Member Info for AdJshares

JLP: It's a breakout! http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=0fpuwkwv9cmii8dy1m58i0v62&type=png&purpose=share_google

JLP : does this not also show signs that it may have peaked for the mo? http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=tuaysf64buv9jl93i7r3onan2&type=png&purpose=share_google

Remsgits. Member since 9th May. What's in it?

Lek, how did the NFP saddle play go today? Things were certainly bouncing around especially with HOC and LMI at 13:30 this afternoon.

CRX - not a T line: http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=z8m7gmj8oxipup4j8vwv0o0ut&type=png&purpose=share_google

AGQ - Looks a good buying opportunity. Chart could go a bit more but lots of buys may push the ask up this arvo. Already paying full ask. Bought more.

7DIG - made money on this one last cycle and it is primed this morning back on that support line so should be good to go. Take a look

BT.a - I am trying to trade this on a monthly chart but just saw that my PRT (.com version not IG) chart does not show May on its monthly chart. Bit tricky as this is the last day of the month !

NFL - GFM, No, I was finding it too eratic and panicked. The T line is still intact but it looks like it is going to hit the 200 MA and starting to turn away from it.

BT.A: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=k3ifehybza95py8pks17j0t8c&type=png&purpose=share_google Morning star and a T line. NFL - thanks good to know. I am coming round to that way of thinking i.e. the price DID go to that level so at some time interval the candle is there.

BT.A - Morning star and a T line. However, this is BT so equally likely to do exactly the opposite. If it opens well I may hv a go but my record with this share is poor. I always think I have it sorted and does the opposite.

AGQ - finishing today on a doji and the bottom of the ascending channel. I drew the purple horizontal line this evening but the black lines are year trend lines. The PRT overlayed support and resist lines shows nothing at all on this entire chart. Would appreciate others thoughts on where you think this may find resistance. http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=b3jtpdw6spn6tmi4rbxgcbaot&type=png&purpose=share_google

SAR- nice T line formed. Has a couple of recent peaks to get past at around 0.98 but looks good.

SAR- nice T line formed. Has a couple of recent peaks to get past at around 0.98 but looks good.

One v quick addition. I know SB and other say that trend lines should only ever include the body of the candle but I have also seen charts by bonkers and other I think here on LSE that include the tail etc. The difference in the above trend and whether the SP has come back up and kissed the underside of the trendline or has not done that properly yet (if that is indeed the scenario), is whether the trend line is drawn using the body setting the trend or the tail denotes the lowest point and is equally / more important. Thanks.

I have tried to trade BT several times but have always done badly. I have realised more recently that I don't think it is my fault. It does not act in a logical manner. The shorter the time interval of the candles you use the more this is true. I believe this is because the powers that direct the share are focused further up the food chain. The minute, hourly and daily trading and algo's that function are all focused toward the weekly and monthly chart. The monthly chart shows that BT.A have not moved outside a narrow band for over 7 years : http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=vjxt9gyjw4d4xihlewp2albvs&type=png&purpose=share_google In fact, the share has not moved outside a narrower set of 4 seperate lines (or are they in fact separate? (by the way, I am not trying to be wise and a nod; wink and rye smile here. Through my lack of charting knowledge, I am unsure.)): http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=jn2lroo6sm6maspu3gwkgjbb0&type=png&purpose=share_google That's 16 years of relatively unsurprising price movements !! To me, just starting to understand charts, BT.A seems like a traders paradise. However, none of you traders and enthusiasts give it a mention. The only time I have commented on the BT bb I was either ignored or derided. So, here is the latest monthly chart in greater details which clearly shows that a) sentiment has completely changed or b) the chart gives the impression of a change but in fact will dip, after a deviation or two, continue on its merry way. Having managed to part people like me from their money en route: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=vhk3vcv5odvukaxdem44nsnf8&type=png&purpose=share_google This in itself is a nice chart in that you can bet on either track and soon be proved wrong and therefore not risk much or ‘straddle’ each way until the outcome is more clear. However, I think a more knowledgeable person looking at this chart will see something I cannot see. (having now seen the Barclays chart in my previous post which refers to a Post from Sunday 11am. Is the BT chart showing a clear set of elliot waves that I fail to see? Do you think the monthly chart shows a change of sentiment in the last 6 months or so? and the chart could be heading quickly south as it does in the barclays chart to then come back up and kiss the blue tramline. If you look at the BT monthly chart - hopefully on your own software, it seems to me that: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=waq76jrngwwoxotqpeiawf8j8&type=png&purpose=share_google A - The double kiss in Nov and Feb was the kiss and it is on its way down sharpish. B - The kiss will come somewhere along B C - It is being made to look like a similar Barclays scenario but in fact (because BT is doing rather well in a sinister market) the share continues on its relentless journey.

All, I was very interested in the Barclays article you posted Lek. Especially the 3rd chart down which I have tried to post independently but failed. Compare that third chart in your Barclays iii article above (that shows the kissing the trend line) to the current BT.A quarterly chart: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=gtma897tc1jfku4z4ejewalg4&type=png&purpose=share_google On this subject, I wanted to post some of my thoughts on BT.A so that it could be used as a basis for discussions on T line charts and candlestick charting in general. The BT chart is so constantly traded that it gives rich candlestick data down to any level. It is also a chart that for me, at the micro'er level, makes no sense at all but on a bigger time scale is very clear, apart from now. Or has it always been thus? I wanted to give a few background charts then hopefully if a few people are interested they could give their own opinions as to which way is forward. Lek, I have put the whole lot into one post so that people can read or skip as they feel. I hope you are happy for me to post this here. It is also very pertinent to the Upward Trend thread but its your Barclays chart so I thought here. Hope this is OK.

I think it stopped. I was just about to buy back in on the 1 minute chart. Look at the 1 min candles. Morning star buy signal and the T line just getting underneath. If it had got up above that 21.57 red candle I would have bought back in.

Out. £3.25. David Guetta on the headphones etc. Very instructive. I was trying to trade BT today and did really badly and I now see that I was using the wrong candle time interval. Too tight and you get continual buy and sell signals,

getting close. will quit before I am in the red