Portfolio Update

Dear reader,

let's go to check my Portfolio.

As you could see looking at the new attachments, I brought home some new gain on my workability. At that time I had a view regarding a likely uptrend and my stop profit levels were put following my trading system, forasmuch as I couldn't hit those on the nail. Only the M.T. ( Majestic Traders ) can guess the perfect bottom and top in an uptrend (vice versa for downtrend of course). I was a little bit surprise on the last extension of the bull market started on the middle of July. So I decided to stay at the window before entering with some short position. I'm investing, and the risk-reward is my landmark on this time, overall because I don't have as much time as I 'd like.

Before showing you the new Portfolio some notes to clarify my activity :

1) I have been stopped at the beginnig of April in the Gold position cause my stop loss set off ;

2) ANZ the last to be closed (end of July) automatically too ;

3) I did not open any position on Bond Market, cause the only one that make sense was on the Corporate Bond but it was too risky for me and I'm still a little bit worried regarding Interest Rates ;

4) Totally surprise on the Big movement of Nz Dollar, particularly against the Euro (23%) ;

5) Today my first Short has been placed, using Ultrashort ETF ;

The reversal so far is just a small amount, because there are some points on this market that are not really clear to me. I need some more confirmation. Not on Price but on Time. August is not a Set Up for my trading system. I need to deepen this.

Ok, that's it !!

Update soon.

Bye

Error Correction

Sorry, I've just realized that in previous imagine there was a mistake.
It was Gold the last line and not NZ Index.
Here the correction.
Thank you.

Bye

Let's try !!!

Welcome back bull market !

Maybe not for long time, but welcome back.

I think we touched a bottom quite important in these weeks.

I know, it's not only my opinion, but I have to say that I agree with those have this idea.

Why ?

Because of fundamental view and overall technical analysis view.

You should know it.

I'm a fun of T.A. , and as you can see in this blog, I'm try to prove it.

So looking at my new portfolio check what has changed :

1) close all the previous short position against NZ Dollar because I reckon we will see some improvement in it next months ;

2) open a new long position AUD/USD because I believe in a new commodities rally and Aud (like Cad) is the right currency to ride this new wave ;

3) Long on NZ Index as part of my new Market interpretation ;

4) bought ANZ and FLETCHER BUILDING because leader of two sectors I am a fun of now ;

5) Again on favour of GOLD (reasonably the best option against Iper-Inflation so far) ;

It's all for today.

Sorry for my rush, but I have thousand and thousand things to do, and no spare time.

It's easily shown on these 5 points above which is my broad view of the financial markets nowadays.

I'll try to keep updated my portfolio more frequently.

Bye

Update

I have not been writing in the last 4 months because of a turn of events that kept me busy (on the jump). Anyway, they have been days with a lot of volatility and it's been quite hard and stressful to be invested on the market. So.... in the meantime, what's happened ?
Nothing really "special", I'd say. The shares and commodities market kept slumping till the end of the year and then it started to find a support, meanwhile the Bonds (just the Government one and not the Corporate) had a big bullish trend until January. Gold seems to be the only defence for most of Institutional Investors and the currency had a trading range absolutely frightening.
I reckon you know all these matters, overall when we think of our "weak NZ Dollar".

What you can find just below are some of my consideration regarding my personal portfolio and two NZ Shares I was following in these months.
Let me say just that my studies were quite "guessed" (broadly speaking). I don't wanna appear to much vain and neither to commend (glorify) myself, but as far as I am concerned I am absolutely pleased of my job even if I wasn't (and I say .... was not) right on the Interest Rate Call. But now something 's changing. So prick up yours ears my friends.

Have a look these graphs:

You can check my previous comment on the archive on the right side of this Blog.



That's all for today.
I will be back quite soon, because I have some news for you !