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ALSI Trades


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#19881 strydomk

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Posted 12 May 2014 - 03:14 PM

What am I missing??? (Other than a massive long 2 years ago)
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#19882 Gorrat

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Posted 12 May 2014 - 12:42 PM

The manual says never sell a dull market but Im writing my own manual!!!
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#19883 delta66

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Posted 12 May 2014 - 12:13 PM

added to short-ave now at 44003..flat trading day :mellow:


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“melior diabolus quem scies”


#19884 Lekkerry

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Posted 12 May 2014 - 11:43 AM

Argento is sipping wine in DA Cape, so doubt he will be monitoring SC.

 

Argento, do you think the bears should be worried, the market still seems strong. I am short at the moment with a medium term outlook. Please give some key support and resistance levels on the alsi cash that we should keep an eye on. In my view it is 44 100 and 43 500. Thanks


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From your perspective, Lekkerry is faceless and to a degree nameless, so any opinions expressed are just that, opinions from someone on the Internet  :D


#19885 Dallas

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Posted 12 May 2014 - 11:06 AM

Argento, do you think the bears should be worried, the market still seems strong. I am short at the moment with a medium term outlook. Please give some key support and resistance levels on the alsi cash that we should keep an eye on. In my view it is 44 100 and 43 500. Thanks


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#19886 AJS

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Posted 12 May 2014 - 10:31 AM

Learning to count exam

1st Task - Find a complex chart and post your wave count within 5 days of expected verification

If correct +10 points otherwise -10 points...

 

In this chart (sub sub v) follows to form (sub1) of a future extended 3 inception

 

attachicon.gifGold(Daily)yum.png

 

Sorry V, but what is this wave count implying? Impulse wave 3 up?


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"Trade what you see, not what you think"

#19887 Vertebrae

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Posted 12 May 2014 - 10:30 AM

Learning to count exam

1st Task - Find a complex chart and post your wave count within 5 days of expected verification

If correct +10 points otherwise -10 points...

 

In this chart (sub sub v) follows to form (sub1) of a future extended 3 inception

 


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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.


#19888 Roundtree

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Posted 12 May 2014 - 10:24 AM

Order waiting: 6 long @ 43028. 6 short @ 44404.

 

Happy trading.

Long entry moved up to 44076 to exit at 44299


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Happy trading!


#19889 Roundtree

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Posted 12 May 2014 - 08:55 AM

Order waiting: 6 long @ 43028. 6 short @ 44404.

 

Happy trading.


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Happy trading!


#19890 delta66

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Posted 12 May 2014 - 08:49 AM

short 43953..might have to follow through up till 44050+...roll of the dice :rolleyes:


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“melior diabolus quem scies”


#19891 OceanWalz

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Posted 09 May 2014 - 04:37 PM

thank you BC..yes i closed previous long and just closed short 43740 from 43800..over 347p total today

Delta, well done! you are at one with the Zone! 


Edited by OceanWalz, 09 May 2014 - 04:38 PM.

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#19892 OceanWalz

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Posted 09 May 2014 - 04:35 PM

I've never seen the head height measured perpendicular to the neckline before, is that the proper way to do it?

should make no difference , as long as you extend it to give the projection at the same angle 


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#19893 Roundtree

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Posted 09 May 2014 - 04:32 PM

i'm calling it..over 6K today :)

 

..time to wind down with some good Scottish whiskey!  see you all on the flipside.

Well done, brother.

 

Winners know when to stop.

 

May I recommend the Glenlivet 12. Light golden in colour, with toffee and honey undertones. And most of all it's easy on the palate. Only R450, that's pretty reasonable for "the whisky that started it all"

 

Well done, once again.


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Happy trading!


#19894 gringots

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Posted 09 May 2014 - 04:30 PM

 

This graph from net is better drawn than I can draw it - 

 

 

 

I've never seen the head height measured perpendicular to the neckline before, is that the proper way to do it?


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"Attitude produces better overall results than analysis or technique, of course the ideal situation is to have both, but you really don't need both, because if you have the right attitude the right mindset then everything else about trading will be relatively easy even simple and certainly a lot more fun." - Mark Douglas, Trading in the Zone.

 

Don't listen to me, I'm a market Rookie.

 


#19895 gringots

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Posted 09 May 2014 - 04:29 PM

gamma..he's correct.  this is how i trade T40 daily ie. targets within session range high/low levels

Would love to know more about your trading strategy, can you point us to anything that will give insight?

 

What indicators do you use?


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"Attitude produces better overall results than analysis or technique, of course the ideal situation is to have both, but you really don't need both, because if you have the right attitude the right mindset then everything else about trading will be relatively easy even simple and certainly a lot more fun." - Mark Douglas, Trading in the Zone.

 

Don't listen to me, I'm a market Rookie.

 


#19896 delta66

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Posted 09 May 2014 - 04:26 PM

i'm calling it..over 6K today :)

 

..time to wind down with some good Scottish whiskey!  see you all on the flipside.


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“melior diabolus quem scies”


#19897 delta66

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Posted 09 May 2014 - 03:55 PM

..because tide was turning :ph34r:  quick R1200 on that trade :lol:

 

 


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“melior diabolus quem scies”


#19898 bear catcher

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Posted 09 May 2014 - 03:46 PM

thank you BC..yes i closed previous long and just closed short 43740 from 43800..over 347p total today

WHY CLOSE SHORT?


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IG CASH


#19899 delta66

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Posted 09 May 2014 - 03:44 PM

Delta i think we should report you for insider trading! Well done you are nailing it. I take it you closed your longs?

thank you BC..yes i closed previous long and just closed short 43740 from 43800..over 347p total today


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“melior diabolus quem scies”


#19900 OceanWalz

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Posted 09 May 2014 - 03:39 PM

one Index that I often check is the RUT (USA small companies -Russel 2000) and often pre-empt the direction of the SPX (sure there are others wh have to be considered too) - I was hoping that it would break its downward channel yesterday at about 1125 signalling a bull case for the SPX - Instead it went lower and thereby only gave a damp squid to the  bull case - so a vote for the bears!

This graph from net is better drawn than I can draw it - 

 

original.jpg


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