Jump to content


Photo
* * * * * 1 votes

CHARTS

Started by farouk , Apr 24 2013 03:38 PM

  • Please log in to reply
344 replies to this topic

#261 Snippit

Snippit

    Plebeian Tribune

  • Members
  • PipPipPipPipPipPip
  • 1,712 posts
  • LocationGondwanaland

Posted 29 January 2019 - 02:42 AM

Looking for confirmation of the commencement of Primary wave [3] of Cycle III. 

 

https://jsecharts.bl...opper-uslb.html

 

copper-w-290119.png

 

cave serpentibus perierunt


  • 0
  1. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  2. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  3. Vultures circle hereabouts. Give them control and say goodbye to your money. 
  4. Learning links: http://swrict.blogspot.com/2018/11/trader-links.html

 

#262 Mr.Balls

Mr.Balls

    Member

  • Members
  • PipPip
  • 103 posts

Posted 22 July 2014 - 04:05 PM

Hi,

 

I'm not skilled in technical analysis but picked up this inverse H&S on GDX with positive relative strength. Can anyone comment on the validity of the pattern?

 

Thanks

You have a rising RSI in the short term with your inverse H&S, but you can see that it is still in a long term bear trend (from Sep 11), if it breaks this then I'd say the next bull trend will prob be established. However your H&S is a bit short  with only about $7 from the head to the neckline, so the "target" will be $33.


  • 0

#263 stoffels

stoffels

    Newbie

  • Members
  • Pip
  • 39 posts

Posted 22 July 2014 - 12:09 PM

Hi,

 

I'm not skilled in technical analysis but picked up this inverse H&S on GDX with positive relative strength. Can anyone comment on the validity of the pattern?

 

Thanks

 

 

Attached Files

  • Attached File  GDX.JPG   95.05KB   7 downloads

  • 0

#264 Zero Hedge

Zero Hedge

    Advanced Member

  • Junior Member
  • PipPipPip
  • 403 posts
  • LocationSome Island

Posted 27 April 2014 - 07:09 PM

With the threat of war from Russia move stop to breakeven.

You have been stopped out...and I could not understand why anyone would want to short gold with the threat of war in the air??? Just a reminder...call me when gold breaks 1440
  • 0

#265 farouk

farouk

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,725 posts

Posted 24 April 2014 - 04:04 PM

Those that followed my call move your stop loss to $1311.

Your risk now is $10.

 

With the threat of war from Russia move stop to breakeven.


  • 0

#266 Vertebrae

Vertebrae

    Pachycephalosaurus

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,075 posts
  • LocationDystopia

Posted 23 April 2014 - 08:15 AM

How to predict an imminent change of direction...

 


  • 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.

#267 farouk

farouk

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,725 posts

Posted 22 April 2014 - 10:49 AM

Gold bugs good news from my charts.

Presently Gold has a bottom target of $1130 minimum drop.

Stop loss $1331.

Presently trading @1301.

Excellent risk/reward.

Risking $30

Reward $172

 

Those that followed my call move your stop loss to $1311.

Your risk now is $10.


  • 0

#268 farouk

farouk

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,725 posts

Posted 22 April 2014 - 10:41 AM

Thats a very interesting chart.

The US of A leads and the herd thereafter follow.

A breach of that neckline will shave +-240 points of that index.


  • 0

#269 Argento

Argento

    The Artist

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

Posted 22 April 2014 - 10:00 AM

Argento.

Is it possible to put up a chart of the JSE Gold Index (J150) and give us your views.

Tks in advance.

We have a failed 5H bullish cross (bearish cross still at play) and with her breaking the macd 0 line bad things tend to happen, looks like a head and shoulders pattern in the works and the neckline pointing down could very much confirm it!

 

With stocks entering their last euphoria buying before their top in May this chart could get nasty to the downside, still a lot of room to the lower daily bollingerband!

A


  • 0

"Never never never give up!"



 


 

 
 

 

#270 farouk

farouk

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,725 posts

Posted 22 April 2014 - 09:40 AM

Hi Farouk,

 

Macd nos is (10,13) with MA on 1

 

A

 

Argento.

Is it possible to put up a chart of the JSE Gold Index (J150) and give us your views.

Tks in advance.


  • 0

#271 Argento

Argento

    The Artist

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

Posted 22 April 2014 - 09:35 AM

 A

What MACD nos you using?

Tks in advance.

Hi Farouk,

 

Macd nos is (10,13) with MA on 1

 

A


  • 0

"Never never never give up!"



 


 

 
 

 

#272 farouk

farouk

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,725 posts

Posted 17 April 2014 - 05:22 PM

Macd is showing upside coming in the yellow stone!

 

But if markets come down hard starting May the picture could change.....might see a pullback now though.....

 

A

 A

What MACD nos you using?

Tks in advance.


  • 0

#273 Argento

Argento

    The Artist

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

Posted 17 April 2014 - 04:47 PM

Macd is showing upside coming in the yellow stone!

 

But if markets come down hard starting May the picture could change.....might see a pullback now though.....

 

A


  • 0

"Never never never give up!"



 


 

 
 

 

#274 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 17 April 2014 - 02:09 PM

Got this from the interwebs.


  • 0
"Trade what you see, not what you think"

#275 Zero Hedge

Zero Hedge

    Advanced Member

  • Junior Member
  • PipPipPip
  • 403 posts
  • LocationSome Island

Posted 17 April 2014 - 12:05 PM

doesn't need to do that - just needs to go through 1331 ;)

Happy to play of a handicap... B)


  • 0

#276 @sirgrantfleming

@sirgrantfleming

    jedi

  • Senior Member
  • PipPipPipPipPip
  • 968 posts

Posted 17 April 2014 - 11:09 AM

Call me when gold breaks through 1430 as that will be your cue...

doesn't need to do that - just needs to go through 1331 ;)


  • 0
Twitter: @sirgrantfleming

#277 Zero Hedge

Zero Hedge

    Advanced Member

  • Junior Member
  • PipPipPip
  • 403 posts
  • LocationSome Island

Posted 17 April 2014 - 10:59 AM

Haha, call me as well because either way someone is buying the beer!

Will be me buying the beers...as I would have taken all Farouk's moola


  • 0

#278 AJS

AJS

    Sage

  • Senior Member
  • PipPipPipPipPipPip
  • 1,971 posts
  • LocationJohannesburg

Posted 17 April 2014 - 10:41 AM

Will definately call you.

Will also give you a call when my target is reached.

 

Haha, call me as well because either way someone is buying the beer!


  • 0
"Trade what you see, not what you think"

#279 farouk

farouk

    The Oracle

  • Senior Member
  • PipPipPipPipPipPipPipPip
  • 2,725 posts

Posted 17 April 2014 - 10:29 AM

Call me when gold breaks through 1430 as that will be your cue...

 

Will definately call you.

Will also give you a call when my target is reached.


  • 0

#280 Zero Hedge

Zero Hedge

    Advanced Member

  • Junior Member
  • PipPipPip
  • 403 posts
  • LocationSome Island

Posted 17 April 2014 - 10:15 AM

Zero Hedge

I gave you a chart of GDX listed as an instrument in the US of A.

Do you know what the GDX is comprised of?

PS our Gold mines will be saved by the USD/ZAR.

Hence expect a big upside in the ZAR and the charts are confirming it.

Now if you have just one Gold Miners chart from the US of A that can prove Gold reaching $1,600 then produce it.

Remember everthing i said is based on charts.

Call me when gold breaks through 1430 as that will be your cue...


  • 0
Back to ShareChat



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