KLBF - opportunity for BOW

There's an opportunity in KLBF, at 26 Jan 2011, it broke downtrend line but the next day retrace again and the downtrend line became support. I taught we could enter at the low candle (2875 - mini lot) and let the price kiss goodbye to its downtrend line and if it break 3000 as confirmation of bull, we add position with full power with the target price in short term is around 3350-3400. Stop loss set at 2750. If the trend is still powerful, it could be back to 3600-3825.

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

BJBR - continuation, AC green over the zero line

Although BJBR seems like hard to going up, the indicator AC says the opposite, it greens again over the zero line. See the Gator, its bigger, like the beat is very fast. Stop loss raised to 1160 as the low of five bar consecutive. As I told earlier, the next buy signal is when the price close above 1230 as up fractal. Buy stop at 1240.

Regards,

JNS

~We do our best and GOD will do the rest~

SMCB - AC crossing zero-line

As expected again, the AC crossing zero line, which is a buy signal again. You can raise Stop Loss to 2000 (five bar consecutive). Gator is like alligator's heart beat, in the last six bar it beat faster than before. In the several days after, we should see alligator will "eat" something (the trend is valid) whether is up or down. Buy, the lips is ready to reverse, my opinion it will cross the alligator's teeth and jaw (cross my finger).

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

CPIN - fibonacci

Interesting fibonacci!! We have opportunity to trading based on fibonacci retracement, as if tomorrow's candle can close > fibo 23.6% (1540) with target price fibo 50% (1700). Stop loss if candle close below 1540 (false break). Want to try? But, tomorrow is Friday, so be very careful, put your order near 4:00 pm to make sure the form of the candle at close.

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

AKRA - divergence and W1?

When I saw this chart, I just found that there is divergence between the price and AO for 4 consecutive peak. According to Bill Williams, it's time to take profit when you found divergence in 4 consecutive peak AO (best signal to exit from market/SOS).

Another interesting things are that the last 3 candle is W1 potential (divergent bar and red AO), but the days after candles can't close over the buy stop (1480) plus AO still downtrend, AC is still downtrend, GATOR position also shows that the power of bear is bigger than the power of bull.

Let's see next candle, is it any indication for reversal (with power)?

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

SMCB - Super AO

As expected, today SMCB got SUPER AO buy signal. The next buy signal is AC zero crossover, AO zero crossover, break fractal etc. Gator indicator shows that the trend is powerful. Let's surf the wave...

Happy trading.

Regards,

JNS

~We do our best and GOD will do the rest~

BJBR - AO green plus AC zero cross over

Although today's candle is red, I think it's just pullback, I enter the Super AO buy signal plus the AC crossover buy signal. The next buy signal is break fractal 1230, buy 1 tick above only if BJBR close 1240, not the false break. The strategy is buy at near close and use money management properly. :)

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

SMCB - waiting for Super AO

Now, we're waiting for SUPER AO signal. There is only 2 green AO, so it's not confirmed yet. Let's see, if tomorrow's close is higher than today's high, then we have to add our position.

Happy trading.

Regards,

JNS

~We do our best and GOD will do the rest~

BJBR - Super AO

After signal W1 confirm in day 2, BJBR can move upward as expected. As per today's candle, there is SUPER AO signal (3 green AO). So, tomorrow we may enter at today's close (1220).

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

TKIM - reversal at 78.6% fibonacci

Unbelievable, after long time sideways around 61.8% fibonacci, TKIM can't rebound, then it's rebound after touched 78.6% fibonacci ratio. We'll see whether this Technical Analysis works.

Happy Trading!!!

Regards,
JNS
~We do our best and GOD will do the rest~

PNLF - double top

From my point of view, by TA, PNLF formed double top pattern, which the neckline is 185. Yesterday's candle break down neckline, then it's confirm that pattern with target price of 160.


Regards,
JNS
~We do our best and GOD will do the rest~

WIsemen 1 (continued)

Based on closing of 6 stocks posted yesterday (ANTM, INTP, ITMG, SMCB, SMGR, DOID), no stocks closed over our buy stop. Then, we can't enter any of those 6 stocks.

But actually, there is one stock confirm as W1, that is BBTN.

Yesterday's candle potential W1 and confirmed by today's candle which above yesterday's high.

Strategy: Buy at close = 1340, stop loss = 1250, risk = 90 (6.7%).

Please use tiny lot for this counter trend trading strategy.

Happy Trading...

Regards,

JNS

~We do our best and GOD will do the rest~

DOID - map for AI

Ternyata DOID jg applied W1 signal, here is the trading plan:

Buy stop: 1290

Stop loss: 1220

Risk: 70 (5.43%)

Why risk is very low? because the bullish divergent bar is not so tall.

Remember, this is counter trend trading, entry with small lot, if the reversal confirmed, we can add on position based on another buy signal.

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~

Wisemen 1 of Profitunity Trading System

Hi All,

back again to my technical analysis blog.

Right now I want to share to you about the powerful Profitunity Trading System (created by Bill William). Some of you might have heard this system. If not, you can read the book "Trading Chaos" for your home learning process. It's very widely used in forex trading but can be also applied in stock trading.

Bill William actually told us not to trade if the price is under the alligator, because the profitunity trading system basically is trend trading system. But, there are exceptions, which one of those is Wisemen 1 (W1).

If there is a bullish divergent bar (lower low bar and close in the upper half of the bar), we have to see AO still red and below 0 plus there must have angulations between price movement and the alligator mouth.

Because the W1 is counter-trend trading, we have to be very careful by trade only small position. It's a gambling phase buy it can be "the best position in the world" says Bill.

Yesterday, I found so many long shadow candle, but, are those candle apply as W1? I'll show you some which apply W1 condition, as follow:

1. ANTM

Strategy:

Buy stop: 2275 (1 tick from high of divergent bar)

Stop loss: 2150 (1 tick lower from low of divergent bar)

Risk: 125 (5.50%)

2. INTP

Strategy:

Buy stop: 13650 (1 tick from high of divergent bar)

Stop loss: 12700 (1 tick lower from low of divergent bar)

Risk: 950 (6.96%)

3. ITMG

Strategy:

Buy stop: 48450 (1 tick from high of divergent bar)

Stop loss: 43650 (1 tick lower from low of divergent bar)

Risk: 4800 (9.91%)

4. SMCB

Strategy:

Buy stop: 1980 (1 tick from high of divergent bar)

Stop loss: 1860 (1 tick lower from low of divergent bar)

Risk: 120 (6.06%)

5. SMGR

Strategy:

Buy stop: 8000 (1 tick from high of divergent bar)

Stop loss: 7200 (1 tick lower from low of divergent bar)

Risk: 800 (10.00%)

Now, after we look at those potential opportunity stocks, we have to choose and apply money management that fits to our risk profile.

The questions is, how much is the target reward? Because this system is trend-following strategy, there is no target set at the beginning, but we have to let the profit run until the chart says to exit. Moreover, we also have to enter another buy signal Wisemen 2 (Super AO) and Wisemen 3 (Fractal) if exist.

We will study W2 and W3 later on, I'll post it whenever the signal occur.

Happy trading...

Regards,

JNS

~We do our best and GOD will do the rest~