Archive for July, 2012
|BID VOL||BID PRICE||ASK PRICE||ASK VOL|
Last 2008, a certain trader named Gerry who hit the “first” $100/bbl price of oil made a record, well..of course, a record of the first “someone” who bought oil at $100/bbl. the seller, Richard Arens. was of course…. an oblivion momentarily to that trade as crude dudes and dudettes only uttered who the buyer was.
To the trader/investor who will mark MBT’s first Php 100/share, this is your moment. Although another bearish divergence is brewing.
Tanduay goes on voluntary trading suspension today (July31) due to “material” matters to be discussed at today’s board meeting
Pre open. Time is 9:12am and a single bid of 1,000 shares only.
TDY – Tanduay Holdings, Inc.
BID VOL BID PRICE ASK PRICE ASK VOL
1,000 4.95 4.95 1,000
0 0.00 4.96 4,000
0 0.00 5.00 1,000
0 0.00 5.05 5,000
0 0.00 5.15 200,000
Pataka^ is a bisaya/hiligaynon word which means pointless or baseless.
The “Pataka” system main objective is just to trade continuously, of which its main objective was revealed on SMP Forex thread.
Later on, if i can find a good programmer, “Pataka” system can be modified as reversed-martingale, of which the idea is not to average down but to buy on the way up until the trend goes toppish. by doing so, the system will generate a single open position once the trend is momentarily over. it can also be modified by being both a real martingale and a reverse one, provided using a highly low leverage units with a 10-pip pt.
The Pataka System