A thread created for the TA of charts on the LSE markets. (aim and plus included)
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RESOURCES

http://blog.tradersdaytrading.com/ http://stockcharts.com/school/doku.php?id=chart_school http://www.cantos.com/charts/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.financial-spread-betting.com/

CHART SCREENERS

http://www.iii.co.uk/spreadbetting/?type=technical http://www.barchart.com/lookup.php?field=name&search=contains&string=YELL&e=nf&type[]=2&type[]=1&type[]=5&type[]=9&type[]=10&type[]=4&type[]=CAN&type[]=LON&type[]=IND#results http://www.autochartist.com/ Nb, only free to IG Index Members. http://www.britishbulls.com/

BULLISH TRENDING CHARTS. Timeframe 3 Daily. Updates And Renewals Will Take Place On a regular basis.

MOMENTUM http://www.onlinetradingconcepts.com/TechnicalAnalysis/Momentum.html ADX http://stockcharts.com/school/doku.php?st=adx&id=chart_school:technical_indicators:average_directional_

BEARISH TRENDING CHARTS Timeframe 3 Daily. Updates And Renewals Will Take Place On A Regular Basis.

12 WEEK HIGHS Timeframe 3 Daily. Updates And Renewals Will Take Place On A Regular Basis.

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Never heard of a weekly chart??????????????????????????????????????????

Some traders swear by them.

gf :)

TSW chart starting to look very bullish.



Longer term looking to take out the support/resistance at around 93p.

I mentioned these on Monday.

Quicky one worth having a look at Renold RNO, break away gap and a lot of momentum behind it at the moment........

Was just having a look at AG Barr. Decent looking uptrend, recently corrected down to 50 day EMA.

looks like a good enty point for spirent SPT

Just been trawling through Sharescope and seem to have noticed something I hadn't realised before.

The 'Dead Cross' has historically proven to be powerful bearish indicator and I mean the 50MA crossing the 200MA whilst both are heading South (not shorter term MAs). But by definition by the time this occurs the SP is already signficantly oversold and perhaps due a bounce. I found a few stocks today and wasn't looking especially hard where a Dead Cross is evident, however the SP has recovered, burning any shorters whilst doing so. What is interesting is that the recovery is checked by the 50MA or in the vicinity of, before the SP recommences the downward path. Perhaps the secret of this indicator is wait for the recovery and then short away?

Interesting point PJH.

Can you actually screen for this occurence with sharescope. Ive never had the software but thought about purchasing it or getting a free trial first.

Your thoughts appreciated.

cheers Gf.

Interesting point PTH. I think moving averages are by definition lagging indicators so by the time you see the 50 cross under the 200 a down trend could be well under way. Also they can act as areas of support or resistance. Exponential MA's react a bit faster as they give a greater weighting to recent price action.

I've never used Sharescope but with most of the packages as long as you can can describe (in code) what conditions you are looking for you can screen for them. For example with the freebie package ProRealTime easy stuff like MA crossovers are included in the example screeners they provide. Simple custom screens - say you wanted to search for stocks where stochastic had just crossed above the 20 line AND the MACD was above the signal line - can be done with point and click. More complex stuff, e.g. screens combining multiple timeframes, would need a knowledge of the programming language (it mostly looks fairly easy).

cheers jonuk.

Can you actually screen for a LIST at the end of the day say where all MACD have passed over the signal line and are still below 0 Zero?.

Sportingbet (SBT)

Maybe worth a look.

Tipped by IC Oct 6th as a buy. Since fallen back from 81.5 p to 66.5p

Latest results were good and their problem with USA seems to have been settled.

However, there has been some fairly large sales (just after I bought) by directors.

I think this is responsible for a drop in Share price due to overhang.

Looking at charts I think (hope) it has bottomed out and is I think developing a bullish gravestone doji and is

Anyway worth keeping and eye on, or taking the plunge with a close stop at 65.18p and another at your own choice.

There is a small div.2.25%yield
BUT DYOH

Latest Results Final Interim Period End Date 31/07/10 30/04/10 Pretax Income (�m) 6.90 9.80 EPS (p) -3.9 1.9 Broker Consensus Earnings (p) FY1 31/07/11 6.59 FY2 31/07/12 7.39 FY3 31/07/13 8.09 FY4 31/07/14 8.95

GF, yes that's no problem. I just made a screener to do that quickly. Note I've limited the results below to the programs "UK300" list which is the top 300 LSE companies. If you just choose the entire LSE (which you can do) it comes up with all sorts of stuff in the results like warrants and ETF's. It would be nice if you could choose more logical lists e.g. FTSE350, FTSE Small Cap etc, but unfortunately not.

GF / Jonuk

I believe you can set SS to datamine by any criteria, problem is I don't have a clue how to do it! I just flick through charts one by one looking for interesting set ups and go from there. I have a SS datamining tuition CD somewhere, perhaps I'll get off me arse and dig it out.

Incidentally, I would imagine the same criteria would probably be relevant for the Golden Cross, however, I haven't looked.

Cheers chaps very interesting.

been trialling out software from prorealtime which looks very similar to your chart jonuk

http://www.prorealtime.com/en/

pth, I used to user Sharescope and I'm sure it was very powerful, but it was never very intuitive, so I gave up. I just ran through the charts (which was very easy) also looking for interesting setups. I'll give the free eod prorealtime a try - looks very good.

If anyone's interested I have the full set of Sharescope training CDs which I never got round to looking at properly.

SC please let us know how you go on with the eod prorealtime.

cheers.

I'm being lazy here by not checking it out myself, but does ProRealtime allow daily OHLC data export to CSV?

GF, will do. Looks pretty good as far as I can see, but I've only had 30 mins at it to date.

Hiltops, from the user manual, there is an option to export all the data, including, it appears, OHLC (althought they call it Open, High, Low and Last - as well as lots of other data including volume). I'll have a proper look later, got family staying atm so a bit busy:

How to export data
First open the list containing the datafeed to export
The ProRealTime DDE exports the data-stream related to the securities contained in the list shown
in your "List" window. You can display only one list at time and every list contains a maximum of 50
securities. Thus, a maximum of 50 securities can be exported real-time.
Then select the data kind
From the "Copy DDE Link" menu in the "ProRealTime DDE Stream" window, you can select the
kind of data that you wish to export into your DDE enabled external software.
You can choose between the default configuration, which exports Ticker, Name and Last , or the All
Items configuration that exports all the items shown in the image below:


The manual is at:

Prorealtime user manual