Wednesday 9 September 2015

Testimonials: What my dear readers have to say about Just a lil Trading Note and Trading Tips!

Here's what our loyal members have to say about:

 
“Speaker clearly knows what he is talking about. He kept the attention of everyone. Presenter very energetic and kept attention. ” – Corrie Bezuidenhout

“Very informative and well presented” – Roy Draper

“Information was valuable and gave one insight on Forex trading” - Mkhusele

“It is one of the best as I have attended few others” – Alpheus Matuie

“Very interesting and educational” – Carrel Hanoke

“He is very knowledgeable about his trade and can transfer his knowledge.” – Jan Ehlers

“Eye opener about Forex market. I think I can place a trade now” – Protas Phili

“Simple explanations for a difficult field” – Koos Visser

“The speaker is very knowledgeable on various topics covered, Esp referring from personal experiences” – Sello Pitso

“Good voice and knowledge of Forex.” – Daan Swanepoel

“He is an excellent speaker. Food – excellent.” – Dirk De Klerk

“Timon is very confident with presenting and the event was very informative. I can start trading now” - Abdulaziz

“It was worth the time, friendly and easy to follow” - Solomon Mashakam

“It was run very well and with lots of detailed information taught in a simple way” - Brandan Rakusin

“Brilliant, just brilliant and it met every expectation.”-  Victor Magwaza

“The confidence inspired me and now I have a good understanding on what Forex trading is all about.”-  David Davey

"Thank you for your speedy response, the information you have given is worth gold and I hope to implement it by month end  I can start
trading now.” - Abdulaziz

“It was worth the time, friendly and easy to follow.” - Solomon Mashakam

“It was very informative and is a must have product.” - B. Mokoke

“Brilliant, just brilliant and it met every expectation.” - Victor Magwaza

“The confidence inspired me and now I have a good understanding on what Forex"

"Just a note of appreciation Timon, on your money management(Risk calculator)tips on the CFD's. You helped me to better understand and manage my losses by your stop loss tips and how much of my portfolio money i should risk losing. I used to just dive head on when trading and worry about the rest later which now i realise was very foolish."

“Timon is very confident with presenting and the event was very informative."

"trading is all about.” David Davey

"Thanks Timon. You are a great mentor. Keep well." - Chris

“I could never time market entry correctly before. This workshop has helped me to identify the positions! My overall impression of the workshop: 9.5/10!” - Thys Uys

“Very informative, and very intense! The examples were ‘real world’ and the workshop definitely met my expectations” - Pierre Duvenhage

“Timon explains technical terms in a simple way. He gave clear techniques without cluttering my mind with any confusion. I give the workshop 10/10 - Excellent!”- Herman Steyn

“The training was good and the speakers are very knowledgeable about the topics” – Zuko Mbele

“All can say as someone who has never traded is that now I am more confident to call a broker and start trading. I am more informed than ever.”  - Samson Molepo

“Very informative and helpful in putting the concepts across for the layman.” – Francis Hummund

“Both good speakers and their ability to explain topics and terms is very good. I understood all the terms and topics, both were clear and to the point on what they wanted to say. And I appreciated that. This is the first seminar attended which was explained so well. I expected to learn something new and the seminar delivered that.”  – Francisca Pretorius”

“Very informative and well worth it.” – B.J Van Niekerk

“Being a beginner/novice in CFDs it was great that they started from the basics and built on that.  Both presenters are clearly experienced and knowledgeable. The strategy was very clearly discussed and illustrated.” - Stavros Dalakas

“Wow it was mind blowing and insightful. It was worth it” – Celiwe Zulu

“Extremely valuable. Left me with a number of things to take home and use to my advantage.”- S. Meyer

“The speakers speak from experience and they are all active in what they’re teaching. All the questions I had were answered and the venue was clean, neat, practical, sufficient and well-catered”- Johnny Snyman

“A lot of clear and valuable information. Great presentations” -Herman Steyn

“I learnt a great deal. I’m now ready to trade seriously because I know where I went wrong.” -Yathawan Naransamy

“The seminar gave me courage to put more effort on Forex trading. There is also accommodation if the transport is not flexible. This means one can sleep over”- Bongani Ngaki

