Power Strategy #3 - Go Long + Uptrend Arrow

Hi there,

I did a stock scan for end of day and the above stocks are picked up by the Blue Diamond Scanning System.

I am particularly interested in the first stock that is listed," Biosenor" which has good amount of transaction today.

Below is the chart which shows clusters of bullish signals, "Test Base + Go Long + Uptrend".
This is a powerpack combination and I am sure that this stock has more to show us in the near
term even the overall current market condition is weak and indecisive.

For the this trade, cut loss is set at $1.12 and below, the target is near $1.30 - $1.35, duration: 1month ++

The Power of Diamond Trading for Maximum Returns

This stock is picked up by Diamond's Scanner for potential Long or Short Order this week.

The diagram above demonstrated how the Diamonds (Long or Short) were triggered in the past

and providing enormous profit advantage and reduced risk (cut loss was placed just below recent

support or resistance level).

Thanks for reading! More Profitable Trades ahead.

How to know when to sell when the stock is IN-THE-MONEY now?

 With reference to Sample 8, a much earlier blog post as below:
http://volume-price-spread-for-metastock.blogspot.com/2010/10/sample-8-simple-strategy-to-cut-loss.html

I am going to demonstrate on how I manage to hold on to a stock until the trend is against me and I am force to take money out from the stock.

After transacting this stock on 21st Oct which counted as Day 1, I waited for the next 10days to see if the
cut loss will be triggered and I will be out of this game.

Fortunately, the stock trended higher after Day 1 until today which is the Day 10. Within 2 weeks, price managed to trade higher without trigger the cut loss system, so how am I going to manage this trade from here onwards. The strategy is clearly defined in the Sample 8 in this blog or click on the above hyperlink which will bring you to the post that I have created much earlier to demonstrate how I protect profits from a stock.

Back to this stock again, on Day 11, I will be switching to weekly chart instead of daily chart to monitor
the stock price. The reason is simple as I want to give the stock some room to move.The weekly chart is
good at reducing unwanted short term noises and provide smoother trend. Daily chart is easily manipulated and a good negative day can easily send you out of the game and stock continues to climb higher within the same week. Therefore inorder to prevent such incident to happen, I switch over to weekly chart to monitor the trend and channel strength while using the daily chart to detect short term weakness and price fluctuation.

So when will I take profit or exit this trade? From now, I have to wait for the Sell signal to appear in the future. When that happen, I will follow-up with another chart that explains why I decide to quit and take
profit instead. Till then, continue to follow me through this trade..It may take days, weeks or months ahead,
when the time has come to take profit, you will be informed without gimmick.

This is also to demostrate how anyone can trade a stock effectively which still working for earned income.

Best of all, you can enjoy trading stock at your comfort level and make subtantial income to pay for your luxurious toys or food.

Trading is not without RISK, you must accept RISK inorder to trade. I respect RISK and I manage IT.

Thanks for Reading!

How to know if a stock will continue to TREND HIGHER?

Look at the huge transaction day and wide price range as shown by the enormous volume bar

denoted by the black arrow.

Usually, the stock will  be subjected to profit taking. As such, I need to know if the selling pressure

is strong enough to digest all the profits made in a day.

Using the high transacted day price as reference, obtain the Pivot Level for that day. As shown in

the chart, the Pivot Level is $1.20, therefore this value becomes the new profit protect level from

now.

As long as price continues to trade above $1.20 and above, I will continue to hold on to the stock until this level is breached or a new profit protect level is set after the price moves much higher.

In this way, I can secure some profits if the price starts to tumble below the Pivot Level.

The reason why many fails to survive in trading is due to lack of Money Management System which needs not to be complicated. You need to know when to sell or buy, when to cut loss or take profit.

Never be greedy to make another cent. When I sell, I choose to sell to the Ready Buyers and when

I buy, I choose to buy from the Ready Sellers and close my notebook to do my job as an employed

IT Engineer.

