About Me

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I am a young invester/Trader, i mostly focus on Short term or Intra day trading on the equities or Forex markets. I have recently completed my Bachelor of Commerce double major in Finance and Property. I have also completed my RG146 in securities and Financial planning and while trading is a passion my desire is to work within the stockbroking industry or as a trader for an investment bank. This blog I have set up to help share ideas to others on trades and tips i have picked up from my time in the market. I hope you enjoy my blog and some of my ideas :)

Twitter / scilliams

This blog i have designed for a bit of fun, education and sharing of my thoughts in regards to trading the ASX or general equities trading and also FOREX trading. I am no expert and nothing on this blog should be taken as financial advice, it is merely just a tool for myself to share any trading thoughts i have and for people to enjoy reading :)

Tuesday, December 22, 2009

AQA

Hey just did a quick chart on AQA after a mate pointed her out to me.

AQA 22-12-09

Things i liked were:

1. Breaking out from the old highs after the gap down now looking to be moving up and to close the gap.

2. Stochstics at the bottom just crossed to the upside with other time frames pointing up.

3. Bounced twice off the 41EMA and looks to be supporting here well.

4. 5 and 13 EMA about to cross the 21 EMA and looking bullish.

5. I will be buying on any dip

Can Either put stop below the 41EMA or below the low of the candle today or yesterday depending on ya risk etc. But initial target for me would be $10.30 to get the gap fill.

Thank for pointing her out to me today... sigh would have been nice if i was paying a bit more attention and found it earlier.

p.s. sorry for the bland chart haha

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