MY FOREX TRADING JOURNEY CONTINUES WITH IRONFX We had a very good and productive meeting with the group of IRONFX last week. From left to right: Mathonee C. Eslava – Country Manager, Omid Homayoun – Regional Manager, me, Konstinos Evangelides – Business Development Manager and Harold de La Cruz – Account Manager. Thanks to Omid Homayoun, Regional Manager and […]
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FROM PSE TO FOREX TRADING After a long hiatus, I am back to blogging again. A BOOK LACKING SOMETHING FOR COMPLETION I have been working on my third book – “Momentum Trading with TRT – A Definitive Guide for Daytrading and Scalping the Philippine Stock Market” but have been unable to finish it because of the feeling that something […]
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THE RESPONSIBLE TRADER (TRT) @ 69 – LIFE UNDER COVID 19 LIFE UNDER COVID 19 As I celebrate my 69th birthday today, I would like to crystallize my thoughts and put on record what we have experienced for the past 9 months. The year 2020 started with a BANG – both literally and figuratively bill from IRS. The year […]
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THE RESPONSIBLE TRADER – EXPERT’S OPINION I was browsing through my News Feed when I saw a Screenshot of “Rooting for Celeste”, showing that the words in her Blog have been converted into words that looked like program developer’s scripts indicating that the Blog has either been hacked or has completely gone out of circulation. Please see Figure 1 […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – THE DEGREES OF A TREND In my previous post on this topic (Please refer to: http://theresponsibletrader.com/responsible-trader-trading-lessons-degrees-trend/) I stated that in Responsible Trading we classify trends into degrees based on their pertinent time frames. Major trend is a trend lasting more than six months. In our Stock Charts and Analysis this is also […]
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SHLPH (PILIPINAS SHELL PETROLEUM CORPORATION) – JANUARY 3, 2020 TRADING GUIDANCE FOR NEWBIES WHO NEED HAND-HOLDING WHILE LEARNING TO TRADE INDEPENDENTLY SHLPH ((PILIPINAS SHELL PETROLEUM CORPORATION) appears to have bottomed out giving us a good setup for a Reversal Trade. To establish our Trading Plan, we use the 52-week High and Low as our basis for […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – WINDOW DRESSING We are now on the last days of the year and usually these are the times when we see window dressing. To accountants and stock market veterans this term is very familiar. For those who are not familiar with it let me simplify it for you. Window dressing is similar […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – THE DEGREES OF A TREND In Responsible Trading we classify trends into degrees based on their pertinent time frames. Major trend is a trend lasting more than six months. In our Stock Charts and Analysis this is also referred to as the Long Term Trend and we use the 200 SMA (Simple […]
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BDO (BDO UNIBANK, INC. ) – DECEMBER 13, 2019 TRADING GUIDANCE FOR NEWBIES WHO NEED HAND-HOLDING WHILE LEARNING TO TRADE INDEPENDENTLY Before preparing our Trading Plan let us first establish our Trade Setup. Since BDO is on an uptrend, we will again use Fibonacci Extension as explained in Chapter 1, Section 9 of my first book “”The Responsible Trader […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – STOCK CLASSIFICATIONS – PART 3 PROPOSED CLASSIFICATIONS FOR PHILIPPINE STOCKS BASED ON MARKET CAPITALIZATION Based on the ranges indicated in Part 2 and converting Dollars to Pesos at the rate of P50.00 to US1.00 gives us an initial basis for classifying Philippine companies based on market capitalization as indicated in Table 14 […]
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