| To: explorationguy who wrote (10640) | 4/14/2020 3:55:50 PM | | From: louel | | | | some; Tried it in the past. examined it's structure. Basically tweaked Macd different time make up.
MACD calculates the difference between the exp 9 and 26 moving averages. Based on information extracted from the last 52 periods using daily closing prices as the constant.
Awsome; in normal setting employs the 5 Vs 34 period simple averages without weighting offered by expotential, front weighting or smoothing effects. the Tweaking away from MACD is a few things. Style of Ma averages , Length (time frame) the previous period from which information has been gleaned from and the constant has also been changed from closing prices to the average price for the current day By doing so creates stability it is less radical. Better for scalping mid day 5 to hourly price fluctuations rise and fall the indicator remains constant fixed on the average pricing from open to close. That is why it is not profitable trading the Histogram cross. By doing so you have alreasy lost the initial part of the move you end up buying after it has left oversold , crossed 50% of average range of the day rise and is ascending toward over bought. By reducing the range of the runs profits by 1/2 trading fees still have to be covered diminishing potential profit. Another thing top of the profit has been cliped prior to an exit signal It is like most others a lagging indicator. The only way I got some satisfactory results were by entering long on the second confirming green bar combined with viewing the candle formation and corresponding Volume as momentum.
Earlier entry produced better results in individual cases but risk was also higher .
Awsomw is a derrivetive of Heiken Ashi in histogram or line form rather than being displayed in Candle vision form. I believe the Japanese arrange ment is more dependable in exposing the trend stability. It calculate the averege day price however Heiken uses the hi minus low of the previous day then adds the open Minus close of the current day and divides it by 4 . If the average price is above the average calculated yesterday the candle in green if average price is is lower the candle turns red. I like it for swing trend trades.
My software probably as in most if I change the time frame from anywhere between minutes to monthly it automatically re-adjusts the indicators to correspond the time frame being viewed in that order one can many times view the approach to the run being instigated I also employ the use of Time segmented volume indicator. (TSV) this is a leading indicator for price to move there must be buying or selling and that shows up in volume. It may be o small to visualize in the volume bars when accumulation is slow at the beginning because the buyer wants to hide their entry and deter heard mentality entry driving up the asks prior to being filled. Tiume Ssegmented Volume Compares present volume buying and selling with past segments over given previous similar time periods so it reveals even tiny volume differences if they are at all consistent. the regular setting usually looks back 38 periods compared to the last 19 periods calculated daily using information from the previous 3 trading days for each of the two earlier mentioned periods. It is not infallible either many times it reads contrary to Macd which is based on price alone When a security rises or falls Volume high or low is part of the process behind the scenes. the indicator simply detects that. If it has dropped and volume keeps reducing there is a good chance for a long consolidation at least . One always must remember their name. Indicators' That is what they are indicators Not predictors they only indicate a change may be in process not guarantee or predict one They are a heads up to examine other aspects from fundamentals Current is the cycle in or out has there been political changes or product S vsDemand or price variations That is what indicators do they send alerts of possible changes on the horizon
Heiken Ashi Like Awsome is not for sideways consolidation trading it activates when trends begin on approx. the 2 or third day then follows through till it ends or weakens. Weakening trend signs are Dogi type candles where buying and selling pressures equalize leaving wicks and tails on the candle both above and below Uncertainty in where the power lies. Near the trend conclusion many times spikes will move to the opposite end of the Candle showing either bulls have moved in or bears are ready to put it to sleep.
