From My Diary

Last October 31, posted this in my diary which looks like a leading indicator. It went down ahead prior to DJIA crasged and went up prior to March 2009 bottom . Is it a leading indicator??? Abangan.

Foreign Buying VS Selling 9

What a day, 80 issues above Sept 19. crashed ( Phisix 4,308 Top, prior to the crash) . As I have said before, last Dec. 17 it was just 47.

Base on Sept. 19 active stocks:
PNB up 20%,
Power is FGEN up 12%
Food is ANI at 27% and URC at 19%
Construction EEI at 28%
Holding AC and DMC at 14% AND JGS  11%
Properties BEL 17% and ALI at 11%
Communication GLO up 20% and TEL 15% PAX 40%
Mining NI 46% APX 33% DIZ 23% and LCB 22%

Yesterday 23 issues above 4% prior to Thursday's closed.
Lots of Blue chip up namely:

My Favorite URC up by 5%, MER, RLC up 4%, DMC JFC ALI 3%.



http://tracer-tracer.blogspot.com/2012/01/foreign-buying-vs-selling-3.html

                                                                   PSEI        NFB/S

Green is foreign buying, red is selling.

Money Management New 4

AS previously mentioned, I will sell 1 ,3 and 6, all falied probes.

New probe no. 6, ( should have been 7 ).

Item no 3, looks like too many sellers.  I am itching to sell it.

One thing important when you want to sell, sell in an up trend and try to sell near the top to lessen you loses.

Nice lesson, first time I have done that.

http://tracer-tracer.blogspot.com/2012/01/money-management-new-3.html

TEL

Foreign Buying VS Selling 8

It is surprising to see most active blue chips stocks up as of 11 am more than 3%.

How I timed DMC

While most traders were talking about bad news in Europe. price action tells a different story.

But also remember: the chances are that you will not become acquainted with that reason until some time in the future, when it is too late to act on it profitably. Livermore

How I timed PAX

USD CAD Short

Money Management New 3

will sell 1 , 4 and 6, if it will fall more.

Position 6, is a new item or probe, and does not look good, so I will sell.

Position 5 which I bought last Jan 18 increased, from 1 % to 4%, plan to add more in retracement.

http://tracer-tracer.blogspot.com/2012/01/money-management-new-2.html

Dow rally in the closed.

Foreign Buying VS Selling 7

From March 2009, I am just wondering if Livermore were alive and trading, will he do the same mistake after the crash to 1929 until he went bankrupt.

First time since Dec. 16, foreign selling. Nice thing, the market went up. Fundies need to sell so they have a capital to push the market up.

4 Blue chips up by 4%, RLC, ALI, AC and JFC.
Only 1 Blue chip at minus 1%, that is MER, the rest in up or unchanged.

Long USD CAD

2nd time in 2 weeks, early entry but profitable.

Money Management New 2

No. 4, new entry, today. No 3, old entry.

10% cash for a total of 100%.

http://tracer-tracer.blogspot.com/2012/01/money-management-new.html

Price Action

I was damn right about PAX and DMC, should have not sold early. If you follow Livermore system, this is the time to watch for danger signals.

"It does not work 100% of the time, but if you pay attention to it, you will profit immensely". Livermore

http://tracer-tracer.blogspot.com/2012/01/example-of-money-management-new-8-final.html

Foreign Buying VS Selling 6

DJIA The Power of "N".

Yesterday was third liners turn, 24 issues up by more than 4%. 

Most blue chips either unchanged or 1% up or down, Only GLO up by 4%.

Money Management New

Except for the 17%, the 3 are new positions.

Foreign Buying VS Selling 5

Nice to see most blue chips, unchanged and a lot of third liners down and blue chips up in yesterdays trading.

Lead by JGS at 5% from 26.6 to 28.0
TEL, ALI, AGI  up 3%
MER 2%

Other blue chips up or down by 1% only. Only FGEN down 2%, from 14.36 to closed 14.1.

PCOR, price action speaks for itself.

Long NZD USD 2

Kaboom indeed. New method, automatic stops to protect profit instead of just taking profits.

Long NZD USD

JGS First Green Signals

Foreign Buying VS Selling 4

Nothing but foreign buying since December 16.

72 issues broke above Sept 19 closed, , 

 ( Phisix 4,308 Top, prior to the crash) 

Highest Gainer

PAX from 1.2 to 1,79 or 33%

PXP from 7.02 to 9.97 or 30%

LCB from 1.46 to 1.92 or 24%

URC from 43.65 to 53.9 or 19%

Following are the Active Laggards. ( double figures)

Banking sector, only RCB and PBC.

In the power sector, only PCOR.

