Pavilion103's LIVE ASX Momentum Setup Trading Thread

[pavilion103]

The new setups

 

[pavilion103]

Update of portfolio.

More pending setups than capital available.

We will see what triggers

 

[pavilion103]

Will need to keep an eye on these. If the XAO moves then we are well placed. I like the setups forming and there are a lot of them.

If things turn I will need to go defensive and into capital preservation mode.

 

[debtfree]

Hi Pav,

Just trying to upload a chart of the Setup 1 Trade SEN, hope you don't mind. I don't know if I have the right size or not to fit, it is a PNG file so here goes. If not I'll have to chase down the easiest way of doing it.

I have taken the liberty of adding the S/L adjustments as the trade has moved along according to your comments or I had a guess to when you would have moved them if not mention on the day. Feel free to correct any wrong days of when you made the decision to adjust S/L's EOD.

No worries if you don't see this for days.

Here goes

 

[tech/a]

Unique stop loss placement.

 

[debtfree]

Was it managed well Tech since buying?

Always interested in the views you 2 guys have and how you manage your trades.

Plus, I know Pav has been swamped of late.

 

[tech/a]

Was it managed well Tech since buying?

Always interested in the views you 2 guys have and how you manage your trades.

Plus, I know Pav has been swamped of late.

How Id play it.

 

[pavilion103]

I never know how to trade those. As you can see it's different from all my other setups. More speculative.

I'm going to take Tech's thoughts on board and move my stop there.

Happy for input. I admit I'm a bit lacking in understanding with these ones.

 

[debtfree]

Appreciate your analysis of this trade Tech and your thoughts going forward.

Besides a few bars it did concern me that most bars have not been finishing near the top of the bars which made me think, are buyers really keen on this one? Or is this not to be really worried about?

I know you have said before you don't need high volume for a share to go up but I thought it would need for buyers to push the closing price to the top of the bars a bit more often than what is displayed here.

 

[pavilion103]

Cancel setup 23.
Trading halt.
Was NAN.
We are already in this one.

 

[pavilion103]

Setup 16 cancelled

Triggered:
Setups 20, 21,22,23,24,25

Just a shortage of time to post lots of charts.

NAN trading halt

setup 22 very interesting

 

[pavilion103]

 

[Nortorious]

Hi Pav,

Nice work keeping this thread active and putting on more and more content etc. Great effort!

I'm interested to know what the stats are for the current portfolio given this has been running for awhile now. Don't need all the metrics, but just overall % increase since it started.

Keep up the excellent posting!

 

[pavilion103]

New setups

 

[pavilion103]

Updates.
Almost 70% of capital in use.

Light blue = active trades
White = pending
Green/Red = winners/losers

Yellow = any adjustments made since last post.

 

[pavilion103]

The standout performer to this point

 

[pavilion103]

One more....
Plenty to keep us going

 

[debtfree]

Hi Pav,

Setup 1 - SEN ...... didn't you move the S/L to B/E? Looks like it's still active in your spreadsheet. My chart shows the bar went through the B/E line and back up again. Did it not sell enough shares to knock you out?

 

[tech/a]

SEN

Pav suggested he was going to consider my comments.
To clarify my comments on the chart
I would have moved to B/E if the current bar was taken out.
It wasnt so I presume Pavs stop of .8 was!

 

[pavilion103]

SEN

Pav suggested he was going to consider my comments.
To clarify my comments on the chart
I would have moved to B/E if the current bar was taken out.
It wasnt so I presume Pavs stop of .8 was!

Exactly. I said that I lacked experience with these and decided to gladly adopt Tech's trailing stop.
I thought I made this clear. Maybe I didn't?
Can't remember what I wrote. But I changed it in my spreadsheets.