“Great. Everything was excellent! The Cup and W pattern were my best highlights” -Solly Molete

“The speakers were thorough with their presentations and I know more about the Forex market and charts”- Nolan Danster

“Perfect for beginner traders. Very simple and educational”- Munir Hagee

“Loved the Forex Fundamentals and practical examples shown” -Stephen Mamakoko

“Timon’s and Igor’s presentations were user friendly” -Enst Roth

“Practical examples were useful, thanks Timon” - Vivianne Jaques

“I had very little to no knowledge about trading Forex at the start of the day. But now I’m feeling very empowered” - Alison Darling

“Wonderful! The trading strategies were well explained” - Chris Sethusha

“The combination of three trading greats sharing the stage is what I liked best about the seminar”-  Chris Sethusha

“I got a lot of information and clarity on how to trade” - Marius van Rhyn

"This was an excellent start for me. It was easy to understand and approach" – Jacob Tau

"Timon covered everything for beginners" – Khela Mabewa

"Everything was explained clearly and to the point. Well done!" – Neerash Lutchmen (Durban)

"It was down to basics and easy to follow" – Theunis Botha

"You get everything under the roof. And I learnt how to open a Forex account and start with a demo account."-  Benjamin Mahunonyane

"Timon always makes everything understandable and easy to understand. Timon wanted to always teach us more. Timon as a presenter is always approachable and always providing helpful information." – Paul V

"It was an eye opener because I now know what to trade without fear. The atmosophere was marvellous and everything was explained brief and concise. "– Thupudi Abel Sesama

"Excellent, Timon. I have also found out that my mood has a significant influence on my trading results. Some days I am most certainly in the "wrong" mood. On other days I am in the "correct" mood and make the correct trading decissions." - D-R

"I feel blessed to come to this seminar and I would like to be included in every seminar" – Mothofeela Lekeno

"It did exactly what was promised. I now have the tools to start trading . The best part is,  have future support in various forms. This is just the start."

"Great presentation, great venue, comfortable." – Tumislo Ngulube

"I gained a lot of basic information on trading Forex. I didn’t know anything about it before. The presentation was simple and clear ."– Anon

"I now know where to start and which platforms to use. Everything was very informative ad most of all I got a strategy to use for FREE." – Simphiwe Mashinini

"Timon is very knowledgeable and makes his presentations very simple and easy."  - Amdami

"Very informative and interesting It opened my eyes as to what’s happening in the Forex market." - Joha
 
"Thank you for your speedy response, the information you have given is worth gold and I hope to implement it by month end." – P
       
“Just a note of appreciation Timon, on your money management (Risk calculator) tips on the CFD's. You helped me to better understand and manage my losses by your stop loss tips and how much of my portfolio money I should risk losing. I used to just dive head on when trading and worry about the rest later which now I realise was very foolish.”
     
   “All can say as someone who has never traded is that now I am more confident to call a broker and start trading. I am more informed than ever.” Samson Molepo
      
  “I’ve learnt a lot not only in CFDs but in trading in general. I’m glad that big emphasis was placed on risk management.” – Anon
       
“Thoroughly enjoyed your webinar. You came across very well” – Anon
       
“Timon explains technical terms in a simple way. He gave clear techniques without cluttering my mind with any confusion.” – H.S
       
“Hi Timon, I just make R2,800 in 2 days on your recommendation Bravo!!!! Send more tips!!! Regards Mario”
       
“T, I’m loving your videos bro. Keep them coming!” – J
       
“All can say as someone who has never traded is that now I am more confident to call a broker and start trading. I am more informed than ever.” – Samson
       
“Hi Timon. Thanks for giving us something for free. My confidence in FSP has been restored” – A.M
       
“My first trade gave me R35,000 exluding my initial investment. I will recommend you to any person who is serious about making money and a lot of money” – V.N
 
“Dear Sir, Tim is an excellent trader who is cautious, methodical, dedicated and inspirational to fellow traders. He sticks to his trading plan and has excellent money management skills.It is always a pleasure interacting with him as a fellow trader. His advice is normally excellent and he is not a risk taker.” P.S
       
“Timon is very confident with presenting and the event was very informative. I can start trading now.” -  Abdulaziz



Always remember,

“Wisdom yields Wealth”
 trsig.jpg

Timon Rossolimos

Senior Editor:  Trading Tips
Head AnalystRed Hot Storm Trader
Author:          94 Top Trading Lessons of All Time


The most accurate trading indicator predicts an 11.8% rally on the JSE!

