Happy Halloween

Hi to all of you out there,

a Happy Halloween. It has been a while since my last post - but I was short on time - and, it does not look much better this week. However, I don´t want to leave you without some ideas to trade!

FOREX: I see an increasing downward trend on the EURUSD - this might be agood chance to go short. Currently at 1.2693, I would set my StopSell at 1.2690 - my longterm goal is in the area between 1.2590 and 1.2570 (support). As soon as price touches that area, I would sell. My SL for this trade would be placed at 1.2710 (20 Pips). Try to trail SL if trade goes in right direction.

Stocks:

1) EXFO - chart has built an inside day pattern, as I call it - good trade for today, last price was 5.09$, SL would be at 4.95$ (it is much lower than the PivotPoint - but I like to have a bigger range!)

2) RMTR - a candidate for a possible bounce - last price was 3.67$, SL at 3.50$

So much for today, no pics, I am sorry. Have a good day, till tomorrow,

The Stockinvestigator

Just 2 Pips that killed my trade!

Too bad! The Tunnel Trade (USDCHF) I set up was killed by only 2 Pips difference. I was knocked out at 1.2664, while the low was at 1.2662! AAARGH! - The problem: if I would not have set the SL, I would have gained almost what I wanted - the USDCHF climbed to the high of 1.2740 - again, only 2 Pips below my target! The good thing: I was hitting bottom and top quite accurate - the bad thing: I did not make profit out of this. Instead of having a 56 Pip win within 4 hours, I lost -20 Pips in just half the time. My resume: the Tunnel-Method works - but I will have to follow my own ideas in FOREX.

But this trade was not the only bad one yesterday. While the Dow Jones climbed above 12.000 during yesterdays trading (Congratulations pal!), our last three stocks lost. STXN lost 0,87%, closing at 4.57$. I would get out now, however, chances are 60% that it will climb again today! We are still up by 3,6%. PXLW got stopped out at 2.99$, leaving us with a loss of -3,2%. Finally, OSTE also lost, falling back to 4.25$, still a 0,95% gain. Time to get out!

No more trades this week - next week I might not be around, so, have a nice time, see you soon,
The Stockinvestigator

A question of timing!

Hi to all of you,

trading is most of all a question of timing! I am quite satisfied with my timing yesterday. The markets went down, and with them most of my picks. So, it was the right time to get out. SNE lost -2,91%, TXN lost -2,12%. Both options of course lost most of the profits we gained so far. So, if you got out as I said, you should have made decent profits! CCUR also lost more than 2% - it was the right time to get out here aswell.

Now let´s look at the three trades we kept:

1) STXN it gained only 0,43%, closing at 4.62$ - a total gain of +4,8% so far. Chance are good that it will continue climbing, so I would stay in this trade - however, I would set my new SL to 4.50$ (right below the PivotPoint), which would leave you with a gain of 2% in case you get stopped out! (Note: we have a Doji candle to watch out for!)

2) PXLW - now this stock lost, as I expected. But, it lost more than I expected - it lost 5,57%, closing at 3.02$. This leaves us with a -2,3% loss so far. Don´t change the initial SL - either we will be stopped out he next trading session, or the stock will gain momentum again.

3) OSTE gained another 2,1% - leaving us with a total gain of +3,3% so far, last price: 4.35$. Keep it on!

Last but not least I want to give it another try in FOREX today. Just a minute ago I went long on the USDCHF @ 1.2684. My entry trigger was the TunnelMethod (one last try!). My SL is at 1.2664. My Target will be 1.2742. Here the chart:


So much for now, take care,

The Stockinvestigator

Pick the good ones...

Hi,

just very shortly, I hardly have time today: the picks yesterday have been quite nice. STXN went up by +4,31%, closing at 4.60$. Also gaining +4,53% was PLXW, closing at 3.23$. Only VLNC was bad luck - while it gained 1,03%, my SL was too tight. The low was at 1.88$, my SL at 1.89$. Too bad, this trade lost -3%. The other five stocks on my watchlist also performed well, except of AXTI and IOC which even lost more than 6%.

