Hi There
This is another chart showing the powerful Diamond Scanner that picked up Sunvic on both "Blue Diamond" occasions. The strategy to buy is to wait for the next day after the Blue Diamond appears, this is to make sure that the stock continues to trade higher before a Long trade can be transacted because the Pivot level on the Blue Diamond's Day is used as risk control or cut loss level.
Sure enough, when Blue Diamond appears, price will always move quickly higher and without triggering the
tight cut loss level. For e.g. on 07/09/10 cut loss level was set as $0.33, and 4/10/12 trade, cut loss was set at $0.39.
Both of the two cut loss level were not triggered and price soared higher from there.
This is how I Scan for Potential Setup, Analyze if the Diamonds are Genunine Before I invest in these Pretty Stones.
Current trade such as Osim is over 50% Profits level and previous trade of Golden Agriculture of 35% possible Returns. Recently just transacted Biosensor on 23/11/10, and price moved away from the cutloss
since day 2 and until today it is still "IN THE MONEY". Would it be good if the stock moves towards
break even level after purchased each time.. You Bet.
None of my trading method involves complicated formulas or popular technical indicators used.E.g. MACD,ADX, Stochastics Oscillators, RSI, RMI.
Just by simply understanding the nature law of Demand and Supply, Lack of Demand and Supply with
drawing of Channel lines, support and resistance levels and Simple Moving Averages. I can easily determined
the FORCES behind the Professionals activities and enjoy a good hell of a ride with them.
Till then, Happy Profitable Trading Ahead!
