Archive for February, 2007

Another Profitable Week - 46% Profit From 2 Trades

Monday, February 12th, 2007

I closed my position last week with 46% profit from 2 trades that I made on 1-Feb-2006.
On that day, The Star Trading System (STS) gave me a long list of Morning Star signals to choose. In this situation, I’ll use the ‘Ranking Method’ to stack rank the signals base on its quality. AGE & FAF are among the top five signals from my ranking list.

Even though I lost 12% from AGE, but 58% profit I made from FAF manage to give me 46% profit when I closed both position end last week. Once again, the Stop Lost strategy has successfully prevented me from making a bigger lost!

Here are the details of my trade last week using Star Trading System strategy:

 

Click HERE to learn the secret of Star Trading System.

Daily US Stock Market Analysis - An Exciting & Critical Week In The US Markets….

Monday, February 12th, 2007

by Jason Ng, Founder, Master ‘O’ Equity

This is going to be a week full of important economic releases which every investor will be watching after the Fed has everyone on their toes with their speech last week…

This is going to be a week where the Dow and the Nasdaq composite decide if their 30 days MA support level still hold or not. A high volume break below their 30 days MA this week could mean that the correction that everyone has been waiting for is here at last…

This is going to be the week where MSFT (after a 4.01% decline last week!) decides if it will halt its decline at the $28.00 Support Level or not…
A large number of evening stars have been created from last Friday’s market ditch and many of these evening stars are good quality overbought reversal signals… does this mean that the markets is ready for a correction?