Saturday 31 December 2016

Stocks: 3rd January 2017

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 28 November 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades - This week the market opens on Wednesday 28th

  • Nil

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 28 November 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

*** From 1 Jan 17 - I have decided to tweak the rules slightly on this system. When the system is on a 100 day SMA stop will chop one out of trades whenever there is a stall in the price rise often taking you out at or near the low of a retracement. Remember that the point of these trades is to take high momentum stocks when the system is on but revert to cash when it switched off. The new stop method will be -

  • The volatility stop will always be in place.
  • When the system is ON I will use a 2.7 * 21 week Avge True Range at the close as the stop.
  • When the system is OFF the 100 day SMA stop will rule.

Opening Stock Trades

  • refer momentum filter below

Closing Stock Trades

  • Nil
  • CCP and PLS were closed Last Monday

This Tuesday 3rd Jan 2017 is monthly re-balancing day. Here is the output of the momentum filter.

I have sorted the filter by momentum and I want the portfolio to hold the 15 highest momentum stocks weighted by volatility. So, after dumping anything that has a daily volatility spike in the last 6 weeks, I filled out the following spreadsheet. 7 of the 15 were already in the portfolio from last month so they simply need re weighting. Remember, I am ignoring any purchase or adjustment that doesn't have a transaction value of at least $2,000, With brokerage at $20 a side we don't want to be making tiny buys and sells all the time.

Chart of the Week

Nil.

Equity Chart

I have combined both systems into one chart in order to gauge relative performance. Naturally with the Easy system starting later than the Momo system there is a little lag there but not enough to make it bothersome over the long run.

We can see that at the moment the recent choppy market has meant that we have taken lots of stops and no real momentum has developed in our holdings to create profit. This is quite normal but frustrating. One of the reasons I adjusted the stop method on the Momo was to (hopefully) alleviate some of this.

Further Information


Disclosure - Personal Interests: AWC, BPT, CGC, CSR, CWY, GDI, MLD, RFF, SIP, SXL, BSL, CDA, CKF, FBU, GMA, GUD, NAN, OZL, S32, WOR.


All Stock charts courtesy of www.IncredibleCharts.com


Note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.

Saturday 24 December 2016

Stocks: 28th December 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 28 November 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades - This week the market opens on Wednesday 28th

  • Buy RFF on Wednesday's Open - Take care - RFF goes Ex Div on Wednesday

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 28 November 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

*** I have decided to tweak the rules slightly on this system. When the system is on a 100 day SMA stop will chop one out of trades whenever there is a stall in the price rise often taking you out at or near the low of a retracement. Remember that the point of these trades is to take high momentum stocks when the system is on but revert to cash when it switched off. When the system is on I will use a 2.7 * 21 week Avge True Range at the close as the stop (as well as the usual volatility stop) and when the system is off the 100 day SMA stop will rule as usual.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell CCP on Wednesday's open
  • Sell PLS on Wednesday's open
  • No stocks were closed last Monday

Chart of the Week

Nil.

Further Information


Disclosure - Personal Interests: AWC, BPT, CSR, CWY, GDI, MLD, SIP, SXL, BSL, CDA, CKF, FBU, GMA, GUD, NAN, OZL, S32


All Stock charts courtesy of www.IncredibleCharts.com


Note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.

Sunday 18 December 2016

Stocks: 19th December 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 28 November 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy CGC on Mondays Open

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 28 November 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil
  • CTD, NAN, WEB were closed last Monday

Chart of the Week

Nil.

Further Information


Disclosure - Personal Interests: AWC, BPT, CSR, CWY, GDI, MLD, SIP, SXL, BSL, CDA, CKF, FBU, GMA, GUD, NAN, OZL, S32


All Stock charts courtesy of www.IncredibleCharts.com


Note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.

Saturday 10 December 2016

Stocks: 12th December 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 28 November 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy AWC on Mondays Open

Closing Stock Trades

  • KAR was closed last Monday

Weekly Momentum System

System Status: ON - as at 28 November 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell CTD on Monday's open
  • Sell NAN on Monday's open
  • Sell WEB on Monday's open
  • ALU was closed last Monday

Chart of the Week

GDI is currently in the Easy system - Not much activity on this one.

Further Information


Disclosure - Personal Interests: BPT, CSR, CWY, GDI, MLD, SIP, SXL, APO, BSL, CDA, CKF, FBU, GMA, GUD, NAN, OZL, S32


All Stock charts courtesy of www.IncredibleCharts.com


Note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.

