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How to Swing /Opportunity / Position Trade?

Hello everyone,

I'm waiting for trigger tomorrow for DBS, today it was closed a bit up. I'm mainly look at the CCI is low and the bar is between 40 & 20 MAs. Does anyone has any ideas what do we need to look at beside looking at CCI and MA?

 

http://gancl.blogspot.com/ ; Cheer!

 

Hi all,

Check out Wilmar, huge jump to today with ATR around 0.22. Pity about the bar though, it pulled back below 50% of the day's range ....may correct a little tomorrow..Standby for action!!

 

Thanks Richtan

I am looking forward to your sharings as well!

Peace,
Ferrowolf

Check out my personal trading journal here.
Meant solely for self-educational purposes, please feel free to leave comments.

 

Hi Ferrowolf,

Great post n great journal.

Look forward to more of your sharing and postings and chart analysis in this forum for the benefits of fellow forumers n newbies.

Ferrowolf      ( Date: 13-Aug-2009 10:26) Posted: Hey everyone, Back2Basic, I believe you were replying about Ausgroup? I agree with u there, in terms of relative strength to the index, ausgroup isn't quite performing. pcwlc66, the fed announcement held no surprises, but it certainly created a lot of volatility in the forex markets! Commodity counters are going crazy. On Indoagri, $2.00 should provide some psychological resistance. Fibo projections indicate $1.79 on the shorter term and $2.15 in the mid term, depending on where you drew your points. Today we broke 1.79, perhaps around $2.00 in this week or next should be a good place to take profit. In a run like this, I personally think it's a good idea to leave a small position running with a trailing stoploss, cos you never know how high this puppy could go. Midas is a slow and steady counter it seems, trend is certainly up. In fact, today it gapped up above the previous swing high. Gap has been covered, likely we'll see further upside in the days to come. Peace, Ferrowolf Check out my personal trading journal here. Meant solely for self-educational purposes, please feel free to leave comments.

 

Hey everyone,

Back2Basic, I believe you were replying about Ausgroup? I agree with u there, in terms of relative strength to the index, ausgroup isn't quite performing.

pcwlc66, the fed announcement held no surprises, but it certainly created a lot of volatility in the forex markets!

Commodity counters are going crazy.
On Indoagri, $2.00 should provide some psychological resistance.
Fibo projections indicate $1.79 on the shorter term and $2.15 in the mid term, depending on where you drew your points.
Today we broke 1.79, perhaps around $2.00 in this week or next should be a good place to take profit.
In a run like this, I personally think it's a good idea to leave a small position running with a trailing stoploss, cos you never know how high this puppy could go.

Midas is a slow and steady counter it seems, trend is certainly up. In fact, today it gapped up above the previous swing high. Gap has been covered, likely we'll see further upside in the days to come.

Peace,
Ferrowolf

Check out my personal trading journal here.
Meant solely for self-educational purposes, please feel free to leave comments.

 

Momentum is slowing, it has made a good run...and possibly hit .65 before it comes down. Slight divergence showing, Medium trend still up. I suggest you take some profit (40%)

 

ausgroup is still going up ? indoagri is going up like mad.. what is the target price ?

www.collinseow      ( Date: 05-Aug-2009 11:23) Posted: Swing Trade Short term trade of within 3-5days , This take advantage of the short term weakness in the bullish market to go long  and a short term strength in the bearish market to go short. My strategy use 2 sets of moving average and CCI for setup together with candlesticks reversal for trigger   Opportunity Trade Short term trade of with 1-5 days This take advantage of wide range bars reversals or narrow range bar breakout. My strategy use set candlestick patterns set up and reversal   Position Trade Long term trade of more than 2 weeks Using a mechanical system thru Metastock which I called CSI trade system It has preset rules of entry , stop loss , re-entry and trailing stops.

 

MIDAS break out? US Market now up 130pts before Fed's decisio. any surprises? shawn

 

Swing Trade

Short term trade of within 3-5days ,

This take advantage of the short term weakness in the bullish market to go long  and a short term strength in the bearish market to go short.

My strategy use 2 sets of moving average and CCI for setup

together with candlesticks reversal for trigger

 

Opportunity Trade

Short term trade of with 1-5 days

This take advantage of wide range bars reversals or narrow range bar breakout.

My strategy use set candlestick patterns set up and reversal

 

Position Trade

Long term trade of more than 2 weeks

Using a mechanical system thru Metastock which I called CSI trade system

It has preset rules of entry , stop loss , re-entry and trailing stops.