Trading Techniques   

The Traders

Below is what Panda posted on Porky main thread last night. Copied here for sharing.



 

 

Panda was talking to " Fei Mei" just now before goto bed. And she showed Panda one chart that make Panda nervous. Panda then asked her daddy, " Fei Lao" to switch on the " spy camera" and checked, and he said YES, " Fei Mei" was right. 

Chart from " Fei Mei" to show all the " markers" that triggered by almost all the strategies....



Chart from " Fei Lao" to show the " Leader" indicator for REX ....

 

The chart below, using AEM daily chart as example, to illustrate the concept of this " Boxing" strategy. 

Green arrow - Long/Buy action.
Red arrow - Short/Sell action.
Yellow " !" - High and Low points to form the " box" .
Orange " !" - High and Low points to reconsider either change the original " boxing" points, or cut loss.

So, you can see this is a bit more complicated than " candle" strategy,    because you need to define the boundary of the box, and whether need to cut loss, hold or shift the boundary area of the box to the new " low" or " high" points. But, the beauty of this strategy is, you can profit from trending, as well as the sideway market. 

This is a traditional trading strategy, you would definitely profit from this strategy provided you are disciplined, patience, control your emotion (greed and fear), and cut loss if needed without " raising your eyebrows" . Hehehe.....

fatpanda      ( Date: 16-Nov-2021 13:04) Posted: Panda have new idea again.... Maybe working on another traditional strategy called " Boxing strategy" with " Fei Zhai" . This is more complicated on coding the trading logics, so more time and testing is needed.  Do it only if " back side" is super itchy this weekend. Hehehe.....

 

Same candle strategy worked on Ang Moh Jone. P/L curve was more smoothed and have higher " profit" that generated from more trades being executed. Because the candle patterns were more easily seen by " Fei Zhai" when played with Ang Moh Jone. So, the key winning factors to have this candle strategy to work properly are, first , in trending market, and second is the trend should be " cleared" enough, i.e. less sideway trend or " ripple" wave  for  " Fei Zhai"   to count the candles.  Huat ah! 

Hehehe.....



 

 

Panda have new idea again.... Maybe working on another traditional strategy called " Boxing strategy" with " Fei Zhai" . This is more complicated on coding the trading logics, so more time and testing is needed.  Do it only if " back side" is super itchy this weekend. Hehehe..... 

 

Panda has improved this candle strategy slightly, and applied on S& P500.... P/L curve not so smooth but looked OK.  Already got " Fei Zhai" to test on " live" DEMO trade. Huat Ah!



 

fatpanda      ( Date: 02-Nov-2021 11:13) Posted: Market was again boring in the morning. So, Panda spent time on training " Fei Zhai" , on another strategy using just candlestick patterns only. No, support and resistance levels, trendlines, momentum and trend indicators. This is completely " new" to Panda as Panda usually used the momentum and trend indicators as the " backbone" of my past strategies. First try on Gold and have good P/L performamce, then, tried on Dow Future now, improved a bit on the " trading logics" and that " boosted" the P/L performance. Would continue to improve this strategy on minimize the " drawdown" ...  Hurray!

 

Another one also from " Fei Por" , late by few days but not much change from the triggered point. Maybe forming inverse " Head and Shoulder" pattern. Can keep in your watchlist for potential trading opportunity.

 

Also from " Fei Por" , but a bit late

 

From " Fei Por" ......

 

Big bird..... Looking for airport for landing.... Hehehe....


 

 

Based on " Fei Mei" and  Mr. " ONG HOCK HUAT" ' s indication, SickoSTI is likely on pull back.  Hehehe.....

 

Panda just finished " houskeeping" with " Fei Mei" , to reduce the stocks under monitoring. And she immediately sent out this RED alert...

 

 

This is the best..... 3 reliable strategies used by " Fei Mei" , all zoomed in on one stock.... But, Panda was too slow to react. Price jumped up right after market opened.   

 

Bro Koala,

Good late evening.

Again, counting candles with " Fei Zhai" , and also waiting for Chinese TV News so that Panda can take a short break soon.

 

Happy 57mins before Channel 8 news hour Bro Panda 

 

is okay Bro sharecare, we all started from learning and internalising the learning every day. hv a relaxing weekend and hope to see you here often 

sharecare      ( Date: 13-Nov-2021 16:00) Posted: thanks for the share all, I noob, reading and absorbing and trying to make my conclusion all the discussion really helped immensely it is a really chilly relaxing Saturday afternoon! hope everyone have a great break

 

thanks for the share all, I noob, reading and absorbing and trying to make my conclusion all the discussion really helped immensely
it is a really chilly relaxing Saturday afternoon! hope everyone have a great break

 

good the cooling and relaxing Sat afternoon Bro Panda 

 

After 3 hours of brainstorming and testing on many different data, Panda manged to minimize the signal distortion during " active" hours.  Time to relax...

 

Hmmmm.... The next " Leading" signal to close the SHORT trade did not come at the correct " spot" or timing. The signal was " distorted" during the active trading hours, highlighted by the " ellipse area" , probably certain conditions during this active period are not taken into evaluation. The " Leading" signal was alright during the " passive" hours, highlighted by the " rectangular area" . Panda would look into this issue, and try to see can improve the accuracy of this signal during " active" hour but not so easy to do it. Because Ang Moh Jone is usually quite volatile during this period due to certain " influence" factors that pop up suddenly and twist his " head and body" , unlike the local sicko pasar that dying most of the time.     

Anyway, relax and have a good weekend.