SNE gained 0,54% again - however the options did not change. Time to lock in profits! TXN also went up by 0,76%. Our options are now up by +38,7% for TXNAF.X and by +44,4% for TXNAZ.X. I would also get out of this trade now.

CCUR lost 1,06%, closing at 1.86$ - still a gain of +9,4%. OSTE also lost 0,23%, closing at 4.26$ - a gain of 1,2% in total. However, it is not the trade I expected it to be so far. I would stick with the initial SL to see if it might climb again or not. Other CCUR, I would get out of this trade now, locking in the profits so far.

Summing it all up, I would close all my trades now, except OSTE (seeing what will happen!) and of course STXN and PXLW. Note: both of them have a high RSI(2) which usually indicates a selling signal. However, keeping the initial SL, there should be room to grow, even if it might fall a little today. But, if you like it safer, just look in the profits, 4,5% is fair enough. So much for today, good luck,

The Stockinvestigator

In the mood of trading...

Even though it is Monday, I am in the mood of trading the markets today. Why? - Because all my last picks went well on Friday. Let´s have a closer look:

1. SNE climbed by 4,17%, closing at 40.68$. For our options, this means a +90,3% gain for SNEKG.X and even a +310% gain for SNEKH.X! That is the way I like it...

2. TXN closed at 32.81$, only a 0,98% gain - but, still our options are running well, +25,8% for TXNAF.X and +33,3% for TXNAZ.X!

3. CCUR is still climbing, last price was 1.88$, a total gain of 10,6% so far.

4. OSTE was also climbing by 1,43% to 4.27$. Fair enough...

That is why I can not resist from trading the markets today - which, by the way, is a typical mistake: "overtrading". But, oh well. I have a couple of stocks on my list today and I believe they are all ready for a move upwards. The stocks on my list are: STXN, AXTI, IOC, TGB, CYTO, PXLW, KSW, VLNC. However, I will only comment on three of them (keep the others on your watch list aswell!):

1. STXN, last price 4.41$, my SL is at 4.07$. The filter I used was my "Volupri" filter. Here is the chart:


2. PXLW, last price was 3.09$, my SL would be at 2.99$. The filter I used was built up on the Linear Regresion Indcator, lri. Here is the chart:


3. VLNC, last price was 1.95$, my SL is at 1.89$. The filter was the version of Ichimoku I use. Here is the chart:


By the way, even my goal for the FOREX trade on EURCHF was hit on Friday afternoon. Not bad... For now I wish you all the best, take care,

The Stockinvestigator

Let the market come to you...

Today it´s a special date: Friday, the 13th! I know that in the USA it is a day of fear - even more than in Germany. This date is closely related to the crash of the stock market in the end of the 1920´s. - Personally, I like this day, it was always of luck for me. Let´s see, if the luck will be on my trading side aswell.

Reviewing our trades, we have only winners today. First: SNE - it climbed by 1,1%, closing at 39.05$. For our options this means a +45,1% gain for SNEKG.X (price bought: 3.1$, last price 4.5$) and a +120% gain for SNEKH.X (price bought: 0.5$, last price 1.1$). SNEKG.X lost a little bit again - but we are still fine...

Our options for TXN are also up, by +23,9% for TXNAF.X (last price 3.84$) and by +27,8% for TXNAZ.X, last price 2.3$. As mentioned yesterday, try to lok in the win - without getting out of the trade. Maybe be setting the SL for SNEKG.X to 4.2$, for SNEKH.X to 0.9$, for TXNAF.X to 3.75$, and for TXNAZ.X to 2.1$. Both of them should still keep on running, but I like to play them safe - so you don´t want to loose the money again.

Now to CCUR: last price was 1.87$ as it went up by more than 8%, giving us a pure +10% gain so far. Keep it on...