Today I'm going to show you how one scarily accurate indicator, predicts an all-time high rally ahead for the JSE.

And if you play things right, you can end up making a very hefty profit. 

And please don't be concerned about the technical terms. By he end of this newsletter, I'm going to make sure you understand everything.

Now, let's see why I expect the JSE-ALSH to go up 11.80% to an all time high.


The RSI indicator tells you which direction the market is more likely to go next

To put it simply.

The RSI, or the Relative Strength Index, is a technical indicator that looks like a squiggly line.

Basically, this line will tell you when a market is over-priced (overbought) or underpriced (undervalued).

The RSI is a closed indicator which ranges from 0 to 100. This means that you'll see the squiggly line jumping up and down between this range. You'll see why this is important in just a minute.

Ok, so there are three levels on the RSI I want you to remember.

  •          70
  •          50
  •          30
When the RSI squiggly line hits the 70 mark, it means that the price of the market is considered overpriced or overvalued.

When the RSI line touches the 50 mark, it means that the index is fairly priced. This is where the RSI normally oscillates around.

And when the RSI line goes on or below the 30 level, we say that the price of the instrument is undervalued  or "underpriced".

This is all going to make sense in a minute.

To help explain this better, let's take a look at the JSE-ALSH  with the RSI at the bottom of the chart.

The three crucial levels you need with the RSI 
jsealsh rsi.jpg
In the above JSE-ALSH chart, you’ll see the three levels indicated in Red(30), Blue (50) and Green (70).
 
The RSI is telling us that the JSE-ALSH is ready to rally to an all-time high from here!

jsealsh rsi lows on rsi.jpg


What you’re seeing is the JSE-ALSH chart and below it is the RSI indicator.

From May 2015 untill August 2015, we’ve seen the JSE-ALSH make lower lows. We’ve seen it drop from 51,000 down to 49,612 down to 46,530.

But now compare it to the RSI.

The first low of the RSI went to 27. The second RSI level touched 30 on the dot. And the final RSI went to 29.

This means that, the RSI has been touching, more or less, the same level on the low, while the ALSI has been making lower lows.

This means there is a bullish divergence between what the JSE is doing and how the RSI is moving.

So what does that mean?

It means that the RSI is showing that there is upside momentum in the making, which could send the JSE-ALSH up from here.

Next let’s look at what the RSI has been doing in terms of highs.

The RSI is ready to break out of the downside and rally once again

 jsealsh rsi highs.jpg


At the moment, you need to keep your eye on the 50 level mark on the RSI.

Since, May 2015, we’ve seen the RSI make lower highs. 

Granted.

But look where the RSI is at the moment? It’s at 47.12 which is around the 50 level mark.

Now just to remind you… The 50 level mark is where the price is fair valued generally.

But here’s the thing. The RSI has been showing a bullish divergence which means that it’s favouring the momentum to the upside.

And just like skating on thin ice, leads it to a break eventually. With the RSI, the same thing applies to the resistance (purple line) on the RSI. It leads to a break out as well.

The more times the RSI touches the purple line, the weaker it becomes.  

And so, it looks like the RSI is ready to break to the upside, above the 50 level.

Once it breaks, the JSE will follow suit and will go to the first target at 52,000.

If the JSE breaks above the 52,000, then it’s next pit-stop could take the JSE-ALSH to all-time highs at 55,321.

Always remember,

“Wisdom yields Wealth”

tr.jpg 

Timon Rossolimos

Senior Editor:  Trading Tips 
Head AnalystRed Hot Storm Trader
Author:          94 Top Trading Lessons of All Time 

PS: Finally, part 3 of the "Eurozone Debt Crisis: The next stock market crash is available...
Enjoy watching the final part, by clicking on the play button below

Friday 4 September 2015