c
-turbo already pointing upwards
-but CMF is negative - distribution happening?
-need to monitor
m
-trying to go off Bollinger
-cci still above 100 - so not the time to exit first.
-MACD, CMF is tapering.
- watch.
-monsanto upside guidance might trigger it. anyway, got to watch.
Showing posts with label CLF. Show all posts
Showing posts with label CLF. Show all posts
Monday, June 16, 2008
Tuesday, June 10, 2008
Thursday, June 5, 2008
Wednesday, June 4, 2008
Wednesday, May 28, 2008
Wednesday, May 21, 2008
Monday, May 19, 2008
19/5 Trades
Entered CC of CLF & MOS. Abt 6% ATM.
Awaiting DRYS tomorrow even though premium is good at this juncture. Don't want to go for runaways. Prudence in exercising trade will be a long term character requirements for trading.
Going for some other reading now.
Awaiting DRYS tomorrow even though premium is good at this juncture. Don't want to go for runaways. Prudence in exercising trade will be a long term character requirements for trading.
Going for some other reading now.
Labels:
CLF,
DRYS,
MOS,
Trade Journal,
Trades,
Trading Pitfalls,
Trading Plan
Thursday, May 15, 2008
Thursday, May 8, 2008
8/5 Covered Calls
1. AEM 65C: 3.31 - 4.05%
2. DRYS 95C: 2.9 - 5.97
3. DRYS 90C: 3.03 - 5.61
4. CF 135C: 3.69 - 3.71
5. CLF 180: 3.19 - 4.31
6. FCX 120C: 2.3 - 4.21
7. FDG 70C: 1.86 - 4.09
8. MER 50C: 1.41 - 5.2
9. MON 120C: 2.58 - 3.3
10. MOS 125C: 3.41 - 3.97
11. MTL 160C: 2.37 - 5.12
12. POT 195C: 3.41 - 3.80
13. RIMM 135C: 1.56 - 4.87
14. SHLD 95C: 2.06 - 2.78
2. DRYS 95C: 2.9 - 5.97
3. DRYS 90C: 3.03 - 5.61
4. CF 135C: 3.69 - 3.71
5. CLF 180: 3.19 - 4.31
6. FCX 120C: 2.3 - 4.21
7. FDG 70C: 1.86 - 4.09
8. MER 50C: 1.41 - 5.2
9. MON 120C: 2.58 - 3.3
10. MOS 125C: 3.41 - 3.97
11. MTL 160C: 2.37 - 5.12
12. POT 195C: 3.41 - 3.80
13. RIMM 135C: 1.56 - 4.87
14. SHLD 95C: 2.06 - 2.78
Tuesday, May 6, 2008
Monday, May 5, 2008
Sunday, May 4, 2008
4/5 Wave count
Only an exercise:
AAPL
27/4 Approaching Wave B (it's trying to go up, though)
4/5 Still going up, no signs of abatting.
AEM
27/4Seems to be after B going to C (trending down)
4/5 5 day MA turning. Wait for LSM and trade North.
ANF
27/4 Seems to be trading (non-trending) (34 EMA looks sideways on long term)
4/5 5 day MA turning south. See other indicators.
AXP
27/4 34EMA flat now. Could not wave count.
4/5 Uptrend but wait for other indicators.
BIDU
27/4 34EMA in uptrend. C - trending up. wait for u-turn signal.
4/5 Ell at all time high but Ell Osc turning.
CAT
27/4 Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
4/5 Red sea crossing was rather flat. Ell OSC turning down.
CF
27/4 red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
4/5 Noticed that 5 day MA turning very good for detecting turning points. an once 5 day cross 34, it will continue. Still waiting for ZLR. price resting around 34 EMA.
CLF
27/4 seems to be very toppish and end of a Wave 3. See how it goes.
4/5 3 days of successive selling. Ell now turning downtrend. Red sea crossing evident.
DRYS
27/4 seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
4/5 Ell flat so could not tell trend - need to watch. cci showed almost ZLR with turbo pointing upwards.
FCX
27/4 near Trend 3 and turning?
4/5 ELL turned, showing downtrend but a number of whipsaws present.
-be careful when trading this. but at extreme turning points, confidence of trade is good.
FDG
27/4 signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
4/5 ZLR ! Having seen that 27% of the world's coal is in US and oil price so high, then coal is still a strong growth stock.
ISRG
27/4 can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
4/5 Ell crossing to upside and small buying interest in last 4 trading days.
MA
4/5 Elliott going upside but most likely exhaustion gapping. Red candle appeared and possible of reversal becos of recent runup.
MER
27/4 uptrend - going towards establishing Wave 1
5/4 Uptrend still intact even though Red candle appeared on Friday.
MON
27/4 seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
4/5 Trade ZLR. Almost 3 doji's past 3 days. Wait for cci signals.
MOS
27/4 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
4/5 ZLR but no green LSMA? Wait and see.
