KAZ

Great call Red Chilly. Very impressive.

Weekly chart of Kaz link below.
uk.advfn.com/p.php?pid=chartscreenshotsh...8I%3D&symbol=L%5EKAZ

Libero, i was thinking of taking at least some profits here, but i've got a feeling this could at least test the main down trendline. So i'am going to hold tight for now.

Good luck and have a good week folks.
Regs,
Trendfriend.

Damn it! I thought all three got filled!

I was singing your praises in the chat-room earlier! I was thinking of inviting myself to your Yacht party on the back of your KAZ trade!

Terrific call none-the-less RC.

I'm thinking of winding down some positions (in KAZ and other commodity plays - and gold!), to bank some cash; will let the rest run as I believe that EM devaluation in commodity exporting nations will help and this will show in the charts soon enough.

Gutted only one order got filled yesterday @ 179.5!!

I have 3 orders to open for monday morning for a long position @ 179.5, 180.5 and 181.5

SL for all of them is below 172.5

If order gets filled - entry will be based on 4H chart


higher time frame - daily

GGOK,

I use ProRealTime (EOD) for P&F charting. It is free and seems to work pretty well.

cheers,

SB.

Hi remo
Point and figure is a good idea.
I looked for freebie on web, but can't find one! So definitely help if anyone still uses updata and can show us targets. They use to do great P and F charts.

We need some sort of basing pattern around this 170 mark. I am surprised there are any sellers left!

Trouble is I think the market is in primary wave 4 down and primary 3 has ended. So if that is the case, then shares across the board are vulnerable for more set backs for a few weeks. Waiting for 15704 to be taken out to confirm primary 4.

Thanks.
G