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

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

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

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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I would be a little hesitant with Weatherstone as there was a pile of director sales 478-515p and no subsequent buying. Also the price has dropped back or poised around or below resistance line.



This might be useful.

Subject:
Date: Wed 13th Jan 2010 12:00:48
Region:
Market sector:
Company:


DJ ANALYST RATINGS CHANGES AS OF 1200 GMT


BROKER & NEW RATING (FROM) TARGET (PREVIOUS)
COMPANY
=========================================================
Bernstein:
Richemont Outperform(Market Perform) CHF42(CHF37.5)
=========================================================
BofA-Merrill Lynch:
Kloeckner & Co EUR24 (EUR21)
Salzgitter Underperform (Neutral) EUR67 (EUR68)
St James's Place Buy (Neutral) 316p (287p)
ThyssenKrupp EUR35 (EUR34)
Voestalpine EUR33 (EUR31)
=========================================================
Canaccord Adams:
BHP Billiton Buy (Hold) 2500p (1500p)
Rio Tinto Buy (Hold) 4200p (2700p)
=========================================================
Citigroup:
Afren 126p (120p)
UCB Buy (Hold) EUR40 (EUR21)
Weir Group 750p (620p)
=========================================================
Collins Stewart:
Amlin Hold (Sell)
BG Group 1375p (1250p)
=========================================================
Commerzbank:
HeidelbergCement EUR58 (EUR50)
Lufthansa EUR15 (EUR14)
==========================================================
Credit Suisse:
CRH EUR22 (EUR23)
Holcim CHF70 (CHF62)
Kingspan Underperform (Neutral) EUR4.00 (EUR5.40)
Lundbeck Underperform (Netural) DKK90 (DKK127)
Saint-Gobain Neutral (Outperform)
Telefonica EUR22 (EUR22.50)
Travis Perkins Outperform (Neutral) 972p (830p)
=========================================================
Exane BNP:
Daimler Neutral(Outperform) EUR39 (EUR41)
Gas Natural Underperform (Neutral)EUR13.60 (EUR14.00)
=========================================================
Goldman Sachs:
AkzoNobel EUR55 (EUR49)
ASML Buy (Neutral) EUR30 (EUR28)
BASF EUR57 (EUR51)
Bayer Neutral (Buy) EUR63 (EUR60)
DSM EUR42 (EUR38)
Galp Neutral (Sell) EUR14.80 (EUR12.30)
Geberit CHF165 (CHF150)
Infineon EUR6 (EUR4.30)
Lanxess EUR33 (EUR27)
Linde EUR100 (EUR91)
MOL Neutral (Buy)
TomTom Neutral (Buy)
Umicore EUR32 (EUR29)
=========================================================
Helvea:
Geberit CHF185 (CHF165)
=========================================================
HSBC:
Akenerji TRY22 (TRY18.50)
=========================================================
ING:
Metro EUR43 (EUR40)
=========================================================
JP Morgan:
Ahold EUR9.50 (EUR8.90)
K+S EUR41.00 (EUR34.00)
Lagardere EUR26.5 (EUR30.7)
Richemont CHF36 (CHF32)
Tesco 390p (335p)
Yara NOK300 (NOK240)
=========================================================
Morgan Stanley:
Boliden SEK88 (SEK71)
Eni Underweight EUR16.5 (EUR18)
First Quantum Overweight(Equalweight) 5670p (4403p)
Norsk Hydro NOK45 (NOK41)
Royal Dutch S Underweight(Equalweight) 2000p (1800p)
Skanska SEK130 (SEK55)
Statoil NOK185 (NOK170)
Vestas Wind Systems DKK400 (DKK450)
=========================================================
Noble:
Interserve Neutral (Negative)
=========================================================
Nomura:
Alcatel-Lucent Reduce (Neutral)
Autonomy Buy (Neutral) 1870p (1380p)
Infineon Neutral (Reduce) EUR4.10 (EUR2.80)
=========================================================
Oddo Securities:
Safran Buy (Reduce)
=========================================================
Panmure Gordon:
Debenhams 81p (92p)
=========================================================
Sal. Oppenheim:
Geberit CHF190 (CHF170p)
=========================================================
Societe Generale:
Centrica 312p (290p)
Gas Natural EUR19 (EUR17)
Metro EUR37 (EUR34)
Signet Jewelers Hold (Buy)
Telekom Austria EUR9.50 (EUR11.00)
Tesco 384p (324p)
=========================================================
UBS:
Assa Abloy Buy (Neutral) SEK160 (SEK115)
DSV Neutral (Buy) DKK105 (DKK100)
Geberit CHF180 (CHF165)
Kuehne & Nagel Neutral (Buy) CHF108 (CHF112)
Sandvik Sell (Neutral)
SCA SEK130 (SEK120)
Schneider Electric Neutral (Buy) EUR85 (EUR80)
=========================================================
WestLB:
Praktiker Neutral (Reduce)
=========================================================
The period for all target prices is unavailable, unless otherwise stated.




