I am starting a new thread for the 4th week of September. All troops target on long term trading. All percentages are the dollar amount allocations of each troop. The following lists my positions as of last Friday:
Big Troop:
- EFA 20% (15%-09/06, 5%-09/13)
- EEM 30% (20%-08/31, 10-09/13)
- IWM 20% (20%-08/08)
- SPY 30% (10%-07/05, 10%-07/11, 10%-07/24)
- Cash 0%
SAC Troop:
- TBT 14% (14%-09/14)
- ERX 10% (10%-09/07)
- QLD 23% (23%-09/06)
- SSO 24% (24%-09/06)
- FAS 12% (8%-08/13, 4%-08/27)
- NUGT 8% (3%-08/21, 5%-08/27)
- Cash 9%
I'm glad to help if you have any question about my trading (long term, short term, stock, or FX/Futures).
Q. How to PM? A. If you are on a forum, you know how to PM me. If you are on my blog, please put your email address in a comment (you can remove your email address once you receive my private email.)
My Trade for last week:
http://perfectew.blogspot.com/2012/09/my-trade-2012-09-w3.html
PLEASE JOIN MY BLOG AS A FOLLOWER. I WILL PRIVATIZE THE BLOG ONCE WE REACH A SIZEABLE NUMBER OF AUDIENCE. THANKS!
I just sold QLD and FAS at market opening.
ReplyDeleteThe selling of QLD made me a trivial profit: +1.6% of the purchase price (or +0.4% of the whole SAC Troop fund).
DeleteThe selling of FAS made me a small profit: +15.9% of the purchase price (or +1.9% of the whole SAC Troop fund).
I sold TBT just now.
ReplyDeleteThe selling of TBT incurred me a trivial loss: -4.4% of the purchase price (or -0.6% of the whole SAC Troop fund).
DeleteI sold NUGT just now.
ReplyDeleteThe selling of NUGT made me some profit: +41.2% of the purchase price (or +3.3% of the whole SAC Troop fund).
DeleteI am going to sell half of my IWM (10% allocation) at MOC price.
ReplyDeleteThe selling of IWM made me a trivial profit: +6.4% of the purchase price (or +0.6% of the whole Big Troop fund).
Deleteda niu, can you also post add wave chart of aud.usd. appreciate it
ReplyDeletePearl Harbor - Thanks for following my posts. I don't trade AUD. Probably the best way for us to discuss is on some generic topics of AUD.
DeleteWe sold the following stocks today: QLD, FAS, TBT, NUGT, and half of IWM. The following explains my portfolio as of today's close:
ReplyDeleteBig Troop:
- EFA 20% (15%-09/06, 5%-09/13)
- EEM 30% (20%-08/31, 10-09/13)
- IWM 10% (10%-08/08)
- SPY 30% (10%-07/05, 10%-07/11, 10%-07/24)
- Cash 10%
SAC Troop:
- ERX 10% (10%-09/07)
- SSO 24% (24%-09/06)
- Cash 66%
The market gapped down right above late Thursday's low and climbed back up to match last Friday's close. The candlestick combination of these two days confirming again that the market is in a trading range: 1450 - 1467, and the center line of this range is at around: 1457-1460. Still, there is no clear direction in short term because the market is confined inside a trading range that is pressured by short term bears and is supported by medium term bulls.
Wave count (based on the purple line scenario):
06/19's high = [A]
07/24's low = [B]
08/21's high = I
09/04's low = II
09/14's high = III
09/20's low = a
09/21's high = b
09/27's low = IV.c
We are at crossroad between purple line and grey line scenario:
Purple: The market will pull back and reach at 1445 (0.382) or 1436 (0.5) on 09/27 (Thursday) to complete wave IV.c. After that, wave V bull run will start and head to 1485 or 1496.
Grey: The market will start going up to 1528.
PLEASE JOIN MY BLOG AS A FOLLOWER. I WILL PRIVATIZE THE BLOG ONCE WE REACH A SIZEABLE NUMBER OF AUDIENCE. THANKS!
I sold my SSO just now.
ReplyDeleteThe selling of SSO made me a trivial profit: +3.1% of the purchase price (or +0.8% of the whole SAC Troop fund).
DeleteI am going to make the following transactions at MOC in my Big Troop fund:
ReplyDelete1. Sell half of EFA (10% dollar allocation).
2. Sell half of EEM (15% dollar allocation).
3. Sell 1/3 of SPY (10% dollar allocation).
4. The rest of IWM (10% dollar allocation).
The selling of EFA made me a trivial profit: +0.8% of the purchase price (or +0.1% of the whole Big Troop fund).
DeleteThe selling of EEM made me a trivial profit: +0.3% of the purchase price (or +0.0% of the whole Big Troop fund).
The selling of IWM made me a trivial profit: +4.8% of the purchase price (or +0.5% of the whole Big Troop fund).
The selling of SPY made me a trivial profit: +5.3% of the purchase price (or +0.5% of the whole Big Troop fund).
I sold ERX just now.
ReplyDeleteThe selling of ERX made me a trivial profit: +2.3% of the purchase price (or +0.2% of the whole SAC Troop fund).
