RossLarter

RossLarter Updated 

JSE:DSY has broken out of a symmetrical triangle in conjunction with a break out of a descending resistance line. There is also a fractal that has formed on the top of the candle of the 30th of May. If it breaks through this level of the fractal, I will consider a long position.

RossLarter

JSE:CLS has formed a bearish harami which is a reversal signal. The last harami didnt play out, so I will wait for a confirmation before possibly entering on Monday.

RossLarter Updated 

JSE:AMS has broken through an ascending support line and formed a bearish harami pattern. We will be looking at a short position, but be aware of the support level around 73000 as it might stall there for a while before finding direction again.

RossLarter

JSE:BVT has broken through an ascending support level and is looking good for a short position once it breaks through the fractal level of 5th of June.

RossLarter

After a successful long position, OANDA:US30USD has broken through the ascending support line and is looking like it might continue downwards for a while.

RossLarter Updated 

S&P 500 is showing a signal that is very similar to my other idea published about the US30. It has broken through a descending resistance line and is looking good for a long position.

RossLarter Updated 

OANDA:US30USD has broken out through a descending resistance line which could be a possible sign for a long position. We are looking to reach a target at around 26400, but bear in mind that it might also find some resistance around the 26000 level as it has struggled there in the past.

RossLarter Updated 

JSE:CLS has formed a bearish harami and is looking good for a downward move.

RossLarter

JSE:VOD has broken through the top of a sideways channel that it has been trading in since the 24th of Jan. It has broken out and confirmed the upward move by closing out of the channel twice. There is also a gap that will most likely close. Just beware that it might find some resistance at gap close.

RossLarter

JSE:CPI formed a piercing line pattern with Friday's close which is a bottom reversal signal. After a preceding downtrend, the green candle opens below the previous day's close and above the middle point of the red real body. It is a bottom reversal signal, but the candles MUST be different colours.

RossLarter

JSE:TBS broke through a descending resistance line on the 30th of May and has gone sideways for the last week. it looks as if it will be proceeding upwards, but I will wait to enter when it breaks through the last fractal.

RossLarter

JSE:SHP is showing a piercing line pattern which is a bottom reversal signal. If it continues up, I will enter a long position.

RossLarter Updated 

JSE:SHP is showing all of the signs for a long position on our trend following momentum strategy. It would have been better to catch this a bit earlier, but it still has a bit of room to move until it hits the previous resistance.

RossLarter

JSE:RDF has formed a dak cloud cover which is a top reversal signal, so we can anticipate a downward move. Bear in mind that there is also a tempting gap to fill above the current price, so if it goes up, I will enter long at the fractal from 3 June.

RossLarter

JSE:RMH broke through a descending resistance a couple of days ago and is also has triggered all of the criteria for a long on the trend following momentum strategy. We can anticipate a bit more of an upward move before reaching the resistance level.

RossLarter

All of the criteria have been met for a long on JSE:AMS on our Momentum Strategy. The EMA's have crossed, The Stochastic has crossed up along with the MACD.

RossLarter Updated 

JSE:AMS has broken out of a descending triangle pattern as well as breaching through a downward fractal. I have entered a short position with a target around the 55500 level.

RossLarter Updated 

The exponential moving averages have crossed upwards, the stochastic has made an upward turn and MACD is also on the up. These are all signs to go long as the momentum is moving upwards.