The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» ලිට්රෝ ගෑස් මිල ඉහළට
Yesterday at 11:00 pm by nihal123

» LIOC.N0000 (Lanka IOC PLC)
Yesterday at 10:19 pm by LSE

» යුනිටි ප්ලාසා හිමිකමෙන් 23% ක් රේණුකා යටතට
Yesterday at 7:39 pm by nihal123

» CB Governor offers key insights
Yesterday at 6:37 pm by malanp

» Sri Lanka Hambantota Port JV to be operational from November
Yesterday at 5:17 pm by Ethical Trader

» Plantation sector updates
Yesterday at 4:49 pm by mymoney

» SAMP.N0000 (SAMPATH BANK PLC)
Yesterday at 4:28 pm by The Invisible

» Plastic-degrading fungus found in Pakistan rubbish dump
Sun Sep 24, 2017 8:54 pm by කිත්සිරි ද සිල්වා

» CSE HOLIDAY LIST 2018
Fri Sep 22, 2017 5:20 pm by Rana

» Dividend Announcement
Fri Sep 22, 2017 5:19 pm by Rana

» SPEN.N0000
Fri Sep 22, 2017 3:01 pm by LSE

» Laughter the Best Medicine
Fri Sep 22, 2017 2:51 pm by Ethical Trader

» ට්‍රම්ප් "මොළය අවුල් වූ මැරයෙක්" - කිම් ජොන්ග් අන්
Fri Sep 22, 2017 2:37 pm by Ethical Trader

» No one must die of cancer
Thu Sep 21, 2017 11:14 pm by කිත්සිරි ද සිල්වා

» ට්‍රම්ප්ගේ දේශනය "සුනඛයෙකුගේ බිරීමක්"
Thu Sep 21, 2017 6:05 pm by Ethical Trader

» ලංකා බැංකුව, මහජන බැංකුව සහ ශ්‍රී ලංකා ඉන්ෂුවරන්ස් කොටස් වෙළෙඳපොළට
Thu Sep 21, 2017 6:01 pm by Ethical Trader

» ලංකා සිමෙන්ති කොටස් ගනුදෙනුවල අසාමාන්‍ය හැසිරීමක් – සභාපති කරුණු පහදයි
Wed Sep 20, 2017 8:06 pm by nihal123

» උතුරු කොරියාව විනාශ කරනවා - ජනාධිපති ඩොනල්ඩ් ට්‍රම්ප්
Wed Sep 20, 2017 12:33 pm by Ethical Trader

» In the Meantime, Within Our Shores !
Wed Sep 20, 2017 8:41 am by කිත්සිරි ද සිල්වා

» Nanodegrees
Tue Sep 19, 2017 11:40 pm by Backstage

» Picture of the day - for diss-cuss-ion and deb-ate.
Tue Sep 19, 2017 10:51 pm by Backstage

» පර්පෙචුවල් පලිසේනට බෝනස් කෝටි 10 ක්
Tue Sep 19, 2017 6:41 am by CK

» Be prepared for dry weather: Experts
Mon Sep 18, 2017 10:27 pm by nihal123

» නමක් පමණක් ඇති සමාගමකට ඩොලර් මිලියන 600 ක් රැස්කර ගත් චමත් පලිහපිටිය
Mon Sep 18, 2017 3:38 pm by nihal123

» කොටස් මිල ඉහල යාම ගැන ලංකෙම් ඩිවලොප්මන්ට්ස් වෙතින් කරුණු විමසයි
Mon Sep 18, 2017 3:35 pm by nihal123

» ධම්මික රුපියල් බිලියන 12.5කට සිංගර් ශ්‍රී ලංකා මිලට ගැනීමට තීන්දු කරයි
Sun Sep 17, 2017 2:05 pm by Danidu

» උතුරු කොරියාව ජපානයට ඉහලින් තවත් මිසයිලයක් විදියි
Fri Sep 15, 2017 5:46 pm by Ethical Trader

» උතුරු කොරියාවෙන් ඇමෙරිකාවට බිහිසුණු තර්ජනයක්
Thu Sep 14, 2017 5:59 pm by Ethical Trader

» කොටස් වෙළෙඳපොළට ප්‍රාග්ධන බදු නැහැ – නව බදු අයකිරීම් 2018 අප්‍රේල් 01 සිට ක්‍රියාත්මකයි
Thu Sep 14, 2017 11:42 am by Ethical Trader

» සන්නිවේදන සමාගමක් මූල්‍ය සමාගමක බලය අල්ලයි
Tue Sep 12, 2017 8:57 pm by nihal123

