Welcome to the new Khalsaspad › Forums › Traders Talk Forums › Weekly trading discussion threads › Monday 30th September to Friday 4th October 2013
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Khalsa.
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October 1, 2013 at 22:18 #894
Hi Gordon, not drawn back in as such. I do a bit when I remember, just as a hobby. Don’t do it for a living anymore.
Don’t ask me about gold or silver, never follow them, know nothing about them.
Take care and keep taking the tablets. 🙂
October 2, 2013 at 07:20 #897ASX 200 @ Fri 27 Sept 13
The WEEKLY chart shows the (bullish at the time) count described in the May 3rd post as “potentially elevating the target range to 5480 – 5570” … that count saw a multi-year ending diagonal underway from August 2011 (ie. a 5-wave rally).
The May/June sell-off counts well as wave-4, altering the target range to 5315 – 5480 (red horizontals).
The DAILY chart takes a closer look at the potential wave-5 to date; it may have already topped here but could yet complete one more down-up sequence.
Perhaps significantly, at today’s 5314 high, waves 1 and 5 are the same length (differ by just 0.6 of one point).
At today’s high, the rally from 2011 sports actionary sub-waves (ie. 1:3:5) in the ratio 100:185:100.
Confirmation of the larger count is a breach of the wave-4 low, well below at 4632.
October 2, 2013 at 07:28 #898Good Morning all
SPOOS inclined S3H – solid or dashed we await see
Wonder what is “happening with LOCKDOWN” fiasco and jitters rumours etc :S
Good Luck to us all
<span style=”font-size: 13px;”>Ecodata due to hot ships screen today ( time in UK hrs)</span>
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
October 2, 2013 at 07:32 #900..
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You must be logged in to view attached files.October 2, 2013 at 08:19 #907Cheers WND and good to see you here.
You can create a separate topic (thread) for your stuff if you want.
I think that would be most useful my friend.
Let me know and I can move these there.
Plan your trade, trade your plan!
October 2, 2013 at 09:12 #910Hey K, Yes I will set up a seperate thread.
Is there a way to present charts more clearly than as shown above?
BTW not too keen on the green avatar … is there a non-green one that waves?
October 2, 2013 at 09:20 #911Sure WND … The Avatar is doen off site with https://en.gravatar.com/
If you use your email address that you used here with them, that Avatar will be on all futures sites that use the Gravatar system (many sites)
Secondly I kept the charts small to keep them on screen on all screen sizes but then clickable to make them bigger.
If the charts are held off site then you can embed them inline  using the last button on the right in the second row in the post window. If you hover your mouse over it, it says “insert/edit image”
Hope it helps.
All the best
Plan your trade, trade your plan!
October 2, 2013 at 11:13 #922I have started a new page in the menu called faqs.
Please have a look at it as a reference. It shoudl tell you about the features of this site and how to use them.
If there is any question on how to use this site, please ask it on that page
Plan your trade, trade your plan!
October 2, 2013 at 13:26 #924ADP National Employment Report: Private Sector Employment Increased by 166000 Jobs in September
Plan your trade, trade your plan!
October 3, 2013 at 08:02 #980Good Morning all
SPOOS Inclined as S4L – stay Nimble or best fit
<span style=”font-size: 13px;”>NEW Moon Morrow </span>
Ecodata Due to hit our Screens today – time in UK hrs
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
October 3, 2013 at 13:42 #988Thanks zarif.
Not much reaction to the U.S, Weekly Jobless Claims despite not much change from previous figures being expected and initial claims being up a bit.
Initial Claims (000’s) 308K vs. 325K exp. vs. 309K prev.
Continued Claims (mln) 2.925 vs. 2.860 exp. vs. 2.787 prev.My thinking is this might lead to an initial dip when US opens then a rally so placing order to buy at 1684.5 SP cash with initial sl 5 points and tp 6 points.
Please feel free to trade the opposite to me - but whatever take responsibility for yourself and above all DYOR !
October 3, 2013 at 13:48 #989Khalsa, the link to the old pad is obscuring the login button in my browser and I can only view the forum content when logged in. Do you think this might be why some people are not coming to the new site?
Also I cannot see if there is a way to see who else oir at least how many others are reading the forums which we could do on the old pad.
edit: just realised that the bar linking to old pad moves away after a short delay so that the login button is revealed.
Please feel free to trade the opposite to me - but whatever take responsibility for yourself and above all DYOR !
October 3, 2013 at 15:08 #990Indeed Salty and also there is another Login/Register button on the right just above the clock.
I am only keeping the old pad up for now to ensure no one is annoyed with me afterwards for losing any stuff they refer to.
On that note there is a widget on the right had side at the bottom to show how many users are online.
I think I will remove that bar at the top for now and let people ask on the pad if they want it.
Thanks and all the best
Plan your trade, trade your plan!
October 3, 2013 at 17:02 #1002For me, I think this may be about to accelerate 100 points to the down side but I have a big trend line drawn her eon the s&p, the pattern looks like a pennant breaking down but if those pesky politicians strike a deal piiiing 200/20 higher in a flash imho.
SO today I can now stop being like a cat on a tin roof and have just closed ym shorts from the spike on the 18th October…. which what…was just before contract end…how bizarre
and breathe, time to do nothing….which is always so hard !
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You must be logged in to view attached files.October 3, 2013 at 17:06 #1005Excellent Mike.
I have remained bearish last week and this week through all the shenanigans of US Government shutdown.
It remained below my LIS (line in the sand) and now as you say broken down  and broken all my day supports.
I am with you. My target for this run was always a low 166x.x on SPX but I suspect that will break and if it does we could go all the way to circa 1600 SPX
Plan your trade, trade your plan!
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