Money Matters Philippines

I call the following table my momentum retracement trading method.  I don’t know if this will work, but we’ll see in a few weeks’ time.  Granted that the Philippine index is in an uptrend on all time frames, (short term, medium te... more

Puregold Price Club, Inc. After over a month of range trading which created a base support at 17.9, a breakout is finally taking shape which could possibly bring the price to the next level. Immediate support coincide with the 50% Fibonacci Extensio... more

Philex Mining For 3 months, this stock has been trading in a downtrend channel and starts to bottom out where it found strong support at 20.6 near the 23.6% retracement level. On January 19, it finally made a breakout with huge volume and a confirma... more

source: http://www.sheffieldkungfu.com I caught a short glimpse of Bernard Lo's show in CNBC, Straight Talk with  Bernie Lo, since it is the Chinese New year tomorrow their guest as a Feng Shui master. They talk about the expectations this yea... more

The following links below are some of the most interesting ones I’ve read, enough to share to my readers.  They essentially come from people I follow over twitter.  I can’t quite read most of them, let alone all the information barrage... more

Figure 1: PSE Index Chart Given its strong momentum and stable upward trend, I am expecting the index to continue moving up this week towards the upper line of the channel. God bless to our trades. more

Figure 1: ALI Price Chart Here is another stock worth accumulating for position trading. Thanks to dalmacio for pointing out the head and shoulder pattern. TP for that pattern is around P20.50. Aside from that ALI is also forming huge cup and ha... more

Jesse Livermore, Chapter 1, Reminiscences of a  Stock Operator (1923)  “I noticed that in advances as well as declines, stock prices were apt to show certain habits, so to speak. There was no end of parallel cases and these made precedents to... more

Puregold Price Club, Inc. Entry: 17.5 ~ 18 Stop: 17 Target: 20 (22/24 mid term) Notes: For almost a month now, the price action is always finding support at 18 and formed a typical price pattern before it usually make a move higher. Immediate suppo... more

Figure 1: PX Price Chart Accumulate inside the BUY ZONE area (P19.25 to P22.50). Cut losses when price goes down below P19.25. Key target of PX will be the PRZ for either the bat or crab harmonic pattern. Given the bullish divergence on PX, there is... more

Figure 1: PSE Index Chart Last week our index has exceeded my expectation. Instead of correcting/consolidating to normalize its trend before heading up. Its momentum simply accelerated upward and was able to break both its major trendline resistance... more

source: www.puregold.com.ph PureGold has been showing great results after its IPO last October 5, 2011. source: http://www.cdodev.com/ The IPO has brought in funds to finance their expansion projects throughout the Philippines. With i... more

Pitch Magic: Drag And Drop Pitch Page Creation We Built Pitchmagic To Do One Thing – Make It Simple For You To Create The Perfect Pitch Page. CB Requires Every Vendor To Have A Pitch Page, And With Drag And Drop Easy Of Use And Complete CB Inte... more

make money online fast eBay auctions you should keep an eye on:... more

(As a trader, you don’t have to know it all, but you have to know enough to understand and trade better more than just what the charts are saying, but I suppose pure chartists will disagree with my view. Nevertheless, I wish I had paid more tim... more