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#61 Midas1

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Posted 29 April 2019 - 05:10 PM

You think tomorrow going green or red? Bloody hell mine went down 20k today...with weds being holiday maybe Tuesday going behave like Friday
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#62 Polly

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Posted 29 April 2019 - 05:10 PM

Welcome back

thanks.....i has targte of 53000 from 7am...bloody thing dropped to 52300......800 was the sweet spot short....missed it....

 

did make money on only trade of day though though on alsi.....160p closing long before markets opened on IG!!


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#63 Midas1

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Posted 29 April 2019 - 05:08 PM

Welcome back
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#64 Polly

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Posted 29 April 2019 - 05:08 PM

Any ideas why everything so red today?

good question...i was uber bullish before opening.....took me by surprise as well....

 

only thing i noticed , alsi charts has now reversed course is saying top reached....now trend change....


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#65 Midas1

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Posted 29 April 2019 - 05:00 PM

Any ideas why everything so red today?
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#66 Midas1

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Posted 18 April 2019 - 01:59 PM

Great thanks
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#67 Polly

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Posted 18 April 2019 - 01:56 PM

Hi P,, what level do you foresee npn in next weeks? Back sa on monday thankfully..f n frozen

back end of month...

Just follow A...he gets it spot on more often then not!!!

He does not trade NPN but the alsi.....and NPN is the alsi  :D

He has got higher targets fro the alsi..so npn should follow!!


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#68 Midas1

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Posted 18 April 2019 - 01:05 PM

Hi P,, what level do you foresee npn in next weeks? Back sa on monday thankfully..f n frozen
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#69 Midas1

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Posted 17 April 2019 - 08:57 AM

Mcz....good news on sens
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#70 Midas1

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Posted 26 March 2019 - 04:45 PM

See you still around..clawed my money back today on npn, exx, imp and bti..whew hairy....bon voyage
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#71 Midas1

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Posted 25 March 2019 - 12:42 PM

Great stuff..enjoy..im going uk 8April ..not as nice but at least break
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#72 Polly

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Posted 25 March 2019 - 12:16 PM

help desk will be closed for a month or so...Off to OZZ!!!


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#73 Midas1

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Posted 25 March 2019 - 09:41 AM

Sold mrp...had to everything looks bad..still holdin exx and mnd on cfds
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#74 Midas1

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Posted 25 March 2019 - 06:47 AM

Hi p..reckon npn down 4 percent today looking tencent....do u think any little rise mrp today before drop or just slam down..going have try time this which is fairly impossible..have a good one
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#75 Midas1

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Posted 24 March 2019 - 09:01 PM

You reckon mondi and exx saved from bulls...mondi wasnt great frid....still have faith but may need wait while...exx i think will give me my 2.5 percent..i hope..make up for my loss...good luck
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#76 Polly

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Posted 24 March 2019 - 08:24 PM

Hi..do you use investing.com for charts or any free charts you can recommend? Trading.view etc? Pressure on for me mrp monday... thanks help

I have a choice of IG , PSG or investing... However i only use investing..They free and offers amazing features if you know how to handle/use it...

 

Play around with the charting feature...u can save it once registered , see up to 8 charts on one page , overlay one stock/index over another etc etc....

 

 

Tomorrow/coming week  it seems  the big bad bear back in town. Nothing will be spared

 

Lionel and Larry carefull now...That momentum from last week is out of this market...My take  the Pyramid scheme will drop to R1.40/1.50 this week...( the target for the inverse head and shoulders rejection) and with  all the negative hitting it re the pwc report and managements incompetence , who knows may drop even into the gutter!!

Last week this time the punters were all smiling and sleeping tight when the PWC report hit the wires(posting large volumes  and tradegate to effect R2.30+...Amazing what a week makes and pyramid looks worse than ever!!


Edited by Polly, 24 March 2019 - 08:24 PM.

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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#77 Midas1

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Posted 24 March 2019 - 07:54 PM

Hi..do you use investing.com for charts or any free charts you can recommend? Trading.view etc? Pressure on for me mrp monday... thanks help
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#78 Midas1

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Posted 23 March 2019 - 03:45 PM

https://www.google.c...Xcz2Pl3&ampcf=1
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#79 Midas1

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Posted 23 March 2019 - 03:43 PM

Bit more gloom and explanation
Rand slumps against the dollar as weak German data hits the euro
Business Day
1 day ago...didn't realise rand tracks euro
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#80 Midas1

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Posted 23 March 2019 - 11:16 AM

Mr P weekly chart :

 

 

attachicon.gifa1.PNG

 

Pure technical view from weekly chart:

 

1. broke below 200ema (lilac/mauve serrated line)...check how that line gave it support but now broke down convincingly - bearish

 

2. buying signal /support to buy any put away for your grandchildren is +-R160.00 this week ( goes higher every week as its an uptrend line)

 

3. stoch has reached the bottom so downside may now be limited. However stochs can stay in this territory for weeks.

 

4. just checked rsi now and still roon to go a little down...

 

5. All likelihood this will go  test R160/ 165 levels soon where it will be a buy for long term.

 

 

PS : from a fundamental point of view  i have been bearish retailers for last 12 months,,,only shorting the bounces..never long...

 

and M as far as stop is concerned , this is horses for courses...depends on your risk appetite... I normally go for 5% and hold longer...

 

 

Good Luck...

Thanks a lot, hope little upside monday then must bite the bullet and sell the swines...also sitting with them in my equities but will have to just hold them...after month of serious graft on my cfds am sitting where I started break even due to mrp...only reason I bought them again was made from 208 to 211 twice, tried 3rd time and bitten..and didn't believe they wouldn't come back to 208...oh well you live and you learn..Cheers ps you would think when us markets crashed rand should get stronger but its sitting at 14.50 today..


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