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Simulated Trades and Analysis

Discussion in 'Trading Strategies/Systems' started by pavilion103, Feb 12, 2012.

  1. pavilion103

    pavilion103

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    I've started a thread for people to post any trades, either trades they are looking to take or the trade management of existing trades.

    I will be posting up some of my own in the coming weeks. My own trading analysis will largely involve VSA principles.
     
  2. pavilion103

    pavilion103

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    It would be good to get people's thoughts on this one.

    This is one I already entered on 2/2/12 for a 2R profit. My analysis for this trade is on the chart.

    I'm thinking of a buy-stop just above the high of the 15/2 bar and a stop loss just below the high of the high volume bar of 2/2.
    Enter: $0.066
    Stop: $0.059

    Chart 1 = Short Term Chart

    It doesn't look like there is any huge climactic action to end this trend.

    PEN (Feb12).jpg

    Chart 2 = Medium Term Chart

    PEN (Feb12) 2.jpg

    Chart 3 = Weekly Chart

    Is it best to wait for the week or more bars to play out to see if it finds support at the low of that ultra high volume bar?

    PEN (Feb12) 3.jpg
     
  3. tech/a

    tech/a No Ordinary Duck

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    I don't see any reason to enter yet.
    Other than a common bottom on the last two bars.
    The very high volume bars range should act as support.
    So would be looking for entries in that price range
    I do agree this is likely to continue
     
  4. pavilion103

    pavilion103

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    Here is another one. RRL.

    I only included the one chart for this one to save some time.

    Enter: 4.19 (above high of 14/2)
    Stop: $3.99 (below high of 27/1 - high volume bar)

    RRL (Feb12).jpg
     
  5. pavilion103

    pavilion103

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    This isn't a new one, but wondering who got a piece of this? This was on my watch list at the time but did not enter. Potential 10R profit depending on where the stops were placed. Made a lot of sense from a technical point of view.

    MAD (Feb12).jpg

    This shows a close up around the period when it broke.

    MAD (Feb12) 2.jpg
     
  6. Billyb

    Billyb

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    Looks good to me. I would have done something similar except I would have used the low of the last bar as my stop but it works at at pretty much the same value as your VSA based stop anyway.
     
  7. pavilion103

    pavilion103

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    COH

    Looks like no supply into a very significant ultra high volume area. I'm not sure if this is ready to move yet, but looks like a good medium term one which is headed up.



    COH (Feb12).jpg

    COH (Feb12) 2.jpg

    WEEKLY
    COH (Feb12) 3.jpg
     
  8. pavilion103

    pavilion103

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    AZH

    Enter: 0.93
    Stop: 0.855

    AZH (Feb12).jpg
     
  9. tech/a

    tech/a No Ordinary Duck

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    Resisting at the gap what is that saying?
    High volume which is at the high of each
    Test what is that saying?
     
  10. Boggo

    Boggo

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    A half dozen from tonights data where I wouldn't mind seeing you guys apply a bit of VSA analysis to.

    BND - CCU - GBG - HGO - PEK - NFE.
     
  11. pavilion103

    pavilion103

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    Are you thinking that it looks like it is struggling to go higher with the two highest volume bars visible in the first chart being selling? That is my main concern.
    It certainly doesn't look like a clear break above that gap with clear consolidation/pullback on no supply. But it does look like it is in an uptrend. The last few bars look strong.
    Would you wait for a break above the control bar on 20 December before looking to possibly enter?
     
  12. pavilion103

    pavilion103

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    I'm not pro but I'll give it a crack. Tech can help me out if he sees any glaring mistakes (or can add further comments).

    BND

    Daily Chart
    BND (Feb12).jpg

    Weekly Chart
    BND (Feb12) 2.jpg
     
  13. pavilion103

    pavilion103

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    CCU

    Daily Chart
    CCU (Feb12).jpg

    Weekly Chart
    CCU (Feb12) 2.jpg
     
  14. pavilion103

    pavilion103

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    HGO

    HGO (Feb12).jpg
     
  15. pavilion103

    pavilion103

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    NFE

    NFE (Feb12).jpg
     
  16. pavilion103

    pavilion103

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    Tech, if you get a moment to look over the charts could you possibly give me a yay or nay for each of them. Maybe point to anything that I've overlooked.
    Thanks mate,
    Matt
     
  17. tech/a

    tech/a No Ordinary Duck

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    Yes pretty good
    The higher lows and sell off volume at highs is a longer term sign that buyers are likely to win in the end
    That gap though is going to take some filling.
    My feeling is that supply will be exhausted---- eventually ---- and the gap closed quickly.but more evidence needed.

    BND
    Volume now seems to be absorbing as it is holding up well
    (weekly chart) could be a while.

    CCU
    Lots of resistance ahead
     
  18. Boggo

    Boggo

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    Thanks Matt - appreciate that.
    It creates a whole new view of breakouts/trend reversal/continuation etc.

    I need to set aside some time to get more aquainted with this approach.
     
  19. pavilion103

    pavilion103

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    No worries. I didn't do GBG and PEK because I didn't have enough time and these two are already on my watchlist so I thought I would acquaint myself with a few of the others :)

    Yes VSA makes a lot of sense as a trading approach. I am much indebted to Tech for his support and pointing me in the right direction. I'm up to just over 1,000 hours of study and counting!!!
     
  20. Boggo

    Boggo

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    Yes, I know what you mean, I need a few more hours in a day.

    Have you noticed that the harder you work at it the luckier you get ;)
     
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