Technical Trading Exercise (Pavilion103 and tech/a) Discussion

[tech/a]

Thanks CanOz, I think I might have access to that one as well. Going on holidays so Ill have a lot to get through

Bulkowski's website will keep you in reading for about a year!

http://thepatternsite.com/

I do have another excellent pattern book at home which I have just purchased
very simple and very clear Ill post it up tonight.

Ah There it is on his site I knew he was involved in the book.
"Chart Patterns"

There is also another in the series on Elliott Wave (Not Bulkowski) For those who want to get their head around the concept.

The volume of work and research this guy has put out is ASTOUNDING!

 

[fiftyeight]

Excellent cheers guys.

Ill try and get through the Encyclopedia and some of the website.

I must admit I have only been reading and not studying but look forward to the quizzes to get me going in the right direction

 

[skyQuake]

tech/a when the portfolio is fully invested (esp now with Aus IB margins), do you still scan for potentials?

 

[tech/a]

tech/a when the portfolio is fully invested (esp now with Aus IB margins), do you still scan for potentials?

Yes
For a few reasons.
(1) Good continuation/developing patterns pop up within a trend or at the end of others all the time.
You get a feel for a stock you are watching.
(2) You can also get a feel for the general market from the number of prospects and the development within them
Or lack of!
(3) These prospects tend to perform better than those found on the exact day you need a new member for your portfolio.

 

[tech/a]

Current watch list.

Some are obvious others are in progress and others have potential setups not in the scope of this exercise.
but thought could be of some interest to some.

 

[Shaker]

Hi Tech/A and Pav

Are you updating anytime soon

Regards
Shaker

 

[pavilion103]

Hi Tech/A and Pav

Are you updating anytime soon

Regards
Shaker

Once updates are put up I'll complete this week's spreadsheet.

A bit of a tough market at the moment!

 

[skc]

PAV

These are tonight's updates.
3 stopped at full boot!

You should now be able to do a spread sheet.

Don't you normally post the charts in the chart's thread?

HGG went ex-div by 3.73c today although the fall was outsized. VRL is going ex-div 13c on 4 Sept.

There are heaps of ex-divs going on in the next 2 weeks...

 

[pavilion103]

Ok ill so these up tomorrow night. Feeling sick tonight. Not good.

I'll have to look at those dividends too and insert new columns in the spreadsheet.


Tough conditions at the moment. It will be interesting to see how many more set ups appear and what direction the market takes.

 

[pavilion103]

Here is the update guys. Let me know if there are any errors. Dividends have been put in for those two stocks. I will keep a watch on the others coming up.

View attachment Techa and Pav momentum portfolio FY 2013-2014 Version 1.1.xlsx

 

[Shaker]

Thanks for the update Pav

Tech/A
Can you explain your MBN trade in relation to your stop loss. As the stock went to .13 cents last week.
If you had moved to breakeven the trade would have finished today or yesterday.

Looking forward to you rules or method of moving to breakeven

Regards
Shaker

 

[Shaker]

Hi Tech/A

You must be busy atm.

Of the open positions atm not counting your last buy, 5 are above breakeven, NST stopped out today and MBN rising 10% today although still below breakeven.

Shaker

 

[pavilion103]

Will update excel this week for you guys. Just need a free patch. But will do it!

 

[ThingyMajiggy]

Re: Technical Trading Exercise (Pavilion103 and tech/a) Charts and Spreadsheets

What are you guys doing to find potential plays in the first place? Using some kind of scan in a certain platform or?

 

[tech/a]

Re: Technical Trading Exercise (Pavilion103 and tech/a) Charts and Spreadsheets

What are you guys doing to find potential plays in the first place? Using some kind of scan in a certain platform or?

I use Metastock
I have one specifically for sub 10c
Stocks.

 

[ThingyMajiggy]

Re: Technical Trading Exercise (Pavilion103 and tech/a) Charts and Spreadsheets

Interesting equity curve there, I think I've been on that ride too!

Keep it up gents

 

[tech/a]

Re: Technical Trading Exercise (Pavilion103 and tech/a) Charts and Spreadsheets

Interesting equity curve there, I think I've been on that ride too!

Keep it up gents

Not much of a ride.
Happy that its kept us in the game
without hurting the pocket.
Time will show that eventually we have
a number of in the money positions which
get a wriggle on. The cost of finding
these and getting on board is to be minimized.

So far at least that has been achieved!

 

[ThingyMajiggy]

Re: Technical Trading Exercise (Pavilion103 and tech/a) Charts and Spreadsheets

Not much of a ride.
Happy that its kept us in the game
without hurting the pocket.
Time will show that eventually we have
a number of in the money positions which
get a wriggle on. The cost of finding
these and getting on board is to be minimized.

So far at least that has been achieved!

I mean't it looks a little like a rollercoaster I went on at the show Is what is to be expected though from such a strategy I assume, hopefully it explodes and gets that wriggle on eventually

 

[pavilion103]

Interesting watch list Tech.

In my live trading I'm already in VOC and HVN. I think stops near BE on both.

HGG is already in my orders too waiting to be triggered.

 

[ThingyMajiggy]

Sorry guys didn't even realise there was a discussion thread, my bad!