Saturday 3 December 2016

Stocks: 5th December 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 28 November 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy CSR on Mondays Open

Closing Stock Trades

  • Sell KAR on Monday's open

Weekly Momentum System

System Status: ON - as at 28 November 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell ALU on Monday's open

Chart of the Week

CWY is currently in the Easy system - So far it has ground along a little and the stop has ratcheted up a touch

Further Information


Disclosure - Personal Interests: BPT, CWY, GDI, KAR, MLD, SIP, SXL, APO, FBU, GMA, GUD, NAN, BSL, CDA, CKF, OZL, S32


All Stock charts courtesy of www.IncredibleCharts.com


Note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Sunday 27 November 2016

Stocks: 28th November 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 28 November 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy BPT on Mondays Open

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 28 November 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Buy as per the spreadsheet - pay attention to the percentage of portfolio each stock should be (percentage to buy column) In my case that meant no adjustment to FMG and not buying OZL and S32 because I need my trades to be min A$3,000

Closing Stock Trades

  • Nil
  • IPD and TWE were closed last Monday

Further Information


Disclosure - Personal Interests: CWY, GDI, KAR, MLD, SIP, SXL, APO, FBU, GMA, GUD, NAN


All Stock charts courtesy of www.IncredibleCharts.com


** WETT Trading style is Similar to the methodology described in 'The Weekend Trend Trader' by Nick Radge, Buy his book if you wish to discover how I am generating these signals (note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Saturday 19 November 2016

Stocks: 21st November 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 31 October 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 50 week high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil
  • MYR closed last Monday

Weekly Momentum System

System Status: OFF (As at 31 October 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil

Chart(s) of the day

Nil

Further Information


Disclosure - Personal Interests: CWY, GDI, KAR, MLD, SIP, SXL, APO, FBU, GMA, GUD, NAN


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Saturday 12 November 2016

Stocks: 14th November 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 31 October 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 50 week high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell MYR on Monday's open

Weekly Momentum System

System Status: OFF (As at 31 October 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil
  • ALL, ALU and SIP closed last Monday

Chart(s) of the day

Nil

Further Information


Disclosure - Personal Interests: CWY, GDI, KAR, MLD, MYR, SIP, SXL, APO, FBU, GMA, GUD, NAN, SDF


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Saturday 5 November 2016

Stocks: 7th November 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 31 October 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 50 week high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: OFF (As at 31 Octember 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell ALL on Monday's open - 100 day SMA stop
  • Sell ALU on Monday's open - 100 day SMA stop
  • Sell SIP on Monday's open - 100 day SMA stop
  • A2M & HSN closed last Monday

Chart(s) of the day

Nil

Further Information


Disclosure - Personal Interests: CWY, GDI, KAR, MLD, MYR, SIP, SXL, APO, FBU, GMA, GUD, NAN, SDF


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Saturday 29 October 2016

Stocks: 31st October 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 31 October 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 50 week high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: OFF (As at 31 Octember 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell A2M on Monday's open - 100 day SMA stop
  • Sell HSN on Monday's open - 100 day SMA stop
  • MYX closed last Monday

Chart(s) of the day

Nil

End of month performance comparison

Equity Chart

I have combined both systems into one chart in order to gauge relative performance. Naturally with the Easy system starting later than the Momo system there is a little lag there but not enough to make it bothersome over the long run.

Easy System

Momo System

Further Information


Disclosure - Personal Interests: CWY, GDI, KAR, MLD, MYR, SIP, SXL, APO, FBU, GMA, GUD, NAN, SDF


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Monday 24 October 2016

Stocks: 24th October 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 10 OCT 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 50 week high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy KAR on Monday's open

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 10 Oct 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell MYX on Monday's open - 100 day SMA stop
  • BAL, BAP, NXT & SIQ closed last Monday

Chart(s) of the day

Nil

Further Information


Disclosure - Personal Interests: CWY, GDI, MLD, MYR, SIP, SXL, APO, FBU, GMA, GUD, NAN, SDF


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Saturday 15 October 2016

Stocks: 17th October 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 10 OCT 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 50 week high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy MLD on Monday's open

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 10 Oct 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell BAL on Monday's open - 100 day SMA stop
  • Sell BAP on Monday's open - 100 day SMA stop
  • Sell NXT on Monday's open - 100 day SMA stop
  • Sell SIQ on Monday's open - 100 day SMA stop
  • BSL & RRL closed last Monday

Chart(s) of the day

Nil

Further Information


Disclosure - Personal Interests: CWY, GDI, MYR, SIP, SXL, APO, FBU, GMA, GUD, NAN, SDF, SXL


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Saturday 8 October 2016

Stocks: 10th October 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: ON (As at 10 OCT 2016) Take new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Buy SIP on Monday's open

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: ON - as at 10 Oct 2016 - Portfolio re-balanced monthly, positions checked weekly. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Buy A2M, MYX, FMG, IPD, HSN, SIP and NXT as per the spreadsheet.
  • Adjust SIQ, ALU and TWE as per the spreadsheet.

Closing Stock Trades

  • Sell entire BSL position Monday's open - No longer in the top momentum ranks
  • Sell entire RRL position Monday's open - 100 day SMA stop
  • DMP closed last Monday - 100 day SMA stop

Chart(s) of the day

Nil.

