mardi 10 février 2015

Pavilion103's LIVE ASX Momentum Setup Trading Thread

Previous live ASX trading threads seemed to gather some strong interest. If this one also gains strong momentum (pardon the pun) I will keep it running for a while.



Having not traded a single share in approximately 9 months I am back trading end of day.



The main consideration is the position of the XAO which appears that it might have some upside potential. This is a basic filter that I use when deciding whether to be active in the market.



I have also noticed a number of stocks forming setups which are of interest to me. This, combined with the XAO has prompted me to re-enter the market.



In this thread I will be posting live setups (without the code) and then revealing the code 1 week after the setup is triggered.



I will be using a hypothetical $50,000 trading account with 1% risk of $500 per trade.

I will also be assuming that I can leverage at 2:1 under a company name (in order to increase exposure).



Having not traded stocks for a while I am taking a bit of a punt posting live trades, however as with everything I've posted on ASF, I am to show people the thought process or trading in real time. Whether or not this exercise proves to be successful remains to be seen.



Wish me luck :xyxthumbs



p.s. I will add in a couple of setups I posted in the other thread and have already taken in my live account.




0 commentaires:

Enregistrer un commentaire

Popular Posts

Categories

Unordered List

Text Widget

Blog Archive

Followers

Fourni par Blogger.