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The Beast (ALSI)

Alsi top 40 FTSE/JSE

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#301 Polly

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Posted 13 February 2019 - 03:20 PM

and 15 min confirmation of short thsi morning...and then long...and now short building...

 

Attached File  a2.PNG   26.3KB   6 downloads

 

morning outside bank....reversed to bottom band.....then reversed to top of band....and now???


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#302 Polly

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Posted 13 February 2019 - 03:13 PM

nice long signal on alsi now....time to watch npn reversing losses

 

 

Attached File  a1.PNG   69.75KB   0 downloads

 

 

4 indicators confirmed....


Edited by Polly, 13 February 2019 - 03:14 PM.

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#303 Polly

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Posted 13 February 2019 - 03:08 PM

nice long signal on alsi now....time to watch npn reversing losses

200 points and counting.... :)


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#304 Snippit

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Posted 13 February 2019 - 03:02 PM

nice long signal on alsi now....time to watch npn reversing losses

 

Retail sales miss was out before this long signal? What long signal?

Not on a chart , because you don't do charts or technical stuff. Must be the tea leaves. Put the kettle on. 


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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#305 Polly

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Posted 13 February 2019 - 02:51 PM

13:00   ZAR   Retail Sales (YoY) (Dec) -1.4% 2.7% 2.9%  

for going foward in a lekka red day.... :)


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#306 Polly

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Posted 13 February 2019 - 02:50 PM

13:00   ZAR   Retail Sales (YoY) (Dec) -1.4% 2.7% 2.9%  


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#307 Polly

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Posted 13 February 2019 - 02:07 PM

nice long signal on alsi now....time to watch npn reversing losses


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#308 Snippit

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Posted 13 February 2019 - 02:01 PM

Futures up

Rising Central Pivot ( from previous day's level)

Price above Pivot and moving averages and EMAs still crossed up

Remaining long on this ( 1 hour) timeframe

 

I see you posting a chart that belongs to IG. Do they use you to promote them? 

When Polly starts rapping with you then we will know this thread is just another dog and pony show to promote IG.

Pity they can't find real traders with some real knowhow to do their mug recruiting.

What do you think about the warning at the IG site that claims over 80% of new accounts will lose all of their money?


Edited by Snippit, 13 February 2019 - 02:02 PM.

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"To set unfamiliar people up for a fall is not really very honest, its just old-fashioned criminal"

  1. Sign here: https://www.5gspaceappeal.org/about/  Read this: Watson - Just another corrupt ANC beneficiary 
  2. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  3. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  4. Vultures circle hereabouts. Give control and say goodbye. Learning links: http://swrict.blogsp...ader-links.html

 

 


#309 Baywatcher

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Posted 13 February 2019 - 12:03 PM

as you see im a day trader...No overnight positions.

 

One factor you have to consider when trading the alsi and its not the US f....

 

and today that factor played for a genuine free short trade...kinda ducks all lined up at opening....

 

Glad you use 1 hour max time frame..I always said with the beast anything longer than an hour you wount really make mone as you will be following the crowd. I use 5 and 15 min.

 

Also agree with fibs...and feel EW is a waste of time here....( alsi that is)..always after the event!!

 

Thanks Polly

Appreciate that info

I was watching on a quicker time frame and managed to bail quickly forra small loss

Sitting neutral at the moment


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"...like the casinos, you will own the game and be a consistent winner..."
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#310 Polly

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Posted 13 February 2019 - 11:43 AM

...and then npn could go red 2. to 3%....bears owe the bull that!!

and npn down 2.2%  now


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#311 Polly

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Posted 13 February 2019 - 10:54 AM

as you see im a day trader...No overnight positions.

 

One factor you have to consider when trading the alsi and its not the US f....

 

and today that factor played for a genuine free short trade...kinda ducks all lined up at opening....

 

Glad you use 1 hour max time frame..I always said with the beast anything longer than an hour you wount really make mone as you will be following the crowd. I use 5 and 15 min.

 

Also agree with fibs...and feel EW is a waste of time here....( alsi that is)..always after the event!!


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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.”


#312 Polly

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Posted 13 February 2019 - 10:49 AM

Hi baywatch and welcome..

 

Nice system...

 

Pity power went off at 8am and i would have warned you about longs todays....well at opening...

 

this is waht i posted in my personal messager group at 8am and 30 sec later power off

 

 

morning guys..

 

never ever held a short for so long..eish...only closed at 9pm for 150p loss..

 

however caught  a short at 48080 cash at 3am....and closed for 150p///so even stevens...

 

have opening with tc down 1% = 47830

 

slight minus factor today...and here i think will be the short alsi trigger after we open if still minus  factor at opening

 

us f still running  dow +100p..

 

thing to note:  SP reclaimed both 204ema and 200sma on daily....thats one bullish signal now...so alsi will could move higher later...good call X....but im day trader so will look to short on any big bounce at opening which will happen .....back to 800

 

bears got npn to deal with and its on their side today...if dual ,listed red may take local shares down with in sympathy...and then npn could go red 2. to 3%....bears owe the bull that!!


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#313 Baywatcher

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Posted 13 February 2019 - 06:52 AM

Futures up

Rising Central Pivot ( from previous day's level)

Price above Pivot and moving averages and EMAs still crossed up

Remaining long on this ( 1 hour) timeframe

Attached Files


Edited by Baywatcher, 13 February 2019 - 06:57 AM.

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"...like the casinos, you will own the game and be a consistent winner..."
Mark Douglas

#314 Baywatcher

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Posted 13 February 2019 - 06:21 AM

Dear fellow traders

On the suggestion of another trader I'd like to start a new thread all about trading the ALSI. Clearly the other ALSI thread has many negative associations for many and seems no longer viable. A change is as good as a holiday they say!! I'd like to encourage good honest open debate where we all contribute generously and learn from each other. I have a relatively simple strategy that I'll be sharing soon. It's not rocket science but increases the balance regularly  which is all I'm after. I don't understand Elliot Wave Theory and only partially "get" Fibonacci Retracements, but am always interested to at least try to keep learning, so I would encourage traders to nail their colors to the mast and post strategies, as simple (like mine) or detailed, as the case may be. Happy trading.


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"...like the casinos, you will own the game and be a consistent winner..."
Mark Douglas





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