Home | Trading Jobs | Charts | Advertise from $25 | Contact me | Facebook | Free Stock Picks

It has been a while since I offered my stock pick newsletter, but I have now gone one better with my latest mechanical Trading System

  • 41% Return Since November 2007
  • 47% Win Percentage (Nov 07)
  • Max drawdown of 9% (Nov 07)
  • Blend of Ultra Long & Short Index ETFs
  • Trade Signals delivered by Email (EoD)
  • Free registration to Zignals required
  • $0.00 per month
  • You will find this strategy in the Top 20 Trading Strategies Leaderboard in the Zignals Dashboard
  • The strategy is called "ETF Heaven - Medium" and was created by user "Z_Strategy"
  • Other strategies can be found by searching for component stocks in our MarketPlace or by searching for a user; 'Z_Strategy' or 'fallond'
  • I'll be posting new of other strategies for other markets as they become available. In particular, FX, Commodities, European and Indian Trading Systems

    Design your own Trading Systems and earn real money and reputation!

    Zignals Stock Alerts offer price, volume and fundamental alerts. Fundamental alerts include analyst projections, upgrades and downgrades delivered to your email address or SMS phone

    New tag and note features allow you to manage large number of alerts and send a personalised message as part of the alert trigger

    Alerts also support the new Fundamental System created stocklists. Now you can combine a dynamic stock list created by the fundamental stock screener with a price and/or volume stock alert; for example - find when a dividend yielding stock of 5% or more has a bullish cross of a 50-day and 200-day MA.

    Create your own free Stock Charts. Add technical and price overlays, save your charts or post them to Twitter.

    Create your own profiles of indicators, add annotations or offer a Trading Idea and make real money.

    Create your own stock screen for US, Canadian (soon), UK, India, NYSE Euronext, Frankfurt, Dublin or Australian stocks.

    Activate your stock screen by creating a Fundamental System. Fundamental Systems are a fund type which notify you at the end of each day of the changes in the stocks meeting the criteria of your scan.

    The dynamic stock lists created by the Fundamental System can be used as the basis of your stock alerts

    Zignals offers the only multi-currency portfolio manager on the web with Euro, Dollar and Sterling Support.

    Get detailed analytics on the performance of your portfolio, including FX impacts to position profit and loss, and use it as a basis to improve your trading

    Supports Forex, energy and precious metal commodity based portfolios too.

    Powerful new Trading System builder with rich technical tools. Create your own trading system around any one of our global stock exchanges, forex data, or energy and precious metal commodities.

    To receive the trade signals, publish it to our marketplace and in addition you will have the potential to earn money from subscribers.

    Extensive backtest, risk management and exit strategy tools built-in.

    newsflashr network

    Monday, February 15, 2010

    Weekly Review of Stockcharts.com Publishers' Charts

    It's Presidents day so no trading for Monday. Last week saw some positive action on the dailies - what had the Stockcharters to say:

    Anthony Caldaro of Objectiveelliottwave hasn't altered the count from the start of a wave 2 higher (for the S&P). Not sure I picked up on this last week, but he has a fourth wave down of a five wave bull run for the weekly Nasdaq


    Richard Lehman of Trendschannelmagic.com is looking for short term upside to continue - but not for very long.

    2/13 -- Except for the Dow, the short term charts have all broken upward through the purple downchannels that began in mid January. Some (like RUT and FXI) have come back and successfully retested that purple as support. That gives a nod to further short term upside. However, the blue mini channels are relatively flat and do not have the look of strong new upchannels. In addition, the long term charts broken down through the first green target and are heading toward the second. Therefore, I view the short term up move as tenuous and likely to end within days and head lower.

    2/11 -- The Dow has now eeked up to the upper line on its short term chart and stopped. All other major indexes have broken upward, albeit in rather flat blue minichannels. Despite the breaks upward, the flat channels do not provide a lot of confidence in much more of an upside bounce here. t remain cautious and watchful of another downleg.

    2/10 -- The markets are now pondering whether the short term good news in Europe isn't just more bad news in the bigger picture. A few more short term charts hit upper channel lines, but no new breaks upward occurred. That means the direction is still down.

    2/9 -- Greece saved? Dollar down. Stocks up. Equities continue to move in lock step with the dollar. Numerous charts with well defined downtrends are now back at the upper channel lines. Techs, golds, and the QQQQ have actually broken upward on the short term charts. But short term momentum is peaking, so a sustained up move from here is unlikely. Long term momentum seems to be turning upward, but that time scale could easily allow for a week or two more decline even while beginning to turn upward. Bottom line: watch the short term downchannels to see if the broader indexes break upward, but don't assume this decline is over yet.

    I like this chart of his for a support low for this downphase.


    Yong Pan of Cobrasmarketview has the majority of breadth indicators in neutral territory with the few showing trend favouring bears.


    Makes a case for a bear flag in the SPY:


    Fib resistance levels and 20-day MA also playing resistance (for the QQQQs)


    Michael Eckert of EWTrendsandcharts has noted the break of the 45-degree support channel for the Russell 2000 60-min chart which suggests the mini-rally in play could stall out on a test of this former support-now resistance line.


    Sample wave structure down for the SPY on the 60-min with Fib targets


    Note nasty MACD and RSI bearish divergences in the S&P daily chart


    Dr. Joe has his weekly summary:


    Nice track of the Summation Index - no buy signal yet:


    Consensus seems to suggest the current rally is nothing more than a pause in a larger move down. However, there is no suggestion of this been anything more than a pullback in a larger uptrend. Time will tell but probably no reason to jump to the long side if you missed last week's lows.


    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; many are ranked in the top-20 for 3-month and YTD performance.

    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; ranked top-20 software product out of 285 listed. Join today - it's free!

    StumbleUpon Toolbar

    0 Comments:

    Post a Comment

    << Home