![]() |
|
#1
|
|||
|
|||
|
AJL - AJ Lucas (mining services)
DP (Decision Point) set-up - STF Divergence CAB - Cabcharge (monopoly) TS2 set-up PBG - Pacific Brands (bonds,hard yakka) TS4 set-up Pile driver low with a potential 9.4 risk to reward trade Last edited by Steve Griffiths; 12-18-2009 at 06:02 AM. |
|
#2
|
|||
|
|||
|
For those of you wanting to see how this looks on an MTPredictor chart, here is PBG with the MTP risk analysis in its full glory!
Putting you in control of your trades and risk... Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
|
#3
|
|||
|
|||
|
UPDATE
Good news - the initial protecteive stop can be raised to break-even (1.13) because price has hit the 100% Initial Risk level! This means a free trade from now on - the aim of all good professional traders! Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
|
#4
|
|||
|
|||
|
Seems AJL has some fundamentals behind them as well
from Paritech's Marketscan Market Cap $284M PE Ratio 1.75 < TINY! Return on Equity 82.20% Net Profit Margin 20.68% One year Earnings per Share Growth 537.14% Average Earnings per Share Growth 125.34% |
|
#5
|
|||
|
|||
|
UPDATE
WHAT A GREAT LESSON HERE! Message - even 'good fundamentals' don't prevent a stock from collapsing if there are more sellers than buyers! The only thing that ever helps is RISK CONTROL. At the worst, this is a break-even trade as price reached the 100% risk level. This would be excellent risk control in itself! On a conservative exit strategy (see the chart) it's +1.5x profit. A fantastic example in the real world of trading here. Thanks Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
![]() |
| Tags |
| australia, australian stocks |
| Thread Tools | |
| Display Modes | |
|
|