Sorry juts came back from Mosque now..
right shoulder +- 46272
U must use a line chart and go to 2 min chart...easier to see them there!!
on my 5min there is an inverse forming
Posted 08 September 2014 - 01:45 PM
Sorry juts came back from Mosque now..
right shoulder +- 46272
U must use a line chart and go to 2 min chart...easier to see them there!!
on my 5min there is an inverse forming
Posted 08 September 2014 - 01:36 PM
Thanx will do so
Posted 08 September 2014 - 01:35 PM
HDB where do you have the right shoulder. 46329 or 46320? Do you use the close price of the cande or the high within the candle
Sorry juts came back from Mosque now..
right shoulder +- 46272
U must use a line chart and go to 2 min chart...easier to see them there!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 01:00 PM
Went short on 5 min signal
Posted 08 September 2014 - 12:50 PM
Posted 08 September 2014 - 12:40 PM
HDB where do you have the right shoulder. 46329 or 46320? Do you use the close price of the cande or the high within the candle
Posted 08 September 2014 - 12:36 PM
I'm guess its because most trades are done by algo programmes.
also another possibility....
remember im thinking out of the box for most alsi nuts and bolts...I could be wrong but im confident this is how its played!!
Edited by HDB, 08 September 2014 - 12:38 PM.
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 12:35 PM
Posted 08 September 2014 - 12:35 PM
remember the hand s is one the most important and best tools to use for ta's
80% of them play out and once again this has to be a tool for the nuts and bolts of Alsi thread...
My question is :
Why does the h&s play out right to target price??If it breaks neckline, why will shorters continue to short it even to the last point to the target? Surely those last few points wil not earn any profit????
Im double posting this...
u mean head and shoulders?
Posted 08 September 2014 - 12:35 PM
Short 46293 here we come
Posted 08 September 2014 - 12:31 PM
remember the hand s is one the most important and best tools to use for ta's
80% of them play out and once again this has to be a tool for the nuts and bolts of Alsi thread...
My question is :
Why does the h&s play out right to target price??If it breaks neckline, why will shorters continue to short it even to the last point to the target? Surely those last few points wil not earn any profit????
Im double posting this...
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 12:27 PM
there were 2 hs and one his...suprised no one picked it up!!
Come on guys...
Father Xmas wont be here dishing out free money from Friday morning till sometime next week!!
Going to attend a wedding in Cape Town at the One and Only
Somebody has to carry the can here while im gone!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 12:25 PM
I see the 30min broke through the ema204 at 46282. If retest and down again should be strong resistance. Looking to get back in now. With s/l at 46332.
Posted 08 September 2014 - 12:21 PM
and before I go, here is something I picked up as I was closing up...
Check the 30min chart...
Perfect buy signal at 204.... and now either a breakout upwards at 34ema or juts a retracement to go short at 34ema..keep an eye on cci50 on that 30 min chart...came back to zero...more likely a retracement and will down again!! so sgort around 46450 will be a good risk reward trade with a 50 p stop!!
Good morning, again. Good call too. Ride that one and just went out. Looking to get in at 13ema again for the h&S.
Posted 08 September 2014 - 12:13 PM
BTW ive juts analysed the charts...we went up because of an IHS...
and we came down by 120 p by another h&S
and now this big one playing out
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 12:11 PM
ladies and gentlemen, good morning
we have just broken a massive hand s on the 5 minutes
target to 46100
Edited by HDB, 08 September 2014 - 12:12 PM.
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 10:14 AM
and before I go, here is something I picked up as I was closing up...
Check the 30min chart...
Perfect buy signal at 204.... and now either a breakout upwards at 34ema or juts a retracement to go short at 34ema..keep an eye on cci50 on that 30 min chart...came back to zero...more likely a retracement and will down again!! so sgort around 46450 will be a good risk reward trade with a 50 p stop!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Posted 08 September 2014 - 09:42 AM
cheers guys....all out for 1220p this morning with 10contracts...expected 2500 but little is better than none!!
bedtime now!! catch ull later!!
thats a good sleep right there
Posted 08 September 2014 - 09:41 AM
cheers guys....all out for 1220p this morning with 10contracts...expected 2500 but little is better than none!!
bedtime now!! catch ull later!!
Thank HDB, Good rest
Posted 08 September 2014 - 09:38 AM
cheers guys....all out for 1220p this morning with 10contracts...expected 2500 but little is better than none!!
bedtime now!! catch ull later!!
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!