Just edit a candle chart in your software from open Vs close or percent gain setting to Heiken ashi then skip through a number of charts you are familiar with and look how different the candle runs appear in comparison switch back and forth on the same stock amazing difference
Some thing else an advantage (Almost a must is stock cycles ) they all have time cycles in which they opertate from highs to lows and vice versa. You can buy a very fantastic stock which is out of its cycle and still loose money . people don't but sleighs, skiis and ice skates in summer or canoes and bathing suits in -40 degree weather. But they should just prior to the season when they are being offloaded when any moneyor profit is better than none Then sell to the demand when the crowd rushes in scooping up whats left on the shelves. GOld and exploration is beginning to move as some are picking up some prior to summer program drilling begins or stock pumping trying to rally price a bit for a PP
Little understood by many is when a company wants to do a Placement They approach lenders. If the lender is interested in the information they provide and believe they can promote it. Prior to anything taking place the funder will slowly accumulate as much as they think they need to cover the cost at rock bottom. With shares in hand the corporate responsibility is to begin releasing reports of an up coming program , how great they view the potential a whole bunch of historical facts and how great nearby discoveries have been in this very hot region. they create a furor of anxiety. Sounds good but has no actual true bearing on whether or not their own attempt will be successful or not. Most of it is Hype. They throw these hypothetical suggestions out. Spinning it as positive as possible with out breaking the law. Aiding the unsuspecting retailer in painting a glorious picture of wealth and riches in their own minds. So the crowd moves in grabbing shares taking out the asks day after day After rising significantly double what it was a few months ago volume picks up dramatically bringing in more of the heard. Then a pp is announced with full participation the volume during and after the pump came from the hidden money man taking profits on shares accumulated below. ANON. they have just made the money off retailers they intend to fund the PP with The placement is filled a few cents lower with equal warrants attached. There in a no loss situation Money came from other people by selling the hype. Now they have those p shares plus equal warrants which carry no risk. the shares they hold from the PP have a 4 month hold. Who cares they were purchased with money gained in the hyped rally The institution can then sell them of at any price with a profit as they wewe basically free to begin with. Their in a no loss situation both PP shares and warants if warrants don't come into the money no loss there either just let them expire or ask for an extension which will cost the company nothing.
It's a dirty game but within the boundries of the law As far as the Ceo's are supposed to protect share holders. That is to the best of their ability. Ty and prove their personal judgment & ability was greater than they offered Unless actual non hypothesized statements were made it is normally left open ended meaning we are not finished or there are other possible outcomes qualified by; Expect . Think , Perhaps , soon, Depending Due to circumstances
It is hare to determine true fundamentals on a corp with no income looking for something with other peoples money Much easier with companies like CMMC WEF. and otherlike corporations They already produce a product the world needs and generate income on which to operate you simply need to know is quality and experience of management Profit margin P/CF valuation Supply Vs demand current and projected plus market cycle so as to be in at proper time Chart reading support & resistance with a cycle indicator is very helpful I read the last 9 period segments out of 60 day frames reasonably accurate. revealing curving of the normal 90 day market cycles of many stocks covers a choice of approx. north american 10,000 stocks under $20 I don't need more than that the rest I ignore. I do not care where profits come from there are good and bad companies in every sector and they all nee the same basic business principal makeup to be successful and continue. Jim Pattisson or warren Buffet know little about oil fields, carpets car manufacturers, Air lines Transportation lines making coca cola or the fishing industry. Instead they locate and invest in the expertise & ability of those who are experts & do. Based on Market cycles , valuation and
Forthcoming demand
I know nothing on how to run Teck But Don Lindsay does even if I did I would have no influence on decisions. Buy into coming demand with ideal experienced management I see both in WEF and CMMC over the next two years I can wait now in I will trade 30 to 50% on peaks and valleys WEF dividend 14 yield on a DRIP If I do not cash it in the kids will.
After more than forty years playing I still make mistakes sometimes but not nearly as much as when I started. Management is what I overlooked with Secova should have done more research. Properties are very promote-able. nothing to do now but wait for a change in approach
I'd love to hear views research or approach and strategy of others on anything they believe may be good I like learning about anything always have Investing is a full time hobby for me mind challenging Like still being in business can't learn it all and the curve never stops.
Cheers
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| From: louel | 4/15/2020 12:49:00 PM | | | | | | Put together for Western forest however, Relative to most investments in similar manner Speculation further behind It looks like a two year program prior to decent recovery. which may well have demand lessening effects on many raw resource requirements. Don't need supplies to manufacture what there is no market for.
They can say go back to work but they cannot force people to or force them to make purchases creating necessary demand. People who are uncertain and afraid do not take on long term commitments, No one actually knows when this is going to be over.
Governors of many states and premiers in Canada plus some of the regional managers in Europe have declined the option of opening the area which they are responsible for. Western Granted has some variation from the normal operating mill facilities. However here to the company is subject to the Macro conditions which will still carry a dominating effect. The only real thing which will mitigate the down holding pressure. Will be the availability of test clarifying whether or not, you and the person working next to you, or the people you are serving, or serving you are not infected or, have recovered and now safe with antibody protection so as not to transmit the virus to others.
