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.
My summer off looking like a good decision gf. Not one spreadbet (yet) on the go. Who knows how low the indeces can go, day traders paradise but not for me :O) Roll on September. May try a few trailing limit longs next week with my favourites on a bounce, but with tight stops. Good luck mate.
Chris good stratergy. Only got a handfull myself going. Worst one being a defensive LOL............... TATE....... only a few hundred quid down. ohhhh Barclays aswel forgot them that again next to nothing down.
Just had a quick look around advfn and the number of posters I keep seeing saying that they are taking a hiding on a big folio aswel.
Madness.
Mind skinny seems to be doing well with some of his stocks.
Must admit I cant keep full concentration on the job being here on holiday, think I needed it tho as had a very heavy last 18 months , never ever again.
Nice uptrend channel developed here ready to jump on the trade at any time now.
2 upper ceilings given depending on strength of the upward momentum at the time.
Both lower indicators looking positive with blue line drawn to show a support level on them. Momentum oscillator obviously will depend on overal market conditions but its nearing the support of recent times.
cash dow is looking very perky, so just possibly there'll be a big surge tonight, even if only to take advantage of the 500+ point drop of the last 2 days