MTL
27/4 Either Wave 5 or extension of Wave 3.
5/4 This stock like to reject 34EMA. Friday's stock action rejected it.
POT
27/4 Could be at Wave 3. Anyway, this stock has very good potential.
4/5 Wave 3 gone. Most indicators are down.
RIMM
27/4 Almost in trading markets. could trend higher.
4/5 Friday gapped up. Ell is still sideways.
SHLD
27/4 almost at bottom of chart.
4/5 Looke like a ghost on cci. Ell is sturing up. With Americans receiving their check, it seems that they might go and buy and hence retail bullishness.
AAPL
27/4 Approaching Wave B (it's trying to go up, though)
4/5 Still going up, no signs of abatting.
AEM
27/4Seems to be after B going to C (trending down)
4/5 5 day MA turning. Wait for LSM and trade North.
ANF
27/4 Seems to be trading (non-trending) (34 EMA looks sideways on long term)
4/5 5 day MA turning south. See other indicators.
AXP
27/4 34EMA flat now. Could not wave count.
4/5 Uptrend but wait for other indicators.
BIDU
27/4 34EMA in uptrend. C - trending up. wait for u-turn signal.
4/5 Ell at all time high but Ell Osc turning.
CAT
27/4 Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
4/5 Red sea crossing was rather flat. Ell OSC turning down.
CF
27/4 red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
4/5 Noticed that 5 day MA turning very good for detecting turning points. an once 5 day cross 34, it will continue. Still waiting for ZLR. price resting around 34 EMA.
CLF
27/4 seems to be very toppish and end of a Wave 3. See how it goes.
4/5 3 days of successive selling. Ell now turning downtrend. Red sea crossing evident.
DRYS
27/4 seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
4/5 Ell flat so could not tell trend - need to watch. cci showed almost ZLR with turbo pointing upwards.
FCX
27/4 near Trend 3 and turning?
4/5 ELL turned, showing downtrend but a number of whipsaws present.
-be careful when trading this. but at extreme turning points, confidence of trade is good.
FDG
27/4 signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
4/5 ZLR ! Having seen that 27% of the world's coal is in US and oil price so high, then coal is still a strong growth stock.
ISRG
27/4 can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
4/5 Ell crossing to upside and small buying interest in last 4 trading days.
MA
4/5 Elliott going upside but most likely exhaustion gapping. Red candle appeared and possible of reversal becos of recent runup.
MER
27/4 uptrend - going towards establishing Wave 1
5/4 Uptrend still intact even though Red candle appeared on Friday.
MON
27/4 seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
4/5 Trade ZLR. Almost 3 doji's past 3 days. Wait for cci signals.
MOS
27/4 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
4/5 ZLR but no green LSMA? Wait and see.
MTL
27/4 Either Wave 5 or extension of Wave 3.
5/4 This stock like to reject 34EMA. Friday's stock action rejected it.
POT
27/4 Could be at Wave 3. Anyway, this stock has very good potential.
4/5 Wave 3 gone. Most indicators are down.
RIMM
27/4 Almost in trading markets. could trend higher.
4/5 Friday gapped up. Ell is still sideways.
SHLD
27/4 almost at bottom of chart.
4/5 Looke like a ghost on cci. Ell is sturing up. With Americans receiving their check, it seems that they might go and buy and hence retail bullishness.
Thursday, May 1, 2008
1/5 Analysis
ANF
-Looks like TT to south.
-B/70P
BIDU
-Red LSMA, Fish turning. Rest of short term signals in indicators also flat.
CAT
-Bearish seems to be flat red sea crossing.
-B/80P
CF
-Still being sold off today
-must wait till AG sector rebound.
-if buy, look B/125P
CLF
-Looking bearish. Now resting at keltner.
-S/165C
DRYS
-Seems to be ZLR today. Strong buying interest. But overall still red LSMA.
FCX
-continue selling pressure today. REsting on keltner but all indicators bearish.
-S/120C
FDG
-premiums not too good.
-looks like TT.
-skip this for now.
MOS
-potential TT setup.
MTL
-miss this one. wait for reversal.
POT
-same, wait for reversal.
RIMM
-ranging trading between 128 and 118 for 2 weeks.
-S/115P
SHLD
-a lot of tussle.
-wait out.
-Looks like TT to south.
-B/70P
BIDU
-Red LSMA, Fish turning. Rest of short term signals in indicators also flat.
CAT
-Bearish seems to be flat red sea crossing.
-B/80P
CF
-Still being sold off today
-must wait till AG sector rebound.
-if buy, look B/125P
CLF
-Looking bearish. Now resting at keltner.
-S/165C
DRYS
-Seems to be ZLR today. Strong buying interest. But overall still red LSMA.
FCX
-continue selling pressure today. REsting on keltner but all indicators bearish.
-S/120C
FDG
-premiums not too good.
-looks like TT.
-skip this for now.
MOS
-potential TT setup.
MTL
-miss this one. wait for reversal.
