Symbol Short Long Trend T+5 Marginal Entry PAYX 42.69 39.37 Buy 0.85 Buy RIMM 76.51 64.52 Sell 3.06 Sell Might short Rimm today 78 area
got another now SNDK 66.23 54.15 Buy 3.08 Buy Try to buy it around 51 if U can get it I already bought a put option on Rimm strike 80...March... I'll wait for SNDK to go down further Symbol Short Long Trend T+5 Marginal Entry PAYX 42.69 39.37 Buy 0.85 Buy PCAR 72.76 67.19 Buy 1.42 PDCO 38.05 32.49 Hold 1.42 PETM 28.99 25.24 Buy 0.96 PFE 27.38 24.88 Hold 0.64 PG 61.93 58.84 Sell 0.79 PIXR 73.49 53.73 Hold 5.04 PTEN 30.46 24.87 Hold 1.43 QCOM 50.20 45.05 Hold 1.31 QQQQ 42.96 40.57 Hold 0.61 RHAT 29.49 25.77 Buy 0.95 RIMM 76.51 64.52 Sell 3.06 Sell ROST 29.67 26.99 Buy 0.68 SBUX 43.20 30.24 Sell 3.31 SEPR 61.42 53.62 Sell 1.99 SHLD 129.59 112.03 Hold 4.48 SIAL 67.19 62.74 Hold 1.14 SIRI 5.58 4.60 Hold 0.25 SNDK 66.23 54.15 Buy 3.08 Buy Symbol Yahoo symbol Short Short Price Long Long Pricee Trend T+5 Expected Trend in 5 days Marginal Entry Averge Entry with this
tlab and urbn...hmmm very close to going north without a stop for gas... I think U better watch these guys for a while
So far I've made three trades using a “new and improved” version of my Numerical Price Prediction system, all three successful. Judging from this extremely inadequate sampling, it would appear that a stop loss of about 30 pips might be sufficient in the vast majority of cases with a minimum 35-pip take-profit target. Also based on this modified strategy, I’m led to believe that GBPJPY has initiated a bullish reversal and I will therefore be entering a long position.
After rising from August 20th, GBPJPY has been more or less range bound ever since around September 25th, though it is beginning to look the tiniest bit bearish as of late. In any event, the current structure suggests to me that the 147.83 level might be a good area from which to head south, even if only temporarily.
It is unfortunate that I do not have the luxury at the moment to trade full time, for I am only just now receiving an initial signal to sell the currency pair that I shorted yesterday based on structure, only to be stopped out of my position. I am therefore reentering a short position, even though I do not yet have confirmation (again, because I do not currently have the luxury of monitoring the market and waiting for the perfect [my precise] entry levels). UPDATE: As luck would have it, I just received my confirmation while I was typing this post.
I just recuperating nearly everything that was “stolen” from me when I was stopped out of my position earlier, collecting about 32 pips in approximately 30 minutes. If I were currently trading full time, I would not have entered the position until then, and I would now be out of the trade with my profit. But as things currently stand, I’m short GBPJPY a third time to hopefully make a little money on top of having just broken even. From my perspective, that’s the beauty of Numerical Price Prediction (NPP). When executed properly, the moving averages tell me precisely when to get in and out of a given position. Comments by other traders (see above) make it crystal clear that how I regard moving averages differs sharply from the views of others, but then again, the way I apply them is unlike anything that has previously been proposed by all of the expert theorists and instructors who have graced the trading arena with their well-established, orthodox, recognized and accredited strategies, tactics, and techniques which, nonetheless, seem unable to help more than a handful of retail traders engaged in this activity profitably.