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Tuesday, January 08, 2008

Plain Sells on Range Day (from SN to BN)

Sell from Sell Number 12838 to Buy Number 12676 (+162pts). L3B 12794 is the first target.
This is one of the easiest methods but it has a trick in the first Sell as it reached R1 before 3.30pm. If L3S is set as 'Stop' at 3.30pm. Nevertheless, the system stayed short, ignoring 'powerup' internals (not shown here). Second sell entry was agressive, falling all the way below BuyNumber. 2008 does not seem to be bullish at all so far.


Friday, January 04, 2008

2008 first week for $INDU (DOW)

The first 'power down' day for 2008. LSSPower system produce two trades.




Monday, February 12, 2007

GILD VWAP sell short


There was a short signal for GILD today. Here is the market conditions:-

The Market

  • $INDU was rejected from DP ( daily pivot level ), despite initial gains

  • Advance-Decline level was falling from +200 to - 200, indicating the broad market was inclined towards bearish state
What I did:-

Gave break-even orer for AKAM long ( yesterday's play), at that point it was about 30p in profits;

Sellshort GILD as it had VWAP sell signal

It was amazing to see GILD falling and I saw MACCIs for 1min, 3min and 5min were quickly falling and eventually 'over-sold' in all three time frames.

It was time to cover GILD short!