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directional forecast
lochaz-index
#1481 Posted : Wednesday, June 21, 2017 1:03:53 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
hisah wrote:
karasinga wrote:
snipermnoma wrote:
@karasinga When you get the chance update the NSE20 chart.

Hello snipermnoma. Welcome back. Where did you vanish to?
As previously stated NSE 20 index bottomed on 30th jan 2017 @ 2,789.64.
Kindly find what is on my chart. I hope nothing is forced to fit

my humble opinion. hope you wont mind snapshot's quality... not the best
Trade what you see

Aligns with my view of FTSE KE NSE15. Looking toppish for now.

It's a tired rally for sure. This where we get to find out whether this was a relief rally/bull trap or an actual change of trend with real bull firepower. My reading is that the upswing however strong won't have time on its side. Its shelf life is limited to 6-9 months at best to work itself up. However, if we crash to below 3000 in this downleg that will be a sucker punch for any potential bullish run.
The main purpose of the stock market is to make fools of as many people as possible.
Mkondoa Macho
#1482 Posted : Wednesday, June 21, 2017 1:20:55 PM
Rank: New-farer

Joined: 2/7/2016
Posts: 79
Location: Home
Hello technical analysts. Please advise me on what the charts say about Total Kenya. I dont know how to read charts well and I want to make an investment. Also, is the share liquid enough to guarantee easy disposal and purchase. TIA
karasinga
#1483 Posted : Wednesday, June 21, 2017 4:46:17 PM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
Mkondoa Macho wrote:
Hello technical analysts. Please advise me on what the charts say about Total Kenya. I dont know how to read charts well and I want to make an investment. Also, is the share liquid enough to guarantee easy disposal and purchase. TIA

Hello Mkondoa Macho and welcome to directional forecast. Here we are learning to be trader contrary to what you are looking for(investor). I humbly request you to consider visiting your financial adviser because stock market is inherently risky. Could be somethings to think about?
1. Which instruments are you going to trade(in your case Total)
2. Why do you want to invest in Total?
3. Have you studied the instrument you wish to trade? (know its typical trading ranges(6 months, 1 year and so on) and patterns and behaviors)
4. Does Total have adequate volume to provide smooth in-out liquidity?
5. What will determine your entry and exit as an investor?
This list might contain the least items to be considered but I know fundamental gurus will surely help you. Do your due diligence though because you can easily loss all your hard earned money here than you think.
Best wishes
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
hisah
#1484 Posted : Wednesday, June 21, 2017 4:46:56 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
lochaz-index wrote:
hisah wrote:
karasinga wrote:
snipermnoma wrote:
@karasinga When you get the chance update the NSE20 chart.

Hello snipermnoma. Welcome back. Where did you vanish to?
As previously stated NSE 20 index bottomed on 30th jan 2017 @ 2,789.64.
Kindly find what is on my chart. I hope nothing is forced to fit

my humble opinion. hope you wont mind snapshot's quality... not the best
Trade what you see

Aligns with my view of FTSE KE NSE15. Looking toppish for now.

It's a tired rally for sure. This where we get to find out whether this was a relief rally/bull trap or an actual change of trend with real bull firepower. My reading is that the upswing however strong won't have time on its side. Its shelf life is limited to 6-9 months at best to work itself up. However, if we crash to below 3000 in this downleg that will be a sucker punch for any potential bullish run.

Below 3000 will be a bad outcome!
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Liv
#1485 Posted : Wednesday, June 21, 2017 11:15:49 PM
Rank: Veteran

Joined: 11/14/2006
Posts: 1,311
hisah wrote:
lochaz-index wrote:
hisah wrote:
karasinga wrote:
snipermnoma wrote:
@karasinga When you get the chance update the NSE20 chart.

Hello snipermnoma. Welcome back. Where did you vanish to?
As previously stated NSE 20 index bottomed on 30th jan 2017 @ 2,789.64.
Kindly find what is on my chart. I hope nothing is forced to fit

my humble opinion. hope you wont mind snapshot's quality... not the best
Trade what you see

Aligns with my view of FTSE KE NSE15. Looking toppish for now.

It's a tired rally for sure. This where we get to find out whether this was a relief rally/bull trap or an actual change of trend with real bull firepower. My reading is that the upswing however strong won't have time on its side. Its shelf life is limited to 6-9 months at best to work itself up. However, if we crash to below 3000 in this downleg that will be a sucker punch for any potential bullish run.

