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I know..... it's a pain really with Pro Realtime. So this is what I did (a bit labour intensive - but you only have to do it once!) List every stock (pretty much!)....... http://www.moneyam.com/share-list.html This will take ages..... so get up early one Saturday or Sunday - make yourself a pot of tea or coffee, and grab a packet of biscuits / couple or rounds of toast, stick some nice music on - then start plodding through in alphabetical order! LOL! Then when you've got your data in place....... slowly and methodically tackle 10 - 20 stocks per day. Try and capture the price action within trend channels, and stick trend lines and breakout lines onto the charts. Soon enough (within a few weeks!) each stock will have some form of basic analysis running on it. For example you might have decending wedges, triangles, ascending wedges, bull flags, cup and handles etc etc Then when you got your basic set up...... you can start setting your 'alarms' to alert you of stocks Set up a separate file for 'imminent action' stocks (usually ones dropping down to lower channel lines). Plus you can flick through stocks at about a rate of 1 every 5 seconds or so...... and the minute you come across something interesting (like bullish divergence on MACD histogram, or breakout from technical pattern) you can transfer it into your 'working file' for further attention. Hope that helps Rudy!
Yeah I sure will mate. I'm glancing at it every so often...... but it all comes down to that spread at the moment! It was about this time last year that I bought it before...... maybe we'll both get lucky and get an action replay of last year eh? That would be nice!
Great minds think alike! LOL I got in about 63p.... could have ended up getting a better entry - but I'm not too worried now anyway! TBH I thought it may have pulled back to the lower trendline once more, because (funnily enough) the 28th Sept was right into the 'nose' of that triangle I drew on my chart - which would have positioned it perfectly for the breakout on results.
Basically the hatched lines represent 'internal' support and resistance areas - helps me make certain mental assessments regarding how quickly a stock is advancing to new levels compared to before.... and where support may come in on a minor retrace.... maybe to top up.... or at the upper ones to top slice.... just gives me options to work with based on historical behaviour - not set in stone by any means, I regurlarly tweak them and make adjustments as time goes on to stay fluid with the market. Might be useful for your stops as well? Just a thought. P.s. Did I ever recommend 'channel surfing' to you? If your getting into this aspect of things now, I highly recommend you get it! Good luck mate.
..... signal a breakout for PDL - I got a price target of 85p intially.... and £1 slightly longer term. http://www.screencast.com/users/Chrishowlett/folders/Jing/media/9a52f329-6873-4707-bcf1-3f14dfb74c39
Hiya mate - long time no speak! Nah, I sold out myself just before Christmas.... felt more than happy with my gain, so did the prudent thing and banked it. (which i'm glad I did now!) I'm keeping an eye on things here..... but at the moment the spread is simply too big. If I can get in on a 'sweet spot' - i.e. spread below 5% and below 45p, then Il take another stab at it! Hope your keeping well anyway mate. Best wishes- 1wjm
Hiya mate. I've had a bit of a break from posting lately. I only seem to get excited enough to post when it's an up day! LOL! Seriously though.... I started getting so intense following a bunch of AIM stock investments that I almost cracked up! I was posting left right and centre on a few stocks - and in the end get fed up of hearing my own cyber voice - lol. Decided to just chill for a bit... leave the market alone... and refresh myself. Just to let you know though - I'm still in CWR. (I did however get out of NYO.... to my detriment it would seem today!....because it broke the last supportive trend line that I had on my charts. Thats not to say it won't recover fully and go on to do very well - but it's just one that didn't conform for me at the time - so when faced with the indecision after it broke that line - I just cut it loose). Going back to CWR..... I have been in a bit of a dilema with this one as well TBH. Mainly because overall I'm still bullish on the fundamental case for this stock, and from a longer term techincal perspective - it's still VERY cheap even at these prices by historical standards. On the flip side - I'm sure you and Willcomegood, will have also been wondering about the MACD and Stochs, and looking at the trendlines.... expecting a short term pullback. Well, to be truthful I was too. But when it came to the crunch, I couldn't pull the sell trigger because the spread is usually too large to warrant it and more so than that - because I believe in the longer term opportunity here. So CWR is just forming bull flags - and this is healthy. I'm hanging in there..... but as always DYOR! Maybe i'm being greedy! LOL 1WJM
Here is your 45p! Its been about 7 months in the coming...... but you were right all the same! LOL
Hey mate, yeah I have found data inconsistencies with both over time TBH. I had what ADVFN called a 'data spike' on GKP a few weeks back.... and often note discrepancies on Pro Realtime. IG Index use the same platform as Pro Realtime as well. Starting to wonder whether I should invest some money into Metastock.... but it is a bit pricey. Anyway.... RRL starting to move a little bit. CWR up on low volume. I'm looking at EAGA over the weekend for a stab at that one next week (just to let you know), and got into NYO yesterday as well. DYOR as always dude! 1WJM
Has come back to life again! +8.2%
Yeah nice course there! Hope your having a good one matey!
