rumour  is a rumour and treat it as such. He spoke quite a bit about market manipulation by the big players on this point....

 

3. In  the same discussion he brought in NPN....

 

Hope you watched it. If not you will not understand the argument!!

 

 

Now coincidence or what? I brought up exactly all 3 same points 

 

When watching the program it brought back memories of the "I told you so L  "

 

I am still confident my theory holds a lot of water, and this program was not even aired when i made those comments!

 

Hay Frans, you reading my posts i see... Thanks for the free advertising on national TV Frans.. When i start my own pay to register website, i will send you the necessary commission too!!!

 

And BTW this is my last post on thread!!  If any members need any questions answered about the alsi, cfd shares, long term share investments, forex or anything else relating to trading, i will start another thread for that and feel free to contact me there!! You can ask there or on my HDB CCI thread!! I will not post or respond to anything here or on any other thread besides the 2 i mentioned!!

 

And for Mr Kabaab let me set the record straight:

 

1. I am a Chartered Accountant and a full time trader.

2. I am registered with the FSB

3. I am still waiting for you to being me down..

4. and i don't charge for my advise and calls. All i ask from my class members is a simple thank you when they make money and for them to remember me in their prayers. If you not inspired by that, then you may as well continue to waste your energy and " TRY" to bring me down.

5. I am a rugby enthusiast having played rugby so beware of meeting up with me in a dark side street.

 

NO threats... Only facts!!

 

 

 

Good luck to rest of members here...Happy Trading!!

[Vertebrae]

Now don't no one worry about it, cos' I know exactly we all are....

 

 

 

[Ninja]

There we go... S&P has cut both of SA's ratings by 1 notch...

[Argento]

thats the money Q there...thanks A

FTSE chart actually more bearish than bullish so joining the 'confused' bunch!

 

5H bearish cross approaching and broke down...maybe more downside in store next week!!??

 

A

Attached Files

•  FTSE.jpg   163.87KB   31 downloads

[Plasma]

Was away from screen for the most part of today....but happy with 193 pips today after the disaster earlier this week.

[delta66]

..going to be interesting how futures close-out is going to play out and if we are going to see a drop thereafter as was the case in 2013 or just continue north!

 

A

thats the money Q there...thanks A

[Argento]

Yip...back into limbo alias dull action alias bullish, and when they go up (minutes 4 to end) we join them as if we went down with them!

 

Sometime in the future the tables will turn and we will be the ones much weaker than the rest, when QE gets pulled out Emerging markets going to hurt the most!

 

But let the euphoria phase continue....

 

A

Possible bullish triangular formation playing out with target of 46200ish..going to be interesting how futures close-out is going to play out and if we are going to see a drop thereafter as was the case in 2013 or just continue north!

 

A

Attached Files

•  TOP40 (Bullish triangular).jpg   176.48KB   23 downloads

[Argento]

There is still a big pull in the market that seems to want SA to run a little higher, we follow the FTSE for about half the drop and then suddenly disconnect and go back into limbo, on the UPs we far exceed the FTSE. I have never seen this before, still playing the trend and that seems to be UP and nothing else. The daily and weekly MACD show no signs of changing direction yet. 

 

I am just another confused trader. 

Yip...back into limbo alias dull action alias bullish, and when they go up (minutes 4 to end) we join them as if we went down with them!

 

Sometime in the future the tables will turn and we will be the ones much weaker than the rest, when QE gets pulled out Emerging markets going to hurt the most!

 

But let the euphoria phase continue....

 

A

[grantmu]

we(T40) heading up over longer time frame but on daily looks like repeat sideways action in narrow channel...anemic conditions on intra unless playing bigger contract/s

There is still a big pull in the market that seems to want SA to run a little higher, we follow the FTSE for about half the drop and then suddenly disconnect and go back into limbo, on the UPs we far exceed the FTSE. I have never seen this before, still playing the trend and that seems to be UP and nothing else. The daily and weekly MACD show no signs of changing direction yet. 

 

I am just another confused trader. 

[delta66]

we(T40) heading up over longer time frame but on daily looks like repeat sideways action in narrow channel...anemic conditions on intra unless playing bigger contract/s

[Vertebrae]

Early bird passengers are welcome to play table tennis while waiting for the laggards to complete their wave (iv)