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Today's CFD Call


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#401 walter10

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Posted 11 May 2015 - 08:46 AM

NPN long for more joy


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#402 walter10

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Posted 11 May 2015 - 08:23 AM

What do you guys make of LON interim results this morning?


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At the very least, this saves me a trip to the casino!

#403 OceanWalz

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Posted 11 May 2015 - 08:21 AM

Thanks AJS, I hear you, - and mean reversion possibility is always odds in your favour!


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#404 AJS

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Posted 11 May 2015 - 08:15 AM

hi AJS, Would you mind sharing your reasoning on keeping onto your SGL?, say compared to GFI or ANG?

Gold seem relatively out of favor, has faster rising costs, dollor strength makes it 'over priced' , low interest rates and -inflation reduces its investment demand..

- on NYSE the GDX Is a third of its 2011 value! But seems to form a cup and handle graph and if that is part of bigger IH&S pattern then good for longs in gold miners

 

Hi O

 

I have not taken a fundamental view on gold to justify this trade. It is a opportunistic, short-term and technical trade for me.  The share price was hit > 22% in 3 days and there are some good lateral support around R23 and R21.  Playing a mean reversion game here.  

 

Sorry - but there is not more to this trade for me :)


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"Trade what you see, not what you think"

#405 yusufm

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Posted 11 May 2015 - 06:39 AM

Ok good, should've probably had a tight stop in place on SGL. I'm not entirely confident in them right now, so putting a SL in...
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#406 Pilotpilot

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Posted 10 May 2015 - 10:41 PM

Attached is the shares i'm taking positions on for tommorrow.

 

Attached Files


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#407 OceanWalz

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Posted 10 May 2015 - 03:14 PM

hi AJS, Would you mind sharing your reasoning on keeping onto your SGL?, say compared to GFI or ANG?

Gold seem relatively out of favor, has faster rising costs, dollor strength makes it 'over priced' , low interest rates and -inflation reduces its investment demand..

- on NYSE the GDX Is a third of its 2011 value! But seems to form a cup and handle graph and if that is part of bigger IH&S pattern then good for longs in gold miners
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#408 SyndriN

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Posted 10 May 2015 - 12:42 PM

Still holding
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#409 AJS

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Posted 10 May 2015 - 10:13 AM

Are we still holding SGL longs or have you guys been stopped out?


Yup. Still holding.
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"Trade what you see, not what you think"

#410 delta66

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Posted 10 May 2015 - 09:22 AM

Are we still holding SGL longs or have you guys been stopped out?

still holding


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#411 yusufm

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Posted 10 May 2015 - 06:24 AM

Are we still holding SGL longs or have you guys been stopped out?
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#412 delta66

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Posted 08 May 2015 - 04:29 PM

been selling INL due to uncomfortably high exposure..leaving 50% running with stop 11050


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“melior diabolus quem scies”


#413 delta66

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Posted 08 May 2015 - 03:38 PM

Long MDC 11724.

 

Long TKG 7364, short Stop at 7300 in case there is further downside.  TP anything over 8000.

good trades imo...


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#414 walter10

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Posted 08 May 2015 - 02:20 PM

Order for MTN long at 22500


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At the very least, this saves me a trip to the casino!

#415 In abunde

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Posted 08 May 2015 - 01:04 PM

Long MDC 11724.


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#416 In abunde

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Posted 08 May 2015 - 01:03 PM

Long TKG 7364, short Stop at 7300 in case there is further downside.  TP anything over 8000.


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#417 delta66

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Posted 08 May 2015 - 11:56 AM

2:30pm should give indication of direction.

waiting..in anticipation! :D


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#418 stoffels

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Posted 08 May 2015 - 11:45 AM

I am closing all shorts! Too mush indecision in the market at the moment. Sitting on my hand until close this afternoon. Frustrating.

2:30pm should give indication of direction.


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#419 Pilotpilot

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Posted 08 May 2015 - 11:41 AM

Some more CFD calls for today.

 

EXX - Short ***

SOL - Short **

SAB - Long **  (Only long that looks good) (Market liked yesterdays SENS)

BIL - Short **

KIO - Short *

 

TON - Could short some more, as it looks like today could be the big down day!

GFI- Keeping short

REM - Keeping short

SHP - Keeping short

WHL - Close this short (should go down a little today, but not doing what it is supposed to)

 

EXX looks like the strongest pick for the day.

 

I am closing all shorts! Too mush indecision in the market at the moment. Sitting on my hand until close this afternoon. Frustrating.


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#420 stoffels

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Posted 08 May 2015 - 09:50 AM

and if one forecast a ZAR weakening you still think these are prime Short candidates?

ZAR weakening would come from a strong NFP print later this afternoon and strong dollar - commodities should start next leg down in that scenario. Trade with caution ahead of the announcement!  


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