Friday, March 12, 2010

Zignals Trading Strategies That Work; March 12th

With the SPY able to nick a breakout (although the parent index failed to crack above 1,150 interestingly enough) the SPX ETF was able to follow the lead of its siblings, IWM (Small Caps) and QQQQ (Tech). The end result was another good day for long trading strategy signals. We will see today which of the SPY breakout or SPX resistance is telling the truth.

Zignals Chart Image

ASX Oak
Short Exit at Stop for CSL (Sydney) at AU$36.22
Short Exit at Trailing Stop for OSH (Sydney) at AU$5.70

ASX Price x 20-day MA
Long Confirmation Entry for ALL (Sydney) at AU$4.49
Long Unacted Entry for TLS (Sydney) at AU$3.03: Entry signal given, but exited position on same stock too recently (7) days ago.

Developing a Strategy
Long Confirmation Entry for WMT (NYSE) at $53.75
Long Confirmation Entry for IBM (NYSE) at $126.0

ETFs Oak
Short Exit at Stop for QLD (NYSE) at $63.13

Forex High Winners
Long Confirmation Entry for EURUSD (FX) at 1.3630

Frankfurt High Winners
New Long Target and Stop for MTX (Frankfurt) at €41.09: Target €45.41, Stop €39.22
Long Exit at Trailing Stop for PRAF (Frankfurt) at €6.40

India Oak
Short Confirmation Entry for RNRL (Mumbai) at INR64.13
Short Entry for PGRID (Mumbai) at INR109.6

Indian High Winners
Long Confirmation Entry for CAIRN (Mumbai) at INR264.5

Indian Strength
Long Exit at Trailing Stop for MCDL (Mumbai) at INR1380.0

MA Crossover
New Long Target and Stop for C (NYSE) at $4.17: Target $4.60, Stop $3.85

My First Subscribed Strategy
Long Confirmation Entry for WMT (NYSE) at $53.75

UK High Winners
Long Entry for AIP (London) at 392p
Long Entry for LCG (London) at 123p
New Long Target and Stop for SPT (London) at 123p: Target 133p, Stop 120p

US High Winners
Long Confirmation Entry for WMT (NYSE) at $53.75
Long Confirmation Entry for IBM (NYSE) at $126.0

US Strength
New Long Target and Stop for GOOG (Nasdaq) at $581.3: Target $644.8, Stop $539.3
Long Confirmation Entry for WMT (NYSE) at $53.75

If you are interested in any of these trading strategies they can be found in the trading strategy MarketPlace. You can also build your own trading strategy using our trading system builder.

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies for global markets under the user id: ‘Fallond’, ‘ETFTrader’ and ‘Z_Strategy’ available through the latest rich internet application for finance, the Zignals Dashboard or the Zignals Trading Strategy MarketPlace.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com.

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