Stan Weinstein's Stage Analysis

This is a discussion on Stan Weinstein's Stage Analysis within the Technical Analysis forums, part of the Methods category; with eur/gbp would you put stop apporox 0.885? what you think of oxig?...

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Old Nov 29, 2011, 11:03am   #91
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Re: Stan Weinstein's Stage Analysis

with eur/gbp would you put stop apporox 0.885?
what you think of oxig?
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Old Nov 29, 2011, 11:09am   #92
 
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Re: Stan Weinstein's Stage Analysis

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with eur/gbp would you put stop apporox 0.885?
Depends on the timeframe. So mine is bigger as I'm using monthly timeframe with a lot less leverage, but that would be sensible on a weekly timeframe as it is above the last swing high and the 30 week MA.
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Old Nov 29, 2011, 11:13am   #93
 
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Re: Stan Weinstein's Stage Analysis

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with eur/gbp would you put stop apporox 0.885?
what you think of oxig?
It's Stage 3, but could become a Stage 2 continuation if it can close above the week above the previous high. Not much volume in it.
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Old Nov 29, 2011, 1:28pm   #94
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Re: Stan Weinstein's Stage Analysis

jusy going through some us charts.. nflx is a good hindsight long then short.. those are the type of longs im dreaming about, and dia in uk..
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Old Nov 30, 2011, 10:49am   #95
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Re: Stan Weinstein's Stage Analysis

a few potential for the usa
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Thanks! The following members like this post: isatrader
Old Nov 30, 2011, 8:55pm   #96
 
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EURAUD Stage Analysis

isatrader started this thread I been focusing on finding some long term trades that have less correlation to the market moves, and currencies seem to be a good option for this. Attached is the monthly, weekly and daily charts for the EUR/AUD forex pair.

On the monthly it's been in Stage 4 for the last few years. The weekly is in Stage 1 and near the low of the range, and on the daily it has broken it's trendline today after a big down move this week. As the move has been so big I'm going to watch to see what the reaction back up is first before taking a position as the 30 day MA is a long way behind at 1.3472 currently. But it looks like it might give a weekly stage 4 continuation signal by breaking below 1.29 soon.

Here's the charts
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euraud_monthly_30_11_11.png   euraud_daily_30_11_11.png  
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Old Dec 1, 2011, 11:27am   #97
 
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Re: Stan Weinstein's Stage Analysis

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A couple of my current trades are:

01/11/11 - RR.L long @ 678.85
24/11/11 - Silver short @ 32.009
25/11/11 - STI short @ 16.729
25/11/11 - RAI long @ 40.06
The current Weinstein method trades are doing ok. STI was stopped out yesterday for a -1.57% ATR(200) adjusted loss, but the longs are outperforming the shorts so is positive overall.

Open - RR.L currently @ 734
+3.13% ATR(200) adjusted

Open - Silver currently @ 33.2
-0.70% ATR(200) adjusted

Open - RAI currently @ 41.82
+2.59% ATR(200) adjusted

Closed - STI short @ 18.05
-1.57% ATR(200) adjusted (stopped out 30/11/11)

I'm going to continue to have a neutral directional bias for the time being as the S&P 500 is now in Stage 1 on the weekly chart. My current thinking is that a break above 1300 would be the Stage 2A breakout - so that would shift my bias to long only plays. But we are not there yet and could just as easily go the other way again.
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Old Dec 1, 2011, 12:42pm   #98
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Re: Stan Weinstein's Stage Analysis

nice one.. agree at this stage its best not to get carried away in either direction. must admit i am extremely light though.
only thing ive bought is eros below, which prob isnt a weinstein, but i liked the weekly break, and retracement back to breakout level, now going up again.
still watching berkely, but results on friday so will wait..
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Old Dec 1, 2011, 12:57pm   #99
 
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Re: Stan Weinstein's Stage Analysis

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nice one.. agree at this stage its best not to get carried away in either direction. must admit i am extremely light though.
only thing ive bought is eros below, which prob isnt a weinstein, but i liked the weekly break, and retracement back to breakout level, now going up again.
still watching berkely, but results on friday so will wait..
Stage 1 on the weekly after a minor dip into Stage 4. Monthly shows it needs a close above 2010 high to hit Stage 2 breakout level. Relative performance vs the market and the media sector is good though, and a nice pop in volume. Here's the charts
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eros_monthly_30_11_11.png   eros_weekly_30_11_11.png   eros_rs_weekly_30_11_11.png  

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Old Dec 1, 2011, 3:04pm   #100
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Re: Stan Weinstein's Stage Analysis

whichever way it breaks looks like futre direction..
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Old Dec 1, 2011, 11:03pm   #101
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Re: EURAUD Stage Analysis

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Originally Posted by isatrader View Post
I been focusing on finding some long term trades that have less correlation to the market moves, and currencies seem to be a good option for this. Attached is the monthly, weekly and daily charts for the EUR/AUD forex pair....
I read this thread with interest, so thanks to you both for keeping it going. For your relative strength component, you chart strength relative to the GSPC, but, as the relevant market is the currency market, would it be better, for example, to look at only the $ pairs and chart them against for example either the DXY (or the inverse of the DXY) or gold?
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Old Dec 1, 2011, 11:13pm   #102
 
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Re: EURAUD Stage Analysis

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I read this thread with interest, so thanks to you both for keeping it going. For your relative strength component, you chart strength relative to the GSPC, but, as the relevant market is the currency market, would it be better, for example, to look at only the $ pairs and chart them against for example either the DXY (or the inverse of the DXY) or gold?
You can use any measure you want for relative performance really. The method is based around stocks, so the S&P 500 is the key metric for that. But for commodities you might compare against the CRB index or the CCI index, and for currencies like you say the DXY could be used. It all depends on what you are aiming to outperform, but the S&P 500 is used for the base comparison generally.
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Old Dec 2, 2011, 10:03am   #103
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Re: Stan Weinstein's Stage Analysis

isa - if you have time would you be able to do me a daily chart with how you see the shorter term stage analysis for a year. i understand if no time.
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Old Dec 2, 2011, 10:09am   #104
 
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Re: Stan Weinstein's Stage Analysis

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isa - if you have time would you be able to do me a daily chart with how you see the shorter term stage analysis for a year. i understand if no time.
I'm out this morning, but should be able to do it later on.
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Old Dec 2, 2011, 12:17pm   #105
 
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Re: Stan Weinstein's Stage Analysis

isatrader started this thread This is my first attempt at making a video, so I've done a quick stage analysis of Gold.

To watch it click on the following link to the video:

http://www.screencast.com/t/GvBOOcPy3

or you can click on the larger image below.

I hope it's clear and makes sense? But hopefully I'll get better once I do a few more.

Click the image to open in full size.
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