The Vital Function of Open Price November 3, 2010
BUY AND SELL AREA November 8, 2010
TRADING WITH PMI March 5, 2011
Saturday, March 5, 2011
BUY AND SELL AREA November 8, 2010
TRADING WITH PMI March 5, 2011
Saturday, March 5, 2011
TRADING WITH PMI
Why is trading so confusing and frustrating ? Markets fluctuate vigorously. Every stock that you’ve bought declines and the stock increases when you’ve sold it. You no longer know when to buy and when to sell. Day by day you’re far and far away from your dream to take profit.
Do you know that trading is so simple, easy and interesting when you use the precise tool to do it ? What’s the proper tool that makes your dream comes true and becomes the key to open your prosperity gate ?
The golden key of your prosperity gate is PMI. What’s PMI ? Do you ever know and learn this tool ? PMI isn’t a common tool that you can find anywhere. It’s a new indicator that I create and become an ultimate weapon to win trades. You won’t find it anywhere, except in Profit Trading. You will get access to PMI chart by taking “Trading with PMI" Course/ Workshop or become a Gold Member of Profit Trading. For taking "Trading with PMI" Course/ Workshop, please click this link. For registration to Gold Membership, please click this link.
PMI is a powerfull tool that makes your trading so simple and easy, just like ABC. It can be used for stocks, comodities (oil, gold, etc), indices (Hang Seng, Nikkei, etc) or forex trading. You will know when to buy and when to sell, plan your trading and realize your gain. How can it happen ? I’ll show you how it works, and you will understand easily how its work. You’ll understand when to buy and when to sell just by looking at the PMI chart. That’s why trading with PMI is so simple, easy and interesting.
Let’s see the price table and PMI chart of MYOR from December 6, 2010 to December 16, 2010 below.
MYOR
| |||||
Date
|
O
|
H
|
L
|
C
| |
06-Dec-10
|
12.000
|
12.550
|
12.000
|
12.350
| |
08-Dec-10
|
12.300
|
12.700
|
12.300
|
12.450
|
sell
|
09-Dec-10
|
12.450
|
12.550
|
12.200
|
12.250
| |
10-Dec-10
|
12.050
|
12.300
|
12.050
|
12.300
| |
13-Dec-10
|
12.000
|
12.050
|
11.550
|
11.950
| |
14-Dec-10
|
12.000
|
12.050
|
11.950
|
12.000
| |
15-Dec-10
|
12.000
|
12.000
|
10.550
|
11.400
|
buy
|
16-Dec-10
|
11.400
|
11.400
|
10.850
|
11.000
|
According to the price table of MYOR above, the precise exit point was 12.700 on December 8, 2010 and the precise entry point was 10.550 on December 15, 2010.
Then, we’ll watch the PMI chart of MYOR below.
Exit point of MYOR was 12.700 on December 8, 2010 when PMI started to decline and PMI-R was at highest value. Entry point of MYOR was 10.550 on December 15, 2010 when PMI and PMI-R were at lowest value. The second chance to buy MYOR was 10.850 on December 16, 2010 when PMI and PMI-R started to increase. Change of retracement was on December 09, 2010. It means that PMI is very accurate because it has given the correct signals on the right time, too.
Let’s compare PMI with other indicators. First, we compare it with ADX.
We can see that ADX on December 8, 2010 gave buy signal because DMI+ made a golden cross with DMI-. On December 13, 2010, ADX gave sell signal because DMI+ made a death cross with DMI-. So, ADX gave the opposite signals against PMI. It means ADX has given the wrong signals.
The chart below is the MFI chart of MYOR. We can see that MFI gave buy signal on December 8, 2010 because MFI (14) made a golden cross with MFI (30). MFI didn’t give sell signal clearly. So, MFI has given the wrong signal, too.
The chart below is the SMA chart of MYOR. We can see that SMA gave buy signal on December 8, 2010 because SMA (5) made a golden cross with SMA (20). SMA (5) almost made a death cross with SMA (20) on December 16, 2010. It means SMA (20) and SMA (20) have given the wrong signals, too.
Please see Stochastic and Candle Stick of MYOR on December 8, 2010 below. Let’s pretend you’re on December 8. 2010 at this moment. K and D line of Stochastic are still open upward with a wide and haven’t made a death cross yet. Candle Stick of MYOR formed 5 green candles walked up to the top. Would you sell MYOR after you saw the chart below ?. Or, would you hope that MYOR would continue to increase ?