China attempted to reopen a small sector. Resulting in some new cases being revealed on the forefront within days. The test waited upon is on the horizon potentially developed. Yet Not in hand quantity large enough to have any significant effect. allowing people back in a safe working environment.
Companies cannot reopen in profit if only Half or 70% of their workforce returns. While others who have reserve capital of their own choose not to . operating base costs are the same, production volume vastly reduced. and profit survival line destroyed ending in bankruptcies not only for the corporation itself. Also the residual businesses who depend on it. Corporations either make a profit or go out of business leaving workers totally on the breadline with no future employment to return to. is that better than a short wait projected at present under present modelling and strategies being employed ?
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This is a report on forest corporation market condition at present looking forward. what happens currently affects 3 to 6 months out sales Permitting development fore shadows supply demand at least 90 days in major builders like & similar to TOLL BROTHERS it may precede construction activity by 9 months
NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of home builders. They are asked to rate current sales of single-family homes and sales expectations for the next six months and to rate traffic of prospective buyers. Scores for responses to each component are used to calculate a seasonally adjusted overall index, where a number over 50 indicates more builders view sales conditions as good than poor.
The NAHB housing market index in the US tumbled to 30 in April 2020, the lowest since June 2012 and well below market forecasts of 55. The current single-family sub-index declined to 36 from 79 in March; the sub-index for home sales for the next six months dropped to 36 from 75; and prospective buyers also went down to 13 from 56.
Mortgage Applications in the United States is expected to be down to 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mortgage Applications in the United States to stand even lower at 0.90 in 12 months time. In the long-term, the United States MBA Mortgage Applications is projected to trend around 0.90 percent in 2021, according to our econometric models.
The advantage Western has over it's peers in it's make up is still not an advantage if housing markets are not robust. comets previously made by Dos had some very valid points. Applications to remain near .90% till 2021 corresponds with a vaccine being available ending the crises.
--------------------------------------------------------------------------------------------To me reading the above reports I copy and pasted suggest Western and other lumber manufacturers as a longer term hold. Even without other unforeseen adverse conditions presenting themselves.
Thought the info may be of some value. other statistical reports and projections like this are available on various sectors and commodities including mineral demands going forward by subscription. I like some because they are first hand not spun or edited for spin in CEO reports to benefit their corporation I have witnessed in some cases |
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| From: louel | 4/15/2020 1:31:39 PM | | | | | | Canada Grant
Iread yoour posts some times on AG And respect your open mindedness allowing yourself to consider both the positive and negative freely. It is nice to see people who view reality rather than pictures painted on hope.
Hope is like hunting rabits and only finding tracks. Tracks make pretty thin soup.
That said I do believe Shaft creek has value under proper conditions. I read the report made up on Galore Creek by some writer. The information presented was so far out of date and present cost projections it was like reading a paid Basher The tunnel has been redesigned, tailing facility errors corrected no longer water problems. lower cost to better mill location increased reserves. If you flew up over the last year Galore was a floury of activity. one of my better friends from Smithers BC transports some crews bosses and executives from airport to Bob Quin helicopter pad by vehicle . A long drive In consequent conversations he has along the way with people along the way he suggests Newmont is encouraged in proceeding much further as the potential for creating a many cycle operation does present it'self with so many resources being explored right on the border of Galore Creeks milling facility and others are 20 Km or less away easy haul distance. Shaft Creek for one Romios another Jackson is working a former Teck property almost abutting the future mill should it prove up. without permitting, road and mill building costs Shaft creek would vastly increase it's IRR actual ROI is what business is about. spent more at Galore in two years as was spent at Shaft creek in the last 8. still at least 2 years out to see any kind of confirming action I would think. Teck does not have to tie up funds to hold S/C they already have control. and ES or EE does not appear to be excited abou bucking the current trend. Elmer is getting paid and Ernesto is financially comfortable, not desperate |
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| To: Theotokos who wrote (10632) | 4/22/2020 11:22:04 AM | | From: louel | | | | From My perspective putting money in Junior exploration stocksis NOT investing but rather speculative gambling. basically giving money to someone you really do not know so they can chase an idea. Which is based on guess work. No firm grounds or guarantee it is even a good one and historical evidence reveals 90% of people who promoted similar programs in the past 100 years failed to produce a mine-able resource. Not good odds. Like giving your money to a stranger who is going to Las Vegas. tell them just pump it into a the slot of your choice. and we'll split the profits. if you do not win. you will still take your travel expenses and a wagge for going. And I agree if you loose it all I will be the one who takes the biggest portion if not all of the loss. with no recource or legal means of ever getting my money back . If you over spend or loose it all due to foolish mistakes or mis judgment in decisions made without my permission you will not be liable and continue to be paid. Should you run out of money just out notice via a fund raising Placement order you need more and I will front further funds for you to play with. All you are legally responsible for is to tell me nice stories of the best your journey and more about potential winning. if you fail to report regularly I will grumble but exept and understand you are busy and as I went into this agreement with eyes wide open as an adult you should not have to baby sit me. I also agree, If I loose all of the money I gave you it is not your fault as I could have left the partnership earlier and salvaged at least a bit. But I chose not to because you told such beautiful convincing hypothetical stories and I blindly believed them.
