Tag: opportunity

 

The ‘fishing net’ idea

I’ve referred to this in passing, so I thought I’d define it more clearly. The ‘fishing net’ is a term used analogously to a real fishing net. When a fisherman goes out to sea his net may be of a certain type. He doesn’t expect to catch every fish. Different mesh sizes means that he’ll catch fish only over a certain size. In trading terms I’m setting up my strategies to do similar. Like theRead More

Stalking NZDUSD

This weekly chart below shows how I’m stalking the NZDUSD pair. I’ve set up alerts on Tradingview to tell me if/when price falls below 20 on the RSI. If that happens I’ll then make an assessment on whether I enter a trade. A lot of people out there have already gone long on this pair. A lot of people often get it wrong. I could see why they might go long – and they couldRead More

Stalking ADOBE

Ignore most of the wavy lines on the chart below (click to get larger view). Importantly, most of the time following an earnings release on ADOBE, price has jumped. And that pattern is just about right for an earnings release (ER) play. Price doesn’t have to stay up – remember the ideas is to take the money and run like a thief in thuh night!! LOL. The earnings release is on 16th June 2015. I’veRead More

COSTAR UPDATE

Look at COSTAR in immediate chart below. See: Stalking COSTAR – again. 4H chart below Compare with COSTAR at 2015-05-20 (below).

IN THE SCOPE – UNITED NATURAL

It’s easy to spot a trendline on the weekly chart below of United Natural. Of course, no instrument is obliged to follow a trendline! This may not be an ideal one but I put it in the scope for the value of experience only. Analysis on the daily charts for this one shows that price tends to fall at earnings releases. So, this is not an Earnings Release play. Favourable features: 1. Fairly undersold onRead More

Indecent proposal

I’m very much a student of human nature. That often leads me to conversations with people on all sorts of things. My story today is motivated by a few things this week. Firstly I had yet another brief conversation with a taxi driver. He took me from home to my local train station. I was on my way into London from where I’m writing this – in a hotel room. I’m working in London thisRead More

TIFFANY and LANNETT in the scope

Tiffany is at an interesting position. The gurus hold mixed views on whether Tiffany will rise or fall. Of course, listening too much to gurus is not part of this business. It’s about acceptable loss and risk management. [Updated: see out come on Tiffany below, after this was posted.] Price on Tiffany has been moving up and down but overall sideways in the last few days. It’s definitely down today before the earnings release ofRead More

Profit from panic?

The chart below is most interesting and amusing. Clearly a bunch of people thought that this stock was gonna collapse so they put in orders to sell at the earnings release. They got it wrong. Read on. The one hour chart shows the madness better. But why did price decide to rise at the bottom of that big green candle? The 4h chart tells why. Remember this stuff is happening in America (mostly) – whereRead More

Stalking COSTAR – again

The chart below shows a very observable pattern to COSTAR. It is doubtless a channel. The first thing that will come to mind is that, “It’s purely by chance.. there’s no reason why this is happening”. We may not be able to see the reason, but the pattern is undeniable. Amazingly this does not only happen with COSTAR or any one group of equities. From experience it happens in loads of equities, forex and otherRead More

A few possible snipes on the radar

The following are a few candidate snipes on my radar. There are several different ways to play these. The sue-yourself principle applies.