Below 3000 will be a bad outcome!


My view is that since the interest rates are still relatively low, investors will continue packing their money in the NSE. I expect the index to hit circa 4000 before any significant downswing.
karasinga
#1486 Posted : Thursday, June 22, 2017 5:41:24 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
karasinga wrote:
CARB

trade what you see

2,230,900 shares exchanged hands on 21st june. Does this sound like "buy me now..."smile This kind of interest was last seen exactly 1 year ago. Disclaimer
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#1487 Posted : Thursday, June 22, 2017 8:56:24 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
Mukiri wrote:
karasinga wrote:
BBK:

Trade what you see

Not much but can atleast buy a father's gift. I'm in the shopping queue

On the flip side, here is the alternative wave count. be aware of High confluence between 10.6 AND 10.3

better be safe than sorry. Trade what you see. Disclaimer
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
snipermnoma
#1488 Posted : Thursday, June 22, 2017 3:48:43 PM
Rank: Member

Joined: 1/3/2014
Posts: 257
karasinga wrote:
snipermnoma wrote:
@karasinga keep up the good work.

Reminds me of these quotes from Mark Douglas:

"You must learn to trust your edge. The edge means there is a higher probability of one outcome than another out of 100 trades. The greater your confidence, the easier it will be to execute your trades"

"Learning how to identify an opportunity to buy or sell does not mean that you have learned to think like a trader . The defining characteristic that separates the consistent winners from everyone else is this: The winners have attained a mind-set a unique set of attitudes that allows them to remain disciplined, focused, and, above all, confident in spite of the adverse conditions."

"Every moment in the market is unique"

Therefore one must have and follow their trading plan.

You are most welcome. Well said mate. I love that guy. Quoting someone "bado niko nursery" ya stock market. Showing what is possible for a retailer trader. I saw wazua rank veteran the other day????? I wondered what are their basis? quality or number of the posts? Anyway, Stick to your trading plan if you have one.
Trust me, it works.
best wishes


Mimi niko baby class. sticking to the trading plan is what I am training myself to do. We make money sitting not trading. One of the major reasons why traders lose money is because they keep their loss trades too long and close profitable trades too early.

I do not know about ranks but now that you ask I searched and found this: http://www.wazua.com/for...spx?g=posts&t=23860 Still not very clear but check it out.
karasinga
#1489 Posted : Friday, June 23, 2017 6:23:32 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
karasinga wrote:
KEGN:

Left without me but not again. Trade what you see

I think we are done here. I expect a deep complex correction(mostly a flat pattern for Elliot lovers or a bullish Gartely for harmonic lovers) to around 5.8. Will be interesting to watch how PA interacts with 6.5. learning continues. disclaimer
best wishes.
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
karasinga
#1490 Posted : Friday, June 23, 2017 7:17:55 AM
Rank: Veteran

Joined: 2/26/2015
Posts: 1,147
snipermnoma wrote:
karasinga wrote:
snipermnoma wrote:
@karasinga keep up the good work.

Reminds me of these quotes from Mark Douglas:

"You must learn to trust your edge. The edge means there is a higher probability of one outcome than another out of 100 trades. The greater your confidence, the easier it will be to execute your trades"

"Learning how to identify an opportunity to buy or sell does not mean that you have learned to think like a trader . The defining characteristic that separates the consistent winners from everyone else is this: The winners have attained a mind-set a unique set of attitudes that allows them to remain disciplined, focused, and, above all, confident in spite of the adverse conditions."

"Every moment in the market is unique"

Therefore one must have and follow their trading plan.

You are most welcome. Well said mate. I love that guy. Quoting someone "bado niko nursery" ya stock market. Showing what is possible for a retailer trader. I saw wazua rank veteran the other day????? I wondered what are their basis? quality or number of the posts? Anyway, Stick to your trading plan if you have one.
Trust me, it works.
best wishes


Mimi niko baby class. sticking to the trading plan is what I am training myself to do. We make money sitting not trading. One of the major reasons why traders lose money is because they keep their loss trades too long and close profitable trades too early.

I do not know about ranks but now that you ask I searched and found this: http://www.wazua.com/for...spx?g=posts&t=23860 Still not very clear but check it out.

I cant agree with you more. Trading is one word, E-X-E-C-U-T-I-O-N... Learn to flawlessly execute your trading system and you will be home. And never ever give up. Best wishes
It's not over until I win
skype id: karasinga. email: kkarasinga@gmail.com
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