Wednesday, February 29, 2012
Monday, February 27, 2012
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.
Sunday, February 26, 2012
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.
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
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.
ElderOV Exit as posted.
http://tracer-tracer.blogspot.com/2012/02/example-of-money-management-reset-3rd_5105.html
Thursday, February 23, 2012
Wednesday, February 22, 2012
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???
Tuesday, February 21, 2012
as previously mentioned, will sell no 7. (GERI)
Bought no 8.
http://tracer-tracer.blogspot.com/2012/02/example-of-money-management.html
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.
Sunday, February 19, 2012
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.
Thursday, February 16, 2012
Feb. Money Management Reset Final
Sold My Number 1, DIZ, (nice run) and bought a new number 1 about 20% of capital.
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
Monday, February 13, 2012
Sunday, February 12, 2012
Friday, February 10, 2012
Wednesday, February 8, 2012
Tuesday, February 7, 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
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
Sunday, February 5, 2012
The Noise of 2011 and 2012 Blue Chips Rally
The longer the consolidation, the higher the kick. Almost 100% kick (height) compared to the box.
AC
BPI
MWC
SM
SMPH
TEL
URC
Friday, February 3, 2012
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
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
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
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
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