Posts

Impulse trade

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  When i learned that MONDE (Monde Nissin Corp) will be part of the PSEI - the top 30 listed companies, I looked at recent changes in PSEI composition. The best example is CNVRG (Converge) . it was around Php23 per share before the announcement and went as high as Php45 after being added. Sold my (FB) San Miguel Food and Beverage shares and bought MONDE on impulse.  I must admit that there was no Technical or Fundamental analysis on making this decision.  i have read long ago that Funds that track the PSEI need to own stocks of the PSEI. This is the first time i traded because of this info and it wont be the last.

Trading Idea : DDMPR

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  This is my first time to implement this trading strategy, The Bollinger squeeze. For this weekly chart Bollinger bands have tightened and the bandwidth (BBW)  is ripe for volatility. RSI might not look that explosive but it has been increasing since Aug 2021. I already bought 40% of my planned total purchase of this stock  

Trading Idea : San Miguel Food and Beverage

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  I have been waiting for this to fall since last year. i think its time. The plan is to buy in 5 tranches in a span of 1-2 weeks between 67-69 Cut-loss at 66.50 and sell everything. 

Trade Log : ADA

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  It was not a bad trade coz I didn't lose money but definitely not a good trade.  I entered at 1.3 but it went as low as 1.2  I also could have sold in the morning when it went as high as 1.49 I placed the sell order at 1.45 before going to sleep and surprised myself in the morning, a day before Christmas.

ADA and RSI 50

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ADA has been trying to break RSI 50 since Dec 12. Another Attempt on Dec 16 failed. Looks like it will try again today. I will enter this trade when this period closes and it stays above 50.  (Not investment advise)

re entering Bitcoin

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Bitcoin fell from $64,854.00 to 28,805.00. I was silently watching in the sidelines but now, i think its safe to buy again. *screenshot from Binance App I bought some Bitcoin back in the 20th of August and got some decent gains. Its still a roller coaster ride -  Price dropped and i lost 1,000 pesos back in 30th of Aug but jumped back a few days later My indicators for this trade are the 50 Day Moving Average, Volume and MACD and I'm monitoring the weekly chart. Let's see how long this will go before we get the signal to sell. *B uy crypto at your own risk -  This is not an Investment Advice.  *Don't buy VUL - This is a Friendly Advice.

Converge Speed update

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  I recently updated my router to an Asus TUF Gaming AX3000 I'm still on the FIBERX 2500 plan which according to their site  will give me 100 Mbps I picked this router to future proof things since it supports Wifi 6.  I dont have a wifi 6 phone at home yet. I wonder what the speeds would be when i finally get one..