Week 15 – 19 April 2019

These are the trade that I will follow during the week. I comment as an opinion and should not be taken as financial advice. If you have any doubt, read the Terms and Conditions of the site. 

AAPL in the graph on the left shows that its strength continues and this week both MACD lines are still above zero and the red MACD signal line is above blue which in my method means that the trend is still bull for the long side.

Therefore establishing that the trend is towards the purchase I must establish where I can enter the trade. In the FisuOne methodology it means to establish that the price in this case of 4 hours remains above the green line MA21, when I confirm it I enter the trade long as it happened on Monday 15 to 197.86 and where neither Tuesday nor Wednesday short down this line of MA21.

So I enter 197.86 and place a stop loss that must be at the minimum of the previous week or day, in this case that value is located at 196.04.

With this established value and with the entry price I calculate the number of shares to buy as explained in the FisuOne method so that I only risk 1% of my account and no more than that to seek to earn 2% or more in accordance to how the price moves.

In this case, AAPL reaches 203.87 on Friday when it touches the upper line of the BB, which are determined with a variation of 2%. In my particular case, I usually close all my positions on Fridays to stay in cash and the next week starts again. So I leave with 3% profit and close the operation.

This is the way I use the FisuOne method with stock like AAPL.