Stocks: 27th November 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 16 Oct 2017) 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. Current Position Size = $7,000
3. Select stocks priced between 10 cents and 20 dollars - theoretical price leverage.
4. 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.
5. 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.
6. Now re-employ that money into another stock that is making a 1-year high and use the same rules as 1 to 4.
7. Any purchase should have a minimum $500,000 a day turnover for my trading size.
8. 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 MTS.

Closing Stock Trades.

• Sell MLD.

Weekly Momentum System.

System Status: ON - as at 15 October 2017 - Portfolio re-balanced each five weeks, positions checked weekly. Stop Loss either a close below the 2.7 x 21 week Average True Range, or, a spike above 7% in the 2 day volatility on the weekly chart.

Next Re-balancing 8th January 2018.

Opening Stock Trades.

• A2M, CLQ, LYC, WTC, ASL, APX, HUB, PLS, CGC & MIN - Buy or adjust as per worksheet.

Closing Stock Trades.

• Close GXY, IMD, SPL & WHC - Rebalancing stop.
• A2M was closed last Monday.

Monthly Momentum System.

System Status: ON - as at 16 October 2017 - Trades will open 6th Nov IF the system is stil on then.

Next Re-balancing 5th December 2017.

1. Only trades when the ASX 100 is rising as defined by the Daily 20/30 EMAs.
2. 1st Monday of each new month Buy the 5 highest momentum ASX 100 stocks in equal weights.
3. Stop Loss Rules.
   • System on - Any stock not in the top 5 at the beginning of each month.
   • System off - Any monthly close below the 10 month simple moving average of the close.
4. Note - I am not trading this system (at the moment) but I will be updatng each weekend just like the others - remember This is NOT a signal service

Opening Stock Trades.

• Nil.

Closing Stock Trades.

• Nil.

Chart of the Week

SSM.

In the easy system since August 21st.

Further Information

Disclosure - Personal Interests: AWC, CGC, CWY, GDI, LYC, MLD, PLS, RFF, SDF, SSM, ASL, BWX, CKF, CKF, CLQ, IMD, NWH, PME, 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.