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Articles for: STO

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Adding Another Dimension To Your Trading

Tim Walker 20 Jul, 2009
In my last article in Trading Tutors Newsletter Issue #315 I mentioned that the lower tops on the chart of Santos (STO:ASX) since the high of 27 March might be an indication for lower prices in Crude Oil.
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Comparing Stocks and Commodities

Tim Walker 6 Jul, 2009
Anyone who has attended the Hot Commodities Summit in 2008 or 2009 would be aware of the profit potential of trading commodity futures. However, for many, particularly new traders, futures can seem inaccessible, perhaps because they require more capital, or perhaps simply because they are too confusing.
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Another Use for ABCs

Tim Walker 19 Jun, 2009

What do you think of when you see ABC Points on a chart? Very probably, you look at it as a potential trade, and then proceed to evaluate its strength or weakness. However, there is another very powerful use for ABC Points, and that is to give potential prices where moves may end and the trend may turn. As usual we will illustrate by looking at Santos (STO:ASX).

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The Story Continues

Tim Walker 5 Jun, 2009

When we last left Santos (STO:ASX) in Issue 309, it had suffered a significant sell-off in the aftermath of a 2-day trading halt due to a capital raising. The market was clearly oversold after falling 14.5% from the close of trading on 8 May to the close on 14 May. It then came back and made a first higher bottom on the 1-Day Swing Chart. I finished the analysis with the words, ‘this is yet again a time to watch this market carefully for a signal.’

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Goings On

Tim Walker 22 May, 2009

In recent articles I have been illustrating some of the difficulties that a market can present in trading, and Santos (STO:ASX) has been giving more than a few of them lately! In Issue 305 I showed a weekly chart which had the market sitting on the mid-point of the range from the June 2008 all-time high and the October 2008 low. At the time, I said that we needed to wait for a signal from the market, either that it was going to hold above the 50% level or that it was going to head lower. Chart 1 updates this earlier chart.

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What To Do When The Market Says No

Tim Walker 8 May, 2009
There is an old saying that the Stock Market spends 80% of its time working out where to go and 20% of its time getting there. The times when the market is preparing for a move are usually known as periods of 'accumulation' or 'distribution', depending on whether the coming move is to be up or down respectively. These 'beds of preparation', as they are also known, are characterised by sideways price action.
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Taking Stock

Tim Walker 24 Apr, 2009
Are we in a bear market rally or a new bull  market? What stock is best to invest or trade in? Is it going up or down from  here? In this article we are going to have a look at the current position of Santos (STO:ASX) and how  we would analyse its prospects.
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Keeping an Eye on the Time

Tim Walker 9 Apr, 2009

In my last article on Santos (STO:ASX) in Issue 300 of the Trading Tutors Newsletter, I focussed mainly on Price. To students of WD Gann and David Bowden this is commonly referred to as the First Dimension of analysis. This time I would like to include a consideration of Time, or the Second Dimension. Of the two, Time is the more important. Gann said that ‘when the Time is up the Volume of sales will increase and force prices higher or lower.’

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The Power of 50%

Tim Walker 20 Mar, 2009
This is a topic that has been covered in Trading Tutors Newsletters many times before. However, it is so important that it is worth covering again. Both WD Gann and David Bowden say that 50% of any range is the strongest resistance and support level.
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To Trade or Not to Trade

Tim Walker 21 Nov, 2008
When I first studied my Smarter Starter Pack, I thought that the way to trade was to find a market and take every ABC long and short trade.

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