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/

See you in 10 days time, will pop in but getting spring cleaning etc done.

Breakout.....

gf surely you can afford a cleaning lady!?

Worth a read.


http://www.ftadviser.com/2013/05/28/investments/equities/ftse-set-to-surge-past-barrier-say-experts-cDeOGjMWJ9Z3JrSk0Z8LJP/article.html

DAILY BREAKOUT AND 26 WEEK HIGH Close Of Business 28/05/2013

PAG..... just gone long. Bullish engulfing candle on a line of support. Oscillators looking set to turn bullish aswel.

markets are really scary and unpredictable at the moment ..... just look at what has happened to the dow since yesterday morning, preferably on something like an hourly chart

get your timing and rhythm right, and you'll do very nicely .... get it wrong as i have managed to do in the last few sessions, and be glad you have a few spare shirts! ..... wasn't really that bad, but i liked the line :-)

Had a cracking day cyners Gable holdings 2 days in a row best one.

Also TRB, BRW PAY and RNK..... couple of downers but not much. Even TCG looked at one stage as if it was going positive. Changed bloke on computer in afternoon and he cocked it up.

All appear above.

My systems work a treat on market corrections.

cynic only 2 days till end of May, we are sitting and waiting.

it seems you day trade, which by and large i do not as i'm not nearly clever enough - and surprisingly, i also try to run a business, even in my dotage!

cynic we agree with your philosophy take profits while you can, otherwise why are you trading?

I dont day trade these days............... havent the patience.

Short to med term trading now.

Investing is boring unless one is being a contrarian.

gf define "short to medium term trading".

BEARISH ENGULFING CANDLES Market Close 29/05/2013

DAILY BREAKDOWNS, BEARISH Market Close 29/05/2013.

i see market forces pulling in different directions

us housing market are now picking up strongly, and that will affect industry in many areas as well as sending out encouraging signals across the world

on the other side, apart from the usual mish-mash of unrest, minor wars etc in various parts of the world, contradictory economic signals keep coming from china (i think japan is far less important)

then we have the the markets that have already enjoyed a headlong rush north and could/should be set for a sharp correction, arguably triggered by the traditional "sell in may" syndrome

i mentioned it yesterday on the FTSE thread ......
if you're a smart and alert cookie (unlike me in the last few days!) there's a lot of money to be made especially in trading Dow .... that particular index has made the apocryphal whore look positively restrained!

Morning cyners. Difficult looking at the charts both here and in the US where support is in this market with it having gone on such a sustained more or less uphill bull run.

Ultimately the DOW and SPX will lead the way.

Short term the SPX has support around the 1635 area. The Dow has support around the 15.200 mark.

The FTSE as you can see below looking at FIB retrace level 1 38% off high.... around 6580.

Moving averages arent or havent held up.

Conclusion

Flip a coin and hope it doesnt fall down a drain.

Right back to the lawn mower.

Laters.

Had another look in detail at the FTSE..... Looks to me like we may be entering a channel on the FTSE between 6600 and 6825 and could trade within for a few weeks before breaking out (after the rest) to the upside. (edited, cheers skinny)