tag:blogger.com,1999:blog-7548700517034117517.post7416798150742176280..comments2024-02-13T13:39:06.661+02:00Comments on Alsi Trader: EURZAR and USDZAR daily chartsAlsi Traderhttp://www.blogger.com/profile/11814730795401328600noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7548700517034117517.post-57429086102938950002010-03-19T11:03:06.972+02:002010-03-19T11:03:06.972+02:00Hi Anonynmus,
I left my long position on MAR10 to...Hi Anonynmus,<br /><br />I left my long position on MAR10 to be closed out and I’ve entered JUN10 around 26090. That was forced trade because of close out, so I had to switch from March to June.<br /><br />I am not sure how long I am going to hold this trade. Till short signal is given I guess. Stop loss is not determined yet and will see look for it at next bounce. Please note that this system is based on 30 min ALSI chart following Dow Theory, so I let market to give me my stop-losses (which actually trigger trade in opposite direction).<br /><br />Hope this helps.Alsi Traderhttps://www.blogger.com/profile/11814730795401328600noreply@blogger.comtag:blogger.com,1999:blog-7548700517034117517.post-90623727113537290402010-03-19T10:49:54.675+02:002010-03-19T10:49:54.675+02:00That's correct.
Thank you Forty Niner.
Strong...That's correct.<br />Thank you Forty Niner.<br /><br />Strong Rand can influence our resources. I watch market as the whole and I don't split between RESI and FIN.Alsi Traderhttps://www.blogger.com/profile/11814730795401328600noreply@blogger.comtag:blogger.com,1999:blog-7548700517034117517.post-33747850479169121162010-03-19T10:49:29.369+02:002010-03-19T10:49:29.369+02:00Hi Igor,
You mentioned that you went long on ALSi...Hi Igor,<br /><br />You mentioned that you went long on ALSi June yesterday - What levels was that at and what levels do you normally place your stops. One more thing, how long will you hold this position for?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7548700517034117517.post-41160635975106404062010-03-19T10:42:50.282+02:002010-03-19T10:42:50.282+02:00Thank you very much Anonymous.Thank you very much Anonymous.Alsi Traderhttps://www.blogger.com/profile/11814730795401328600noreply@blogger.comtag:blogger.com,1999:blog-7548700517034117517.post-56276090110476138072010-03-19T10:09:43.366+02:002010-03-19T10:09:43.366+02:00Won't a stronger rand weaken our resource stoc...Won't a stronger rand weaken our resource stocks ?? One would thn possibly focus on Financials and Retailers....<br /><br />CheersForty Ninerhttps://www.blogger.com/profile/03020678866036069098noreply@blogger.comtag:blogger.com,1999:blog-7548700517034117517.post-17823685318058659662010-03-19T08:48:51.710+02:002010-03-19T08:48:51.710+02:00Very interesting charts and very interesting comme...Very interesting charts and very interesting comment there.<br /><br />Thank youAnonymousnoreply@blogger.com