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

My Twitter Platform, please feel free to visit me and post..http://twitter.com/#!/MickKipper

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

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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Invensys ISYS looks like we could have a good run up to trading statement next Friday the 22/1.

Sp attacked resistance at 312p and finally overcame at the fourth attempt, the resistance now turned support which looks rather bullish to me.



SP target former resistance at 350p and then 400p...........



Fundies back up..............

Broker recommendation
Date: 12 January, 2010

Broker: Goldman Sachs
Company: Invensys


Recommendation:
Lifts price target to to 427p from 310 - ratring neutral

Same Oily screener as yesterday but an early bird look at whats moving before the daily herd get in.



only 3 so far.

personally, i wouldn't touch any of those as horribly small caps and thus (almost certainly) liquidity ...... surprised you haven't posted VGM which continues headlong into the the heavens - at least for the moment

sour grapes comes to mind...

Cyners can only post what the screener brings up based on the data fields I have set ie, mkt cap between 10 and 700 million, beta 1 or less, sp gains 1 day 7 day and 1 month, sp increase of 1% on a daily basis to capture stocks getting off to a good opening to the day.

Obviously this criteria is going to throw some speculative stocks up with wide spreads, but just look at the monthly gains.

i shall resist the obvious retort(s)

Invensys ISYS looks like we could have a good run up to trading statement next Friday the 22/1.

Sp attacked resistance at 312p and finally overcame at the fourth attempt, the resistance now turned support which looks rather bullish to me.



SP target former resistance at 350p and then 400p...........



Fundies back up..............

Broker recommendation
Date: 12 January, 2010

Broker: Goldman Sachs
Company: Invensys


Recommendation:
Lifts price target to to 427p from 310 - ratring neutral

Goldy,

Interested in posting 45.

Are you using any other filters?

What I think may be interesting is thoughts (guesses) on Targets and stop losses at time of posting charts.

Also, how do you edit your main MM Graph.

Also is in possible to have title of indicators on the individual and main charts.

Notice main chart doesn't place or specify details of the moving averages and many don't use default values.

Nice thread though. Thank you.

Hi Fred,

using other filters do you mean by that screens????

Ive got one for small/medium caps in general

one for large caps,

and another for bombed out 100% losers from the credit crunch.

I did have 12 screens in total during the spring/ summer to capture early movement of stocks in differing sectors at any one time eg, land and property screener gave out some excelent candidates and made quite a few bob from them.

Caught the movers right from the open of the market but youl know you have to be carefull in that first 45 mins.

Mostly all of them set up to capture momentum in the aftermath of the credit crunch although in september I was putting a couple more together based on value and growth with forward P/Es and cash prelevant.

Problem is Digital Look have made the full screener a premium tool now Novemberish I think) and you are left with the smart screener which isnt bad but nowhere near as detailed as the full screener.

Those who had established screens like myself could keep them so thats a plus.

See what you mean about lower indicators without the title on them. Tend to use firstly volume followed by MACD (sometimes stots) and then ATC as last one so that I can see what present volatility of stock is. (not a big fan of volatility when trading short term but use it a lot when im in intraday mode)

Moving averages again not clear is it which ones im using but I always stick to EMA 25 50 and 200 here, replacing 25 with 20 over the road.

As for editing the Money am charts I take it you mean trend lines/ resistance and support lines , and comment on these and lower indictators super imposed onto the charts??????.

If Ive got time tomorrow or sunday Ill do a post showing how its done, all free by the way and where you can get an uploader.

Hope that helps Fred but get back if you have anymore queries cheers gf.

Ps, ill post the other screeners up now that I have, not sure today that theres gong to be that many stocks and I can use this to gauge the market and the sectors.

Re- to full screener, ignore what Ive said above its still free on Digital look, theyve just moved the page around and I couldnt find it. Heres the data fields you can use.......

well its the link page, not sure itl work if your not a member (which is free, just sign up)

http://www.digitallook.com/cgi-bin/dlmedia/stock_screener.cgi?screener=full&username=article&ac=208555&user_tool_option_id=&ms_scope=&save_settings_label=&action=screener&country_id=1

you'll have to give me your user name and password to see it.............i won't tell anyone else... honest. lol

Heres the other screens I use daily...

small/medium caps

today 2.5% Sp inc, 7 day inc 5%, 15p min, 10-300 mkt cap, forward P/E 1to 14



large caps

mkt cap min 301 mil, sp 250p to 1200p, todays sp gain 1, weekly gain 5, beta 1 or less, No P/Es attached. Momentum only.



Bombed out credit crunch stocks

90% bombed out with sp momentum, today 1%, weekly 4% sp min 10p.



Obviously on good days theres a lot more stocks on the lists .

GF, Thanks. I will have a closer look at the information a little later.

I have used Sharescope since it commenced and generally feel at ease with it.

They use the term filtering for screening.

To a certain degree it is what you get use to and prepared to put the work into.

In that I am relatively new to leverage betting I have to be v. careful and use while using the intra-day graphs of Sharescope, find CMC's intra-day current min prices useful.

A couple of charts I will try to post up at the weekend are 2 EFTs IbZL and FXC

I think they are trade-able as medium term? as shares as they keep to an orderly channel but are dangerous ar leverage bets (etc,) because of high intra day ATR. Their spread can also wander, but they are liquid. (So far.)


Have good day and leave a few scraps on the table.

cheers Fred.

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

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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