August 19, 2007
August 8, 2007
market rally
Here I am, safe and sound ready for another trading session.
AUTO:
CMP - buy - waiting for good results for S1
AUTO:
CMP - buy - waiting for good results for S1
July 29, 2007
July 26, 2007
July 22, 2007
July 16, 2007
July 1, 2007
June 20, 2007
spotted on 20th of June
AUTO & REL
- UPET - wait 5-10 days to buy
- ARM - up trend start
CHEMICALS
- STZ - buy
DEVELOPMENT
- ARCV - keep an eye on it
PLASTICS
- PPL - reentering teh channel - keep an eye on it
- UPET - wait 5-10 days to buy
- ARM - up trend start
CHEMICALS
- STZ - buy
DEVELOPMENT
- ARCV - keep an eye on it
PLASTICS
- PPL - reentering teh channel - keep an eye on it
June 17, 2007
spotted on 17th of June
AUTO&REL
- MEF - positive divergence (waiting for a reversal day on big volume)
BANKS:
- TLV - exit the channel - possible range
CHEMICALS
- CBC - wait one more day : if support holds buy otherwise : just watch :)
- PCL - wait for a better price
METALS:
- COS - buy at the end (of course if we have a green day)
PLASTICS :
- PPL - broke 3.1 resistance - if holds buy
OTHERS:
- CERE - trend confirmation- buy
- ARTE - trend confirmation - buy
- MEF - positive divergence (waiting for a reversal day on big volume)
BANKS:
- TLV - exit the channel - possible range
CHEMICALS
- CBC - wait one more day : if support holds buy otherwise : just watch :)
- PCL - wait for a better price
METALS:
- COS - buy at the end (of course if we have a green day)
PLASTICS :
- PPL - broke 3.1 resistance - if holds buy
OTHERS:
- CERE - trend confirmation- buy
- ARTE - trend confirmation - buy
June 14, 2007
spotted on 14th of June
AUTO & REL
- UPET - keep an eye on it
CHEMICALS
- PCL - prepare to buy
- CBC - keep an eye on it
FOOD
- UARG - keep an eye on it
METALS
- COS - trend confirmation day
PLASTICS
- PPL - keep an eye on it
TRANSPORTS
- APC - keep an eye on it
OTHERS
- METY - buy
- CERE - trend confirmation day
- UPET - keep an eye on it
CHEMICALS
- PCL - prepare to buy
- CBC - keep an eye on it
FOOD
- UARG - keep an eye on it
METALS
- COS - trend confirmation day
PLASTICS
- PPL - keep an eye on it
TRANSPORTS
- APC - keep an eye on it
OTHERS
- METY - buy
- CERE - trend confirmation day
June 11, 2007
June 8, 2007
spotted on 7th of June
AUTO&REL
-UPET - BUY
CHEMICALS
- CBC - BUY
ELECTRICAL
- ELZY - SELL TO BUY LATER
TRANSPORTS
- APC
-UPET - BUY
CHEMICALS
- CBC - BUY
ELECTRICAL
- ELZY - SELL TO BUY LATER
TRANSPORTS
- APC
June 4, 2007
spotted on 4th of June
AUTO&REL
- UPET - lack of liquidity
- MECF - ckeck odd maybe you'll find a good price
- CMP - buy another 500
- UPET - lack of liquidity
- MECF - ckeck odd maybe you'll find a good price
- CMP - buy another 500
June 3, 2007
spotted on 3rd of June
INSURANCES
- ASA
- ASRA
METALS
- COS
- CMF - still buy
OIL & REL
- COTE
TRANSPORTS
- APC
- ASA
- ASRA
METALS
- COS
- CMF - still buy
OIL & REL
- COTE
TRANSPORTS
- APC
May 30, 2007
spotted on 30th of May
Electro:
- ELZY - buy
- VAC - buy 1000 at 1.3100
- COS -buy 100 at 8.0
- SOCP - buy 5000
- MECF BUY 100 AT 12.1000
- ELZY - buy
- VAC - buy 1000 at 1.3100
- COS -buy 100 at 8.0
- SOCP - buy 5000
- MECF BUY 100 AT 12.1000
May 29, 2007
May 27, 2007
spotted on 27th of May
May 14, 2007
May 9, 2007
May 3, 2007
May 2, 2007
preparing the 3rd of May
FINANCIAL:
financial results finally approved :
1. SIF 3 - increase of capital (for each stock a new one will be generated) - today SIF3 took off like a rocket ( +13%)
2. SIF2 - 0.06 ron / share - as expected - waiting to fall tomorrow as a result of "deceived share holders"
3. SIF 5- 0.06 ron / share - as expected - the same expectations as for SIF2
financial results finally approved :
1. SIF 3 - increase of capital (for each stock a new one will be generated) - today SIF3 took off like a rocket ( +13%)
2. SIF2 - 0.06 ron / share - as expected - waiting to fall tomorrow as a result of "deceived share holders"
3. SIF 5- 0.06 ron / share - as expected - the same expectations as for SIF2
May 1, 2007
preparing the 2nd of May session
April 25, 2007
preparing 25th of April
April 23, 2007
preparing 24th of April session
April 22, 2007
preparing 23rd of April session
April 16, 2007
trading system - Open Interest
- Prices up and OI down => short sellers are covering their positions Money is therefore leaving the marketplace and is considered bearish.
