Monday, May 24, 2010

FTSE 250 Takes a Breather

London markets were attempting to stabilize after last week's heavy selling. For the FTSE 250 ETF (MIDD) the 200-day MA currently at 932.65p should offer some demand given there has been no support test of this key moving average since the break through last April.

Mesured move targets remain following the confirmed break of the neckline, so while a long-side 'buy' offers itself at the 200-day MA it might not last. A rally could go as far as the 50-day MA before enountering significant supply.

Zignals Chart Image

Of my 58 trading strategies, it was a busy day for Indian, Canadian and US strategies. Many of the signals were unacted longs triggered by Friday's sharp gains in U.S. markets. Short strategies continue to offer trading opportunities.

ASX Oak

New Short Target and Stop for ORG (Sydney) at AU$14.02 (EoD): Target AU$12.47, Stop AU$15.24

ASX Price x 20-day MA

Long Exit at Stop for WPL (Sydney) at AU$39.56

BSE Zignals

Long Exit at Stop for TELCO (Mumbai) at INR689.8
Long Exit at Stop for CAIRN (Mumbai) at INR268.9

Commodities Oak

Short Entry for SlvUSD (Commodities) at $18.24

Developing a Strategy

Long Exit at Stop for AAPL (Nasdaq) at $231.7

Forex Bull Trender

Long Exit at Trailing Stop for ZARUSD (FX) at 0.1250

Forex Elm

Long Exit at Trailing Stop for AUDUSD (FX) at 0.8150
Long Exit at Trailing Stop for NZDUSD (FX) at 0.6620

Forex High Winners

Long Exit at Stop for AUDUSD (FX) at 0.8320

Frankfurt High Winners

Long Unacted Entry for DAI (Frankfurt) at €38.16 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.
Long Exit at Stop for WCH (Frankfurt) at €98.28

India Oak

New Short Target and Stop for VSNL (Mumbai) at INR240.3 (EoD): Target INR219.6, Stop INR268.3
New Short Target and Stop for ABAN (Mumbai) at INR650.7 (EoD): Target INR617.9, Stop INR755.3
New Short Target and Stop for WRWDT (Mumbai) at INR1291.0 (EoD): Target INR1131.5, Stop INR1382.9
New Short Target and Stop for GRSM (Mumbai) at INR2411.6 (EoD): Target INR2169.0, Stop INR2651.0
New Short Target and Stop for JLVY (Mumbai) at INR1040.8 (EoD): Target INR918.0, Stop INR1122.0
New Short Target and Stop for HDIL (Mumbai) at INR216.5 (EoD): Target INR194.5, Stop INR237.8
New Short Target and Stop for HALC (Mumbai) at INR149.0 (EoD): Target INR134.0, Stop INR163.8
Short Confirmation Entry for ZEE (Mumbai) at INR288.7
New Short Target and Stop for TELCO (Mumbai) at INR682.2 (EoD): Target INR607.6, Stop INR742.6

Indian Golden Brown

Long Confirmation Entry for SBI (Mumbai) at INR2237.5
Long Exit at Trailing Stop for CAIRN (Mumbai) at INR268.9

Indian High Winners

Long Confirmation Entry for SBI (Mumbai) at INR2237.5
Long Exit at Trailing Stop for ONGC (Mumbai) at INR1081.8
Long Exit at Stop for NTML (Mumbai) at INR268.6
Long Exit at Trailing Stop for BAJAU (Mumbai) at INR2035.6

Indian Strength

Long Unacted Entry for CAIRN (Mumbai) at INR269.4 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.
Long Unacted Entry for JLVY (Mumbai) at INR1032.1 (EoD): Entry signal given, but exited position on same stock too recently (12) days ago.
Long Unacted Entry for ASOK (Mumbai) at INR58.12 (EoD): Entry signal given, but exited position on same stock too recently (14) days ago.

My First Subscribed Strategy

Long Confirmation Entry for CSCO (Nasdaq) at $22.72
Long Confirmation Entry for IBM (NYSE) at $122.4
Long Confirmation Entry for SBUX (Nasdaq) at $24.59
Long Confirmation Entry for DIS (NYSE) at $31.46
Long Confirmation Entry for HPQ (NYSE) at $45.05
Long Unacted Entry for AAPL (Nasdaq) at $233.3 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for IP (NYSE) at $21.22 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.

Relative Aussie

Long Entry for STO (Sydney) at AU$11.27
Long Unacted Entry for ERA (Sydney) at AU$12.73 (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.

Relative Canada

Long Confirmation Entry for PEY.UN (Toronto) at $12.78
Long Confirmation Entry for YP.UN (Toronto) at $5.94
Long Confirmation Entry for NWF.UN (Toronto) at $17.56
Long Confirmation Entry for FAP (Toronto) at $6.06
Long Confirmation Entry for DHF.UN (Toronto) at $15.92
Long Confirmation Entry for CHL.UN (Toronto) at $12.08
Long Confirmation Entry for ARF.UN (Toronto) at $18.41
Long Unacted Entry for CHE.UN (Toronto) at $10.45 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for VIC.UN (Toronto) at $14.52 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.

Tri-Indicator Forex

Forex Long Exit at Stop for AUDUSD (FX) at 0.8130

Tri-Indicator Frankfurt

Long Exit at Stop for SDF (Frankfurt) at €37.53

UK High Winners

Long Exit at Trailing Stop for BJU (London) at 174p

US Elm

Long Exit at Trailing Stop for WMT (NYSE) at $50.54

US High Winners

Long Exit at Stop for MSFT (Nasdaq) at $26.48

US Strength

Long Unacted Entry for AAPL (Nasdaq) at $233.3 (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.
Long Unacted Entry for CSCO (Nasdaq) at $22.72 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for HPQ (NYSE) at $45.05 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for SBUX (Nasdaq) at $24.59 (EoD): Entry signal given, but exited position on same stock too recently (5) days ago.
Long Unacted Entry for DIS (NYSE) at $31.46 (EoD): Entry signal given, but exited position on same stock too recently (15) days ago.
Long Unacted Entry for IP (NYSE) at $21.22 (EoD): Entry signal given, but exited position on same stock too recently (3) days ago.
Long Confirmation Entry for IBM (NYSE) at $122.4

US Uber Win

US Uber Win Long Exit at Stop for MSFT (Nasdaq) at $26.61

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