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Daily Charts & Musings ASX

Sunday, January 29, 2012

Market Club to be an additional resource



Mesoblast Limited (MSB) Chart



Im going to sign up to these guys - I use their morning email report and in my opinion its very good usually -



MARKETCLUB - THE SIMPLE SOLUTION
MarketClub uses their famous, proprietary, algorithmic Trade Triangles to identify long, medium and short term trends for every single symbol. Just imagine being able to view any chart and with the click of your mouse, highlight the exact day and price that these important monthly, weekly and daily trends started and finished. What's more, being able to instantly identify how strong, or weak the trend actually is.  Could you really imagine what affect it could have on your portfolio if all the stocks within it were trading with the trend, as opposed to against it?
When we introduced Australian shares into MarketClub, we were able to back track to see how the trade triangles performed on historical data. Take a look at the above ASX chart for Iluka Resources (ILU) where a long term (monthly) upward trend was triggered in August 2009 at $3.77. This long term trend was still in place at July 15 2011 when the share was trading at $17.89. Had you been trading this stock using MarketClub's dual time frame strategy, you could have been trading with the major trend throughout this  large upward price movement.
Or the ASX chart below for Mesoblast Limited (MSB), where a long term (monthly) upward trend was triggered in July 2009 at 85 cents. This long term trend was still in place at July 15th 2011 when the share was trading at $8.91. Had you been trading this stock using MarketClub's dual time frame strategy, you could have been trading with the major trend throughout this huge upward movement.
MarketClub:
World-Wide HQ, Discovery Village, Shady Side, MD, 20764, USA. 
Australian Office
MarketClub Australia Pty Ltd. Phone 1300 652 162

Saturday, January 28, 2012

MNC - METMINCO LIMITED

Another example of the method - its been a busy year -

MNC now a "sell" for the moment.

Sunday, April 03, 2011

SYS = SYNGAS LIMITED

might buy some
4/4 placed order @1.8c. deleted EOD, now watching

29-1-12, Updating all charts posted, SYS now 0.6cents - wow - hasn't been a good year for SYS.

Wednesday, March 02, 2011

PRW = PROTO RESOURCES & INVESTMENTS LTD [PRW]

Buying PRW.
sold for small loss. 4/3/11

29-1-12, Updating all charts posted, PRW now 2.5cents - been a shocker for this one.

Tuesday, March 01, 2011

AIW = Sell 2-03-2011

For safety, exit tomorrow - News released today

Monday, February 28, 2011

AIW = AUSTRALIAN-AMERICAN MINING CORPORATION LIMITED

Drill results due?
The old Monaro = MRO
Again the signal was on Friday but today will suffice

29-1-12, Updating all charts posted, AIW now 6.2cents - hasn't been a good year.

Friday, February 25, 2011

Sell QNL

take profits