Disclaimer: This is a legal notice. Please read it carefully in its entirety. It is your responsibility to understand this notice. If you do not understand it, please seek the assistance of a competent advisor.The content in Trend Follower is for educational purpose only. This is not a recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. My opinion is subject to change without notice. Trend Follower will not accept any responsibility or be liable for any investment decisions based on the information discussed here.

Monday, February 27, 2012

Example of Money Management Reset 3rd Week of Feb - 10

sold 13 ( AP) 14 (PSE) and 11( UBP), will sell number 10 if it will not hold.

Foreign Buying VS Selling


DJIA one minute intraday chart. 150 point rise in the opening.
Since Feb 16, 8 days straight foreing buying while PHISIX 5 straight red days.

Saturday, February 25, 2012

How I Timed CHI

CHI ( no. 6) Almost the same as OV, but shorter period. Maybe it will continue going up or down. Who knows for sure.
For me, it does not matter. I pay strict attention to price action.

If you click the link below, i posted the huge spike from 2% to 20% intraday.

http://tracer-tracer.blogspot.com/2012/02/example-of-money-management-reset-3rd_21.html

This sense of knowing that you were wrong even before the market tells you becomes, in time, rather highly developed. It is a sub-conscious tip off. It is a signal from within that is base on knowledge of past market performances. Sometimes it is an advance agent of the trading formula. Livermore

How I timed OPM

If you look at OPM (no. 9), I entered a bit late. But still managed to profit by just watching for danger signals.
But of course its a bukll market, it may still go up or go down, who knows. Price action is the most important factor.


From My Diary...

How I timed OV

It may still go higher.... Who Knows for sure..........
OV ( no. 4) The longer the consolidation the higher the spike. 
Breakout was on Feb 17 @ .033 as posted in my diary
( see below screen shot).
The danger signals can be found in the inset chart, broke the uptrend line.

So, you see, it is easier to profit in an uptrend than trying to catch the bottom. As long as you know and believed you can execute your stops. Just imagine how many bottoms it made for the last 3 years.

"I do not say that these danger signals are always correct, as stated before, no rules applying to stock fluctuations are 100% right. But if you pay attention to them consistently, in the long run you will profit immensely." Livermore


From My Diary..
The goal of a good trader, paradoxically, is not to make money.
His goal is to trade well. If he trades right, money follows almost as an
afterthought. Successful traders keep honing their skills. Trying to reach
their personal best is more important to them than making money. .  A. Elder


OV Exit as posted.
http://tracer-tracer.blogspot.com/2012/02/example-of-money-management-reset-3rd_5105.html




Wednesday, February 22, 2012

Example of Money Management Reset 3rd Week of Feb - 7

Sold no 4 and 9, OV and OPM, nice run.....

Example of Money Management Reset 3rd Week of Feb - 6

PSEI


Have been using Sept 2010 top as basis for strongest stocks, I think is is over used. the 93 issues that broke above September top is not moving anymore. 
December 29 PSEI breakout will be my new basis.

Five straight days of foreign buying. Will the 25 days straight foreign buying happen again while locals were selling not noticing the index climbing up???

Monday, February 20, 2012

Example of Money Management Reset 3rd Week of Feb - 4



Sold no. 3 pax and reduced number 4 to 50%. To save gains.
Will sell number 7 if it will not hold.

No. 5 may rally, but if it goes sideways, will sell.

Saturday, February 18, 2012

Primary and Secondary Corrections Relative to Height and Distance of Dow


Almost the same height and Distance.

"Dow theory is a commonsense method of drawing useful inferences as to future market movements from the recorded daily price fluctuations of the . . . [market] averages."
Properly .considered, Dow Theory provides the key starting point with which to analyze stock market behavior. Many of its definitions and principles apply not only to the stock market but to all financial markets as well. V. Sperandeo." market Wizard


Blog Access

Update on foreign buying and selling and Phisix. Volume of P6 did not drop below 4.5 Billion since they started Afternoon trading. Before, the lowest was 3.7

91 issues above sept 19 top. and 32 still lagging behind mostly from power sector.
Been having a hard time accessing this blog last week.
Anyway. Nice profit from DIZ and sold half of Number 1 which I believed you all know by now as IP.

Tuesday, February 14, 2012

Feb. Money Management Reset 3

Sold 2 and 3. LIHC and GEO.



Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In "good times,"even errors are profitable; in "bad times" even the most well researched trades go awry. This is the nature of trading; accept it. Linda Bradford Raschke Trading Rules

Sunday, February 12, 2012

Monday, February 6, 2012

Foreign Buying VS Selling 11

90 issues above Sept 19 top. 34 issues remaining.

Blue chips still hot,
SECB up 6%
MBT 5%
BPI 2%
PSE up 5% ( during the 2005 to 2007 run PSE jump to 300 plus)
AEV 5%
AC 3%

Is it the bull market. Let price action speak. Its election year!!!

http://tracer-tracer.blogspot.com/2012/02/foreign-buying-vs-selling-10.html

Thursday, February 2, 2012

Money Management New 5

As previoulsy posted will sell no. 6 for a nice profit ( that was MPI) 
Also sold no. 3 yesterday for a nice profit. (JGS) Pure luck. Did not see any danger yesterday.
Will sell no. 9 if it will not hold.


http://tracer-tracer.blogspot.com/2012/01/money-management-new-4.html

Ceiling Plays 2


If you look at the buyers at 0.82 to 0.87,  only 11 transactions was made. So, how can you win, not unless they will buy it up tomorrow. Like FJP, most still stucked up.
Volume is very important when buying, so you can easily sell.

If you look at those who sold at 0.96, same guys who bought at 0.82. 
Be careful always. 


http://tracer-tracer.blogspot.com/2012/01/ceiling-plays.html

Wednesday, February 1, 2012

From My Diary Posted Jan. 28 ( Saturday)

Price Action and News 2


while most traders were worried about Europe, busy predicting crashes, or when the dip is, price action differs.

Now the news...

SECURITY Bank Corp., one of four banks the financial services firm JP Morgan eyed favorably in the Philippines this year, reported a lower net income of only P6.7 billion in 2011





USD CAD Short 2



http://tracer-tracer.blogspot.com/2012/01/usd-cad-short.html

Foreign Buying VS Selling 10

84 issues above Sept 19. crashed ( Phisix 4,308 previous Top, prior to the crash) 


Banking sector all foreign buying. MBT and SECB up 4 and 3% respectively.
Not sure what is happening in the power sector, MER down 3%.
Favorite URC up 2%
AC 3%
DMC 2%
RLC 6%, would basura property follow???


As I said before, looks like 2005 to 2007 run, lots of activity from blue chips to third liner. Good luck to all, The trend is your friend.
http://tracer-tracer.blogspot.com/2012/01/foreign-buying-vs-selling-9.html

How I timed MPI


As I previously last management post, I wills ell, and here is the chart.