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Wranglers Trading Zone

Started by wrangler, May 23, 2006, 10:14:32 AM

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wrangler

 I've been testing a new system of using 32 DMA and will keep track of them here to see how it works. I'll be updating as I'll be adding new information from time to time besides the 32 DMA  My plans is to buy when a stock has moved above it's 32 DMA and hold till it comes back down to hit it's 32 DMA at which time I'll make a decision if I should sell or put stop loss in.
My first three buy's I bought yesterday. I'll try to update as much as I can but will not alway's be able to everyday because of work schedule.

1 : ATSX  bought @.36 on 5-22-06
wrangler

wrangler

#1
 Both orders got filled and still using 32 DMA as my buy signal. MACD is moving above centerline and RSI is about to move above top line 70. Three signals giving me the buy
Bought EQBM @.05
Bought BLLNE @.031
Goodluck trading to all :)
wrangler

wrangler

Took a second position on EQBM @.046. As I stated these are small positions I took so it won't hurt if they don't go good.
Trying to stay away from penny's so if I do take a penny on I'll only use small positions to limit risk.
Goodluck trading to all :)
wrangler

wrangler

LIV : just bought @.47
wrangler

wrangler

#4
ATSX : still holding even though it has dropped to .27 from my buy price of .36 I might decide to sell if it doesn't improve soon.

Bought three stocks today.
EQBM @.05 and second position @.046
BLLNE @.031
LIV @.47
wrangler

wrangler

ATSX : is comming back to life,,just what I was hoping for. Almost decided to sell but have got to learn patience. Will be glad to see it get back to my buy price. At least it's going back up above 32 DMA.
I'm beginning to think that to play the 32 DMA I'm testing is to sell when it hit's 32 DMA going down and buy again if it goes back up above. Still trying out new system and hope to find a good trading system using it .
Goodluck trading to all :)
wrangler

wrangler

CHTR : bought today @1.19

Still holding
LIV
ATSX
EQBM
BLLNE

Have a great weekend :)
wrangler

wrangler

BLLNE : Just wanted to bring this one to you're watch. Has made some upward movement today and hasn't been any news on it,,sounds like something might be in the works. You might want to put this one on you're watchlist.
I bought @.031 three day's ago and is now @.05 and chart shows no signs of letting up yet
wrangler

wrangler

LIV : Something seems to be holding stock like waiting on some kind of news so I put trailing stop loss in for 6% which set it at .4042 and reason for 6% is low price for last 5 day's is .42 so I set it right below it. Put it in for just the day and will see what happens my buy price was .47
wrangler

Stocky2000

hey wrangler....

Oil picks starting to move amep, sun, tgc

time to buy (i bought all of them)

Crude prices rebounded Friday after Iran said it won't halt plans to begin uranium enrichment, defying U.S. and European demands, and production dropped in Nigeria.

Light, sweet crude rose $1.46 to $71.80 a barrel. The rally in crude prices and a refinery fire were propping up prices of gasoline and heating oil by 5 cents each, to $2.17 a gallon and $2.02 a gallon, respectively.

"Iran is determined to go ahead with its nuclear enrichment work for peaceful purposes," the deputy head of Iran's Atomic Energy Organization Mohammad Saeedi said, according to Reuters.


Stocky2000

great pennystock collection you have  ;D

Acur could breakout....volume must rise......i would use the MA50 as an exit point...if it drops below

cheers ket 8)

wrangler

BLLNE : would like to see it hit .064 and stay above when it hits .062 that will be 100% gain so far. @.064 will show Muti-Year breakout and it could continue for some time,,keeping fingers crossed

CHTR :  continues to move up slowly

LIV : is stalled for time being,,I'm thinking some kind of new's is coming ,,hope it will be good news
wrangler

maverick12

What is ur take on EQBM? Hold or Sell?

wrangler

Hold, chart is showing it's making higher low's along with higher high's. Give it time


Quote from: maverick12 on June 05, 2006, 11:29:24 PM
What is ur take on EQBM? Hold or Sell?
wrangler

wrangler

I'll be cleaning up this thread this weekend to delete some that has no relevance on the picks I post  and updating the stocks I'm holding.
Still holding
LIV
CHTR
ATSX
BLLNE
NMKT : I'll go ahead and add this one,This one is posted on active thread but will keep it here to
EQBM : buyer's is coming back and it's beginning to form uptrend. Adding chart on this one for maverick12 and whoever else might be holding. Give this one time and you'll be glad you did.   

Quote from: maverick12 on June 05, 2006, 11:29:24 PM
What is ur take on EQBM? Hold or Sell?
wrangler