(END) Dow Jones Newswires
January 13, 2010 07:00 ET (12:00 GMT)
Copyright(c) 2010, Dow Jones & Company Inc.

.

Worth a look for medium term investing.

Started looking at this share on tip by Jim Slater and allows a relatively safe exposure to Brazil. Rate of growth is good.

Hoped that I might trade but soon realised that intraday trading could be wide
and that it had horrendous spikes Don't know why.

Ignoring these and using regression channels I think it tradeable and as there isn't any duty which is quite useful.


The share price bounces of the channels in general.

I hold EFT shares in them, but although the spread is small you have to be careful about intra-day wandering and I use a limit sell and buy.

Difficult to use trailing stops because of spike.

No difficulty on dumping.

I can't seem to show regression lines on these charts and used the 65 MA. to show support.

Anyway I have attempted it.

Will pop up the China charts sometime.

Going suffer being beaten by my grandson at chess for a rest!




Stock EFT IBZL

Range 5years.

Linear Line chart

Mov Average 50 and 150 (Tried log but linear better picture.)

Indicator Volma. MACD 12,26 RSI , ATR





===================================

Interesting posts Fred. Wheres do you get the Broker recos from please?.

Tend to stick to just UK shares and companies Ive fot a fair idea about.

Been looking at your post friday re- to stop losses. At the moment I actually base my margin trade sizes on stop loss I would use if I were to use one physically. My preferences is for nearest support level but if this is too far away I will go for a monetary figure which is not more than 1.5% of my total margin pool and then look to get a return of arounf 2.5 to 3 times the figure risked as profit.

Between Jan and feb last year I was using this method but found that the market was so volatile with massive spikes occuring in just minutes that I entirely dropped stop losses except for putting one in at around 25% from mid price every evening just in case of a profit warning on opening. After the open I delete them.

Position size is the most important aspect along with tactical closure I reckon when using margin trades. Open too big a position and you can find the trade running away from you unless you are prepared to take a very quick loss although I do agree that you have to let your trade breath. I use ATR (along with beta)a lot these days and detest volatility on my non intraday trades.

Sometimes I put them back on when Im away from my PC and I also use trailing stop losses when I get into a good positive run on a stock.