» උතුරු කොරියාව සම්බන්ධයෙන් රුසියාවේ පිළිවෙත කුමක්ද?
Tue Sep 12, 2017 5:50 pm by Ethical Trader

» ශ්‍රී ලංකාව උතුරු කොරියාවට එරෙහි සම්බාධක 'උල්ලංඝනය කරලා'
Mon Sep 11, 2017 6:55 pm by Yin-Yang

» වෙළෙඳ දැන්වීමක මස් බුදින ගනේෂ දෙවියන්, බුදු හිමියන් සහ යේසුස් වහන්සේ
Mon Sep 11, 2017 5:48 pm by Ethical Trader

» 'සයිබර් බුලින්' විඳ එයට එරෙහි වී සම්මාන ලබන ශ්‍රී ලාංකික තරුණිය
Mon Sep 11, 2017 11:57 am by Ethical Trader

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Sun Sep 10, 2017 8:02 am by spw19721

» APLA.N0000 (ACL PLASTICS PLC)
Sun Sep 10, 2017 7:56 am by spw19721

» සිල් රෙදි නඩුව: හිටපු ජනපති ලේකම්, TRCSL සභාපති සිරගෙට
Fri Sep 08, 2017 12:35 pm by Ethical Trader

» PAYE බදු නිදහස් සීමාව ඉහළට
Fri Sep 08, 2017 10:24 am by nihal123

» V 2025 - A Country enriched
Thu Sep 07, 2017 1:53 pm by Danidu

» අනුෂ පැල්පිට - ලලිත් වීරතුංගට වසර තුනක සිරදඬුවම්
Thu Sep 07, 2017 1:22 pm by nihal123

» පොහොසත් රටේ කොටස් වෙළෙඳපොළට 2025 දී වෙන දේ
Thu Sep 07, 2017 10:57 am by Ethical Trader

» ‘දැන් ඉතිං වළක් කපන් වැළලෙන්න තියෙන්නේ‘ - බුකියේ ගිය රස කතා
Thu Sep 07, 2017 10:49 am by nihal123

» ශ්‍රී ලංකාව යළිත් පරාදයි
Thu Sep 07, 2017 10:38 am by Ethical Trader

» ශ්‍රී ලංකා ක්‍රිකට් වලට මොකද වුනේ? - සනත් කතා කරයි
Thu Sep 07, 2017 10:31 am by Ethical Trader

» බැඳුම්කර කොමිසම ඉදිරියේ හෙළි වූ කරුණු මොනවාද?
Thu Sep 07, 2017 10:22 am by Ethical Trader

» සිංගප්පූරුවේ Ube, ටෝක්යෝ සිමෙන්ති හිමිකම අඩකින් අඩුකරයි
Wed Sep 06, 2017 1:31 pm by nihal123

» Donkey Sex
Wed Sep 06, 2017 10:54 am by Backstage

» එළුවන් නළුවන් වෙලා
Wed Sep 06, 2017 10:16 am by Backstage

» "තේරුණේ දැන් තමයි"
Tue Sep 05, 2017 1:58 pm by jiggysaurus

» Whatever happened to the monastic Sangha?
Tue Sep 05, 2017 1:56 pm by jiggysaurus

September 2017
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Trading Journal

Page 5 of 5 Previous  1, 2, 3, 4, 5

View previous topic View next topic Go down

Re: Trading Journal

Post by Yin-Yang on Fri Sep 23, 2016 9:11 pm

Elliott waves may sometimes coincide with business growth phases; but the two, better not be taken together.

The basis of Elliott waves is psychological [not business performance].

And it is, just like Fib levels, observable in natural movements as well.

For example; you may have heard what happened when the tsunami took place. There were approximately 3 waves; first one small, second one big and so on.

During an earthquake also they say, you can experience a series of quakes.

After all, there are only minor differences between the behavioral patterns of a mass of water, a mass of soil and a mass of Homo sapience.

