go look at the 10 minute chart..see the 155 ema......alsi could not hold it for 3 days...so alsi will try to test it...and what level is that at ...well 43870...right where the gap sits....whooaaaa...dinkum. lessee..smooch.

ZoomZ Trading Thread
#1621
Posted 13 January 2016 - 12:23 PM
#1622
Posted 13 January 2016 - 12:21 PM
Thank you.. lesson learnt.. your knowledge is aiding in my trading success... Much appreciated.
pleasure Mr A I hope u are benefitting....there is no glossary for my stuff..its all glossed over...and I make myself look good...but actually we are okay at this. Toot says the trumpet to the crumpet.
#1623
Posted 13 January 2016 - 12:19 PM
Hey dudes stop asking for 'newbyness forgiveness'....and stop apologising....all questions are valid....we all know nothing in the end....
------------Mr A I apologise too you in advance too ; ...my retort is going to surprise you.......these gaps arise intraday on the 1 minute and 10 minute charts....intraday...for some reason...they seem to close....90% of the time.....
----------- but when alsi hits one of those trending days...where it grinds up or down 1200 points...then they dont close. How do I call them...? I dunno...instinct. Crazy but true. If alsi breaks above 200 it will be 4th attempt....she will run easily to 330...then test 44487.
Thank you.. lesson learnt.. your knowledge is aiding in my trading success... Much appreciated.
#1624
Posted 13 January 2016 - 12:18 PM
Mmmm I would have dumped longs and kept shorts here for that 43,870 and go back long.
No pozi at the moment waiting for the retrace to buy the dip
Mr B ..indeed I did that...markets looking strong...alsi wants to rally hard.....I close 2 contracts at 44107...above 44221 we fly.....if today is one of those grind days alsi will be an up and up and up scenario. If!!! will add shprts if we break 107 again...So if no grind higher today ... we going to close 43870.....sometimes charts though will not make it happen....today is 87% one of those days....the 90 minute chart says we are going higher. Cappin ZZ says 43870...stupid but true.
#1625
Posted 13 January 2016 - 12:12 PM
Forgive my newbyness but please explain how you see these gaps. My platfrom has gaps elsewhere. This may be a stupid question and I apologise.
Hey dudes stop asking for 'newbyness forgiveness'....and stop apologising....all questions are valid....we all know nothing in the end....
------------Mr A I apologise too you in advance too ; ...my retort is going to surprise you.......these gaps arise intraday on the 1 minute and 10 minute charts....intraday...for some reason...they seem to close....90% of the time.....
----------- but when alsi hits one of those trending days...where it grinds up or down 1200 points...then they dont close. How do I call them...? I dunno...instinct. Crazy but true. If alsi breaks above 200 it will be 4th attempt....she will run easily to 330...then test 44487.
#1626
Posted 13 January 2016 - 11:58 AM
damnit...alsi leaves a big gap 43870 on 1 minute.....will close IMO..
Forgive my newbyness but please explain how you see these gaps. My platfrom has gaps elsewhere. This may be a stupid question and I apologise.
#1627
Posted 13 January 2016 - 11:52 AM
Mmmm I would have dumped longs and kept shorts here for that 43,870 and go back long.
No pozi at the moment waiting for the retrace to buy the dip
#1628
Posted 13 January 2016 - 11:44 AM
Mr B ....Indeed...if we are going higher 47000 is the count...top channel line....I have covered 60% of my longs here at 44200.....will add on backtest retest of 44200....or below 870...43830.
closed all zz short 5 contracts...will close above 330...review...90 minute chart does look good...RSI good. but me short for a little retrace..44197
Edited by ZoomZ, 13 January 2016 - 11:45 AM.
#1629
Posted 13 January 2016 - 11:39 AM
My system says bulls are back on the daily chart with a target of 47,000 - 47,400
Mr B ....Indeed...if we are going higher 47000 is the count...top channel line....I have covered 60% of my longs here at 44200.....will add on backtest retest of 44200....or below 870...43830.
#1630
Posted 13 January 2016 - 11:37 AM
I don't see any other level to cut these longs but 44390...
#1631
Posted 13 January 2016 - 11:35 AM
My system says bulls are back on the daily chart with a target of 47,000 - 47,400
#1632
Posted 13 January 2016 - 11:10 AM
damnit...alsi leaves a big gap 43870 on 1 minute.....will close IMO..
#1633
Posted 13 January 2016 - 11:07 AM
I am long, have my take profit at 44,100.
#1634
Posted 13 January 2016 - 10:35 AM
Direction change.... Lets see.
lessee
You better know when to hold on, know when to walk away and know when to run!
#1635
Posted 13 January 2016 - 10:31 AM
Direction change.... Lets see.
#1636
Posted 13 January 2016 - 10:29 AM
Mr B..Yar indeed metals up ...but gold down....US europe trying to rally.....china SSE index swings from +tive to down 2.42%...breaks BIG 3000 round number mate....all looking like k.a.k rubarb pie...k.a.k.
#1637
Posted 13 January 2016 - 10:13 AM
Thought ALSI would be flying by now, that strengthening ZAR is holding us back
#1638
Posted 13 January 2016 - 07:21 AM
..McKenna .................Thanks for the breadcrumbs.
Mckenna...genius with no peers.....Breadcrumbs...mate I gave the whole cake there.
-------Anyway Dow fell further than I thought ....failed 462/7...went all the way as it should to next bus stop 330...and held.....then bounced to yesterdays highs.....595...I said alsi would bounce and did...bounced off 43500 equivalent....ZZ covered shorts from late yesterday 667....and bought 667...and '517' IG auxillary. I cannot see the strength lasting although markets want to rally a little...but china is not assisting although HK is...
---------------So again another volatile day...alsi must breach 44147 to get airborne....otherwise...she will slink back to 43330..review. as we go
Edited by ZoomZ, 13 January 2016 - 07:21 AM.
#1639
Posted 12 January 2016 - 05:40 PM
Mr Bullet....the solution to comprehend this is to reverse the polarity of your understanding....
----we humans are not in charge.....the force is....The Forces....
----these forces, in a Digital Musical / Vibrato Universe coalesce, culminate, assimilate intellectually in what we call price...all forces of nature economics and geopolitics aggregate in a numerical mysterious pattern.
------we call this markets prices supports and resistances. enjoy.
Has a ring of old McKenna discourses to it, obviously applied differently. Nonetheless, back to observing. Thanks for the breadcrumbs.
#1640
Posted 12 January 2016 - 05:27 PM
cheeky Dow....16462/467 was the level I spoke for 2 days...not 487...I did close 2o points early...b.u.g.g.e.r...it wants to hold...brent not assistng
Edited by ZoomZ, 12 January 2016 - 05:28 PM.