Further Information


Disclosure - Personal Interests: CWY, GDI, MYR, ALU, APO, FBU, GMA, GUD, NAN, SDF, SIP, SXL


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Monday 3 October 2016

Stocks: 3rd October 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 11 September 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details
  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
  3. Buy the stock if it makes a 1 year high. For example: Friday's close is higher than last Friday's 50 week upper Donchian Channel That's the buy signal. If there is more than one stock that week making a 50 week high, pick the cheapest one.
  4. Sell the stock if it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX Daily EMA 20 and Daily EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil

It is very early days with this system. So far it has been on just long enough to pick up 4 stocks then turned off. Here is the current spreadsheet.

Weekly Momentum System

System Status: OFF (As at 11 September 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Sell DMP on Monday's open - 100 day SMA stop

With the system off falling or stagnant stocks are effectively turning the portfolio back to cash. DMP is still in at Friday's close

Equity Chart

I have combined both systems into one chart in order to gauge relative performance. Naturally with the Easy system starting later than the Momo system there is a little lag there but not enough to make it bothersome over the long run.

Further Information


Disclosure - Personal Interests: CWY, GDI, MYR, ALU, APO, CHC, FBU, GMA, GUD, MQA, NAN, SDF, SIP, SXL


All Stock charts courtesy of www.IncredibleCharts.com


** WETT Trading style is Similar to the methodology described in 'The Weekend Trend Trader' by Nick Radge, Buy his book if you wish to discover how I am generating these signals (note: I do not receive any benefit from promoting Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Stocks: 26th September 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 11 September 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars, Theory is they go up more quickly than more expensive stocks and yes there are plenty of stocks in that price range in the ASX 300.
  3. Buy the stock if it makes a 1 year high. For example: This weeks closing price of $2 is the highest the stock has been for 50 Weeks; That is the buy signal. If there is more than one stock that week making a 1 year high, pick the cheapest one.
  4. Sell the stock if, it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX EMA 20 and EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil

Weekly Momentum System

System Status: OFF (As at 11 September 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

  • Nil

Closing Stock Trades

  • Nil

Chart(s) of the day

SIQ - One of the original trades in the momo system. Currently up over 20% and ticking along nicely. Where will it go? Well we can't know that so all we can do is honor our stops when the time comes and, otherwise, watch and wait.

Further Information


Disclosure - Personal Interests: CWY, GDI, MYR, ALU, APO, CHC, FBU, GUD, MQA, NAN, SDF, SIP, SXL


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)

Monday 19 September 2016

Stocks: 19th September 2016

Disclaimer - Read this first!

This is not a signal service. While endeavoring to post signals before time occasionally I will only be able to post signals a day or two late

I am not a financial adviser. Some of these are paper trades. I am not suggesting you follow these signals. If you take any action based on my blog you do so at your own risk.


Easy Share Trading System

System Status: OFF (As at 11 September 2016) No new positions. Trailing stops are approx 25% of the most recent high.

System details

  1. Only trade the Top 300 shares on the ASX and put 10% of your money in each stock.
  2. Select stocks priced between 10 cents and 20 dollars, Theory is they go up more quickly than more expensive stocks and yes there are plenty of stocks in that price range in the ASX 300.
  3. Buy the stock if it makes a 1 year high. For example: This weeks closing price of $2 is the highest the stock has been for 50 Weeks; That is the buy signal. If there is more than one stock that week making a 1 year high, pick the cheapest one.
  4. Sell the stock if, it at any time since it's highest recent price it falls more than 25%. For example: If you buy the stock at $2, and it rises to $4 but then falls 25% to $3, you sell. This is called the 25% Stop Loss Rule.
  5. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
  6. Any purchase should have a minimum $500,000 a day turnover for my trading size.
  7. Use XAO_AX EMA 20 and EMA 30 as an on off switch. This should smooth the equity curve even though it will probably also reduce returns a little.

Opening Stock Trades

Nil: System Off

Closing Stock Trades

Nil

Weekly Momentum System

System Status: OFF (As at 11 September 2016) No new positions. Stop Loss either a weekly close below the 100 day SMA on the WEEKLY chart, or, a spike above 7% in the 2 day volatility on the daily chart.

Opening Stock Trades

Nil

Closing Stock Trades

NCM sold last Monday - 100 day SMA stop

Chart(s) of the day

Nil

Further Information


Disclosure - Personal Interests: CWY, GDI, MYR, ALU, APO, CHC, FBU, GUD, MQA, NAN, SDF, SIP, SXL


All Stock charts courtesy of www.IncredibleCharts.com


** EASY system based on Peter Castle's http://EasyShareTradingSystems.com.au site. I can't directly endorse his approach simply because I don't have the facility to back test his methods but, to me at least, they make a lot of sense. The same is true for the Momo system which is based on Andreas Clenow's book. (note: I do not receive any benefit from promoting Peter Castle, Nick Radge, Dave Landry, Andreas F Clenow, Incredible Charts or anything else.)