You need not stick to watch the stock price ticking real time, that will definitely kill you as a newbie.

I did that for nine solid months full time in 2003, great profits but intense stress and I hate to stress

myself while making money.

Trading should be fun and easy to do like watching a movie and indeed after years of improvising new

trading strategy, I develop this current trading system that can provide me with portfolio income while

working on earned income.

I can be reached at failureisnotachoice@gmail.com if you want to share your trading skills.

Thank you for reading again!

Power Strategy #2 - Test Base+ Go Long combination



After a weak market was triggered in January 21st 2010, the stock price tumbled $0.40 and found base

in early February as detected by expert signals (Price Pull Back Up and Demand Coming in).

For risk averse traders, this could be opportunity for trade but for my trading style, I would like to wait a little

longer to observe if the trend was indeed trending higher. I would wait for the price bar to change from Red Colored Bar to Green Colored Bar and the Trend Cluster at the bottom of the chart (just below Volume Bar) turned from Red to Green.

Luckily for me, I have a proprietary scanner that would pick up stock that meets such a strict criteria (Test Base + Go Long1) from the chart above.

This combination means that after some weaknesses in the background for sometimes, the stock is nolonger falling south (Stage 4)  but starts to move sideway (Stage 1) to consolidate strength.

Once the strength is built up to move northward, a "Test Base" is usually good to know that the selling activities have been absorbed and price is ready to move up with no selling pressure.

With "Go Long1" picks up after "Test Base", I know that the Professionals are ready move this stock price higher definitely. Look at the chart above and see for yourself.

Again and again, this combination is always ready to pick up any stock that is ready to stage an upmove.

Although there is no certainty in trading, there is always the probability of a good setup with strict money

management scheme to capture this profit opportunity.

Thanks for reading and many Profitable Trades ahead!



Power Strategy #1 - Stopping a down move + Go long combination

     (A stock from KLSE, Malaysia)  

       (A stock from Singapore)

Woo, this is one of the many combinations that my Powerful Stock Scanner can pick up.

At first, price started to pull back towards moving average line and broke down. Falling price
was halted by "buying-in" from the Professionals and this was automatically alerted with a symbol
below the price bar.

Immediately after the price was supported (Climatic Action), Professionals continued to move price
higher. Price closed near the day high denoting enthusiasm to move higher the next day.

The Professionals aggressively accummulating the stock was denoted with a Blue Diamond symbol.
This was clearly illustrated again in the Mid-April and Early-June.

In many cases where Blue Diamond appears, price will immediately move higher away from the cutloss trigger set from previous day pivot level. So if the cutloss level is not triggered, continue to hold the stock and
adjust the cutloss level as price moves higher to protect the profits.

Do not be greedy, be happy to exit the trade if the profit protect level is triggered.

Use the scanner to pick the next potential stock for such a combination again in any stock exchanges.

Next posting, I will show Power Strategy #2 - Testing Base + Go Long Combination.

This is where the Professionals will probe the stock price to see if there is anymore sellers before
launching a delibrate pushing up of the price quickly.

Catch up with you again, bye.

14th Oct - Sold off the remaining 50% of Golden Agri Shares. Found Weakness!

As expected, today's traded volume is much lower than yesterday massive volume as such

I watched the price bar closely.

As compared to yesterday's price range (high - low), today's price range is much narrow due to

the fact that there are still potential sellers where the demand is met by strong supply therefore

the price is locked within a tight trading range.

The weakness is confirmed when price closed at day low with high volume. If the Professionals

are interested in higher price, we should be expecting further upside today but this is not the case.

For now, I am expecting price to find support level near to yesterday's pivot level @$0.64 before

testing the near term price target of $0.72 level in weeks ahead.

Just be happy with what I harvested, move on to the next profitable catch using Diamond Scanner again.

Good Luck and Many Profitable Trades ahead!