Sunday, July 29, 2012

Thoughts in Arts : ABA

The Market is dark and full of terrors...

(Click Image to Enlarge)

While Distribution is evident in ABA. 
It does not mean price will NOT go up.

Saturday, July 14, 2012

Swing Trading vs. Trend Following

Select Your Race

This post is dedicated to all the newbies at Newtoys Tinychat. 
This is just a snapshot, coupled with some of my thoughts, of how Swing Trading and Trend Following look like. 
If you would like to learn more about the methods mentioned here, do your homework and Google it.

Usual Swing Trader Chart - WITHOUT the other indicators (MACD, RSI, STS, OBV, etc.)

Looking at this chart - a swing trader would have 10 times the opportunity to make a killing trade on PXP. 
But doing so requires a lot of time, effort, knowledge and guts to be able to successfully make the trade...

Rewards are Greater in Swing Trading.

But so are the RISKS.

Now to Trend Following:

Trend Follower's Chart - Effective even with only one indicator : The Moving Averages.

Trend followers on the other hand, buy and hold stocks until one of their selected moving averages "snaps." 

In this case, following the 20 Day MA which hasn't snapped... YET!

This method can oftentimes be stress-free and only requires the trend follower to be patient.

So to the Padawans, you could try doing both and see for yourself which method suits you. 
Choose your path wisely. Your Trades Reflect your Character.

Here's some stats I gathered that might help.

But whatever side you're on, what matters is that by the end of the trade, you make a profit.

Monday, July 2, 2012

Investor Mode : PNB

Using TA, I'm trying to find and "time" good
[strong fundamentals] stocks for long term investment.

Not really the best of banks, but it's one of the best bank stocks to trade in the market.

It's been a while since I last did this...
This is my second time to post under 'Investor Mode' tag.. You know me, I love volatility!
But I make special cases especially when I see potential future flyers.

Here's my last post under Investor Mode:

Here are your PNB Charts:

(Click Images to Enlarge)

PNB 6 Months Daily View

(PNB All time Weekly Chart)

By the way, PNB Registered Php103,703,313 NFB Today.

Something's cooking.. Maybe something in their 1st half reports..
Maybe something else... But of course... that's all in my crazy head...

As one of my teachers in FM put it:
"Price Action Always Ahead of News..."

If those key resistances are breached, HOLD until your greed is satisfied. Hihihihi. 

Buy on dips... Follow the trend...

Timeframe: 3-6 Months
PD: None as of the moment.