Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Short the rallies

Reply
Not applicable
Chartist's strategy of shorting the rallies has been working brilliantly. Next short is around the 400 -430 level. Target would be new low (i.e. beyond 29500). Remember your TA 101....lower highs and lower lows. Dont forget our last short was rewarded with 900 points!
0 Kudos
4 REPLIES 4
Highlighted
Super Contributor
Sorry Riaan bought the dip its up 800 two sides to this coin.
0 Kudos
Not applicable
Quite right venice and well done...however the big dippers were saying buy the dips at 30400...this is what I am referring to....as you know I also went long when we got above 750 again...the risk reward is very much in shorts favour now though.
0 Kudos
Super Contributor
Just admit you're Mark. Makes it much easier to converse as you change accounts :)
0 Kudos
Not applicable
Hey Mark called Riaan1.I see a ending diagonal on sp500 with 5 of wave 3 nearly complete.Your call for alsi 30400 seems spot on.What do u think alsi trader/real chartist/ninja.
0 Kudos