I know what you mean mate. CWR spread can vary quite considerably at times. It all depends on the MM's, how much stock they got in their floats, and how they may want to influence things themselves. It can be quite off putting on times. But what I do is watch the live prices (with the spread) on Level 2 and try and pick a 'sweet spot'. I did however pay at least 5% (if I remember correctly) spread on CWR when I originally bought in, but luckily that was back @ 57p. Personally for what it's worth, I think this share has good longer term appeal. There will be ups and downs though, so as always DYOR! GL mate.
I found a really good site to add to your online educational arsenal! This one is a little treasure trove! http://thepatternsite.com/setups.html
.....highly unlikely that this will refind its range above 90p today. But still a 5% over 2 days is better than nothing!
The japanese (who invented stock candles - in the rice exchange) liken the testing tail of a candle to someone dipping their toe into water to check it's depth! We won't know until the day is up whether the candle will have such a tail. Bulls need to start fighting back pronto really. I'm still holding though....i'l tell you if I decide to get out. I want a £1!! (as I stamp my foot like a child.....LOL!)
If we get a bit a of buying to push the close of todays candle above 90p, then this current will just represent a 'testing tail' on the candle. When we were nearing the home run line - of £1 this sort of early resistance was obviously going to come into play. I'm pretty sure that there are quite a few 'watchers' out there though, dissappointed they have missed such bullish action on CWR - who may be inclined to offer some support on a any sight of a retrace.
The almost obligatory test of the new support line @ about 90p. Lets hope it brings out buyers rather than sellers....then we should hold this support.
.....buys @ 96.9 going through. Spread @ 5.2% Up 3% on the day so far........will this hit the hallowed £1 target price today!?? I think I'm with Willcomegood on this......I might not bail early @ a £1. This was a £4 share at one point. Their cash rich, got heavy weight backing in British Gas, and a product with a mass market appeal. Hmmmmm?? It all sounds pretty good to me! The fundamentals are right....... and I think we all hit a technical sweet spot! What a nice combo!
Hiya guys! Pandadan- I will be back over on Lloyds soon enough dude. At the moment, my little harem of AIM stocks are keeping me more than busy, and punching well above their weight I must add! Lloyds has has quite a considerable amount of good news and bullishness of late - I got out a bit too early over there - but not tripping over myself to get stuck back in yet. Don't know when the right time will be..... but will know when I know (if that makes sense).....a gut feeling sort of thing. Willcomegood - hiya mate. Good to speak to you again! Hope your keeping well...... Your not going to believe this.....I bought into RRL this morning as well! LOL ....Managed to get in on the 5.5% dip it had early on in the day. So made back my spread and a couple of quid really. Not heavy into it....but I might put a bit more in if it starts acting right! Fingers crossed eh? 1WJM
And some nice series of buy orders coming in. Lovely jubbly.