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Daffy Trades Micro Patterns under $1

Re: Daffy Trades Micro Patterns under 50c

Those being watched carefully

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Re: Daffy Trades Micro Patterns under 50c

Update

Moved AVQ stop to B/E
2 more prospects.

While the All Ords is trading below its 180 day M/A
I will only be taking trades in sectors where they are
trading above their 180 day EMA day


The two prospects shown are.

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Re: Daffy Trades Micro Patterns under 50c

Two More that meet my criteria.

Micro 29.jpg
 
Re: Daffy Trades Micro Patterns under 50c

A2M Jumped out of the box this morning on
News.
Big gap.
Currently on a buy stop order of .63c (Even though its jumped over our 50c limit.
This is still a legitimate setup)
If price trades here or falls back toward the centre of the gap Ill include it in our
portfolio (From a setup here)
 
Re: Daffy Trades Micro Patterns under 50c

Currently on a buy stop order of .63c
This is going to be interesting. Last one to buy at the top - Tech/A :D. Nah, we'll know soon enough.
 
Re: Daffy Trades Micro Patterns under 50c

This is going to be interesting. Last one to buy at the top - Tech/A :D. Nah, we'll know soon enough.

2 setups
The buy stop at 63c is if the stock belts away.
The other is if it stalls and then a setup if it resumes.

So I may not buy at 63c I could buy well earlier.
 
Re: Daffy Trades Micro Patterns under 50c

Current open trades and adjustments.

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Re: Daffy Trades Micro Patterns under 50c

2 setups
The buy stop at 63c is if the stock belts away.
The other is if it stalls and then a setup if it resumes.

So I may not buy at 63c I could buy well earlier.
So you are in A2M at 63cents. Entry strategy worked a treat on this occasion. Well done Tech/A.
 
Re: Daffy Trades Micro Patterns under 50c

So you are in A2M at 63cents. Entry strategy worked a treat on this occasion. Well done Tech/A.

This will do one of 2 things.
Continue or correct.
As it's risen vertically it needs at best to consolidate
Before continuing.
It could reverse as aggressively as it has risen.
As such I am goingto be aggressive with stops
Moving this morning to .61c
 
Re: Daffy Trades Micro Patterns under 50c

A2M an inside day---happy

1 stop and 1 Buy

Micro 32.jpg
 
Re: Daffy Trades Micro Patterns under 50c

2 more prospects

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Re: Daffy Trades Micro Patterns under 50c

One raised stop and one continuation pattern for a possible pyramid.


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Re: Daffy Trades Micro Patterns under 50c

SBM

Added 1/2 a parcel--Risked $150
Buy .52c Stop .48 on this trade if it goes pear shaped.
3750 shares.
 
Re: Daffy Trades Micro Patterns under 50c

State of play as at 27/06


Losses

ADJ $ 112.50
CLQ $ 450
PRU $ 450
SHE 1 $ 300
WEC $ 100
ESI $ 300
SHE 2 $ 300
SOR $ 225

Total loss $2183.50

Current open trades and + or -
AHZ - $30
SEN - $ 75
SBM 1 +$ 420
SBM 2 +$ 112.50
AVQ +$ 240
A2M +$ 150
VAH + $130

Total Open Profit $975.50

Current loss on $30K capital 4%

If we use 15 may as the starts date and use the XAO as a benchmark 5741
current difference 5536 or 205 = negative 3.5%

So while I'm not over the moon with performance
A lot of loses initially and nothing really underway
So at least capital preservation is in tact.

I will + - every month.
 
Re: Daffy Trades Micro Patterns under 50c

One new one for the
watch list

Micro 35.gif
 
Re: Daffy Trades Micro Patterns under 50c

AVQ
Stopped at B/E
 
Re: Daffy Trades Micro Patterns under 50c

CKA

Difficult to get on.
Not enough volume yesterday
30000@10C Stop .089c
This morning.
 
Re: Daffy Trades Micro Patterns under 50c

New one for the watch list.

Micro 37.gif
 
Re: Daffy Trades Micro Patterns under 50c

MAH has been triggered.

Some portfolio management tonight.
There are some trades which while in the positive haven't moved out
strongly enough and others who have moved away far enough
to further reduce exposure.

Click To Expand

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