PCOR Green Signals

That theme has continued to this day. The hardest thing to do is to buy a high-flying stock or to sell a stock that has gone down a lot, but I always find that the hardest thing to do is the right thing to do. It's a difficult lesson to learn; Stuart Walton, Market Wizard

To trade or not to trade

When in a successive slump. take a vacation. Enjoy life, read books. It takes discipline to profit from the market. If you still trade after a string of loses due to urge, then you will fail. Because you cannot control yourself.


After taking a well deserved vacation and you feel you are ready, trade as little as 1%, until you have the market feel. Your goal should not be to make lots of money but rather to get your confidence back by making correct decisions.


When you are now making the right calls, increase your positions. Remember, we are only right 30% of the time and 70% wrong. So, in order to increase profits, increase position when in winning streak and cut loss immediately when our position is against the trend.


"George Soros has a philosophy that I have also adopted: The way to build long-term returns is through preservation of capital and home runs. You can be far more aggressive when you're making good profits"
Stanley Druckenmiller Market Wizard

FX Trading

Trends are created when traders are elated or spooked, this are the signs to watch for and is reflected in the aud/jpy chart below. If the bulls are stronger, you buy, if the bears are stronger, you sell.

Why I am so confident to post a Live chart tops and bottoms? I am now Nsync with the market. If I am out of sync, it is disastrous to post or trade.

Trading is simple, but not easy.

"If you want to change your experience of the markets from fearful to confident, if you want to change your results from an erratic equity curve to a steadily rising one, the first step is to embrace the responsibility and stop expecting the market to give you anything or do anything for you. If you resolve from this point forward to do it all yourself, the market can no longer be your opponent. If you stop fighting the market, which in effect means you stop fighting yourself, you'll be amazed at how quickly you will recognize exactly what you need to learn, and how quickly you will learn it. Taking responsibility is the cornerstone of a winning attitude." M. Douglas

AUD JPy Shorting

AUD JPY after an hour Live

AUD Jpy See why

sell

AUD JPY Live

Plan is a Must

Speculators without a plan are like a general without a strategy, and therefore without an actionable battle plan.
Speculators without a single clear plan can only act and react, act and react, to the slings and arrows of stock market misfortune, until they are defeated. Livermore

AUD/JPY Korea Effect

Trading

To make money trading, you do not need to forecast the future. You have to extract information from the market and find out whether bulls or bears are in control. You need to measure the strength of the dominant market

group and decide how likely the current trend is to continue. You need to practice conservative money management aimed at long-term survival and profit accumulation. You must observe how your mind works and avoid slipping

into greed or fear. A trader who does all of this will succeed more than any forecaster. . A. Elder

Ring my Bell

The BEL keeps on ringging but I do not have the courage to buy, and I do not know why.

Trends

Fundamental facts of primary trends and their corrections: Movements in the primary direction tend to be extended and laborious, while secondary movements against the primary trend tend to be sudden, often violent, and short-lived.

Blue Chips

One thing nice about Blue chips, its stays for years in the range, but when they move, they move real high,
like PCOR and AGI range for years in the 5 peso area now its zooming like hell,  AEV in th 11 peso, URC at 18 peso area then zoom, etc. etc.

AUD/JPY Life is Good

PCOR Pre- Christmas Order ???

PCOR Signal

PCOR 2 green signals

Darvas Box

Maybe people are wondering what the "box" stands for. It is simple TA from Darvas.

http://www.boxcharts.com/

"I found that, for myself, proximity to Wall Street was fatal. I was too easily swayed by the minor fluctuations of the market, the talk about impending mergers, acquisitions, splits; I could never stick to any sort of system while under such influences. Rather, it was during my absences from New York, and especially during the two years of a tour that took me around the world, when I found myself operating most profitably." - Nicolas Darvas

ICT

ICT Higher Low of the day
12-Nov   38.00
15-Nov   38.60
17-Nov  39.20
18-Nov  39.8
19-Nov  40.10
22-Nov 41.00

Chart vs Record

Which is easier to read,  the chart or record??
ACR low of the day, nothing but up or Higher Lows.

 17-Nov   1.38
 18-Nov   1.43
 19-Nov   1.62
 22-Nov   1.58

Not a bad day for ICT and AGI and ACR.

"If you have timed the movement correctly, your first commitment will show you a profit from the start. From then on, all that is required of you is to be alert, watching appearance of the danger signal and let your profits run." Livermore

DJIA Steep Spike

AGI Beat goes on

 Another Green Signal.

ICT

             Low of the day
12-Nov 38.00
15-Nov 38.60
17-Nov 39.20
18-Nov 39.8
19-Nov 40.10

Pure Price action

Fractals

X-Set Up

It was the first time that I posted a GREEN ACR signal through live trading, and I think it work.
X-set up works only 50% of the time, sometimes it is the top, so it is very important to place your stops. Also, please be advise, I will not post an RED (exit)  signal. I have work hard for it just to give it away.

ACR Green Signal

Another Green signal at 1.47, just do not forget your stops

AGI Still holding on

               Intra day Low

10-Nov     9.80
11-Nov   10.48
12-Nov   10.66
15-Nov- 10.80
16-Nov -10.90

The Great Bear performance

Net profit/loss from May 1, 2008 until May 28, 2010.

+$35,973,596

(IMHO) The Great Bear of Wall Street now Bullish???

http://www.xtrenders.com/2010/11/bought-sp-1177.html

AGI Nothing but Up on a down week.

Days Closed
 10-Nov  10.80
 11-Nov  11.00
 12-Nov  11.10
 15-Nov  11.24

You can identify these stocks by how they act.  Stuart Walton, Market Wizard

The Dow new support level at 11200.

 The intent is to catch major moves, to indicate the beginning and the end of movements of importance. There is nothing complicated about it. The various phases will be absorbed quickly and with easy understanding by those who are interested. Livermore

AGI Signal

Green Signal at 10.73, just do nopt forget your stops

Long Black Candles

Assume a stock breaks out of a trading range on high volume. It looks great. People buy it, and then the stock collapses. This scenario, most people will view the original breakout as a failed technical signal. The original breakout, however, may be only the beginning of a more complex pattern that is far more reliable than the breakout itself..Mark Minervini – market wizard

CISCO Kid Breakdown

CISCO Kid

 Cisco earnings up 8 percent in 1Q

Cisco Systems Inc. said Wednesday that its earnings for the latest quarter climbed 8 percent from last year, providing fresh evidence that business spending on technology continues to recover from the recession.

People tend to confuse short-term volatility with long-term risk. The longer the time period, the lower the risk of holding equities. People focus too much on the short term-week-to-week and month-to-month price changes-and don't pay enough attention to the long-term potential. Richard Driehaus. Market Wizard

Krispy Kreme

BPI
Pure Price Action nothing but up
               Low of the day
 27-Oct  56.55
 28-Oct  57.50
 29-Oct  57.90
 2-Nov  58.25
 3-Nov  59.50
 4-Nov  60.80
 5-Nov  60.80
 8-Nov  60.85

The Dow broke above its April high of 11200, signaling a primary advance. The long term target is 12000 . Rising strongly indicates buying pressure. Expect retracement, however, to test the new support level in the medium term.

Trend is your friend