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Author Topic: Live chat  (Read 2931154 times)

Hamster

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Re: Live chat
« Reply #5400 on: March 25, 2017, 12:57:53 pm »
I can see the candle, but what does it indicate: Rand possibly getting stronger or weaker
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Orca

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Re: Live chat
« Reply #5401 on: March 25, 2017, 05:43:17 pm »
The pair is USD/ZAR so the first currency in the pair is USD. The action of the candle reflects the first mentioned currency and in this case it was a long red candle that shows the USD had weakened against the ZAR.
Had it been ZAR/USD then the candle would have been in the opposite direction (up) and green showing the ZAR had strengthened.
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Orca

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Re: Live chat
« Reply #5402 on: March 25, 2017, 05:59:11 pm »
I forgot to mention that the chart I posted was a 3 minute candle chart. So every candle takes 3 minutes to complete. Candles can be red and green, red and blue or white and black.
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks
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Hamster

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Re: Live chat
« Reply #5403 on: March 25, 2017, 07:03:51 pm »
Thanks :)
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Moonraker

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« Reply #5404 on: March 27, 2017, 11:49:53 am »
JOHANNESBURG (Reuters) - South Africa's Finance Minister Pravin Gordhan has been told to return home from an international roadshow by President Jacob Zuma, Talk Radio 702 said on Monday. The rand fell as much as 0.5 percent following the report, while bonds weakened sharply.
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Patrick

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« Reply #5405 on: March 27, 2017, 12:16:22 pm »
These own goals by our government astound me.
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Moonraker

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« Reply #5406 on: March 27, 2017, 12:21:55 pm »
Indeed. It means cabinet reshuffle imminent.
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jaDEB

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« Reply #5407 on: March 27, 2017, 12:57:29 pm »
 South African union leader who is due to attend an investor roadshow with Finance Minister Pravin Gordhan denied reports on Monday that he had been ordered by President Jacob Zuma to return from the trip.
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jaDEB

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Moonraker

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« Reply #5408 on: March 27, 2017, 01:25:06 pm »
What is going on? Impossible to make informed investment decisions.
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Hamster

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Re: Live chat
« Reply #5409 on: March 27, 2017, 01:58:08 pm »
Go 50/50 on everything. It's the only way.
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jaDEB

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« Reply #5410 on: March 27, 2017, 02:01:50 pm »
South African billionaire Elon Musk, chairman of American companies Tesla and SpaceX, has set his sights on increasing production at Hulamin, the listed industrial company that produces aluminium-based products in Pietermaritzberg.
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jaDEB

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jaDEB

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« Reply #5411 on: March 27, 2017, 02:02:06 pm »
:)
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jaDEB

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Hamster

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Re: Live chat
« Reply #5412 on: March 27, 2017, 02:34:26 pm »
THAT SMILE BETTER NOT BE BECAUSE OF THE RAND!!!!
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jaDEB

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« Reply #5413 on: March 27, 2017, 03:00:21 pm »
No cause of Mr Musk and the rant :), I have NPN & CCO
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jaDEB

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jaDEB

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« Reply #5414 on: March 27, 2017, 03:08:32 pm »
And just to confirm, you had confidence in ANC and Zuma? But I hope they do not fire Mr Gordhan. I like him, and he does not deserve it.
« Last Edit: March 27, 2017, 05:23:05 pm by jaDEB »
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