The Power of Volume & Price Analysis without Complicated TA

Is it safe to trade stock in a downtrend? - Genting dated 210611

Well today stock market started to move up but is it time to get in. In every downtrend, allow 1 upday
to happen, if more than 1 upday consecutively occur, then there is a possibility of trend changing and
command further analysis.

In the Genting stock, volume is average with nice price closed near to day's high. In my trading system,
it is not ready to initiate a Long trade as more confirmation will be required. Price must first turns from
Red/Amber to Green Bar, and price must be above the trailing cut loss level which becomes a support
line for the price as it moves higher. Till then, just be patience and stay watching like a wolf waiting for
a good kill.

Trailing Cut Loss System: Keep a safe distance away to prevent trigger loss cut.

Is the Market ready for a rebounce soon?

Overall uptrend still intact, retracement is necessary to flush out weak players so that the stronger players
can accummulate more a base to stage a stronger upmove later. Further downside is expected with
support near 1250 level. Stay watch & cool.

Early Warnings are Blessing in Disguise

It is always helpful when the system provides early signal of weakness or strenght. I do not take the signal

blindly without double confirm if the overall trend channel has changed.

Just like when you hear from someone that certain stock is a good buy, do not take it as face value, dive

into the chart and perform thorough analysis before you take any action.

Trust yourself, your own money and initiatives. No one will care your financial health report, not

even your boss, friends, and relatives. YOU have to Mind your Own Financial Business and Take Charge Today.

Market has been sideway for a while, I take this as an opportunity to spot stocks for short term trading buy.

Good Luck Ahead!



Be Wary of Extremely High Volume at Upper Channel and May Mean Start of Distribution Activities

How do we know that the current trend has topped and may begin to topple?

This is not difficult to tell if you understand how the professionals will act in the Market.
This kind of massive distribution or transferring of inventories to the unwary investors and
traders usually happen in a bullish day where the news will be good, the particular stock
maybe rumoured to have potential good news and this get the average investors and traders
excite and causes them to take part in the chasing flee.

There is no free lunch, if you are getting advantage out of nowhere then it is time to think about
who is the other side that is selling to you. If the stock is so bullish, won't the other side wants to
hold longer to make more profits?

By understand the price and volume relationship and without complicated technical indicators,
it is possible to learn to see how the stock will response to the actual demand and supply of
everyday trading. Afterall the market is driven by the two strongest emotions of human beings,
GREED and FEAR. By understanding the collective activities of this unwary group of traders or
investors, you can know how the professionals will trade against this group which called the HERD.

This game is mean, there are sharks or wolves waiting for the untrained, greedy and fearful traders
and investors to fall into their traps. Always protect your trade setup with cut loss even if we
are super bullish on a setup, as I said many times, we are dealing with probability and no certainty.

Trade with cautious or consult your personal financial advisor before deciding to take trade.

Cheers

How I stock trade successfully using my Mobile Phone?

Good Day Traders

After taking up new job early this year, I was not able to trade freely as before. Therefore I have
to rely on the available tools that I have to make my hobby profitable as before. I use my mobile
phone to trade most of the time and now I can really trade freely again.

How I make use of my phone to make trading possible is not without planning? I have studied
 how I can make use of the "FREE" software from itunes to alert me when my buy price is near
or the profit taking level has reached. Before that I still do the normal analysis work on the market.

First I would pick up a couple of stocks for analysis and once a particular stock is picked for
potentialtrade the next day, I would have noted the a) entry price, b) cut loss price, c) exit price,
d) take note of the volume if it is above the average or lower.

When a stock is ready to stage a successful upmove, usually the volume will be average to high
and not excessively high. With this information  in place, I can start to plan my trade on my phone.

So what I use on my Iphone to assist me with trading ease, the following lists of tools are used:

1) Poems mobile by Philip Security
2) SG Stock Alert "Free" from itunes

First of all, I will run the SG Stock Alert and enter the stock price trigger level for high and low.

For example, if the previous day closed price is $1.00, I will set the high: $1.02, low: $0.97 for the
next day price tracking.  The High is the trigger long trade alert while the Low is tell me that the
stock is weak today after open and I will not trade this stock today.

I will enter a stock near market closing most of the time so that I know if the price is near the
high or low of the day before closing. Obviously I want to buy high price near market close with
substantial volume to support the upmove.

When the price triggers $1.02 during the day, it will sound and alert me that a trade to the long
side is possible, I will  log on to Poems mobile and check the transacted volume.

If the volume is healthy and above average to high with triggered price level, I will transact using
the phone. I DO NOT QUEUE TO TRADE. I don't queue to sell or buy. When i decide that I
want to buy, I will buy from the sellers' queue and when I sell, I do the same again by selling to
the buyers' queue. Once a transaction is done, an email with transaction information such as lot
size, price level will be sent to my email which I can immediately view my  email with push mail
feature on and get back to my normal work routine.

Ok, you may ask me what happen after I bought a stock. I will use the same application, SG stock
alert and set my near term target level and cut loss level. When any of the target level is triggered,
I will look at the chart and decide the appropiate action to sell or to keep.

If you are busy person like me, you may want to try to trade this way, no harm at all. I love the
conveniences and continue to trade profitable even with the phone.

Successful Trading needs to plan, trading is one of the toughest games as it involves the two
weaknesses of mankind, Fear and Greed.

Afterall, trading is just a small part of the game to compound or grow money, the bigger pie will be
investing on rental properties for passive income.

The fun about trading is that we are able to know which industries are performing or underperforming
by analyzing the sector index. By analysis specific Real Estate Index or Construction Index,
we are able to tell if the property sector is undervalued or overvalued.

When the property index is in undersold level, it maybe a good time to find value investing in real
properties. e.g. FT Real Estate Index was at the lowest during 2009 Q1.
If you have bought a property since then, you could be laughing away with the bank today.

Don't give up stock trading, don't despair if trading is not going anywhere. Stay positive, education
is very important.

Below is the application that I use for Stock Alert: