Market Observations
Bullish Stocks flat at 24%
34% of Stocks had up day compared to 11% with a down day
Current FTSE Trend = Stalling
Weakness in the market no longer evident – but still stalling at significant levels of resistance
Open Positions (Current P&L +0.97%)
Royal Dutch Shell Plc (currently up £85.5 or 0.78% ) – Stop moved to Breakeven
Whitbread [...]
Displaying posts written by
atticmantrader
who has written 128 posts for AtticManTrader.
Trading Update – Squeeze Strategy 19th Oct 09
Trading Update – Squeeze Strategy 18th Oct 09
Squeeze Strategy – Trading Update Sunday 18th October 2009;
Market Observations
Bullish Stocks down from 45% to 24%
18% of Stocks had up day compared to 42% with a down day
Current FTSE Trend = Neutral to Bear
Look for a couple of bearish stocks in order to provide a hedge against current open positions and to prepare for a [...]
Trading Update – Squeeze Strategy 15th Oct 09
I blogged yesterday about THE SQUEEZE strategy that I was live testing.
Here follows a trading update;
Open Positions
Royal Dutch Shell Plc (currently down £10.50 or 0.1%)
Whitbread Plc (currently down £11.00 or 0.1%)
New Orders
Experian Group Plc (Buy Limit@547 – 350 shares. Stop 532, Target 578. Max Loss £52.5 Max win £108.5)
Ferrexpo Plc (Buy Limit@162 – 420 shares. [...]
Live testing a simple squeeze strategy
Finding the balance between a trading system that is totally mechanical (and hence sometimes counter-intuitive) and a system that allows an element of discretion (and hence introduces emotion into trading), is a tough balance to find.
However as a trader it is important to understand your own strengths and weaknesses, in order to find a way [...]
Lex Van Dam – How to make money trading
For those of you that follow my blog, you will probably have read my views on the TV series “Million Dollar Traders” (click here for those posts) and so I was naturally curious when I came across Lex’s book.
Retailing at £9.99 I figured it was a good trade. Lex is clearly enjoying a stint in [...]
Fidessa – Great looking technicals
Todays analysis showed that 72% of the stocks in the FTSE350 were bullish. A remarkable statistic given that FTSE100 index actually had a down day.
On stock that stuck out for me today was Fidessa (FDSA.L) (Click here for their website).
Their website can do a better job of describing what they do than I can
“Fidessa group [...]
Papering over the cracks
In my last post I talked about revisiting my trading strategy in order to develop a longer term approach to the markets.
Since then I’ve been busy researching all manner of macro-economic indicators in order to try and make sense of the economy and develop some longer term investment ideas.
Metrics such as employment numbers, GDP, CPI, RPI, house [...]
AtticFund – Re-visting my original ideas
From time to time it’s important to review your trading objectives and see how you are performing against stated objectives. From a return point of view, the AtticFund has done OK. I have returned nearly 10% in 7 months. I would have liked that to have been more (to be honest, in the current market [...]
The World Money Show – London
The QEII Conference Centre is host to this year’s World Money Show – London and I’m proud to announce that I’ve been invited to take part.
The event is being held over 2 days – 30 to 31st October and it’s a must attend event for investors and traders at all levels. The event features over [...]
There may be trouble ahead
Sometimes in the life of a technical trader things don’t quite make sense. As I sit and look at my analysis of the FTSE 100 it’s quite clear that the overall picture is bullish. Both the weekly and daily charts are screaming at me to go long and yet something is preventing me from doing [...]
