35854 replies to this topic

[CPvanWyk]

[Argento]

KLUNK!!!

 

That was Argento throwing the rest of his kitchen sink at this monster! 

[gannet]

With this mornings new low the positive divergence (60min) is just stronger so should see a good bounce today (will add shorts)...I reckon back to 44600ish on TOP40F!

 

But don't be fooled by this dead cat bounce, last week's strong bearish reversal candle is dictating the trend now, and it is down!

 

Ralph Acampora the godfather of all TA's said he has a sick feeling of the indexes now and a stealth bear cycle has already begun!

 

A

 

KLUNK!!!

 

That was Argento throwing the rest of his kitchen sink at this monster! 

[bear catcher]

ALSI suckered a lot of shorts again, myself included. Now back to hoping for a pullback and then being so glad you back in green that you sell and then miss out on profits.

[delta66]

expected a bit of bounce but 44000 who's short from these levels(44000+)?

[AJS]

[alsi_speculator]

We touched 43950 and 44400Note to self...Being patient and doing nothing is also trading..geez

So we should buy shorts at the end of the day?

[Shortboy]

We touched 43950 and 44400Note to self...Being patient and doing nothing is also trading..geez

Let go of that long of mine too early......ah well.

[Zero Hedge]

no...what im seeing is much more upside for alsi later today if they start to move in direction I forecast!! Think outside the box for once!!

 

And as I  write this see what BIL and Alsi is now doing!!

Yes BIL very close to its low for the day in London...local line helped by the ZAR

[Zero Hedge]

no...what im seeing is much more upside for alsi later today if they start to move in direction I forecast!! Think outside the box for once!!

 

And as I  write this see what BIL and Alsi is now doing!!

I am...and all that I am trying to say (which you fail to understand) is that it won't be BIL and AGL taking the ALSI higher here...

[K~~]

no...what im seeing is much more upside for alsi later today if they start to move in direction I forecast!! Think outside the box for once!!

 

And as I  write this see what BIL and Alsi is now doing!!

Agree with you, HDB. If the Northern hemisphere indexes start to climb, it will drag ALSI kicking and screaming up with it!

[HDB]

But BIL down and AGL barely up...so you are making money to be long ALSI...but for the wrong reason...which is what I am trying to say...ZAR bailing you out here so far...

 

no...what im seeing is much more upside for alsi later today if they start to move in direction I forecast!! Think outside the box for once!!

 

And as I  write this see what BIL and Alsi is now doing!!

[bear catcher]

But BIL down and AGL barely up...so you are making money to be long ALSI...but for the wrong reason...which is what I am trying to say...ZAR bailing you out here so far...

Well all things equal HDB in the money with a good call for today, yes we all waiting for the drop but nothing wrong making money while waiting.Added another short but still going up..........

[Zero Hedge]

Zero I don't think you understand what I meant....

 

1.I am a day alsi trader.

2.. I only worry about what AGL and BIL will do today.

3.. I compare resource prices as at 8am this morning with resource prices from close Friday 5pm

4. The future of iron ore has no effect on my strategy as that is already built into the price. Iam only worried what happens today to respurces and the ALSI

5. If BIL goes up, the correlation  of AGL to the US 10yr etc dos not effect me the least bit as I feel BIL will take AGL with it up for the day!!!

But BIL down and AGL barely up...so you are making money to be long ALSI...but for the wrong reason...which is what I am trying to say...ZAR bailing you out here so far...

[Lekkerry]

For some reason I do not see the LIKE button / link anymore. So: LIKE

 

 

For all the IG users out there, if you are struggling to get accurate levels on the charts because of after hours trading... there is a solution....:

 

Don't use the Chart icon, but rather click on ProRealtime charts. 

 

Once it opens, go to "Options". The very last item on the drop-down list is "Set time zone and trading hours"...

 

Set trading hours to 09:00 to 17:00, and clear the tickbox that says "Display weekend data"

 

Bob's your uncle!

 

K

[farouk]

Chart of NYSI weekly

 nysispx.PNG weekly.png   35.44KB   13 downloads

Lots of room for the downside.

Downside potential seems greater.

[K~~]

For all the IG users out there, if you are struggling to get accurate levels on the charts because of after hours trading... there is a solution....:

 

Don't use the Chart icon, but rather click on ProRealtime charts. 

 

Once it opens, go to "Options". The very last item on the drop-down list is "Set time zone and trading hours"...

 

Set trading hours to 09:00 to 17:00, and clear the tickbox that says "Display weekend data"

 

Bob's your uncle!

 

K

[bear catcher]

Top is in Short 44245

[farouk]

Chart of NYSI daily.

 nysispx.PNG daily.PNG   72.27KB   9 downloads

More room for the downside.

[HDB]

Also, I have a feeling there is a stronger correlation between the AGL share price and US 10yr than AGL and the nickle price?

Zero I don't think you understand what I meant....

 

1.I am a day alsi trader.

2.. I only worry about what AGL and BIL will do today.

3.. I compare resource prices as at 8am this morning with resource prices from close Friday 5pm

4. The future of iron ore has no effect on my strategy as that is already built into the price. Iam only worried what happens today to respurces and the ALSI

5. If BIL goes up, the correlation  of AGL to the US 10yr etc dos not effect me the least bit as I feel BIL will take AGL with it up for the day!!!