Bullish vs. Bearish

Trading Rules

Posted on May 3rd, 2008 by bear.
Categories: Technical analysis.

I just read some technical analysis materials and I’ve decided to share their “wisdom” with you. What I’ll realy try to do is to summarize some trading rules that I found very interesting in order to improve one’s portfolio management.

1. Cut your losses;
2. Let your profits run;
3. Never average you losses;
4. Wait for a clearly defined situation;
5. Never try to compensate a loss;
6. Stick to your own style and strategy;
7. Avoid emotions and analyze everything;
8. Never trade on figures - market discounted them already;
9. Don’t be a hero - always question yourself and your abilities;
10. Be flexible - expect the unexpected;
11. Use intelligent stops and lock in a profit as the trend continues;
12. Look for trading opportunities which are not too much observed;
13. Never bet everything on one trade.

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The mighty euro!

Posted on April 22nd, 2008 by bull.
Categories: Technical analysis.

At the time I’m writing this post, EURUSD is testing the psychological value 1.6. It seems that EURUSD is not getting any resistance in its way up. But is that so? What will happen at this level? If we take a look at the price movements will see some interesting things. The trend is bullish, but in the last period it seems that is loosing power. At a first look I see a rising wedge formation, which usually is not a good sign for bulls. Looking at MACD, Momentum and RSI it is very clear that we have a bearish divergence on every indicator, which is another reason for making the bulls nervous . So, there are two signs that the movement up is weakening. Will be 1.6 a turning point for EURUSD?

Chart

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Raport AT 12.08.2007

Posted on August 12th, 2007 by bear.
Categories: Technical analysis.

Strans corelat cu evolutia pietelor externe, trendul actiunilor listate pe piata de capital romaneasca ramane caracterizat de o volatilitate ridicata. Inchiderea din aceasta saptamana gaseste indicii BET si BET-C ai Bursei de Valori Bucuresti la valori usor superioare celor de saptamana precedenta, in timp ce indicele societatilor de investitii financiare s-a depreciat cu aproximativ 2%.
Variatia saptamanala a indicelui BET a fost una pozitiva, valorile acestui osciland desupra nivelului suport derivat din retragerea Fibonacci de 23.6%. Miscarea corectiva inceputa din momentul marcarii maximelor istorice ar putea continua cu valul al treilea (c), posibelele nivele minime ale acestuia putand fi indicate de retragerile Fibonacci de 23.6% sau 38.2%.BET-C a incercat o usoara revenire ultima saptamana, insa corelatia evolutiei sale cu cea a indicilor pietelor externe a determinat o stabilizare a acestuia la valori usori superioare a 0.50%.
Indicele societatilor de investitii financiare si-a continuat evolutia descendenta. Inchiderea din ultima sedinta de tranzactionare este situata usor atat sub linia de trend ascendent cat si sub media mobila de 50 de zile. Stabilizarea BET-FI la acestea valori ar putea transforma aceste repere in puternice nivele suport. In caz contrar, urmatorul nivel suport de referinta este dat de catre retragerea Fibonacci de 38.2% situata in jurul valorii de 8,000 puncte.

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