RossLarter

RossLarter

Our momentum strategy indicators are all indicating a potential downward move on the TOP40 CFD. If this momentum continues, the trade will possibly be triggered tomorrow and we are looking at a target just below the 70000 level.

RossLarter

A long position has been triggered on USDZAR this morning, with the move so far. We placed the order because of the break and close above the descending resistance level that has been intact since 5 August. Looking to reach the target at the resistance level of 18.46900

RossLarter

The price of GBPUSD has broken through and closed below an ascending support line that it has been adhering to since early August. The stochastic and MACD are also showing signs that we should expect a downward move.

RossLarter

A short position has been triggered on JSE:MTN after it broke through an upward trend line, effectively reversing the trend. This is coupled with signals for a downward move on the stochastic and the MACD. We are looking to reach a target at the R82 level.

RossLarter

A short was triggered yesterday on the EURUSD. The order was placed based on the break and close below the 7 candle support line that we drew. The stochastic and MACD are also confirming this downward move

RossLarter

The price on HK50 has broken through the top of an ascending triangle. This is generally a bullish signal so an order to go long has been placed.

RossLarter

Both a long and a short order have been placed on AUDCAD based on the potential breach of the fractals from the 20th and the 22nd of Aug.

RossLarter

JSE:GFI is plummeting at the moment. Based off of the break through the 5 candle support and the momentum indicators, it should continue downwards. If you placed a stop order you would have been entered into the trade with the opening of this morning. If you had placed a limit order, it would have missed your entry. Just with today's movement so far, it has...

RossLarter

We have entered a long position on JSE:CFR based on our momentum strategy indicators. All three indicators crossed last week, but it took a while for our order to be filled. With yesterday's action the long position was triggered and we are hoping for a continuation of this momentum right up to our target just above the 3000 level.

RossLarter

A long position has been triggered on JSE:APN with today's price action so far. We placed the order based on the break of the descending resistance line of the previous 7 candles. The stochastic is also showing upward momentum. We are aiming for a target at around the 257 level.

RossLarter

A long position has been entered on JSE:AMS base on the doji candle that formed on 8 Aug. In conjunction to this, it has broken through a descending resistance line that formed over the previous 8 candles. Along with that, the MACD, Stochastic and EMA's are all now showing upward momentum. We are aiming for a target at around the 750 level and a stop loss at around 650

RossLarter

JSE:ABG has triggered a short position based on downward momentum shown by the EMAs, stochastic and MACD. Along with this, the neckline of a ascending head and shoulders pattern has been broken with its target down at around the 111.50 level. We will monitor it as it goes down to see if it will reach this level.

RossLarter

A short position has been triggered on JSE:AMS with today's strong downward momentum. If all goes according to plan, we are looking at a target down at the 495 level.

RossLarter

JSE:BID is showing signs that a downward move may be coming up. According to end of day momentum strategy, the MACD, stochastic and EMA's are all signaling a short position. If this downward momentum continues, our order will be triggered and we will be aiming for the target down at the 384 level.

RossLarter

JSE:GLN has shown multiple reasons to enter a long position. Firstly, the EMA's, stochastic and MACD are all signaling an upward move, the fractal from the 7th of May has been breached and it has broken through a descending resistance line plotted on the chart. Today, our order to go long was triggered. We are looking to reach the target at around the 125 level.

RossLarter

JSE:BTI has been trading within a symmetrical triangle pattern and with Friday's price action it broke out the top of the pattern. This is generally a signal for an upwards move. It hasn't quite triggered the order yet, but the momentum is looking good for it to trigger. Once in the trade, we are looking at a target at around the R606 level which coincides nicely...

RossLarter

JSE:ABG is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.

RossLarter

JSE:OMU is going long based on our momentum strategy. All 3 indicators (stochastic, MACD and EMA's) are showing upward momentum.