Today I will also comment on a very speculative idea. It is a stock which usually I would not trade - due to it´s chart. But, if t goes up, chances are good, it will climb by 20% or more within a week. This is the fiter I used to find this stock:

"slope of rsi(4) is below -30"

The stock I am talking about is: OSTE, last price was 4.21$. I would set my SL to 3.99$ (red line on the chart), which is much lower than the PivotPoint (blue line). But, since it is very seculative, I would risk 5% on this trade. Here is the chart:


Last but not least, I decided to comment on my idea on FOREX that should let the market come to you. What was my idea?

My idea was to set up a trade that will reach a predetermined amount of Pips. I decided to earn 50 Pips in 48 hours. So, the first step was to look at the daily chart to see the ATR that had to be above 35 Pips (in order to achieve 50 Pips in 48hours!). This gave me the currency pair EURCHF. Then I switched to the 1hour chart and apllied a couple of instruments and indicators. The basic idea though, was to set up a box, starting with the Tuesdays open value (open = 00.00). From the open point I added 10 Pips and I subtracted 10 Pips. This gave me a box of 20 Pips height. The length of the box was set to 36 hours. As soon as one candle broke above (or below) the box with it´s body (!), I went long. (Note: also used two EMA´s and the RSI(12) to support this entry!) The SL was set a 2*ATR of entry - which was 16 Pips here. Therefore I had an entry point of 1.5902, the SL was at 1.5886. My Profit target was set to 1.5957 (golden line) - so this would be 50 Pips plus 5 Pips spread. The maximum of this trade was hit at 1.5951 (blue line) - which is just 6 Pips below my target. I am pretty happy with this approach - the trade turned sideways afterwards - but it still is in the profits, currently at 1.5932. So, where should it go from here? I´d be glad to get any response from my readers, letting me know of some possible add-ons or changes. Here is the chart for this trade (49 Pips in 28 hours is ok...):


For today I wish you a happy weekend, take care,

The Stockinvestigator

All you need is just a little patience....

Well, it´s that easy...! Our SNE options went up, while SNE was gaining 3,1% yesterday. Since we placed the trade again, we are now +90% up on SNEKH.X (last price 0.95$ - and even hitting 1.20$ in the top!) and +48,4% on SNEKG.X (last price 4.6$). Now, that is ok, don´t you think?

For TXN we are up by +16,1% with TXNAF.X (last price 3.6$) and +13,3% with TXNAZ.X (last price 2.04$). This is also ok, I guess. Both trades should be kept - try to capture profits with changing SL level!

CCUR lost -1,14% - but we are still in, since SL was not touched. HAWK was stopped out, leaving us with a -1,8% loss.

Other than that, no new picks today - next time I will comment on my new Forex idea. Good luck,

The Stockinvestigator

The problem with the RSI

Hi,

today it will be a good opportunity to talk about a general problem of indicators like the RSI (wether it is the RSI(2) or RSI(28) or RSI(...) doesn´t make a difference...). Let´s look at our trade SNE. SNE lost -0,21%, closing at 37.49$ (close to the 6month low!). SNE lost for more than five days in a row now - and the RSI(2) was below 5 back last week already. Currently it is at 0.25. But what will happen if SNE falls even more? - There is hardly any space left for the RSI to move. So, it is not necesseraly a good buy jsut because the RSI(2) is currently at 0.25. Maybe it will be at 0.10 tomorrow... But, the problem remains - where can the RSI go to? This of course also happens on the top side. If the RSI is at 98.7, where might it go if the stock continues up? Did you catch what I mean? You should be aware of this problem!

Anyhow, back to our trades. SNE was stopped out at 37.35$. Our options therefore lost -11,4% (SNEKG.X, last 3.1$) and -28,6% (SNEKH.X, last 0.5$). That is way too much! Yet, I still believe that SNE is a good candidate - so, I would stick with these options and place the trade again. The same situation for TXN. TXN lost -0,64% - but it did not get stopped out. So, the trade is still on. But, TXNAF.X lost -3,2% (last 3$) and TXNAZ.X lost -5,5% (last 1.7$). I would also be careful here - but still be in the trade.

