Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Stand by...Jobs report....20 min

Reply
Not applicable
John ...esp for you...dont get caught again....go flat (with your face to the ground the way u like it)...this will be a market moving event...which way?...no one bloody knows...just remember the 1.2.3...
0 Kudos
35 REPLIES 35
Electrox
Super Contributor
Chartist the 1.2.3..? 123 reversal?
0 Kudos
Not applicable
no....the first move is the false move...the second move is the move in the wrong direction....the third move is the move you trade...gotta be nimble gotta be quick can happen in seconds...
0 Kudos
Not applicable
oh and whatever you do dont try and be smart and listen to Bloomberg or worse CNBC....you will see your a r s e
0 Kudos
_nova
Super Contributor
that's for sure. FX market has now priced -200k at 1.2780 on EURUSD. Whatever wre get, we're going to whipsaw all over the place likely
0 Kudos
_nova
Super Contributor
-240k, ugly but more or less the whisper number
0 Kudos
MichaelR
Regular Contributor
0 Kudos
asylum
Super Contributor
Hi Chartist so what time frame is the best for this 123 move?
0 Kudos
_nova
Super Contributor
FX market taking this in it's stride, hardly a blip so bourses should also stay steady
0 Kudos
Electrox
Super Contributor
Thx chartist. Could you also show this in one of your screencasts?
0 Kudos
Not applicable
This was all price in 200 240 every one espected it to be high the real trade will be on the dow tonight hour to a hour and a half before close
0 Kudos
john_1
Super Contributor
thanks chartist..I am on it
0 Kudos
Electrox
Super Contributor
It would be interesting to see what the 1,2,3 moves look like and how to spot them.
0 Kudos
asylum
Super Contributor
so nada move would also like to see how to spot them.
0 Kudos
timba
Frequent Contributor
0 Kudos
Not applicable
Asylum, have a look at yesterday rated on the FSTE and the one on the dow last week spike down - spike up - spike down 3 step trade
0 Kudos
Wizard
Super Contributor
The last 2 days we got back to the 61.8% for the rally of 27-OCT to 4 Nov. It's time for the market to start moving up again
0 Kudos
Russ
Super Contributor
0 Kudos
john_1
Super Contributor
why are people buying this market the dow is making new lows?
0 Kudos
asylum
Super Contributor
ja thanks just look at Chartists video and thanks once again for these videos, you make it look and sound so easy but i suppose keep it simple keeps you in the money.
0 Kudos