After that, let’s see MYOR chart on December 15, 2010 below. K and D line made a death cross on December 10, 2010 and wide open down on December 15, 2010. Candle stick on December 15, 2010 formed long black candle. Increasing volume of transaction confirmed a distribution on December 15, 2010. No up reversal sign was seen at that moment. Would you dare to buy MYOR on December 15, 2010 after you looked this chart ?.
The comparison of PMI with ADX, MFI, SMA, Stochastic and Candle Stick in MYOR has shown that PMI is more accurate and superior than the others. PMI is really an amazing tool that can show you the right signals on the right time, so you can make good decisions in trading.
I’ll show you another example. Let’s see the price table and PMI chart of TLKM from November 3, 2010 to November 15, 2010 below.
TLKM
| |||||
Date
|
O
|
H
|
L
|
C
| |
03-Nov-10
|
8.300
|
8.300
|
8.000
|
8.050
| |
04-Nov-10
|
8.050
|
8.200
|
7.900
|
8.100
| |
05-Nov-10
|
8.200
|
8.200
|
7.750
|
7.850
|
buy
|
08-Nov-10
|
7.900
|
8.150
|
7.850
|
8.150
| |
09-Nov-10
|
8.200
|
8.200
|
8.100
|
8.150
| |
10-Nov-10
|
8.100
|
8.500
|
8.100
|
8.450
| |
11-Nov-10
|
8.450
|
8.650
|
8.400
|
8.500
|
sell
|
12-Nov-10
|
8.500
|
8.500
|
8.200
|
8.250
| |
15-Nov-10
|
8.250
|
8.300
|
8.050
|
8.200
|
According to the price table of TLKM above, the precise entry point was 7.750 on December 5, 2010 and the precise exit point was 8.650 on December 11, 2010.
After that, let's watch the PMI chart of TLKM below.
Entry point of TLKM was 7.750 on November 5, 2010 when PMI and PMI-R were at lowest value. The second chance to buy TLKM was 7.850 on November 6, 2010 when PMI and PMI-R started to increase. Exit point of TLKM was 8.650 on November 11, 2010 when PMI started to decrease and PMI-R was at highest value. Change of retracement was on November 12, 2010.
Once again, PMI is very accurate because it has given the correct signals on the right time, too.
Let’s compare PMI with other indicators. First, we compare it with ADX. We can see that ADX didn’t give any signal on that period.
The chart below is the MFI chart of TLKM. We can see that MFI didn’t give any accurate signal, too.
The chart below is the SMA (5) and SMA (20) chart of TLKM. We can see that MFI didn’t give any accurate signal, too.
Please see Stochastic and Candle Stick of TLKM on November 3, 2010 below. Let’s pretend you’re on November 3. 2010 at this moment. K and D line of Stochastic made a death cross on December 1, 2010 and still wide open down. Candle Stick of MYOR formed 4 black crows with long black candles. Increasing volume of transaction since November 1, 2010 confirmed a distribution on November 3, 2010. No up reversal sign was seen at that moment. Would you dare to buy TLKM on December 3, 2010 after you saw the chart below ?. Or, would you think that TLKM would continue to decrease ?
After that, let’s see TLKM chart on November 11, 2010 below. K and D line of Stochastic made a golden cross on November 5, 2010 and still open upward with a wide. No down reversal sign was found from Stochastic chart. Candle Stick of MYOR formed 2 gren candles walked up to the top. The last candle formed a shooting star. It’s the only sign of candle stick that TLKM prepared to downturn.
Once again, the comparison of PMI with ADX, MFI, SMA, Stochastic and Candle Stick in TLKM has shown that PMI is more sensitive and superior than the others. PMI is a very powerfull tool that makes you easy to decide your position, win your trades and multiply your profits.
PMI is my original creation. You can’t find it anywhere, except in Profit Trading. You can get acces to PMI tool when you take “Trading with PMI" Course/ Workshop or become gold member of Profit Trading.
For taking "Trading with PMI" Course/ Workshop, please click this link.
For registration to Gold Membership, please click this link.
For taking "Trading with PMI" Course/ Workshop, please click this link.
For registration to Gold Membership, please click this link.
