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Community


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Online Share Trading

Engage and learn about markets and trading online

Alsi Crystal

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Super Contributor
Looks to me like we are laying the ground work of a gap close..
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24 REPLIES 24
Not applicable
Gonna be fast and ugly when it happens so guess we best react quickly to the change.
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John, i was wondering on this one. Today really started to look like a slow day but things are looking a little more action based for the afternoon session
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Super Contributor
why do say its looking more action based?
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Super Contributor
which one - Monday's?
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Super Contributor
no this morning and the one created by all this short covering on the DOW.
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Not applicable
Thats what I am talking about. Good short term action to scalp if you can just time it right. Dont have to be precise but closer the better. Small play today but still worth a buck or two.
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Well I just finished scalping a few shares. Now we wait for the next 30 min...
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Super Contributor
CPS which platform do you use to scalp intra day. I am using Idealcfds and find costs low on Dow & FTSE (2 points each way) however the JSE very pricey at 15 points each way on the TOPI.
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Ideal at the mo but looking into e-trade but some one mentioned a site dx or dm something or the other. Want to check that out as well. Have an account in Uk I use sometimes as well
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Super Contributor
I find the ideal platform as good as anything out there...it is the exact same platform as IG Markets UK. However I find trading the SA markets very expensive when compared to trading the FTSE and Dow. Trading FTSE and Dow allows you to trade from the mid morning to almost midnight if you choose and of course all earnings are converted from $ and £ into rands which is great. I would however like to trade the topi, anyone know of a platform that allows this at reasonable costs. One of the key requirements of scalping by its very nature is low comms and ideal are great on international markets but not local.
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Super Contributor
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Super Contributor
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Super Contributor
1 point either way
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Super Contributor
gapped into the gap. this should be fun.
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Not applicable
Tnx john. could not remember this three letter website ;-)
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Super Contributor
take your pick.. 200pts to either side..
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Even hot air balloon needs to set down some time and a ball will also bounce when it collides with the floor. Gravity ..... problem when the floor aint there no more
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Super Contributor
The last week or so are full of gaps that aren't closing. I don't like it much.
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Super Contributor
So can we put to be the 'gaps always close' story? Maybe 'gaps close much of the time'? Or is the prophecy fulfilled if it closes within a year? Because there are many gaps from Oct last year that are still fantastically unclosed.
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