DeleteWe sold the following stocks today: IWM, SSO, ERX. Today we also sold half of: EEM and EFA, and 1/3 of SPY. The following explains my portfolio as of today's close:
ReplyDeleteBig Troop:
- EFA 10% (10%-09/06)
- EEM 15% (15%-08/31)
- SPY 20% (10%-07/11, 10%-07/24)
- Cash 55%
SAC Troop:
- Cash 100%
The market failed to maintain morning's up move by sliding down and breaking the support area (1450) of recent trading range. The short term trend is going down to find a next support: 1436 (0.5) or 1426 (0.618) on 09/27. Disregarding that we are seeing a bearish short term, long term trend is still going up.
Wave count (based on the purple line scenario):
06/19's high = [A]
07/24's low = [B]
08/21's high = I
09/04's low = II
09/14's high = III
09/20's low = a
09/21's high = b
09/27's low = IV.c
The market picked the purple route to take. After the wave-IV.c finishes, we will see wave V bull run to 1485 or 1496.
PLEASE JOIN MY BLOG AS A FOLLOWER. I WILL PRIVATIZE THE BLOG ONCE WE REACH A SIZEABLE NUMBER OF AUDIENCE. THANKS!
No trade for today. The following explains my portfolio as of today's close:
ReplyDeleteBig Troop:
- EFA 10% (10%-09/06)
- EEM 15% (15%-08/31)
- SPY 20% (10%-07/11, 10%-07/24)
- Cash 55%
SAC Troop:
- Cash 100%
The market continued sliding down and broke 1436 (0.5) with no hesitation. Tomorrow it will test next support area at around 1426 (0.618), which is also the high of previous consolidation (08/21). Disregarding that we are seeing a bearish short term, long term trend is still going up. If 1426 fail to hold, we will need to change the big picture.
Wave count (based on the purple line scenario):
06/19's high = [A]
07/24's low = [B]
08/21's high = I
09/04's low = II
09/14's high = III
09/20's low = a
09/21's high = b
09/27's low = IV.c
After wave-IV.c finishes, we will see a wave-V bull run to 1485 or 1496 to end the bull market.
PLEASE JOIN MY BLOG AS A FOLLOWER. I WILL PRIVATIZE THE BLOG ONCE WE REACH A SIZEABLE NUMBER OF AUDIENCE. THANKS!
No trade for today. The following explains my portfolio as of today's close:
ReplyDeleteBig Troop:
- EFA 10% (10%-09/06)
- EEM 15% (15%-08/31)
- SPY 20% (10%-07/11, 10%-07/24)
- Cash 55%
SAC Troop:
- Cash 100%
The market gapped up without filling up the gap of yesterday's close, showing some degree of its internal strength. Since we are in a short term corrective wave that is inside the up-moving long term one, the correction seemed completed yesterday given today's price action. Tomorrow will be a big day: 1. IF the market gaps up above today's high, it will surge (the purple line). 2. IF the market gaps down below 1440, it provides a good opportunity to buy dips (, but remember that the long term trend is still up unless 1426 fails to hold).
Wave count (based on the purple line scenario):
06/19's high = [A]
07/24's low = [B]
08/21's high = I
09/04's low = II
09/14's high = III
09/20's low = a
09/21's high = b
09/26's low = IV.c
Wave-IV.c seemed to have finished. We are in wave-V bull run to 1485 or 1496 to end the bull market. I will be busy next few weeks. If you have any question, I'll try to find time to answer as possible as I can.
PLEASE JOIN MY BLOG AS A FOLLOWER. I WILL PRIVATIZE THE BLOG ONCE WE REACH A SIZEABLE NUMBER OF AUDIENCE. THANKS!
No trade for today. The following explains my portfolio as of today's close:
ReplyDeleteBig Troop:
- EFA 10% (10%-09/06)
- EEM 15% (15%-08/31)
- SPY 20% (10%-07/11, 10%-07/24)
- Cash 55%
SAC Troop:
- Cash 100%
The market closed as a doji inside the range of last two days, contained by today's upside gap and yesterday's lower gap. We will see a clear direction next week. The market will decide what direction to take by breaking out the flat range (1430-1450): 1. The market resumes its long term uptrend by going above 1450 (purple line). 2. IF the market goes below 1430, the big picture becomes very bearish.
Wave count (based on the purple line scenario):
06/19's high = [A]
07/24's low = [B]
08/21's high = I
09/04's low = II
09/14's high = III
09/20's low = a
09/21's high = b
09/26's low = IV.c
09/27's high = 1
09/28's low = 2
10/02's high = 3
10/04's low = 4
10/08's high = V.5 (1490)
Wave-IV.c seemed to have finished. We are in wave-V bull run to 1485-1490 to end the bull market. I will be away from the market starting next Wednesday for couple weeks. If you have any question, I'll try to find time to answer as possible as I can.
PLEASE JOIN MY BLOG AS A FOLLOWER. I WILL PRIVATIZE THE BLOG ONCE WE REACH A SIZEABLE NUMBER OF AUDIENCE. THANKS!