I often find all manner of reference to Technical Analysis whilst reading threads, questioning certain elements, asking for advice on indicators and also requesting advice on a stock and whether it's a good time to buy, sell, hold or remain indifferent. I am the first to admit that my own TA is still in its infancy, but I do spend time on expanding my knowledge (hopefully in the right direction!).

Rather than having to ask a TA question on a particular thread, perhaps this thread could be used as a forum for TA queries and become a knowledge base. Just a thought, if there is little or no interest, the thread will sink without trace and that will be the end of that. I will personally add a few snippets to help those with less knowledge (if that's possible) to keep things rolling. There is a danger that the thread will receive countless requests for opinions on a variety of stocks and there is only so much I can do alone, therefore I would more than welcome input from other posters, no matter how rudimentary they believe their own knowledge to be, hopefully some real experts will take the time to contribute.

may be too late by opening time ..... FTSE indicator is already showing +70, so unless already long ......

theres always the pullback and gap fill to get in on

no point buying the open

Id rather wait for the horse to bolt instead of anticipating

I think this is my fave candidate, if it can show some strength above todays close without dropping below it I could be in for x per point

UK I would say RB.

Hope this isn't a stupid question but how would I recognise a potential reversal bar.

look in your rear-view mirror!

come on Richard, that was a stupid answer...lol

in a frivolous and frisky mood after last night's continuing good fortune

lol

can you post your entries at the time, or do you only post the "profits" after the event ? ;-)

so you really want to get on board when i venture into the shark-infested waters of indices? ...... certainly don't keep it secret, but of course it will still be after i have done the deed.

if you mean when buying standard stocks, then usually do - e.g. have just bought RSA this morning as posted on relevant thread

why after the deed?.. your obviously online making the trade, just quickly post here "gone long dow at 13XXX", it will take you 2 seconds. It will also help people like maggie see its not as easy as you make out to make money from index trading.

Or do you only post to boast like below.. 2 hours after the event.


cynic - 06 Aug 2007 20:50 - 359 of 372
having got home about 18:30 i took the plunge ...... the record will show the result as i am far too modest!

before we get into another spat , what about your live trades?

question is why dont people only worry about their own affairs???
if your making money, what does it matter what other people do?
I'm not afraid to admit, i am losing thousands...lol
In fact judging by my track record, i should give up... but i consider i am learning by being in the market and in this case i give credit to Mr.C , by highlighting shares can go down as well as up...
Actually my view is shares can go up as well as down.... my glass is now more than half empty.

I dont post any exits so Ill not post any entries.

Im here to talk technical analysis, this isnt a trading thread is it?

I just think its dangerous to lurkers to be fooled into thinking they can make easy money from index trading picking the bottoms like cynic has. Im sure he will agree its not as easy as that.

i have no probs posting when i buy or sell or make good decisions or owning up to bad ...... with regard to Dow last night, i posted well before the open that it thought a bounce could be on the cards ..... if you really are that desperate for me to prove that i trade when i say i do (i have never been other than truthful as it happens) then will endeavour to copy and paste from my investor statements ...... are you that desperate? ..... if so, just say the word

do i think it's easy? ..... of course it's not, though probably more so in very volatile markets ...... as i have already said 2/3 times, i have been very lucky in guessing right for the last 2/3/4 days on Dow but have also posted that hubris can quickly sandbag if great care is not taken

DEAL Closing trades 06-AUG-07 GC7QVB Wall Street Cash Undated 13289.00 +3.00 13434.00 $4,350.00 ...... timing was actually 19:08 in and 21:00 out ..... happy now!?

i have no wish to start another handbag episode, but if you wish to doubt my word, be very very careful if you do it on open BB ...... or send me an e-mail

Cynic, could you have a word with my shares please, and explain to them the market is actually going UP this morning...
thanks...
Ted

LOL its a bb I can say what I want.