Thursday, April 22, 2010

Market Toils Forward

Markets are caught in the headlights as the issue of Greek debt continues to plague bonds. How markets can hold in the face of such negativity is the only surprise but until the trading range breaks there is very little to say.

Zignals Chart Image

In light of the quiet action there were still a number of trade signals from the 155 trading strategies available on Zignals. There were also some profit target exits for BSE Zignals (GLXO), Relative Frankfurt (VOSF), Relative UK (SSP), Tri-Indicator US Dividends (AGL) and US Uber Win (AAPL)

BSE Zignals 1 mil Rupee

Long Confirmation Entry for HTECH (Mumbai) at INR350.7

Developing a Strategy

Long Unacted Entry for HPQ (NYSE) at $53.49 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
Long Confirmation Entry for BA (NYSE) at $71.65 (EoD) on 21 Apr 10

Forex Bull Trender

Long Confirmation Entry for ZARUSD (FX) at 0.1350

Forex High Winners

Long Confirmation Entry for CADUSD (FX) at 0.9880
Long Entry for AUDUSD (FX) at 0.9270

Frankfurt High Winners

Long Entry for WCH (Frankfurt) at €109.4
Long Confirmation Entry for PFV (Frankfurt) at €56.24
Long Confirmation Entry for BAS (Frankfurt) at €46.89
Long Unacted Entry for HEN3 (Frankfurt) at €39.99 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.
Long Exit at Trailing Stop for GWK3 (Frankfurt) at €28.44
Long Exit at Trailing Stop for SZU (Frankfurt) at €15.97

Indian High Winners

New Long Target and Stop for GLXO (Mumbai) at INR1904.1 (EoD): Target INR2029.7, Stop INR1836.4
Long Entry for NTML (Mumbai) at INR299.1
Long Entry for HDIL (Mumbai) at INR294.6

Relative Irish

Long Entry for FQ3 (ISEQ) at €0.37

Relative UK

Long Entry for CNC (London) at 35p
Long Exit at Profit Target for SSP (London) at 48p

UK Golden Brown

New Long Target and Stop for CRW (London) at 413p (EoD): Target 464p, Stop 380p
Long Entry for TFW (London) at 619p (EoD) on 21 Apr 10

US High Winners

Long Confirmation Entry for BA (NYSE) at $71.65
Long Confirmation Entry for HPQ (NYSE) at $53.49

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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 MarketPortal or the Zignals Trading Strategy MarketPlace.

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