Read dozens of books on the subject of Trading and TA over the years but reckon this is the best one of the lot, drills into you that to preserve your capital base is VIP. Well worth reading if your into trading and TA books

Product code: 16175
ISBN: 0071381562, ISBN13: 9780071381567, 288 pages, hardback
Published by McGraw-Hill Professional, illustrated edition edition, 2003



Description of High Probability Trading
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In "High Probability Trading", Link reveals the steps he took to become a consistent, patient, and winning trader - by learning what to watch for, what to watch out for, and what to do to make each trade a high probability trade. "Why do a select few traders repeatedly make money while the masses lose? What do bad traders do that good traders avoid, and what do winning traders do that is different? Throughout this book I will detail how successful traders behave differently and consistently make money by making high probability trades and avoiding common pitfalls..." - From the preface.Within 6 months of beginning their careers full of promise and hope, most traders are literally out of money and out of trading. "High Probability Trading" reduces the likelihood that you will have to pay this "traders' tuition," by detailing a market-proven program for weathering those first few months and becoming a profitable trader from the beginning.Combining a uniquely blunt look at the realities of trading with examples, charts, and case studies detailing actual hits and misses of both short- and long-term traders, this straightforward guidebook discusses: the 10 consistent attributes of a successful trader, and how to make them work for you; strategies for controlling emotions in the heat of trading battle; technical analysis methods for identifying trends, breakouts, reversals, and more; market-tested signals for consistently improving the timing of entry and exit points; how to "trade the news" - and understand when the market has already discounted it; and learning how to get out of a bad trade before it can hurt you.
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cheers for now.

By the way I wouldnt be wanting to buy MSCI just yet Id wait while it hits the red MA have a buy limit order open with a stop loss just below the MA as the lower indicators look like they are moving in tandem with the MA and have a little further to fall.

Candles also point to further negativity. Id be looking for a hammer short term.

cheers.

sticky - do IG trade this? ..... i looked at their indices list and did not see it

Yep do on spread bets cyners........

MSCI Brazil - IBZL 18-JAN-10 3663 3673 -49 -1.31 00:23:22 3708 3640
MSCI Brazil - IBZL MAR-10 3669 3679 -49 -1.32 00:23:22 3714 3646
MSCI Brazil - IBZL JUN-10 3677 3689 -49 -1.32 00:23:22 3725 3654
MSCI Brazil - IBZL SEP-10 3686 3698 -50 -1.33 00:23:22

Must say I think Freds found a good trade set up here and if we had trend lines imposed on the top chart, like the upper and lower indicators mentioned earlier we shouldnt be far away from dipping in.

Im tempted.

Jim Slater knows his stuff aswell.

Fred does sharescope automatically impose trend lines for you on the chart like some of these powerfull but expensive Yank software offerings??????.

GF,

It is not automatic from the set up, but one of the features you can switch on an off at will or whim, leaving it as an ongoing configuration. (You can have multiple screens with different configs. You can also "draw" at will any trend line on top of the overall trend of the period you are looking at with different standard deviations.



The indicators are good and easily applied.

Not really knowledgeable about other Charting software other than online packages, but find Sharescope very user poerful and friendly.

It is also having improvements made all the time. The support teams are also very friendly and helpful.

Personally, very happy with it an wouldn't change other than to move from Sharescope plus to Sharescope pro.

Don't think I will afford the upgrade although it is very impressive, but I would be unlikely to benefit finnancialy from having it.

Hope this makes sense.

If you wish I will e-mail you some charts with some of the features I use.

The brokers recs. are pinched off Sharescope news.

They have made changes to news information downloads.

I am not sure I think the improvement has been a gain (personal way of working)

But information is stored in data base directory on drive and can be modified.

The feature I like about SC is that the fundamentals are a click away and screens set as you wish.

Also its filtering system is powerful but fairly simple to use once you "click".

Again I can send you a couple of screens by Email through MM.

Another feature is a lot of material exportable as CVS, or .txt etc files.

Agreed about IBZL, I would wait for definite reversal. But would use shares as leverage for me would be to dangerous.

Stop losses are a pain and I agree with your summary. The difficulty is being discipline and not swayed by intra-day info.

As threatened.


These charts interest me more today than yesterday. I am not actively trading FXC but the same applies to this share as IBZL if it keeps up it recent pattern, Find difficulty in drawing support and resistance lines but they are fairly obvious, whether they are inclining or horizontal. But again to be watched for a day or two and may be affected by economic news from China and how it deals with its surplus.
Back to sleep for a while.


