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Online Share Trading

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potentially very lucrative gap close.....

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Not applicable
quite possible ...setting itself up.....its now 10h15........
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22 REPLIES 22
Electrox
Super Contributor
Chartist, what might be the reason for this potentially very lucrative gap close..?
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Not applicable
Electrolux. Go to investopedia.com and search for gap. This will explain why.
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Not applicable
received some quite rude emails about this...how can I say this when the FTSE is down over 150 pts?...a set up is a set up.....and no I am not on anything and yes I do have a good pshychiatrist...
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Zirk
Frequent Contributor
Agree with you Chartist, tight squeeze on 5min chart, pity can't see volumes
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org
Super Contributor
Yes unless this is a breakaway gap, it will close within the next day or two.for more on gaps, see www.chartist.co.za, Clive Roffeys site.and my favoutrite, rense.com....
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Not applicable
i can see volumes, using bloomberg...
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Zirk
Frequent Contributor
Tks Roman, what code do you use to get ZAR value?
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Not applicable
yes its doing it ....remember to take profit as we go along...now 50% closed....dont try and get the very last little bit out unless it is abundantly clear that we are gonna close .....
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for those that want to see a picture of a ptential gap, email me.
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for those that want to see a picture of a p0tential gap, email me.
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saash
Super Contributor
At what point does it become "abundantly clear"?
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saash
Super Contributor
my guess would be when we exceed the 61.8 retracement?
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ok thats enough...I am going shopping...
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Not applicable
What chart programme are you guys using?
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I got my piece of that too Mr C, 218 points odd.
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Roman...thats great...it was a 1400 point round trip today....incredible...if you cant catch some of that you may as well give up...trick is just going after the meat in the middle...some people made a huge pile of cash today .....and ten lost it back.....this is actually my no 1 problem (which is why I went shopping)....I make my target early in the day with not too much fuss then end of battling with the market to give me more....if I just walked away I would have a better life....
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scandal
Super Contributor
Yep my No1 battle as a trader is that i keep going for more and end up giving most of it back to the market. Discipline, how i wish there was a pill or something for it. 800 points today
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kwagga
Super Contributor
I know some use - ITCharts Light v 2.08, but this product is only available for companies, so unless you have a registered company in your name, don't even bother calling them up.
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