A thread created for the TA of charts on the LSE markets. (aim and plus included)
Beginners and advanced wellcome. Long or short, just post your views and lets
have some positive discussion. FIRE AWAY.

NB, UK indicies and sector charts plus FX can also to be included in posters analysis.

Money am instructions for posting a chart..http://www.moneyam.com/help/?page=charts

Kipper System 1 http://t.co/heOgs9b

nb, you may have to log in to get access to some of the links here below. Every one is free.


DAILY MORNING CHARLES STANLEY Traders Bulletin

http://www.charles-stanley.co.uk/traders-bulletin

Central Research Morning Report,

http://t.co/BTw64ZxW5e


RESOURCES

http://blog.tradersdaytrading.com/

http://stockcharts.com/school/doku.php?id=chart_school

http://www.cantos.com/masterclass

http://www.onlinetradingconcepts.com/TechnicalAnalysis/ZigZag.html

http://bigcharts.marketwatch.com/http://www.stockmarket-coach.com/index.html

http://www.trade2win.com/knowledge/equities/

http://www.babypips.com/school


CHART SCREENERS

http://www.iii.co.uk/spreadbetting/type=technical

http://www.barchart.com

http://www.autochartist.com/

http://www.britishbulls.com/

One stock testing resistance........VED



and one stock testing support.......BOK



This more or less sums up the market at present........directionless, up one day down the other with high volatility..............VERY FRUSTRATING.

My system churned out over 40 stocks sitting on support at the close today whilst it churned out 10 stocks trying to blast through resistance. I suppose this places the odds on the market falling especially after the US market down day today, then again the markets have been very resiliant.

Add to this the number of stocks stuck in tight trading ranges eg, HSP, RMG, and we seem to have a market awaiting some kind of stimulus to decide the new direction we should be taking as traders.

As my chum up on the talk thread Alders says, sometimes it pays not to trade in the market in other words watch and see...............and i think Ill do just that for a while and get the gardens mowed.

A look at the US charts are we going to hit support anytime now???

DOW



S@P



NASDAQ

I WOULDNT HOLD YOUR BREATH.

2 to think about.


SGP right on a line of support and as bounced............


ive gone long again.

VED looking to take out resistance .............

SGP chart all going to plan. Nice bounce on the go.

Chart above.

Had a look at hundeds of charts today, well seemed hundreds and nothing and I mean nothing new stood out.

All the FTSE 350 charts looked trashed. .............what a mess. Looks like a bombs hit them.

Just BVIC, ITE, and SPD looked fair. HFD and AHT just warant a sparse mention.

Long on BVIC from the off, looks like it found a line of support at 680p. Target last top on the chart and then beyond.

Recovering in a broad upward trend channel ESNT reports on the 29th 0f April. We should hopefully have good results and a gradual recovery over 6 weeks to 2 months to reach the former recent top at 920p ish.

THOMAS COOK (TCG)
topped up the other day on break through 200 mdma, so nice little profit already in hand .... more interestingly is that dma has already gone back up through 50 dma and is now challenging s5 dma ..... through that, and share could once more be on a roll (without pickle!)

If you do a line chart on the verge of a breakup. Id wait for confirmation before buying but things look good on the volume side.

Both on the verge of a breakup but worh waiting for end of day confirmation.......



And

Gone long on DOM, looks to be a trading opportunity here.

Interesting situation building up at TATE. Look at that GAP that needs to be filled to 760p congestion area on chart.

Deutsche Bank have a 900p SP target!!!!!!

Which one? :-)

The first one first. Dont be greedy skinny.

Gone long anyway, just now.

Should suit market conditions being a defensive especially with the Ruskys not backing off.

COPIED FROM WMH thread.

Very Serious Chris. Just because we have a Jack The Lad relationship on soccer (sometimes politics) doesnt mean I dont respect you.

Beleve me I certainly do as with most on this board. And true I do burn hot and cold but hold no malicious grudge against you.

It would be very interesting if you could explain your brand of TA especially the layover indicators and why you have gone in for a certain Trade at any time.

You dont have to put down just your buys either.

If you have your eye on a juicy stock let the thread know and explain your keeping a watch on its activity.

Would be great to see you posting your ideas and buys on that thread.

cheers gf.

(copied to chart thread)

Looks like TATE(chart above) is on a mission to go through that first Gap in a hurry.

Defensive market conditions may just help this.

Cant see Ruskys leaving in a hurry.

Chris Carson - 26 Apr 2014 01:55 - 342 of 342 edit this post

LUCK GF, pure and simple :O) Trust me I am no chartist, to lazy to learn Fibonaci (thought it was Italian for lying) or pitchforks and all the rest of the gobldy gook. Maybe I should. I just try and keep it simple, stick to a few stocks that I have traded in the past.

You gave me the tools a few years ago, if you remember. They are all on the your Chart Thread, the indicators I use are no different to the ones you use. Volume, RSI, MACD, Slow Stoch (I haven't got a clue what Slow Stoch means, but if it's pointing up like the rest of them, it does for me :O)

25, 50, 200 day moving averages and lastly SAR cause it looks pretty.

Once all those above are pointing up from an oversold position I enter the trade, usually a spread bet, once the trade is ten pips in profit move stop to entry for a risk free trade. If trade goes against me ten pips get out quick.

To find trades I look one month maybe two ahead, look for stocks reporting interim, full results or going ex-dividend. Look at 5 year, 1 year and last six months chart for history and direction.

So GF no mystery, I am not a serious trader like yourself, I just dabble as a hobby.

here's an interesting one for you ......



not sure why today's dive, though this index is certainly a bit lively, but if the 200 dma is hit, then perhaps buy for the rebound