20090920 EFX NYSE

1. INteresting setup with agreement in weekly and daily chart.
2. I seldom see chart with this kind of potential.
3. IN for the medium term.
4. Best entry around 28.5 area.
   
   

20090917 MMSI Nasdaq

1. INtriguing short term play.
2. Will i have any time to buy in?
   

20090916 HCC INsurance NYSE

• Deja Vu again.
• Wondering should i buy at support or pre-empt it this time.
• Very few chart which will temp me this much.... thinking..
  
  

20090914 UAW

1. Another stock with BO signature.
2. RR is pretty good if i can buy at 9 area.
3. Let's see whether i can get a fill today.
   

20090904 NIIH Nasdaq

1. Clear my NZ for some pockets money recently. Not nad for first purchase.
2. NIIH looks good
3. This one might needs even more patience than NZ.
4. hm....
   
   

20090814 NZ Revisited

1. First update after my entry on July.
2. Not the best call but i am happy with what i have now.
3. Monitor closely on 10 resistance and its upcoming result announcement.
   

20090717 Netezza NYSE

1. Like the setup which meets my requirement in multi time frame (week and daily bullish)
2. The OBV is really showing something is brewing.
3. I will give it sometime to mature and prevent short term trading.
4. Will follow the trading plan for this.
5. Time to understand more on TD platform :)
   
   

20090619 Hudson City Bancorp, Inc. (HCBK)

1. 1st stock which i will buy due to its high R/R.
2. Will buy when profit taking takes place the next day because of the last minute bull raid.
   
   
   

20090612 EXAR

1. The first stock where i will put my money in.
2. Should i detach myself from its biz fundamental?
3. Using intraday pattern will be tough as the time zone difference.
4. Instead i will go for longer time frame swing as swing trader.
5. The bearish undertone is now history from the weekly chart but the mark up position might still be sometime ahead.
6. It is relatively better candidate so far.
   
   

20090529 VMED

1. Better candidate on the verge of breaking out again.
2. Likely to make new high to 10 but should has retest of support.
3. hmm... trade...
   

20090529 EGLE (NASDAQ)

1. First stock in monitor list
2. The day chart is interesting but still no buy trigger.
3. Risk/Reward around 2 at current price is not too enticing.
4. Wait and see.
   

Master Trading T&C

When the rubber meets the road...

• Found out tradery tool can import all trade data for US stock exchange and i had managed to merge them into my metastock. This removes one of my biggest headache of screening US stock as i am more technical based trader rather than fundamental based investor.
• This portfolio is to enable a pre-check of my ability to make money in US stock exchange. As liquidity is a main problem for trading, the stock must have high/mild volume before any trading.
• Pattern trading will be preferred rather than breakout chasing.

BUY RULE:

1. Flag pattern with support seen at 5 or 10MA.
2. Volume pattern must shrink during consolidation.
3. Weekly chart must be bullish biased and prefer in some sort of conso mode.
4. Use discreet PV pattern to pinpoint entry point.
5. R/R >3 or above is preferred.
6. Holding period is 20 days (a month).
7. 3 entry positions might be in place later.
8. Coooper 123 and flag penchant is preferred.
9. Price should be above 200MA
10. Might try to indulge in bear raid (VOL spike with minimal price drop) **

Sell Rule:

1. Obvious distribution like bearish candle with high volume
2. Hit time cut loss threshold without any obvious movement.
3. Sell partly (maybe not now as not enough invested capital) when hit target.

updated:20090527