CHART ATTACK - Longs and Shorts. (epic char)
(CHAR)
goldfinger
- 12 Jan 2010 20:42
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 can also to be included in posters analysis
UT ' Uncrossing Trade
This is used for the single uncrossing trade, detailing the total executed volume and uncrossing price as a result of a SETS auction.
What are the usual reasons/implications to bring about one of these UT trades? does anyone know please?
Stan - UT trades are brought about at the end of opening and closing auctions - but they be triggered during normal market time when the share price moves by 10%.
Thanks Skinny, just wondered as I've been watching PFC all day and noticed a big UT trade after hours today and whilst I have seen them before I hadn't really taken much notice.
I like Dils Telford Homes but as usual that massive spread puts me off. Thing is u usually find the stock jumps upwards in tranches of the spread but say go in on a new trade and suddenly just as you enter it turns down..... Aghhhhhhhhhhhhhhhhhh
APR chart looks interesting as you can see the new bullish chart pattern "THE LADEL" founded by mams legendary trader SKINNY developing. This often comes after a period of great SP downward decline and results in a rounding bottom which looks like a kitchen ladel when completed and then takes off into a bullish uptrend, please see below.......
Taken a long position here. (have a few tranches)Was on verge of a breakout (still is) and results on the 4th of September which could be rather solid. Might push it through the 52 week high.