Broken shoes and broken bones

Ran out of games to play. Currently playing Rakion to burn time. I quitted playing RF Online(Praxis) when I sold my crappy elems and crappy weapon for 5k php LOL! We meet the guy in SM Manila a few days ago to do the trade. So there. I'm trying to get back on Nexus but I guess my luck in upgrading in Praxis won't follow me in Nexus. I upgraded my weapon(+3 Intense Missile launcher) from +3 to +4. Boom it went LOL. Back to square one. Also, I used up 13 mercy talics on my shoes and all 13 mercy talics failed(from +2 going to +3). Yes, I consumed all 13 mercy talics and nothing went through! LOL. In Praxis, I can upgrade stuffs with random upgrading gems and I can successfully upgrade most of my items. Darn. I just have to repay Hill with the favor he lent me when we played Omicron(the test server).

For the past 2 weeks, I've been playing Granado Espada. I played the game because the guys from Tantra forums are so eager to play. So I tried the game to see what's the fuzz. I wont say much about the game at this post. I'll try to make my own review of the game together with 2Moons and 9Dragons, both published by Acclaim internationally.

So there goes the list of reviews to do(feel na feel ah! LOL).
9Dragons
2Moons
Granado Espada
Rakion

I'm currently waiting for Perfect World to go on closed beta testing. We'll see how good the game really is as to what we see in those nasty screenshots. So there. I'll just add a "nerdy" part below because I'm too lazy to make another post. It's about momentum indicators in a stock market.

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Momentum Indicators


Moving Averages
Adding the price(of a stock) of the next day and discarding the price of day 1 and so on.
(price day 1 + day 2 + day 3 + ..... + day 10)/10
(price day 2 + day 3 + day 4 + ..... + day 11)/10

Major moving averages
65 day moving average (Quarterly)
130 day moving average (Half year)
260 day moving average (One year)

*16 and 32 day moving average are used for faster trends.


Points to Remember
Prices above MA = Uptrend (Hold position)
Prices below MA = Downtrend (Sell position on crossovers)
Buying Price should always be, as much as possible, closer to MA line on uptrends.


Moving Average Convergence Divergence (MACD)
A crossover system to justify changes in a periodic trends.
*Blue lines on charts on most cases

Points to Remember
Above Zero Line:
Prices above MACD = Uptrend (Hold position)
Prices crosses below MACD = Downtrend (Sell on crossovers)

Below Zero Line:
Price above MACD = May indicate an uptrend but wait for the line to
cross above the zero line before buying.
Anything below the zero line is considered as a downtrend

Relative Strength Indicator (RSI)
RSI indicates if a stock is on an overbought position or an oversold position.

Points to Remember
If the oscillator touches or exceeds
the overbought line = expect prices to correct(go down)
the oversold line = expect prices to go up

RSI - Divergence
A divergence is a lapse in strenght show by the RSI compared to its prices
i.e., higher high in price compared with a lower high in RSI
*Ths produces bearish connotations.

All in all:

Sell indicator(MACD) + overbought(RSI) = Sell positions(Get out!)
Overbought = prepare for a correction


Working the Plan

Using a checklist (Bull Market)
*Is there a trend? (Draw trendlines) Yes ! No X
*Check Moving averages
65-130-260 (above or below)
*Check MACD With you !
-Long or short
-Buy or sell
*Check RSI
-Overbought or oversold?
-If not, then move.

Decision Time
-If all says yes - Go!
-One says no, be wary of the undertow
-If two says no, sa NO!


Using Check list (consolidation)
Is there a trend Yes X No!
Lenghty consolidation? Yes ! No X
Stay out!
Lenghty consolidation? Yes X No !
Be watchful of support and resistance
Wait for a break out condition
Do not anticipate unless you are sure!
If there is a breakout, buy your position!


Plan the trade and trade the plan.

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Just for the record, the market is still down today but most of the market in the world is gaining resistance to the market skid down last week. The prices of the stock may go up again in a few days time. I got to position number to in the trading game because I sold all my position in the market and I didn't trade today. Most of the guys there lost more money than they have gained in the entire trading period.

And my shoes is broken!