Range 5years.

Linear Line chart

Mov Average 50 and 150 (Tried log but linear better picture.)

Indicator Volma. MACD 12,26 RSI , ATR

sticky - perhaps IG do likewise on CFDs too, but not immediately obvious .... advantage of CFDs is that they have no time element

But still can be caught by the leverage, price spike and spread at the wrong time for the punter.

Also, unless in a SIPP or other similar profit are taxable.

Yep cyners I use both.

Fred I have a Money am private message facility open so I would appreciate those examples from sharescope.

Ive looked at it many a time and wondered wether to purchase.

Much appreciated thankyou, but please dont go out of your way to get them transfered.

cheers gf.

Taylor Wimpey reporting T/S first thing (TW.)

Should be interesting.

One from Zak Mir a chap who gets a lot more right than wrong....... a good buddy over on S/Crazy... I like experian.

Three shares set to move sharply


By top chartist Zak Mir of Zaks-TA.com

Man Group (EMG)
Any fears regarding the recent performance of Man Group appear to have been relatively well founded in the sense about the hedge fund manager has not been able to hold on to its clients even in the face of massive rises for the stock market, or perhaps because of this. The current charting position is of particular interest given the way that there has been a drop towards the black 200 day moving average at GBP2.88, but not below it. This is normally regarded as a positive development -support above the 200 day line, with the message being that only an end of day close below 288p would most likely prevent any rebound to test the blue 50 day moving average at GBP3.25 as new resistance.






--------------------------------------------------------------------------------







--------------------------------------------------------------------------------


Experian (EXPN)
I do not think that I have ever read a positive broker appraisal of Experian, but have kept the faith that the credit checking company would do well even though the reason for the weakness in the shares until recently it was the way that the financial sector on which it depends had collapsed. What we see on the daily chart at the moment is a rising trend channel with its floor based level with the blue 50 day moving average now at GBP5.97. Any weakness towards this level should be regarded as a buying opportunity, with only an end of day close below it suggesting that there will not be a test of the September price channel top at GBP6.55.



Qinetiq (QQ.)
As will become evident I do not have time to write the last letter of Qinetiq in capitals, and have no time for the modern practice of fiddling around with such branding efforts. What is interesting today regarding the shares of Qinetiq is the way that there has been a gap through the black 200 day moving average at GBP1.48. An end of day close below this feature is probably a very negative sign for the shares, and would suggest that we have seen a significant trend change. But it would be worthwhile not to jump the gun in this respect, especially as an end of day close above the high of the day so far at GBP1.519 could actually suggest that a bear trap has been set in place.






Best Wishes,

Zak Mir

Check out YELL

Rising volume
recent Brokers upgrading to Buy with target of 60p

I find this thread very useful to see how others are "thinking". I would like to see it as a pemanent feature.

But as it gets bigger it might be difficult to dive in and out of.

I think that if some body adds a graph to the thread it might be useful to attempt and index.

Perhaps copying the index as one add "Your Chart".


Royal Bank of Scotland RBS P 1
Bovis BVS P1
LAND - LAND SECURITIES P1
TAYLOR WIMPEY TW. P1 and P2
Falklands Oil And Gas FOGL P1
Wetherspoons JD JDW P1
BowLeven BLVN P1

Severfeld SFR P2
Britvic BVIC P2
Imperial Tobacco IMT P2
Royal Bank of Scotland RBS P2

Invensys ISYS ISYS P3
IShares MSCI Brazil IBZL P3
EFT Xinhua 25 FXC P4
EMG MAN P4

Experian EXPN P4
Qinetiq QQ P4


So here goes.

Fred - could I suggest you use a smaller chart size 360 or 460? This should aid the load time.

I will think about but sometimes find the larger size demonstrates more useful detail.