Simulated/Hypothetical trades

[tech/a]

Nothing has changed technically here so trade is still as started
Stop .14c and buy .155c

 

[tech/a]

This is a stop for me now.
Would keep on my watch list to see if it builds toward new highs or
fizzels down in price---at which time it would be culled from my watch list.

 

[PinguPingu]

Checked my 'simulated' watchlist/portfolio, had a buy @79.5c for LNC...

 

[pavilion103]

One that I am considering taking.

Very high RR potential trade. I'll place a limit entry at 0.135 with a tight stop at 0.13. I'll take a very small position.

0.135 appears to be an area of good support. A base has formed in the background, and I like the price action following the 15/1/2013 breakout on high volume.

 

[pavilion103]

DYE I like this one too. It's broken above the resistance at around the 0.16 area on ultra high volume and pulled back to this area. on much lower volume.

Maybe enter 0.175 stop 0.155. Maybe enter on open.

 

[pavilion103]

APZ - a good entry at 0.235? stop around 0.21

 

[pavilion103]

UNS - buy around 0.40-0.405, stop at 0.335

 

[tech/a]

Pav

Just one observation

You tend to take breakouts from areas of long term rectangular basing patterns.
If you take a look at some(all) of the charts we have been working with (off forum) you'll note
That I like to trade breakouts and potential breakouts from MICRO patterns.

This is an example we have been and are still trading.

Click to expand


I think its worth considering when looking for good potential trades and most definitely when adding to a trade (pyramiding) which you know I like doing on the way up not down!

Here is the same chart a few days further on.
Note the brilliant MICRO pattern

Really tight and hardly any risk.

Click to expand


MICRO patterns tend to be the spring mechanism.
Gaps up out of them with or without volume show
reliable strength in the breakout. Basically a quantifiable
break OUT of the pattern.

 

[tech/a]

Another good example I have just found.
Just something to look for.

 

[cbc1]

We think alike tech.....

Sooooooooooooo many times I have traded this pattern.

Again and again and again.........

 

[Gringotts Bank]

The flag. High tight flags have the highest success rate of any pattern. See Bulkow

 

[tech/a]

Its only one pattern.
I like among others.
Small
Rectangles
Triangles
Pennents
Singular extremely low volume bars in a
cluster bar pattern (Hard to explain but I know what I mean).

ALL of these patterns must remain in the top half of the current thust in the direction of the trade.

 

[cbc1]

Um yea tech,

I havn't been trading that long and only trade micro breakouts.

Il take your word for all those other patterns.

 

[pavilion103]

Another one I'm looking at.

AMM

- Trending to an all time high
- Tight micro consolidation pattern on very low volume
- Consolidating just above that enormous volume bar
- Strong relative strength to XAO (not sure how significant this is)

I've got a very tight entry @ 1.905 (above 20/3 and 21/3) and stop at 1.84 (below 20/3 and 22/3). I'm not sure if I'm jumping the gun and this needs to consolidate anymore. I could probably move the stop down? But this looks like a high RR opportunity.

 

[tech/a]

PAV

My thoughts Just a little loser on the trigger and stop.
Plus a what if clause.

click to expand.

 

[tech/a]

Another Perhaps

Click to expand

 

[pavilion103]

Tech, I've been analysing the trade management from our portfolio which is painting a clearer picture for me.

I have a question in relation to this: In a market that is now not trending upwards smoothly like the last few months, how does this impact trade management?
If one of these is triggered, am I looking to move my stop higher (or to breakeven) more quickly because stocks are less likely to go on with it in these broader market conditions?
Or does the trade management remain relatively similar?

I know we can discuss this bar by bar over email but what is the general 'rule' you would use.

 

[pavilion103]

Another Perhaps

Click to expand

View attachment 51460

An observation with this one is that it is not in an established uptrend. Why choose this one?

Consolidating near the top of the high volume around 31/8/12 bar.

What significance (if any) do you place on the relative strength of this stock at a time when the market has been falling lower in the previous 2 weeks?

 

[tech/a]

PAV
Will answer your questions later.

I would discard AMM as pattern has failed.
APN remains as yesterday.
There is a number of general " rules "
which I'll run through when more time.

 

[pavilion103]

Yes, AMM cancelled after trading yesterday.

There seems to be more consolidation patterns (mainly flags and triangles) appearing in my scans.