THE RESPONSIBLE TRADER – TRADING LESSONS – BLENDING CANDLESTICKS – PART 2 Actually this is the same procedure when candles for a certain trading period like weekly, monthly, yearly etc. are blended. Let us apply this to the the PSE for the Year-to-date 2017 as indicated in Chart 5. For year-to-date 2017 we start with the Open of 6846.55 as […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – BLENDING CANDLESTICKS – PART 1 One advanced candlestick charting technique is called Blending of Candlesticks. This is the term used by Steve Nison in his books. Other authors, perhaps, trying to deviate from the term used by Steve Nison in his books have called this Candlestick Addition. In this technique, two or more […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – TRADING GAPS – PART 2 In our previous lesson, we learned about the proper procedures for trading gaps. However, not all gaps are tradable. Please allow me to quote what I have written in my first book – “The Responsible Trader – a Thinking Person’s Guide for Trading the Philippine Stock Market” about […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – GENERAL APPROACHES FOR CHOOSING STOCKS The first step in Swing Trading is choosing the stocks we intend to trade. There are two general approaches for doing this — The Top-Down and the Bottom-up. Let us discuss both in terms of general applications and then to specific applications to the Philippine stock market. […]
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THE RESPONSIBLE TRADER – TRADING LESSONS – GAPS The Japanese call gaps as windows. They consider gaps as windows of opportunities. A gap is essentially a price level where no transaction has taken place for a given period. Gaps are formed because of an overwhelming presence of buying and selling interest. In an Uptrend, prices open above the highest […]
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THE RESPONSIBLE TRADER – TRT@68 – 19-09-2019 BLESSINGS AND GRACES As I celebrate my 68th birthday today, I continue to acknowledge and express my appreciation and gratitude for all the blessings and graces i have received in my life: A loving, caring, understanding and very supportive wife who is always with me through thick and thin – 38 years of […]
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SWING TRADING WITH TRT – THE RESPONSIBLE TRADER SERIES BOOK NO. 2 – THANK YOU FOR YOUR OVERWHELMING RESPONSE Last Monday, September 2, 2019, we successfully launched thru our website “Swing Trading with TRT” – The Responsible Trader Series Book No. 2. (Please refer to this link:http://theresponsibletrader.com/introducing-responsible-trader-series-book-no-2-swing-trading-trt/ We would like to thank you for your overwhelming response. Actually, I was […]
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I was observing the local stock market last week and as the week ended I could not help but express my feeling that I have seen a similar stock price action before. Of course I am referring to Kepwealth Property Phils., Inc. (KPPI) which recently debuted as the first IPO for the year 2019. Déjà Vu – CAL and KPPI […]
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THE RESPONSIBLE TRADER – STOCK CHARTS AND ANALYSIS PROCEDURES In my second book: “Swing Trading with TRT – A Definitive Guide for Trading the Philippine Stock Market”, I discussed about the TRT CAZ – The Critical Action Zones – The Buy, Target Price and Stop Loss Zones. In reading the TRT Charts, we will use the following as our […]
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BACK FROM A HACK – THE POSITIVE SIDE OF THE HACK It is said that for every adversity, there is always a hidden opportunity. Instead of wallowing in despair, I tried to look at ways to turn the situation into a positive one. I am not the kind of person who licks his wounds too long. On the positive […]
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