POT
-same, wait for reversal.
RIMM
-ranging trading between 128 and 118 for 2 weeks.
-S/115P
SHLD
-a lot of tussle.
-wait out.
Wednesday, April 30, 2008
30/4 Analysis
AAPL
- Approaching Wave B (it's trying to go up, though)
-Major trend still going up, wait for red sea crossing.
AEM
- Seems to be after B going to C (trending down)
-still not confirm C but Fish is tapering. But today's candle at 1124 hrs is holding above y'day's close by +1.9%
ANF
- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
-potential TT but rest of indicators still uptrend.
AXP
- 34EMA flat now. Could not wave count.
-quite a number of doji the past few days.
-no clear trend yet.
BIDU
- 34EMA in uptrend.
-Fish and Elliott at extremes. wait for red LSMA.
C
- trending up. wait for u-turn signal.
-
CAT
- Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
-Fish already turning and divergence on Fish.
-Consider S/85 calls
CF
- red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
-IFT turning down but 34EMA providing good support
-Consider S/160Calls.
CLF
- seems to be very toppish and end of a Wave 3. See how it goes.
-S/170C
DRYS
- seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
-turning since last comment.
-S/90C
FCX
- near Trend 3 and turning?
-Ell and Fish turned, most indicators bearish.
-S/120C
FDG
- signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
ISRG
- can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
-IFT turned slightly but Fish and Ell turning. Green LSMA appeared.
-B/300C or S/270P
- seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
-See if TT happens then trade
MOS
- 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
-wait for reversal to upside.
MTL
- Either Wave 5 or extension of Wave 3.
-Divergence on MACD but 34EMA providing some pause - doji.
-B/135P or S/160C
POT
- Could be at Wave 3. Anyway, this stock has very good potential.
-Same as MTL.
-S/200C or 210C or B/170P
RIMM
- Almost in trading markets. could trend higher.
-S/115P
SHLD
- almost at bottom of chart.
-IFT cross -0.5 so bullish.
-B/105C & S/95P
- Approaching Wave B (it's trying to go up, though)
-Major trend still going up, wait for red sea crossing.
AEM
- Seems to be after B going to C (trending down)
-still not confirm C but Fish is tapering. But today's candle at 1124 hrs is holding above y'day's close by +1.9%
ANF
- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
-potential TT but rest of indicators still uptrend.
AXP
- 34EMA flat now. Could not wave count.
-quite a number of doji the past few days.
-no clear trend yet.
BIDU
- 34EMA in uptrend.
-Fish and Elliott at extremes. wait for red LSMA.
C
- trending up. wait for u-turn signal.
-
CAT
- Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
-Fish already turning and divergence on Fish.
-Consider S/85 calls
CF
- red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
-IFT turning down but 34EMA providing good support
-Consider S/160Calls.
CLF
- seems to be very toppish and end of a Wave 3. See how it goes.
-S/170C
DRYS
- seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
-turning since last comment.
-S/90C
FCX
- near Trend 3 and turning?
-Ell and Fish turned, most indicators bearish.
-S/120C
FDG
- signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
ISRG
- can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
-IFT turned slightly but Fish and Ell turning. Green LSMA appeared.
-B/300C or S/270P
MER
- uptrend - going towards establishing Wave 1
- seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
-See if TT happens then trade
MOS
- 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
-wait for reversal to upside.
MTL
- Either Wave 5 or extension of Wave 3.
-Divergence on MACD but 34EMA providing some pause - doji.
-B/135P or S/160C
POT
- Could be at Wave 3. Anyway, this stock has very good potential.
-Same as MTL.
-S/200C or 210C or B/170P
RIMM
- Almost in trading markets. could trend higher.
-S/115P
SHLD
- almost at bottom of chart.
-IFT cross -0.5 so bullish.
-B/105C & S/95P
Tuesday, April 29, 2008
Monday, April 28, 2008
Friday, April 25, 2008
25/4 Analysis of cci
AIG - no trend form
BNI - ZLR uptrend
CSX - ZLR up
LEH - could not see
MER - no trend yet.
RIMM - red sea crossing? opening at midpoint. 34EMA uptrend.
- support at 121 trendline.
CLF - red sea crossing. however, still 34EMA uptrend but Fish and Elliott turning. W/Options at 165.
DE- red sea crossing. Fish and Ell turning.
DRYS - wait for red LSMA.
X - seeing selling pressure for 3 days. Fish and Elliott turning.
BNI - ZLR uptrend
CSX - ZLR up
LEH - could not see
MER - no trend yet.
RIMM - red sea crossing? opening at midpoint. 34EMA uptrend.
- support at 121 trendline.
CLF - red sea crossing. however, still 34EMA uptrend but Fish and Elliott turning. W/Options at 165.
DE- red sea crossing. Fish and Ell turning.
DRYS - wait for red LSMA.
X - seeing selling pressure for 3 days. Fish and Elliott turning.
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