2 new good breakouts CCP and WHGWHK GROUP LIMITED code: *WHGand...

2 new good breakouts CCP and WHG

WHK GROUP LIMITED code: *WHG
and CREDIT CORP *CCP were picked up this morning and I just bought both.

More info on searches:

I search all 2,000 ASX stocks EVERY MORNING looking for the breakouts. (Metastock does most of it and I view the best 200 or so charts that pass the criteria)


Current Market Status:

Advancing trend but volatile.


Best performing Industries to focus on:

Engineering services **Booming
Mining services **Booming
Oil and gas
Coal and coal services
Banks
IT to SME's
Funds management
Uranium, Gold.



Todays breakout stock:

I'll post any new stocks as I find them.see above

Breakout/advancing Stocks/CFD's currently held:

Code Held buy price latest price % inc/dec
REA 4w 4.1 4.29 4.63%
MND 4w 7.3 9.8 34.25%
WTF 4w 3.5 3.82 9.14%
SMX 2w 2.36 2.73 15.68%
SDM 2w 0.62 1.00 61.29%
PRG 2w 2.42 2.84 17.36%
SWK 1w 0.32 0.38 18.75%
TSE 1w 2.31 2.35 1.73%





"Pauls Breakout Alerts" list the best stocks/CFD's at the start of a trend as it breaks out, or in the early stages of a tradable trend.

Money can be made in any market conditions using the right products by having the flexibility of going long or short.

It's a matter of trading with the trend, whether its up or down. Advancing trends AND declining trends can be found at different times (as you have noticed) in shares, the ASX200 index itself, and in FX or Sectors.

My strategy is as follows:

1. Trade or invest with the trend of any market whether it be up or down.

2. Protection of Capital- Triggers for selling positions when individual positions or the market as a whole turns.

3. Trailing sell stops- to allow your profits to run.

4. Add to profitable positions as the trend continues.

What I trade when?

When the Stock market is trending up:
I trade Shares long. I search all 2,000 ASX stocks EVERY MORNING looking for the breakouts.
I also Trade the ASX200 Index and Sectors when triggers are hit. (I used to trade index options but they expired, CFD's don't)


When the Market is trending down:
I trade the ASX200 Index and Sectors.
And search for good shortable stocks, there are about 500 shortable stocks depending on which CFD provider you use.

When the Market is trending sideways:
I trade long and short while I wait to see which way the index will go from it's sideway movement, then trade primarily in that direction for shares and the ASX200 index.


What happens if the Stock market trend changes from up to down?
If it starts to fall I have a trigger that tells me when to sell all stocks I hold.


More about the search:

I search all 2,000 ASX stocks EVERY MORNING. I don't just research the biggest 100 or 200 companies over a number of weeks or months cycle which is what most people do.

This is to ensure none of the early advances are missed.

The results of the ranking, screening and research done daily returns only the most potentially powerful stocks.

The greater the expansion of volume on the breakout the more bullish the stock. Our aim is to buy the stocks at the beginning of the uptrend. where the downside risk is low, and the upside potential considerable.


Paul
[email protected]