Wazua
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directional forecast
Rank: Member Joined: 1/3/2014 Posts: 257
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karasinga wrote:THOUGHT OF THE DAY:
"Why are emotional pain and financial disaster common among traders? The simple answer is that most of us weren't fortunate enough to start our trading careers with the proper guidance." Mark Douglas
best wishes Love this quote...story of my life as a trader
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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karasinga wrote:hisah wrote:karasinga wrote:hisah wrote:karasinga wrote:karasinga wrote:NMG UPDATE. I think prior analysis still stands. Timing will be critical to avoid a painful situation.  hope this helps baby steps... okay...... looks like this might be a good year GFC lows here we are... 
Is there such a term like oversold on oversold 
he he hee. could be extremely oversold. feel like mortgaging the house or sell the farm . do your due diligence. After testing the low at 72 last week with a VWAP of 79.50 the price has reacted. If VWAP closes at the current price of 82 this will be the second positive reaction in the 14 week interval of losses!!! Excessively oversold. This has to reset. Hi hisah. I agree with you on retest.(what I call confirmation) A close >93 will be important. my notes on the chart  best wishes Getting ready for the reversal...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 11/13/2015 Posts: 1,597
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THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play?
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success!$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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hisah wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success! Choose your battles/ engagements wisely. Always remember, history ringers in the back sight of your enemy, and a future to look too despite the present. ,Behold, a sower went forth to sow;....
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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This will remain our quote of the day muandiwambeu wrote:hisah wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success! Choose your battles/ engagements wisely. Always remember, history ringers in the back sight of your enemy, and a future to look too despite the present. best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Metch wrote:
@Karasinga, kindly share cartoon for defiant CABL as well. Thanks
CABL update. generally bearish although at exhaustion points. waiting for price to speak to me  hope this helps. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 6/23/2009 Posts: 13,568 Location: nairobi
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wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? Lovely words.. Ready to play since 2006
COOP 70,000 ABP 15.20; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? For every line I read above I see a big revelation about the truth on the battlefield aka NSE.....This is a-must-read for every Wazuan. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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hisah wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? That's why many get wiped out for they don't understand that the market is about survival first then success! Defense > offense. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Member Joined: 8/15/2015 Posts: 817
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there's no better time to buy stocks that are declining because of other reasons other than company performance. even nse chief thinks so. http://www.businessdaily...94682-tqugxxz/index.html
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Rank: Veteran Joined: 8/28/2015 Posts: 1,247
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obiero wrote:wukan wrote: THOUGHT OF THE DAY Quote: welcome to the hardest game in the world.
Unfortunately, you're playing with some of the sharpest, fastest, most intelligent,
well-informed, stubbornly irrational and in many cases, unethical minds in the world.
You're up against the computer that can react faster than you.
The trader who has more experience than you.
The fund that has more money than you.
The insider that has more information than you.
The others that will misinform you.
The inner voice that will do its best to undo you.
So, leave all your dreams of making quick and easy money, behind.
The first aim is survival.
Your absolute first goal is to learn how to stay in the game.
You can only do this by mapping the territory.
By understanding how the enemy thinks and acts.
By having a solid game plan.
And by picking your battles very, very carefully.
Ready to play? Lovely words.. Ready to play since 2006 @obiero, how I wish u reread this. Its not a love affair gone sour. Its the coldness of the reality, everyone needs you dead enough and could to to regret you ever missed coldness. Pelekea love bintiyako na bibi yako kama wako. this is not a hot desert, its a cold dry desert for your super. Enjoy. ,Behold, a sower went forth to sow;....
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Rank: Member Joined: 12/22/2015 Posts: 224 Location: Mombasa, Kenya
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karasinga wrote:Metch wrote:
@Karasinga, kindly share cartoon for defiant CABL as well. Thanks
CABL update. generally bearish although at exhaustion points. waiting for price to speak to me hope this helps. Thanks Boss. Expecting FY results this month. price will definitely speak. Or has it spoken... Start!
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Rank: Chief Joined: 1/3/2007 Posts: 18,136 Location: Nairobi
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[quote=Cornelius Vanderbilt]there's no better time to buy stocks that are declining because of other reasons other than company performance. even nse chief thinks so. http://www.businessdaily...4682-tqugxxz/index.html[/quote] He would say so even when the market was peaking. He makes money up or down as long as folks trade. A market that CLIMBS without many trades isn't for him either. He doesn't care if the market trends down BUT folks are trading... that's OK by him. What hurts him is the dearth of trades. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:karasinga wrote:hisah wrote:hisah wrote:karasinga wrote:karasinga wrote:karasinga wrote:karasinga wrote:muandiwambeu wrote:
Well done so far @karas. Mind a review ofwhat is eabl, britam and SAfcom doing of late?
welcome muandiwambeu. I don't mind. Will post the reviews. In my humble opinion, do not engage SCOM unless price is between 17.5 and 18. More details to follow. In the meantime check page 17 post 322. feel free to post. cheers mate. SCOM UPDATE:  Almost there...  let the market come to us update. two expectation already met. waiting patiently for the last one...  Potential last small downward wave. expecting fireworks on the volume data box  baby steps.... prepare your soldiers to buy value. Our target still valid but do you due diligence. I wont be surprised if I see spikes of volume or price or both(as from today 5th January 2017). cheers mates Watching the price action intraday. Wide demand spread between 17.10 and 18.70. The market is giving a nice signal while testing for supply... 25M shares traded today. 9.52M bid at 18.50 checks in as trading session comes to a close. Foreigners on the bid side. This might be the first new year's gift. More to follow. Actually +28M VOLUME traded by close of business. Squinting at 18 and power of pivot.  @ hisah.a quick newbie like question. how do you tell foreigners are on the bid side? DISCLAIMER
This analysis is designed to inform you on the counter direction. It is not a recommendation to buy or sell but rather a guideline to interpret the market. The information presented should only be used by investors who are aware of the risk inherent in trading. I shall have no liability for any investment decision based on the use of this analysis so... this is how giants bottom out.... slowly but for sure. check power of pivots... best wishes creeping up  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Metch wrote:karasinga wrote:Metch wrote:
@Karasinga, kindly share cartoon for defiant CABL as well. Thanks
CABL update. generally bearish although at exhaustion points. waiting for price to speak to me hope this helps. Thanks Boss. Expecting FY results this month. price will definitely speak. Or has it spoken... you are welcome Boss. some moves evident today (1st feb). currently sitting on my itchy fingers. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:obiero wrote:@karasinga kindly share the eabl cartoon Hello guys. This is my opinion on the matter at hand. EABL has the potential to retrace although for a short term. Feel free to criticize/comment and help us see market better.Kindly check my chart.  hope this helps Note: remember disclaimer. best wishes like I said in another thread, this is possible with good money management. will be watching PA between 265 and 275. @obiero. I hope this was helpful. best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:THOUGHT OF THE DAY:
Sun Tzu said,
"He that knows himself and knows his enemy will be victorious.
He that knows himself but not his enemy will be defeated for every battle he wins
He than knows not himself nor his enemy will succumb in every battle."
best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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THOUGHT OF THE DAY:If you are unable to trade without the slightest bit of emotional discomfort (specifically, fear), then you have not learned how to accept the risks inherent in trading. This is a big problem, because to whatever degree you haven't accepted the risk, is the same degree to which you will avoid the risk. Trying to avoid something that is unavoidable will have disastrous effects on your ability to trade successfully. best wishes. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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on my watch list this month. (not in any order) 1. DTB 2. HFCK 3. EQT 4. KEGN. 5. NMG will update this list as soon as information is available. best wishes. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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