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TOPI futures

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Super Contributor
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Super Contributor
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Super Contributor
Some numbers coming out of China not so good it seems but our market not too worried loooking at mornings session
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come on man, JBTFD
if support @ 650 didnt hold, then @ 600, if that didnt hold support @ 500, then 400, then 200....in fact any 100pt drop JBTFD
Why short, ever?
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Super Contributor
The divergence in the chart shown in the link has been there since this market started going up....so one could have taken a short position since the beginning of Feb?
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Super Contributor
my point the last time this chart was posted.....is it showing how useless indicators are? cause that is the only thing the chart is showing me, o yes, and we in a clear up trend, my gold fish pointed that out for me....
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Super Contributor
If you look at live price charts long enough,you wish you could trade with just the price on the chart.....
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Not applicable
saying indicators are useless is similar to saying a camera doesnt work because I dont know how to use it. I know quite a couple of people that use indicators successfully, they are never 100% but neither is trend lines, chart patterns, supp&resistance...
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Not applicable
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Super Contributor
the long and short...there is nothing and nobody out here that knows.
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Super Contributor
its like using a flash when there is sufficient light, land up with an over exposed shot, because an indictor is right 1 out of 10 times, doesn't mean u shld use it, that one ma only is much better predictor than all indictors combined...they worst then useless they negative, they counter trend in nature... ie been indicting short? but we still been going higher, so it will eventually be a short and the indictor will be right.... but all that time you been missing the beautiful trend...
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Super Contributor
yep, did all those fancy technical stuff, i am down to about just one moving average now...and trying to lose that too...
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Super Contributor
if you guys want to see how we move in relation to US markets, check out the 4.30pm candles on our chart and the DOW....
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Super Contributor
15 min candle at 4.30 pm
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Super Contributor
My exit on 15 min ALSI at 42500....
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Super Contributor
15 min now looking short.....
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Super Contributor
I am long on SOL, BIL,MSM,SHP
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Super Contributor
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Super Contributor
short at R52 and long at R63
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Super Contributor
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