- price up
- price flat and OI up => trend reversal
- price flat
- Price down and OI up => new money is coming into the market, showing aggressive new short selling. This scenario will prove out a continuation of a downtrend and a bearish condition
- Prices down and OI down => the price decline is being caused by disgruntled long position holders being forced to liquidate their positions
Price | Volume | Open Interest | Interpretation |
Rising | Rising | Rising | Market is Strong |
Rising | Falling | Falling | Market is Weakening |
Falling | Rising | Rising | Market is Weak |
Falling | Falling | Falling | Market is Strengthening |
PERSONAL ADD: the divergence between VOLUME and OI it's a factor that you have to take into account see the picture here
preparing the 17th of April trading session
AUTO & RELATED
Today I bought 1000 CMP at 1.44 based on the previous day's research. I told you that It will break the 1.4 resistance. Go CMP !
BANKS
- BCC - still fighting with 0.62 resistance
- BRD - tremendous day (+5.19) The resistance at 2.2 was broken and also the RSI downtrend was broken.
SIFS
- SIF 5 - looks like a double bottom
- SIF2 tried to break the 3.12 resistance. It went up to 3.17 but couldn't hold the price level and came back at 3.12. Along with the decrease of open interest and the volume downtrend I hope a reversal of trend is near. Have a look at the market in depth and look at the 4:1 ratio between sell orders and buy orders.
Today I bought 1000 CMP at 1.44 based on the previous day's research. I told you that It will break the 1.4 resistance. Go CMP !
BANKS
- BCC - still fighting with 0.62 resistance
- BRD - tremendous day (+5.19) The resistance at 2.2 was broken and also the RSI downtrend was broken.
SIFS
- SIF 5 - looks like a double bottom
- SIF2 tried to break the 3.12 resistance. It went up to 3.17 but couldn't hold the price level and came back at 3.12. Along with the decrease of open interest and the volume downtrend I hope a reversal of trend is near. Have a look at the market in depth and look at the 4:1 ratio between sell orders and buy orders.
SIF2 | 3.1200 | 1.6 % | 4/16/2007 15:20 | ||
nrob | cant bid | pret bid | pret ask | cant ask | nroa |
2 | 25,800 | 3.1200 | 3.1300 | 17,800 | 1 |
8 | 35,900 | 3.1100 | 3.1400 | 56,900 | 4 |
6 | 112,200 | 3.1000 | 3.1500 | 114,500 | 4 |
4 | 40,000 | 3.0900 | 3.1600 | 170,000 | 4 |
1 | 3,300 | 3.0800 | 3.1700 | 44,700 | 11 |
1 | 2,500 | 3.0700 | 3.1800 | 107,400 | 12 |
3 | 4,800 | 3.0600 | 3.1900 | 203,800 | 8 |
6 | 10,300 | 3.0500 | 3.2000 | 281,900 | 20 |
6 | 56,700 | 3.0400 | 3.2100 | 212,000 | 2 |
5 | 51,900 | 3.0300 | 3.2200 | 106,000 | 2 |
42 | 343,400 | 1,315,000 | 68 |
lessons learned
1. Nobody forces you to enter a trade.
If you are not sure about a certain trade DON'T DO IT
2. DO NOT TRADE AGAINST THE TREND ( For Spot market look at the weekly and daily trend, for futures market look at the hourly and daily trend)
If you are not sure about a certain trade DON'T DO IT
2. DO NOT TRADE AGAINST THE TREND ( For Spot market look at the weekly and daily trend, for futures market look at the hourly and daily trend)
April 15, 2007
preparing the 16th of April trading session
AUTO & RELATED
Compa looks well and a major trend line is closer an closer
BANKS
- see my post regarding BCC
SIFS
- BRK - remember to cancel the order at 2.01 ( negative rsi and stochastic trend on daily chart)
- SIF3 back in the channel. Will it stay there ?
- SIF 2 - resistance at 3.1 .
OILS
- PTR , RRC
Compa looks well and a major trend line is closer an closer
BANKS
- see my post regarding BCC
SIFS
- BRK - remember to cancel the order at 2.01 ( negative rsi and stochastic trend on daily chart)
- SIF3 back in the channel. Will it stay there ?
- SIF 2 - resistance at 3.1 .
OILS
- PTR , RRC
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