Let's talk OneSense.

[#1]

Here's my Hillbilly Trader Rule No.1 for the ALSI....uh...if price was at 27 000 yesterday and bounced,and I want to go Short again....uh....I need a 1000 pts above 27 000(Buffer-Pie).... and Mama will be proud,"Thazzz ma Boy !!".So...bootstraps tied at Short-plan 27950.What say you....fellow statistics on a Govt chart ? Keep on Swingin..

[FEK]

What's the charts saying on Anglo today ? has the signal changed to buy ?

[#3]

FEK: AGL is at a Schizo place.As at.Personally,CASH is best.Risk-profile too high to decide which way it will go.As for AGL chart,.The Head-and-Shoulders Price Objective is R236 as Support.So...if R300 breaks down on a Close...you'll hear that sucking sound.Remember,Cash is also a Position.

[#4]

It be WodensDay 22 June.Do we Short "Hee-Haw" at 28100 ?....let's see if my favourite Piglet's tail points the way.>> "ELMER ! ! get that pink butt over here !"

[#5]

Elmer chomps,winks,shows me his sordid fantasies(which I ignore as Market noise)...and here comes the strategy>> "Sell into ALSI Strength.Start at 27950,28100..and wait."...uh OK.

[richardw]

It it a most happy occurrence. Sold my long on the bounce and am hiding until I hear more news.

[#7]

Its short all the way, dont think we see that levels soon..look at volume on futures contract..tells alot

[#8]

Yes, fellow demented trader-types and as we see the Zig-Zag,Peek-a-Boo of the ALSI as at......we wait.Nice little 780pt bounce there.But I shall obey my Hillbilly 1000-pt Rule.Coz I'm stupid and it's a simple life in Laptop Arkansas....and I love Elmer.

[sponono]

that was just a Phew! moment. i used it to stock up on my CFRs.

[#10]

Why 1000 points?.Please explain 'jy spreek in tale'??

[#11]

christos: I call it the Point of Control,where Price ranges/oscillates until it adjusts via a new trend or continuation of trend.So...27000 is the bottom,28000 is the middle and 29 000 is the top.Simple stuff.Of course,I take into account my Weekly charts,P&F signals....etc(from the personal toolbox).Right now,the PRICE can go to 28500 max before it taps the weekly TOPI at Overbought Side of Operating Downchannel.The point of Control is my place where I go SHORT(in this case) at say 28 050.If I'm wrong I will have a better than even chance of Stopping myself Out.Why? Because PRICE will revisit at least one more time at 28 000.Has worked thus far for me...as a Swing-trader.Last 4 Contracts I shorted at 28800 on 19-20May and covered recently at 27 000...it took 1 month to complete the trade.It all depends on the market and its moves.Coz the previous 2 Contracts.(it was all over in 2 days.).Anyway it's Thursday....I'm 2 short at 28050.

[#12]

Thanks for explenation.Keep on posting.Good luck.

[#13]

Dudes...it's looking creepy out there.Perhaps time to look at where SUPPORT is going to be.That 50% Fib-retrace from the bottom in Sep2010 is at 26575 ( or somewhere close.)...Many ?-marks running around my Cranium as at.= stay in CASH coz that red Flag's UP and Elmer's Tail is FlatLining.Ever been in the bush with a wild Pig nearby ? Heard a hunter's story once.Conclusion:Careful now....heh.

[#14]

I see a big bull run coming this afternoon-Believe it or not.Gap close and more.Futsi and sp500 breaking out of falling wedges for wave c down soon.O.K i now some of the forum members only giving a falling wedge 20% chance.Will proof them wrong.

[#15]

Alsi in the final leg down in falling wedge.I will wait for a strong reversal candle 27150 to 27180 before considering a long.

[Rams]

but Christos,the wedge pattern is just a complex correction, so when the break happens, it means the correction is over...this wedge you see now is a triple correction on daily,and you right, a breakout now will signal a stronger and more prolonged bull phase than the correction.

[sponono]

Sitting in cash and watching 27,000.

[#18]

S&P levels to watch is the 1256 and 1249 level, it that goes its going to be nasty!there is no data showing we are in for a leg up..news from the fed greece ect..just trade the trend,Im still short 600point in profit from yesterday and will continue to hold my position until we have a moving event or technicals tells me to go long..

[fusion12321]

christos a good trading system will be to do exactly opposite of you. do u play lotto or gamble ??

[#20]

just to add to previous post S&P 200ma at 1262 also key level