In the food sector, only SFI and SMB 

Construction sector. AGP, MWIDE and T

Holdings FDC and LIHC

Property, SMDC, PO, MRC, others are single figures.
Transport CEB
Mining only PX
Oil BSC and PERC


Trend followers only buy stocks that shows strong price action, because the price speaks for itself.







http://tracer-tracer.blogspot.com/2012/01/foreign-buying-vs-selling-3.html

Example of Money Management New 8 Final

Have sold my positions for a very nice  YTD profit. I should have hold on to it. Reading blogs of my position affects my decisions. My Position was DMC and PAX.

I was about to sell my URC, its good that a green signal appeared. ( Reason why I almost sold my URC, Reading Blog!)

I have nothing against a blog, it is were I learned a lot and get Ideas. But, comes a time, when it should be the price and you only. No news, no Blog, no bloomberg or CNBC.

Impeachment trial is more exciting.

" When you find trading boring, you must be a good trader" Raschke.

URC Green Signals 2

http://tracer-tracer.blogspot.com/search?updated-max=2012-01-10T13:28:00-08:00&max-results=7

Example of Money Management New 7

As previously mentioned took 4% profit from that slow moving stock and transferred capital to the lower stock.

Position Sizing is THE most important aspect of your trading system, because if you have positive expectancy, your position sizing rules will determine your profits.  Dr. Tharp - Trade Your Way To Financial Freedom

DJIA Short Last Minute Covering 2

Ceiling Plays

Another bad day for ceiling players. FJP closed at 3.18 the other day with a volume of 2,927,000 and value about 8.6 Million pesos.

Have tallied the volume of the opening price 3.19 and above, about 250,000 only were able to sell.
Almost 90% are stuck up.

The biggest problem is the spread of bid and ask price. At 9:52:06 AM, the price was 3.18 to and 9:52:37, it drop 3.00 with volume of 2,000 in just 31 seconds. How can you sell if you are holding 10,000? Next thing was FEAR and panic.

Please take note that FJP ceiling about 10:30AM. the other day. meanng, hypers already sold their positions from 10:30 to 15:30. the other day.

If you tally the volume last December at the price of 1.9 pesos, volume is about 1.7M
And If they sold the 1.7M shares at 3.18, the other day, A whopping 5.4M out of 8.6M for that ceiling day.
Iyong balance na 3.6M, just for losers. Anyway, some expert gurus are still stuck, so lets see what their money can do.

It is simply gambling.

Just sharing my Opinion.

Long EUR/SEK and USD/CAD

Example of Money Management New 6

Plan to sell that slow 4%, and add more to the 35%, making it 20% of my capital, and fewer positions to monitor.

Example of Money Management New 5

Foreign Buying VS Selling 3

Nothing but foreign buying since December 16.

Last Dec. 16, I posted  47 issues broke above Sept 19 closed, now it 67, 

 ( Phisix 4,308 Top, prior to the crash) and  last dec. 16, 70 still stuck up, now only 54.

Nice thing about trend following, you do not have to do anything. Just watch for danger signals. That's it.

http://tracer-tracer.blogspot.com/2011_12_01_archive.html

URC Green Signals

Example of Money Management New 4

Red, new position. YTD 25% up.

USD NOK Short

When I was a newbie, I was good at fibo, i used to call it fiborit, Still works.

Note the price action when it passes the yellow line.

Example of Money Management New 4

Red entry new.

FX Positions, Kudos to Genkumag 3

400 pips in less than 24 hours, you have done it again man. Last post about senor Genkumag, mababa kasi ranking mo, kaya I post. Para hype ko ranking mo :-) General :-) Very interesting.

Green Signals

A lot of blue chips and second liners ( active stocks) showing a green signals.
A bull market ????

Example of Money Management New 3

AUD-USD Long Position may revert to Short???

Sold my AUD USD.

Resistance in long term chart??

FX Positions, Kudos to Genkumag 2

490 pips and counting

144 pips and counting

FX Positions, Kudos to Genkumag

238 pips gain, the perfect timing by Genkumag

110 pips gain, not so perfect timing by me :-(

Example of Money Management New 3

Same positions. Slowly coming up. Luck or money management.

No tip, No Hype, just pure price action.

January and Fundies

After a sleepy 2011 last quarter, probably fundies will make their money work for them and we are just riding them.

Example of Money Management New 2

Luck or Money management??

http://tracer-tracer.blogspot.com/2011/12/example-of-money-management-new.html

My Understanding about the Dow Theory

Why I was insisting DJIA has a small upward bias for 2011.

It was all about Dow Theory. In fact, I have posted a lot of times, referring to 1987 crashed and look what we got.

After Rhea's death, Dow Theory fell into less competent hands. Men who failed to grasp the essential principles of the theory misapplied and misinterpreted it, to the point that it is now generally considered dated and of little use as a technical tool in the modern markets. This is simply not true. I performed a study applying Dow Theory's principles to the Industrial and Railroad (later Transportation) averages from 1896 to 1985 and found that Dow Theory tactics accurately captured an average of 74.5% of business expansion price movements and 62% of recession price declines from confirmation date to market peaks or bottoms, respectively.

V. Sperandeo