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Trading update: (with an early bonus!)

LNG: Sold at sell stop 4.40 (+2R). price went through the next target level (4.64 = +3R) but I wasn't watching it at the time. You had to be quick.

IMD: Bought BO-NH (0.385) iSL 0.34. Testing the water in this sector.
SIQ: Bought BO-NH (1.62) iSL 1.55. Liked the small risk setup and the volume indicators OBV, TMF are showing strong demand.

There will be no EOW update as I'm out of town this week-end so I'm going to post an early update now.
We've had a good week bagging three +2R wins and two small losses.

Over the past six weeks the index (XAO) has hardly moved (+0.3%) yet we've managed to do a little better (+9.8%). I hope you are starting to see the benefits of keeping those losses small and grabbing a few quick profits when they appear. Another important contributor to our edge is that we are buying break-outs in strong trends. In other words we are trading stocks that are clearly in demand, not bargains (reversals).

Note: The stats are slowing getting to where I expect them to be (see post #73).

Enjoy your week-end.
[ATTACH]62298[/ATTACH]

<blockquote data-quote="peter2" data-source="post: 866708" data-attributes="member: 13908">Trading update: (with an early bonus!)LNG: Sold at sell stop 4.40 (+2R). price went through the next target level (4.64 = +3R) but I wasn&#039;t watching it at the time. You had to be quick.&nbsp;IMD: Bought BO-NH (0.385) iSL 0.34.&nbsp; Testing the water in this sector. SIQ: Bought BO-NH (1.62) iSL 1.55. Liked the small risk setup and the volume indicators OBV, TMF are showing strong demand.There will be no EOW update as I&#039;m out of town this week-end <img src="https://www.aussiestockforums.com/styles/default/xenforo/smilies/cry.png"&nbsp; class="smilie" loading="lazy" alt=":cry:" title="Cry&nbsp; &nbsp; :cry:" data-shortname=":cry:" /> so I&#039;m going to post an early update now. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin&nbsp; &nbsp; :D" loading="lazy" data-shortname=":D" /> We&#039;ve had a good week bagging three +2R wins and two small losses. Over the past six weeks the index (XAO) has hardly moved (+0.3%) yet we&#039;ve managed to do a little better (+9.8%). I hope you are starting to see the benefits of keeping those losses small and grabbing a few quick profits when they appear. Another important contributor to our edge is that we are buying break-outs in strong trends. In other words we are trading stocks that are clearly in demand, not bargains (reversals). <img src="https://www.aussiestockforums.com/styles/default/xenforo/smilies/thumbsup.png"&nbsp; class="smilie" loading="lazy" alt=":xyxthumbs" title="Thumbsup&nbsp; &nbsp; :xyxthumbs" data-shortname=":xyxthumbs" />Note: The stats are slowing getting to where I expect them to be (see post #73).Enjoy your week-end.[ATTACH]62298[/ATTACH]</blockquote>

[QUOTE="peter2, post: 866708, member: 13908"] [U]Trading update[/U]: (with an early bonus!) [B]LNG[/B]: Sold at sell stop 4.40 (+2R). price went through the next target level (4.64 = +3R) but I wasn't watching it at the time. You had to be quick. [B]IMD[/B]: Bought BO-NH (0.385) iSL 0.34. Testing the water in this sector. [B]SIQ[/B]: Bought BO-NH (1.62) iSL 1.55. Liked the small risk setup and the volume indicators OBV, TMF are showing strong demand. There will be no EOW update as I'm out of town this week-end :cry: so I'm going to post an early update now. :D We've had a good week bagging three +2R wins and two small losses. Over the past six weeks the index (XAO) has hardly moved (+0.3%) yet we've managed to do a little better (+9.8%). I hope you are starting to see the benefits of keeping those losses small and grabbing a few quick profits when they appear. Another important contributor to our edge is that we are buying break-outs in strong trends. In other words we are trading stocks that are clearly in demand, not bargains (reversals). :xyxthumbs [U]Note[/U]: The stats are slowing getting to where I expect them to be (see post #73). Enjoy your week-end. [ATTACH]62298.vB[/ATTACH] [/QUOTE]

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