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Ztrader – Moving Average (1) 港股博弈

http://clcheung.wordpress.com/2013/10/15/ztrader-moving-average-1/

The Guppy Multiple Moving Average (GMMA), using two groups of EMA lines to help visually identify the trend and trading opportunities:

 

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The green lines are groups of shorter period EMA lines, and the red lines are groups of longer period EMA lines. When the stock is on a clear uptrend (or downtrend), these lines will be aligned in order and go in parallel. When the trend changes or the stock price consolidates, these lines will be merged or crossed.

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It looks nice. However, GMMA itself does not give extra information more than a group of EMA lines. It is also not useful for setting up automatic trading rules. It is only a nice visual tool to help making trading decisions. e.g. jump on a strong stock when the GMMA lines merged at price consolidation, ride on a stock when GMMA lines aligned and goes parallel.

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Ztrader – Moving Average (2) 港股博弈

http://clcheung.wordpress.com/2013/10/17/ztrader-moving-average-2/

While Moving Average is a very good tool, it suffers when market situation changes. If the price is changed rapidly with a lot of noises, the MA may generate wrong trading signals.

Many adaptive methods had been created, it tried to vary the length of the moving average to better cope with the market situation. Kaufman’s moving average, KAMA, is based on the concept that a noisy market requires a slower trend than one with less noise.

Look at this stock with 10day SMA:

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20 day SMA:

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30 day SMA:

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50 day SMA

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KAMA:

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KAMA seems able to follow the trend closely but less affected by the minor noises. It seems as smooth as a 50 day SMA at the same time follow the major price trend more timely.

It needs more verification on actual trading performance. It looks better than it performs, from my observations.

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Get Everybody Moving!…(and No More Bluffing!) 朱泙漫屠龍記

http://johnchrysostom.blogspot.hk/2014/02/get-everybody-movingand-no-more-bluffing.html

除了張敬軒和謝安琪外,G.E.M.是近十年來少有令筆者重拾上世紀九十年代香港樂壇那一種失落了多年震撼感覺的巨星。吊詭的是,G.E.M.是在上海音樂世家移民香港的強國蝗蟲。在香港這個經濟、政治(不管販民還是左仔)、藝術演藝界、RoyalTHK甚至連屎坑也被老屎忽霸住的困局,G.E.M.這個除了日本的MISIA外是少有的亞洲巨肺天后靠「食力」在強國一炮而紅。也許是藝高人膽大,2014年1月G.E.M.確認參加中國大陸湖南衛視《我是歌手》第二季歌唱節目。憑着一首她曾在X.X.X. Live演唱會改編的《你把我灌醉》,在強國觀眾一人一票的選擇下G.E.M.打敗其他華語歌手成為冠軍。
根據中國保險監督管理委員會的『2013年保險統計數據報告』,原保險保費收入人民幣17,222.24億元,同比增長11.2%;產險公司原保險保費收入人民幣6,481.16億元,同比增長17.2%(其中交強險原保險保費收入人民幣1,258.86億元,同比增長12.99%);壽險公司原保險保費收入人民幣10,740.93億元,同比增長7.86%。至於賠款和給付支出總額人民幣6,212.9億元,同比增長31.73%;其中產險業務賠款人民幣3,439.14億元,同比增長22.11%;壽險業務給付人民幣2,253.13億元,同比增長49.71%。產險公司原保險保費收入増加比壽險優勝,但兩者的賠款和給付支出近年開始大過收入,令中國保險業務蒙上陰影。

資金運用餘額為人民幣76,873.41億元,較年初增長12.15%;銀行存款人民幣22,640.98億元,佔比29.45%;債券人民幣33,375.42億元,佔比43.42%;股票和證券投資基金人民幣7,864.82億元,佔比10.23%;其他投資人民幣12,992.19億元,佔比16.9%。而業界總資產人民幣82,886.95億元,較年初增長12.7%;淨資產人民幣8,474.65億元,較年初增長7%。投資取向以定息為主,非常穩健,但投入資本市場資金既少,A股疲不能興,中國保險業利用投資收益補貼賠款和給付支出的如意算盤恐怕不能打響。
據G.E.M.自己憶述在四歲時已經接受艱苦的音樂訓練,年紀輕輕已經能夠打低其他走音港燦姐仔一炮而紅。也許G.E.M.始終是「新」移民,廣東話咬字並非完美,因此亦被一些港燦糞青評為大陸妹。但G.E.M.的的強項除了其天賦強肺,自幼所接受的嚴謹音樂訓練外,這名上海妹字正腔圓食正出口轉內銷的強國市場。其未來成就也許會比永遠25歳的譚伯伯高。

台上一刻功,台下十年功。機會是留給有實力的人,而非閉門造車游手好閒之輩!
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