ON the other hand investing in my books is backed by factual successes Tack record, already known valuable hard assets regular debt and operational cost reports showing a sufficient ongoing revenue stream to cover the expenses and still have some left over to pay down outstanding debt plus pay me interest on the money I have placed in your hands in the form of a dividend. just appears to be less risk my prefferred investing style
Yes tell me what the EBITDA <Return on the investment(ROI), Earnings growth, return on equity so I can calculate how my portion is doing include market swing effects in order for me to verify for myself if you are really up to date or simply spinning a yarn trying to pull the wool over my eyes.
Junior venture stocks trading venues not in my opinion investment creteria yet stocks which meet fundamental investment qualification may still be traded. and I might add with far more predictability and safety. What you think? Caqndidates ? |
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| To: louel who wrote (10643) | 5/6/2020 3:59:05 PM | | From: CanadaGrant | | | | | Thanks for the compliment louel. When looking at CUU I tend to go with past performance before I would ever believe something out of the office as I have already been burnt on that one. Show me what you've done instead of telling me what you "expect" to do and so far the record is dismal at best. The share price says it all and the stupid stories, paid for interviews and failures to complete anything on time don't help. My fault for investing but there really isn't any point in selling when the shares are about as close to zero as you can get. I'm hoping something good might come out of this but I can say that if Elmer told me the sky was blue, I wouldn't believe him or even bother going outside for a look... |
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| To: CanadaGrant who wrote (10645) | 5/17/2020 12:22:28 AM | | From: louel | | | | I believ your correct at this point selling would eliminate any possible chance of of gain suould there be something happen to even move price. All losses have alread been incurred at this price it has been derisked. for me I only held a minisculeamount of shares 26k and it was ckutteing up my potfolio distractingattention from others more important
I have evr since back in the S/H days thought you were one of the few who held an open mind unlike some where every whisper appeared to be the golden egg. My approach is on a gold scalr you can place lump of gold but you have no idea of its valu tillcounter weights are placed om=n the opposite side. So to with mining deposits.drilling and assays may say it is fabulous however till all costs prior to market are extracted and time lines are in play and decisions ar made toward commecial production the true value remains unknown it is nothing more than a guess.
Back in th days of S/H I ws at times quite brutal to many other members including you So please accept my appology I make here to all. I like this forum to be whee on where posters may place views, ask questions and shae factual infomation on CUU and other ventures which may benefit all
Thank you for you post CG Welcome any time JUst because a person posts on another forum does not mean they cannot share here I hold no Bias Add yes from time to time I visit AG and scout for relevant info hich I may have missed |
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| From: explorationguy | 5/25/2020 10:13:25 AM | | | | | | | Drill rigs are turning at Treaty Creek, a month earlier than last year. TUD, AMK and TUO are in play. Program objectives are to extend step out mineralization and infill drilling for resource estimation. Based on last years program the first assay would be expected by late June. However you can see the metallic mineralization in core so the stocks could move as soon as they pull some core well before assay results are received. |
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| To: louel who wrote (10648) | 1/13/2021 10:12:54 AM | | From: CuuWon | | | | | Did everybody DIE on this board! Were did everyone go to, CanadaGrant Exploration Guy and my favourite Louel Louie! all gone to the Pearly Gates to be with MetaComit. Good news coming everyday BOYS |
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