Friday, April 29, 2011

What happen to the US Portfolio after I revised the stocks to replace?

On 23rd April, I did a portfolio update and remove two stocks and replace with a few stocks
that triggered the Blue Diamond "Go Long" expert indicator.

If you miss the earlier post, click on the link below:
http://volume-price-spread-for-metastock.blogspot.com/2011/04/using-same-trading-system-on-us-stocks.html

A week after the portfolio update, the portfolio has gone up usd22K as shown below:

There is no coincidence or luck factor, this is real stock analysis by understanding the activity of the
Smart Money and trade alongside to increase the opportunity of making good trades.



How to trade without Technical Indicators and Still Do Well?



There is no secret in my trading strategy. Without using complicated formulas to create lagging indicators,
I am better off using the only real time leading indicators, Price and Volume only.

By classifying a stock into CLASS A (stock without know resistance on the left), CLASS B (stock with
multiple resistances on the left), CLASS C (stock that is moving down with lower peaks)

By classifying a stock into 4 Stages, Stage 1 - Accummulation, Stage 2 - Advancing, Stage 3 - Distribution,
Stage 4 - Declining.

My favourite long trade setup: CLASS A + Stage 2.
My favourite short trade setup: CLASS C + Stage 4.

Long trade always happens in the BUY ZONE (1/4) and Potential Profit Taking is in SELL ZONE (4/4)
When go long, make sure that the channel is pointing up and the angle of ascending is at least 45% above,
the steeper the slope, the more aggressive is the Market to move the price higher. Likewise do the
opposite for Short trade.

There is no certainty in trading, we are dealing with probability, as such remember to plan CUT LOSS.





Saturday, April 23, 2011

Another Powerful Display of the Black Diamond, Look out for "No Demand" on the next 2 bars


Once Black Diamond appears, look out for the next two bars to see if there is no demand. If no demand
bar is detected (upbar with volume less than the last two transaction volume), it qualifies as Short Sell Candidate.

Past posting on similar topics as follow: Read if you have missed it earlier.

http://volume-price-spread-for-metastock.blogspot.com/2011/03/another-demonstration-of-newly.html
http://volume-price-spread-for-metastock.blogspot.com/2011/02/new-developed-indicator-that-inform-you.html
http://volume-price-spread-for-metastock.blogspot.com/2011/03/new-scanner-picks-up-stock-for-shorting.html

Using the Same Trading System on US Stocks - Portfolio update on 210411


Reshuffle the portfolio with some stocks such as "BBT" and "POM" will be taken out while
4 additional stocks that trigger "Go Long", Blue Diamond System have been added.
(This is a trial account from http://www.updown.com/ where I test and finetune the indicators and scanners
programming).

The Golden Rule of Trading