Category Archives: Trading Signal

Paper trade: Long EUR/USD 50% @ 1.49212, stopped out @ 1.4875 (-46.2 pips)

EUR/USD looked as though it was going to break through 1.50 when it broke 1.49 (Fig. 1).  I waited til it marked a short term top at 1.4920 (Fig. 2) and then placed a stop entry just above it at 1.4921.  EUR/USD traded above it for a few hours but failed to break 1.4970.  It [...]
Also posted in Major Pairs, Trading How-tos | Tagged entry, EUR, exit, paper trade, USD | Leave a comment

Week of Sept 20, 2009: In-play stocks watchlist

Out of this week’s 10 candidates, I’ve only been able to identify 4 that are presenting playable setups. Christopher & Banks Corp. go long above $8.10.  Stop at $7.70.  Target $9.00.   Click here to continue reading... (95 words, 4 images)
Also posted in Stocks | Tagged breakout, inplay | Leave a comment

Week of Sept 13, 2009: In-play stocks breakout results

Last week, I identified 5 stocks with earnings release scheduled for the week and with obvious setups for a breakout.  They are AIR, APOG, CKR, DBRN, and MLHR.  Of which, AIR, APOG, and CKR have inched up steadily.  DBRN’s up trend was very choppy.  And MLHR was way too much into a move already for [...]
Also posted in Stocks | Tagged inplay | Leave a comment

More inplay stocks with easily identifierable setups for next week

Also posted in Stocks | Tagged inplay | Leave a comment

A recollection of my analysis for buying when S&P broke down to 820 today

Finally!  I have been waiting for a bear market rally for weeks!  I decided to go full long after the bounce from 820 today.  Refer to that post for details of my entries.  In this post,  I would like to discuss why the 820 bounce gave me the confidence in going all in despite widespread [...]
Also posted in Self Assessment, Stocks | Tagged good trade, market analysis | 1 Comment

Stock move estimation on expiration day based on option prices

I’d like to document a useful technique I picked up today from Tom Sosnoff on ShadowTrader.  It’s based on the idea that option pricing has become so efficient that it can be used to predict actual stock move. Since it is expiration Friday this week, the Oct 08 index option are expiring in two days.  [...]
Posted in Trading Signal | Tagged indicator | Leave a comment

Back to Basics: Market sentiment via 2-line EMA on S&P500

One of the most, if not THE most, important theme in trading is identifying if we’re in a bull or bear market.  It’s easier to “ride with the wave” than to fight against it.  While there are an abundance of work, studies, theories, or whatever, on calling out market sentiments, I feel that the most [...]
Posted in Trading Signal | Tagged indicator, market analysis, S&P 500 | 1 Comment

Reversal with Stochastic, CCI and Keltner Channel strategy

This is a trading strategy to catch a turn in trend using Stochastic, Commodity Channel Index (CCI), and Keltner Channel. Here’s the concept. Enter position on concurrent signals from the following indicators. CCI (which marks a turn), Stochastic (in corresponding overbought or oversold zone for confirmation), and Keltner channel (relative position of the current price) [...]
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