avatar
Yin-Yang

Posts : 907
Join date : 2016-03-12

Back to top Go down

Re: Trading Journal

Post by 007 on Fri Sep 23, 2016 10:46 pm

dear yin yang
i just use the Elliott wave to illustrate the strategy as the discussion start with the Elliott wave .The idea is originally built on the idea of EARNING MATURATION CYCLE check the YK's post for reference YK also tells its looks like product maturation cycle.that is also not a coincident there is no wonder companies earnings follows the same path the product travel as companies profitability depends on product .then the price also have to travel on the same path of course its depends on investors mind investors cant resists the urge to buy the companies that gives continues earning surprises. investor can resist up to some time but cant resist after a specific point thats why we use the technical to identify that specific point thats way this strategy called specific entry point analysis

do know the history of this techniques
SEPA developed from rigorous research decades of application in the real world and observed facts not personal opinions
neither i or mark minervini simply accept this strategy
he also develop this upgraded version after reading several successful investors
including william o nail who is the founder of CAN SLIM.how many of you know william o nail is founder of cup with handle pattern as well .initial history began in 1907 with jesse livermore the greatest trader ever .he made 3million in a single day .even in the 1929 great crash (if some one read stocks for long run will understand what is great crash means even the famous Irving Fisher went bankrupt during this great crash)livermore made a whopping 100 million .from one market professor to next lessons were consistent the basics what make the super performance stock in the past had not changed
avatar
007

Posts : 159
Join date : 2014-11-29

Back to top Go down

Re: Trading Journal

Post by xmart on Mon Oct 03, 2016 10:07 am

xmart wrote:



we may expect MT support to hold for now. 6680-6700 will provide some good fight for bull (0.5 fib) and it is essential ASI to break above 6700 to stay in bull trend. if rejected 6400, 6250 will provide some support, but highly unlikely with given market sentiment and September results. in a nutshell, i am expecting a super September.

good luck all!

well, our Elliot pattern broke where wave 3 wasn't strong enough to break the high made by wave 01. this is why i mentioned breaking of wave 01 high from wave 3 as the safest entry.

anyway, its a new month and lets look at the chart.



as we can see here, bulls and bears are fighting equally and that have created a symmetrical triangle, which is non-directional pattern. but breaking of the triangle would lead to a new trend.

breaking of 6600 would trigger the target of 6880 and 7100 respectively.
breaking of 6380 would trigger the targets of 6250 and 6000.

anyway, believing the MT support to hold, i expect the ASI to break upward.

good luck all!
avatar
xmart
Top contributor
Top contributor

Posts : 570
Join date : 2015-01-17

Back to top Go down

Re: Trading Journal

Post by Yin-Yang on Mon Oct 03, 2016 10:16 am

Why traders always limit themselves to triangles and boxes?

Can't they make use of other polygons such as pentagons, hexagons, heptagons + + +
avatar
Yin-Yang

Posts : 907
Join date : 2016-03-12

Back to top Go down

Re: Trading Journal

Post by xmart on Mon Oct 03, 2016 10:28 am

since we have talked about ACME, i think it is better to give an early warning,

xmart wrote:axe,

still the pattern is too early to be ascending triangle. this could take many forms. the good news is ACME had come out from MT resistance trend. making that "W" with a higher low after a downtrend is a good reversal point.

there is a big resistance at 8.80-9.00 range. breaking above 8 will trigger the target of 8.80-9.00 range. furthermore, each stock has its unique way. if you carefully look at weekly candlestick chart you may see dojis at start and end point of each rally.

CCI gave a buy signal at 7.60-7.80 level (22.08.2016) after 28.04.2014. which cannot be ignored very easily (for me)

on financial note:
this is still a loss making company. they went through a restructuring process, change management and reduced loss very well. if they produce a positive earning this will appreciate more. if they fail to return 'from loss making territory, then this technical rally might not sustained and may return to 6.5 level.

good luck.

P:S- i have collected this share from 6 to 6.60 averaging 6.20. my view might be bias but tried to give a balance view.

here is the latest chart ACME


we can see a bearish divergence occurring in weekly chart. if you are short term and with profit, it is better to exit. if you are short term and with loss, wait till the stop loss trigger. if you have collected on purpose, then ignore the trend.

cheer!
avatar
xmart
Top contributor
Top contributor

Posts : 570
Join date : 2015-01-17

Back to top Go down

Re: Trading Journal

Post by Yin-Yang on Mon Oct 03, 2016 10:52 am

For educational purposes:

Has 'breaking of wave 01 high from wave 3' occurred in ACME ?
avatar
Yin-Yang

Posts : 907
Join date : 2016-03-12

Back to top Go down

Re: Trading Journal

Post by Axe on Mon Oct 03, 2016 7:49 pm

Thanks Xmart.. I'm currently in profit, but wasn't aware of this development. I'll need to see what I should do. Thanks again.

But, won't an upward movement in ASI have some support for ACME?
avatar
Axe

Posts : 251
Join date : 2014-02-23

Back to top Go down

Page 5 of 5 Previous  1, 2, 3, 4, 5

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum