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directional forecast
Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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BTAK:Is slowly leaving station It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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bartum wrote:I mean a video on Eliot wave Post the link.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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karasinga wrote:BBK is screaming, buy me!...  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  It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Metasploit wrote:karasinga wrote:Continuing with last week discussion,
Shall we ask the obvious question? If the interest rate cap news releases were all that bad to banking sector, enough so as to "have" the Market Markers(MMs) drive the price down, then what happened to justify the price rise back up >60%(in almost all banks) before the year was even over? Justification? You see, market prices are determined by the MMs, plain and simple. News comes and goes, sometimes a reason for a move one way or the other, but mostly just as opportunity for the MMs to jerk the price around to wipe others out and steal their money.
This is the market. Prices are not based on any sensible or cohesive and intrinsic value. Prices are what the MMs make them. And the MMs make prices change whenever they want, by any degree they want to afford, in order to wipe others out and steal their money. News, releases, etc., well they are most of the time just used for "timing" of some of the MMs moves. Sometimes the MMs will move prices "according" to the news, sometimes not, and often both ways, and even sometimes one of two ways more than once! We are not trading a "free market.
We are trading a price manipulated market. It has always been that way and it always will be because those with the most money run things, and they run things their way! All this being said, we can still profitably trade. It is all in learning how to under these conditions.
I am not used to long posts but this was worth it... Try re-reading it and think about it.
best wishes Great piece..Some guys called informedtraders used to post very nice articles on smart money,market psychology,shakeouts etc but they closed their websites.However,they still have very nice videos on youtube Shakeout, fakeouts, bag holding, supply test, accumulation, distribution etc. Few people realize that fin markets are manipulated. Listening to broker advice  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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hisah wrote:bartum wrote:I mean a video on Eliot wave Post the link. I already downloaded
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Mukiri wrote:karasinga wrote:KEGN:
Missed the small rally and that's fine.
The truth is we will Win some, lose some, miss some. Better to miss a winner than sustain a loss. There is always another trade on the horizon.
IMHO. These guys are distributing now. watching with great interest Thank you @Karasinga... What about this one that seems to have elicited some excitement Kengen please? I wonder which is a better bargain Kengen or Kenya Power Around election time, insurance stocks seem to soar? Happened last election
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Rank: Veteran Joined: 8/11/2010 Posts: 1,011 Location: nairobi
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A demand of 2.6m of kcb at 38.5 as at 1.51pm, what does it mean
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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bartum wrote:A demand of 2.6m of kcb at 38.5 as at 1.51pm, what does it mean A rocket rally! John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Spikes wrote:bartum wrote:A demand of 2.6m of kcb at 38.5 as at 1.51pm, what does it mean A rocket rally! It means the stock bottomed long time ago at 22.50 and that's history "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mlennyma wrote:Spikes wrote:bartum wrote:A demand of 2.6m of kcb at 38.5 as at 1.51pm, what does it mean A rocket rally! It means the stock bottomed long time ago at 22.50 and that's history Yes John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Mukiri wrote:Mukiri wrote:karasinga wrote:KEGN:
Missed the small rally and that's fine.
The truth is we will Win some, lose some, miss some. Better to miss a winner than sustain a loss. There is always another trade on the horizon.
IMHO. These guys are distributing now. watching with great interest Thank you @Karasinga... What about this one that seems to have elicited some excitement Kengen please? I wonder which is a better bargain Kengen or Kenya Power Around election time, insurance stocks seem to soar? Happened last election Hello Mukiri. This was an oversight. My apologies. As you might be aware I try to be very prompt. Hopefully there are no other post unanswered. If any by any chance, don't hesitate to repost. Please note I have my reservation on stocks behaviour during election period and better bargain. time to learn. Fundamental gurus can give their part. Will post my chart later. 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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KEGN: @Mukiri, here we go  Trade what you see and remember disclaimer It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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karasinga wrote:bartum wrote:@karasinga, I wish also you would have done for kcb @bartum and anyone else making requests. It motivates me when I get a response that you got the analysis you requested. I hope you understand this... Back to business. I wont be surprised to see spikes in price  trade what you see You've read my mind here...pushing margins of price. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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CFC:did I just see 70?... It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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karasinga wrote:Mukiri wrote:True @Karasinga. In this game, only a novice won't understand. It's called the pecking order and is almost always everywhere. Best to know where your bread is buttered and not bite the hand that feeds you.
Was asking for a CFC update chart please.. Your take in my humble opinion, here we go. my take  treating current move as wave 1. remember I might be wrong... you know that now trade what you see ... and it came to pass  I alighted this one much too soon. Kudos @Karasinga
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Mukiri wrote:karasinga wrote:Mukiri wrote:True @Karasinga. In this game, only a novice won't understand. It's called the pecking order and is almost always everywhere. Best to know where your bread is buttered and not bite the hand that feeds you.
Was asking for a CFC update chart please.. Your take in my humble opinion, here we go. my take treating current move as wave 1. remember I might be wrong... you know that now trade what you see ... and it came to pass I alighted this one much too soon. Kudos @Karasinga As long as you followed your trading plan. No problem. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Member Joined: 9/12/2009 Posts: 312
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karasinga wrote:CFC:did I just see 70?... @karasinga, Please do one for Carbacid and C.I.C, if you have the time. P.S I'm illiterate when it comes to cartoons, to borrow someone's words here. I will need your help to interpret.
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Wondergirl wrote:karasinga wrote:CFC:did I just see 70?... @karasinga, Please do one for Carbacid and C.I.C, if you have the time. P.S I'm illiterate when it comes to cartoons, to borrow someone's words here. I will need your help to interpret. Hello Wondergirl. Welcome to directional forecast. Here we are learning to live on the right side(not left) of our charts and demystify the statement, "90% of traders/investors in this business are terminal and stock market is here to keep them happy until they're gone." quoting Mark Douglas The left side of our charts are history and is usually 20/20 right. Having said that, I will try to be simple when I post my charts later. Feel free to post and make this home. Best wishes It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:karasinga wrote:bartum wrote:karasinga wrote:SCOM: not happy with what bulls have been able to achieve so far. (MHO as on 25th April 2017 at 2pm) Firstly around 20.5. but can SCOM print 14.5 or lower? time will tell. Where next? Is it 20.50 @mnadii. Could this be an expanded flat in the making? Would like to hear your opinion. Currently on the sidelines due to my technical reasons. Breakout not yet unless bulls achieve a close above 21.25. Momentum dwindling. @ bartum. 22 printed with an exhaustion candle. Currently in learning mode Gap up as 22 printed on vapour volume on market open and down went the price for the day. Tough resistance above 20 handle. Weekly and Monthly still bullish, but daily hinting bears are present above 20 handle. Vol on news day was very low meaning FY is already priced in. Sideways action between 18-20 zone as bears and bulls fight it out to decide who controls the next big move; breakout or breakdown. The market will tell us in coming weeks. Bullish against 16 handle. Break below, bears take control. Will bulls finally overcome this tough supply zone? Several tests between 21 and 22 handle. Mr Market never allows several chances on tough resistance levels to happen unless it's the opposite effect in control (breakout).
My target since last year has been 23 handle after which I'll review the next long term target.
@metaspoilt did you revise your target from last year? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 6/23/2009 Posts: 13,521 Location: nairobi
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karasinga wrote:karasinga wrote:karasinga wrote:NBK.... As it was on 31st march 2017  Trade what you see. obiero wrote:
One should never attempt charts on erratic counters such as NBK.. Chances of loosing your mind are high
he he he. You have made my day. Stick around for there is no special counter in financial markets. "If it is tradable it is analysable"(if this makes sense) @karasinga I told you this one is not analysable.. lost 18% in the last three trading sessions https://www.nse.co.ke/ma...ics/market-snapshot.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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