Member Info for AdJshares

I much prefer looking at prorealtime charts than the ADVFN format. If indeed, this works and I do not inadvertently share my details; bank details and favourite food, then I could ask others to help me fine tune my budding chart skills (I realise this is not the purpose of the thread, but two birds and all that. e.g. I saw you flagging RIO as interesting. I also like this RIO chart but would not buy in until it passes that 2065 other descending wedge line. Any thoughts? http://rt7.t.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=issi27m6wi71gw5pno6cu08pi&type=png&purpose=share_google

LEFKOSIA, this is really to see if I can post prorealtime charts without showing my personal details: http://rt7.t.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=xfr71rnt8pwt4r1gxg6eim9sm&type=png&purpose=share_google

LEF, was in and out of ZOX briefly today. Got the bottom on the nail but screwed up towards the end of the day mainly because the chart was not making any sense to me. hey ho. Rockhopper (RKH) seems to have come up to the ema8; on it at the ema5 and over it on the ema3. Not sure which one I should be using? Also candle today completely consumed yesterdays candle in an upward motion. However, on the larger time frame charts, it is in a massive wedge coming to a head at 24.5p. It should have a good drill result in early mid January so would be interested on your views. Thanks

LEF, looks like ZOX could have massive upside. Look at the monthly chart. According to that 2.72 by end of biz tomorrow. However, it is all a bit of a house of cards. All speculation on funding and fulfilling commitments etc. Will watch with interest.

LEF, So I got into PMO this arvo as soon as it broke the 45p line (@45.13). I see this evening that it is sitting right on the ema 8 line and has broken the ema 5 line. This is the second blue day in a row. It has also broken the 3 month descending wedge. The turnaround at 41'ish p was exactly 100% fibonacci retracement from the top of that 3 month downturn So I am taking this as the perfect storm

LEFKOSIA, Thanks for your posts. The candle today nearly consumed the entire previous candle. Getting close?

lefkosia, Thanks for your reply. you are right about the Doji on the fibs. Each time the price went lower and therefore not a buying signal. Had a look at the SB's website. Will look more. Thanks

Just doing some more looking. Looking at the descending channel on PMO since 26th November, I found it interesting that there was a doji at the 61.8% (65.3p) Fibonacci retracements and another distinct one at the 23.6% line (@49.611p). Where people said it had turned i.e. last thing Friday the candlestick was not a doji but very close. So that could point to 39.918p (0.0%)as the final turning point. Just some thoughts.

Good day, Having a look at your GC. Very interesting but I need more time to sit and read. I did use the EMA 8 to have a look at a graph where alot of people think is going to bounce on Monday - PMO. By using the formula you prescribe, the SP is very much below the line. I really wanted to know how soon does this technique react? If the trader really only in an out for 5%'ish on a high volume share (and one that is being manipulated heavily such as PMO) is this the technique to help show an entry price. Many thanks in advance.