So, these options had not been my best idea so far. Let´s see how the other stocks performed:

1) MOBE got stopped out aswell, loosing -6,9%
2) CCUR gained 2,94% and I still see it climbing - as I said, give it one or two weeks to develop!
3) HAWK gained 2,51% - possibly going up more

Today I will not comment on any more trades since I am lacking time. However, I am working on a FOREX system that gained more than 40 Pips within 20 hours. But, it is still in work. So, more next time. Good luck to all of you,

The Stockinvestigator

TradingIdeas III

Hi,

first of all: SNE went down by -0,56%, closing at 37.57$. However, the two options I picked, remained unchanged. Since my SL was not hit (37.35$) and the RSI(2) is even lower than yesterday, I still believe in this pick. It should be bouncing today! Now my ideas:

1) TXN: I was reading in the news yesterday, that Texas Instruments is about to build a new factory either in the Philipines or in China. Usually I don´t care much about Fundamentals or News - but I remembered that TXN was on my filter of the RSI(2) aswell. So, in this case, I see a chance for a possible rise. Here, I would be a Call option, already in the money, let´s say: TXNAF.X, last price was 3.10$. Also you could buy one very close to be in the money, TXNAZ.X, last price 1.80$. The stocks last price was 31.43$, my SL (to get out of the trade) would be 30.48$.

2) MOBE: this will be a very speculative trade. The stock was filtered by my "FallenStocks" filter. It has declined quite a lot already - I believe that now it is time for a pullback! Last price was 2.90$, my SL would be at 2.70$. Here is the chart:


3) CCUR: this might be a good trade for a time period of one or two weeks. last price was 1.70$. My SL is at 1.60$. The filter I used was a version of an Ichimoku that I use sometimes. Here is what it looks like:
4) HAWK: this stock was filtered by a version of my RangeRatio filter. Last price of the stock was 10.37$. My SL would be at 10.18$.

So much for today, good luck to you,
The Stockinvestigator

Good chance on SNE

Hi again,

those of you that read my blog frequently (how many are there anyhow? - there can´t be too many I guess.... - maybe I should start making this blog more attractive - and maybe I should make this blog better known...) know that I don´t like to trade on Mondays. However, using the RSI(2) filter, I found a good chance on SNE.

I was watching SNE since last week - so far, it kept on falling. But, the RSI(2) is at 0.43 currently. I believe, SNE is ready for a PopUp! Last price was 37.78$. My SL would be at 37.35$. But, instead of buying the stock itself, I would be a Call on SNE.

Now, which Call should it be? - Those of you that follow the Stockfetcher forum probably know "Mary4Money". This user is posting his optionplays that are quite sophisticated. I am also working on a more sophisticated strategy. However, it´s not done yet. So, I can only advice you the following:

1) In-the-money option: already is in the money, so the gain might be smaller
2) Out-of-the-money option: gain might be bigger - if stock moves quite a lot!

I would choose a November Call - probably in the money. This would be the Call with the symbol: SNEKG.X, last price 3.50$. The out of the money November Call is at 0.70$, the symbol: SNEKH.X. Either one of these I would choose.

Good luck,
The Stockinvestigator

Yeah, I am still alive...

Hi out there,

it´s been a while this time since my last post! I am very sorry about that. But, this week we had our Reunification Day in Germany - so I decided to take this week off! And, what a pleasure it had been. You should do this once in a while! Well, now I am back and I will continue to comment on the financial markets. However, I will not review the last trades I posted. Everything that had to be said was said. Also, no new ideas for today, why? - Right, it´s weekend, so, no stocks to be held over the weekend. Therefore, I wish you a happy weekend, see you next week,

The Stockinvestigator