Frans de Klerk
@TraderFrans
Buy and sell levels of shares at your fingertips. Trading is not about being right it is about doing it right.
the success of trading - watch how the candles get built trade by trade and only by doing that, you can be reasonably successful - the golden rule in this game, is to see if the "candle painters" fools or not ....
Please send your requests through for Thursday's Talking Technical on our YouTube channel. Any listed instrument local or offshore @TraderFrans#trading
for the alsi lovers - 2 ideas, 1 triggered (morning star) and not working, Spasieba Isuus!
also interpreted the candles for client to do a short on impala and exxaro .....
Also opening tiny shorts in Northam Platinum as part of the hedge. PGMs run hard, still have plenty of upside imo, but could cool off a little and wouldn’t hurt being hedged over next week or two imo. Northam too expensive anyway. $SBSW $VALT.L $THS.L remain undervalued.
for the alsi lovers - 3 ideas, all good (lower high and double top), but i skipped the long one (i dont trust the candles on the long side at the moment), Spasieba Isuus!
This should motivate you to subscribe - we highlighted Adcock Ingram as a technical buy on middle May (Newsletter) .......visit fransdeklerk.com for more info on our subscriptions
This should motivate you to subscribe - we highlighted Adcock Ingram as a technical buy on 21 June (Newsletter) .......visit fransdeklerk.com for more info on our subscriptions
And reversal today ...
Trimming $TGA.L Thungela here for 125% gain on margin. Run hard over the past few sessions, marginal play in volatile season; will look to add on pullback.
Technically overcooked .....
Well our all share index above 100k for the first time. Quite an occasion! Rand return for 12m around 27% and usd return over 30%, outperforming the main usa markets strongly. Usa markets return between 13% and 16%. This does not happen often so we must enjoy. Can continue?
for the alsi lovers - hard work, 1 successfull idea (lower high) - but boy oh boy, the market is fuming on momentum ......BUT, Spasieba Isuus!
for the alsi lovers - alsi 1600 points up from yesterday 16h00 - big drivers Naspers and Prosus ....
This should motivate you to subscribe - we highlighted Exxaro as a technical buy on 4 July (Newsletter) .......visit fransdeklerk.com for more info on our subscriptions
for the alsi lovers - 1 bad idea (lower low), but we are happy, AT LAST, the market starts to act more normal, Spasieba Isuus!
for the alsi lovers - 1 idea, not triggered, but 1000 points up from 16h00 - crazy maket, but let us wait, the market will revert back in to a model we know ....patience is key, Spasieba Isuus!
sorry partner, just did the pre record ....maybe next week
Please look at SBCOP (ETN) if you have time.
we need Mkhwanazi as minister - he has a no nonsense approach ....
Six people were gunned down last night at a tavern in Choba informal settlement, Olievenhoutbosch, Pretoria. Armed men stormed in and opened fire on innocent patrons before disappearing into the night like ghosts. There's Firoz Cachalia ..; sitting comfortably, talking nonsense…
Please send your requests through for Thursday's Talking Technical on our YouTube channel. Any listed instrument local or offshore @TraderFrans#trading
for the alsi lovers - 1 idea (the early gap on opening), but that was the quickest stop loss in a loooong time, Spasieba Isuus!
for the alsi lovers - 3 ideas, (lower high, shooting star) worked and lower low (did not work), but 500 point swings in either direction on "thin" volume mess candles around, Spasieba Isuus!
Grindrod - what a massive spike in volume yesterday .....someone sold big, and someone bought big!