CFD Trades - Trending Shares

Weekly Update

Hi pilot

 

Thanks for all the accurate and continuous updates man. The novice traders out here really appreciate it.

Just looking at your excel spreadsheet sum formula for the weekly return.. did you forget to include NPN, SOL and CFR in your current profit/ loss for the week, or are you excluding them for a particular reason?

 

Thanks man enjoy the rugby 

Thanks Rick for pointing out the mistake, I corrected it on the new sheet attached.

Hi pilot

Thanks for all the accurate and continuous updates man. The novice traders out here really appreciate it.

Just looking at your excel spreadsheet sum formula for the weekly return.. did you forget to include NPN, SOL and CFR in your current profit/ loss for the week, or are you excluding them for a particular reason?

Thanks man enjoy the rugby 

Morning Everyone

Attached is the weekly update on the portfolio.

This week the portfolio made R31400 (11.35%), which is mid range in the 5-15% that I am aiming for weekly. The exposure this week has been lower than previous weeks, but still a good return. The portfolio is up to R308 400 (54%) for the 4 weeks, and on Wednesday it will be a full month of trading.

For the week ahead.

The ALSI has bounced of it's 7 year bull support and has shown divergence (but only short term). This will be an interesting scenario to see which way we are going. The ASLI is still below its 200d wma @ 51910 and should go up to test it on Monday. It's only 0.42% away, and the closing price on Monday will indicate if there is enough momentum for a recovery, and if this is just a short term bounce. My feeling is the latter, as the longer term indicator are still showing more downside to come.

The weekly indicators are also showing no sign of a turnaround yet.

The portfolio is still mainly bearish, with most shares trading in their downtrend and I am still sticking with most short positions, although Monday might be a red day for the portfolio.

Enjoy the weekend and the rugby. (I'm off to watch the clash of the weekend, at Newlands and my son is dying to meet Duane "die bus is vol" Vermeulen)

Cheers

P

Ps. Will post next week's spread sheet on Sunday evening.

Market is boring today 

Morning Everyone

Attached is the updated portfolio with some new orders I'm adding for today. The exposure has been lower than normal, but still a very good week thus far.

The trend is still down and a few new triggers has been hit to the downside. Only MPC has triggered a long trade, but the entry is way below yesterday's close. Have my doubts if it will trade.

Enjoy your day. (will be back at around 12:00)

P

Edited by Pilotpilot, 05 June 2015 - 08:29 AM.

Ye, she is a wild child, why me sticks to the TOP40 but also busy with a much larger top pattern, the 7 year cycle in stocks have finally arrived!

 

Down for the next 5 months, people just got too greedy!

 

A

thanks for that info. read up about it now that you mentioned it. 

Hey Pilot,

 

How is NPN looking on your charts? short to come? broke support.

 

MPC looking real good 

Like the short on NPN. Triggered yesterday and didn't check this one.

Update attached....have to run.

Chat tomorrow,

Thinking about it big time but i always burnt my fingers trying to short NPN. will see on open tomorrow

Ye, she is a wild child, why me sticks to the TOP40 but also busy with a much larger top pattern, the 7 year cycle in stocks have finally arrived!

Down for the next 5 months, people just got too greedy!

A

NPN broke down out of a huge H&S so short and hold bigtime!

 

Should have sticked to my first view on this bullmarket that topped in April!

 

A

Thinking about it big time but i always burnt my fingers trying to short NPN. will see on open tomorrow

vod sitting on long term support

Hey Pilot,

 

How is NPN looking on your charts? short to come? broke support.

 

MPC looking real good 

NPN broke down out of a huge H&S so short and hold bigtime!

Should have sticked to my first view on this bullmarket that topped in April!

A

Hey Pilot,

How is NPN looking on your charts? short to come? broke support.

MPC looking real good 

The magic number for closing today is R20-21, but R20-40 would be better. Yesterdays close will be regarded as a false break, and we are back in the trend, if we close R20-21 or better. There will be more resistance @ R20-20, so be weary of that.

If it doesn't break back in the trend, there will be better buying opportunities in the weeks to come.

See the chart attached.

Ha Ha

Its the only share in my portfolio that has broken any walls today. The rest of the portfolio looks like it has a slow puncture

Taking a beating on my SGL

I will be a good sport and say well done to you guys that stuck that out hi 5 well done on breaking down the wall! 

 Great wall is giving way!!

Never, they just put some cement back in lol 

Here come the battering rams 

 Great wall is giving way!!

Here come the battering rams 

Wall of China is cracking a bit

It's a big wall      can take plenty of cracks lol