© 2004 by Rettmer Trading Trust Trinity - An Approach to Trading Shares Udo Stegen © 2004 by Rettmer Trading Trust.

Presentasjon om: "© 2004 by Rettmer Trading Trust Trinity - An Approach to Trading Shares Udo Stegen © 2004 by Rettmer Trading Trust."— Utskrift av presentasjonen:

1 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity - An Approach to Trading Shares Udo Stegen © 2004 by Rettmer Trading Trust

2 udo@rettmer.com.au Trinity - What Does It Do? u Identifies possible change of trend u Suggests entry u Suggests exit u No guarantee, only probabilities u Determine “DNA” of a stock

3 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity - What’s in it for ME? u Chart templates –Daily, IntraDay, Weekly u Three kinds of indicators –A/D, Stochastic, MACD/EMA u Entry and exit rules –based on stock’s DNA

4 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Evolution u “KISS” - Keep It Simple, Stupid! u Find a turning point u It’s easy on the left...

5 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Anything else I need to know? u SMLC: Share Market Life Cycle –get Warren’s video u Trends, Charts, Market Depth –Market Analyser (upgrade to Pro) u Study your stocks (DNA)

6 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Agenda u SMLC stages (5 minutes) u Trinity Indicators (15 minutes) u Long trades (15 minutes) u Short trades (15 minutes) u Scans and Charts in MA Pro (15 minutes) u Break (10 minutes) u Q & A (15 minutes)

7 udo@rettmer.com.au © 2004 by Rettmer Trading Trust SMLC Stages u What does a share price do? –it falls (Stage 1) –it moves sideways (Stage 2) –it rises (Stage 3) –it moves sideways (Stage 4) u This happens on any time scale

8 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Weekly Chart

9 udo@rettmer.com.au © 2004 by Rettmer Trading Trust IntraDay Chart

10 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Daily Chart

11 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trading between TP34s

12 udo@rettmer.com.au © 2004 by Rettmer Trading Trust When do TPs Lock In?

13 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Indicator Classes u Volume-Price combination –Accumulation, Distribution u Momentum, i.e. strength of price change –Stochastic, Rate of Change u History Averages –MACD, EMA

14 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Turning Predicted

15 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Turning Confirmed

16 udo@rettmer.com.au © 2004 by Rettmer Trading Trust A Strong Trend

17 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Long Trades u Accu: Stock is down u Volume: Interest coming in u Stochastic: predicts u MACD crosses Signal: Attention! u MACD crosses Zero: We’re away!

18 udo@rettmer.com.au © 2004 by Rettmer Trading Trust RIO – Textbook Long

19 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Testing our Patience

20 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Not a strong Entry

21 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Support/Resistance u Four Major Levels 1.Last Low before Turn 2.Close on day before Turn 3.Low on day after Turn 4.FTFF Level

22 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Example Key Levels

23 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Example EMA Levels

24 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Example Fibonacci Levels

25 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Short Trading u Approach: Mirror Long –D34 instead of A34 –Stochastic falls below 80% –MACD falls through Signal and zero u Caution: Be aware that - –Stocks fall faster than they rise –Optimists may start buying early –False support signals when bids are pulled

26 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Example: CSL Jan 2002

27 udo@rettmer.com.au © 2004 by Rettmer Trading Trust CSL: The BIG Picture

28 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Analyser Scans u MA Pro is fast nearing completion u Users can write Personal Scans (or subscribe to extensions supplied by others) u Scans can be added as Chart Indicators u Indicators can build Trading Systems u Trading Systems can be back-tested

29 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity Scans u Result of 7/07/2004 (Long) – –CEP.AX – –CENTRO PROPS – –$4.23 – –Trinity-L.Classic suggests Long: A34 and S OK 2 days ago. MACD x zero on the last day. Current Close EMA all up; line-up HALF ok ** *** Av.Volume DOWN

30 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity Scans u Result of 7/07/2004 (Short) – –PBG.AX – –PACIFIC BRANDS – –$2.70 – –Trinity-S.Classic suggests Short: D55 and S OK 1 day ago. MACD x Signal on the last day. Current Close EMA 1 *UP*; line-up NOT OK *** Turnover < 80% ***

31 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity Scan – CEP Long

32 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity Scan – PBG Short

33 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity as Chart Indicator

34 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity Chart for ANZ

35 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Trinity Chart for WES

36 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Summary u You learned - –to identify a stock’s SMLC Stage –to interpret a Chart with templates –to check a stock’s DNA u You can adapt Trinity –to your favourite stocks –to your own trading style u Don’t forget Money Management!

37 udo@rettmer.com.au © 2004 by Rettmer Trading Trust Acknowledgement, Sources u Members Forum Search for Trinity; how much time do you have? u Education Section Technical Indicators; check out Stochastic and MACD u Fellow Traders and Group members A rthur, B art, C ool Hippo, D avid,... W arren