Friday, November 8, 2013

Trade Notes


What happened today?

courtesy of COLFinancial

  • Gold $1,309.55
    • B2 Gold @ 2.43
    • Is B2 Gold forming a " Three Push" pattern? (MACD?) Read more here
Fig. 1 B2 Gold Stock Chart "Can you recognize any pattern?"
courtesy of stockcharts.com
Fig. 2 The "Three Push" Pattern
courtesy of afraidtotrade.com



Fig. 3 Super Typhoon Haiyan approaching Phil Area of Responsibility
courtesy of ibtimes.com



Fig 4. Can you see Philippines? (nope, it covered the whole country)
courtesy of washingtonpost.com




Super Typhoon Haiyan/Yolanda made landfall today in VisMin and Southern Bicol Region with winds at 315kph and gusts at 380kh. According to news it broke the maximum at Dvorak scale that measures the storm's intensity. Classes were suspended and Signal #4 was declared on greatly affected areas. Onsite they suspended operations and prepared for the worst inside the camp.

Philippine market was hit also by some kind of a storm. My chips were in red and not the usual red as percent loss is >5%. Aray kupo! I looked for news and gained minimal information on what is happening. However I managed to add some for PX and LTG. PX is my long term and LTG since last week was ripe enough overripe na to have a reversal. I also tried letting go of LCB but my sell price was not hit. I was trying to release this and place to more attractive chips on my watchlist such as DNL and MWC. Anyway, next week would be another chapter.

Stay alert and be prepared. Have a safe week everyone!


Cheers!

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