Trend Following Swing Trading

[ONS]

3 counters to monitor tonight.

ESEA &amp; KFT.<br /><br /><br /><br /><br /><br /><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6055/esea04jun2008.png" alt="esea04jun2008.png" height="638" width="640" /><br /><span style="font-weight: bold">ESEA Action Plan</span><br />- Buy if price is above yesterday's high, $15.56<br />- Stop Lost as previous swing's low - 15cent, at $14.80<br />- Target: $17.00<br />---------------------<br />- Risk: $0.76<br />- Reward: $1.44<br />- RRR: 1.89<br />- Channel: 3.49<br />---------------------<br />- This month's allowable 2% risk = $90<br />- Position Sizing = 115<br /><br /><br /><br /><br /><br /><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6054/kft04jun2008.png" alt="kft04jun2008.png" height="522" width="656" /><br /><b>KFT</b> <span style="font-weight: bold">Action Plan</span><br />- Buy if price is above yesterday's close, $32.14<br />- Stop Lost as previous swing's low - 15cent, at $31.61<br />- Target: $33.00<br />- Channel: $1.94<br />---------------------<br />- Risk: $0.53<br />- Reward: $0.86<br />- RRR: 1.62<br />---------------------<br />- This month's allowable 2% risk = $90<br />- Position Sizing = 165


ISCA.<br /><br /><br /><a href="http://papertrader.textmalaysia.com/upload_files/7/417/6056/isca04jun2008small.png"><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6056/isca04jun2008small.png" style="margin: 0px auto 10px; text-align: center; width: 400px" alt="isca04jun2008small.png" border="0" /></a><span style="font-weight: bold">Action Plan</span><br />- Buy if price is above yesterday's close, $43.48<br />- Stop Lost as previous swing's low - 15cent, at $42.70<br />- Target: $45.00<br />- Channel: $2.41<br />---------------------<br />- Risk: $0.78<br />- Reward: $4.50<br />- RRR: 1.94<br />---------------------<br />- This month's allowable 2% risk = $90<br />- Position Sizing = 110<br /><br />____________________________________________________

 

[ONS]

Entered ISCA and ESEA last nite.<br />Won't be watching anything tonight, as I have just unleaded my last piece of bullet.<br /><br />Here's the updates:-<br /><br />ISCA: initial SL @ 42.70<br />ESEA: iniatial SL @ 14.80<br />TWC: Trail SL @ 30.11<br />EQT: SL unchanged @ 69.16<br />PTEN: Trail SL @ 31.51<br /><br />-------------------------------------------------<br /><br /><br /><br /><p>&nbsp;</p><p><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6059/pten05jun2008.png" alt="pten05jun2008.png" border="0" /></p><p><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6059/eqt05jun2008.png" alt="eqt05jun2008.png" border="0" /></p><p><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6059/esea05jun2008.png" alt="esea05jun2008.png" border="0" /></p><p><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6059/isca05jun2008.png" alt="isca05jun2008.png" border="0" /></p><p><img src="http://papertrader.textmalaysia.com/upload_files/7/417/6059/twc05jun2008.png" alt="twc05jun2008.png" border="0" /></p><p>&nbsp;</p><p>&nbsp;</p><small><i><br /></i></small><br /><br /><small><i>-- Edited by lionel319 at 00:47, 2008-06-06</i></small>

 

[ONS]

<p>Updates:-<br /><br />TWC get stopped out - breakeven.<br />PTEN &amp; EQT's stop pushed up to break even.<br />ISCA &amp; ESEA stop remains at initial stop.<br /><br /></p><p><img border="0" width="411" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/pten06jun2008.png" alt="pten06jun2008.png" height="252" /><br /></p><p><img border="0" width="405" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/esea06jun2008.png" alt="esea06jun2008.png" height="268" /></p><p><br /><img border="0" width="401" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/twc06jun2008.png" alt="twc06jun2008.png" height="268" /></p><p><br /><img border="0" width="415" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/eqt06jun2008.png" alt="eqt06jun2008.png" height="270" /><br /></p><p><img border="0" width="403" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/isca06jun2008.png" alt="isca06jun2008.png" height="266" /></p><p><br /><br /><br /><br /><img border="0" width="651" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/twc06jun2008review.png" alt="twc06jun2008review.png" height="640" /><br /><br /></p><br /><br /><small><i>-- Edited by lionel319 at 21:35, 2008-06-07</i></small>

 

[QQQBALL]

Quote from ONS:

<p>Updates:-<br /><br />TWC get stopped out - breakeven.<br />PTEN &amp; EQT's stop pushed up to break even.<br />ISCA &amp; ESEA stop remains at initial stop.<br /><br /></p><p><img border="0" width="411" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/pten06jun2008.png" alt="pten06jun2008.png" height="252" /><br /></p><p><img border="0" width="405" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/esea06jun2008.png" alt="esea06jun2008.png" height="268" /></p><p><br /><img border="0" width="401" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/twc06jun2008.png" alt="twc06jun2008.png" height="268" /></p><p><br /><img border="0" width="415" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/eqt06jun2008.png" alt="eqt06jun2008.png" height="270" /><br /></p><p><img border="0" width="403" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/isca06jun2008.png" alt="isca06jun2008.png" height="266" /></p><p><br /><br /><br /><br /><img border="0" width="651" src="http://papertrader.textmalaysia.com/upload_files/7/417/6063/twc06jun2008review.png" alt="twc06jun2008review.png" height="640" /><br /><br /></p><br /><br /><small><i>-- Edited by lionel319 at 21:35, 2008-06-07</i></small>

good discipline on TWC, but the upper shadows were kinda predicting the PB/drop. ESSA was a coin flip, not my cup of tea. when i get a 1-day windfall like PTEN, i sell some.. but hindsight is 20/20... if you are gonna sell partials you gotta be rady to wake-up the next day & see PTEN gap up at the open.