Member Info for Just_My_Opinions

Not throwing the toys out the pram, but I'm not posting analysis anymore. It's clear some people are arriving at their own interpretations instead of taking what I say literally. I'll just post entry and exits if I place my own trades.

Pete, Change to Hargreaves Lansdown. Job done, no more sh ite.... aye you might pay a few quid more to buy or sell a stock, but the system works, and works properly 99% of the time once you've familiarised yourself with it. HL is a FTSE 100 company too, so not a small player.

Glen = Either the 1 or 2 hour with the 8/34 EMA (not DEMA) crossover. If using the 1 hour, ignore signals generated by gap ups unless there's been a prolonged downtrend beforehand, as they can get sold off quickly. The 2 hour will filter most of the bad signals out caused by gap ups or dead cat bounces.... but give you a later entry.. Once you're long I would manually make a target and exit even before the crossover happens again, as just as it lags a little for confirmation on the entry, it does the same for the short side, meaning a good bit of the profit can be gone before it gives the exit. Months ago the 8/34 DEMA was reliable for Glen, giving early entries and good exits... but now traders are more edgy given the big run it's had so there are a lot of false starts where short term traders sell it off the second they're in unexpected profits from gap ups. Another thing to be mindful off is where the trend is on the longer term charts daily, weekly and monthly. If the weekly and monthly are negative the overall trend is down for the very big moves, so that's all the more reason to take profit at reasonable rather than greedy levels and wait on the next opportunity. You don't need to have skin in the game every single day... if that's what you want then you need to be spread betting both long and short. Or day trading long. There are 3 positions, long, short and OUT. Right now the MACD is negative on weekly and came close on the 8/34 EMA... Glen could obviously stick two fingers up to that and start rising again... but it cam very close to throwing the toys out the pram. If it decides to do that, much lower could be seen. That#s not a prediction, just an observation. Anyway here' a two hour chart... https://drive.google.com/file/d/1G6G-xvUjsgcU3YGUdjAuXm07HKh6NIno/view?usp=sharing Will look at TLW later as going out again.

fecking hell the number of typos. I'll proof read what I type for now on. Just type quickly and post haha... better to get in shortly after the trend develops on a positive crossover, than join one that's been running for a while in the hope that it continues, because a big gap down like the chart below can catch you out. I presume that was some sort of RNS that caused that. So enter, place a protective stop but give enough room to move. As it gains profit move the stop up (trailing stop) to lock in profit, that way you keep a good chunk of what you made should a rapid move against you happens. But that's not guaranteed either. Sometimes it will give a signal to go long, then the next day something nasty RNS wise comes out and stops you out lower than your stop. That doesn't happen a lot to be fair, it's rare, but you need to be aware it could. But that's trade.. there's always risks. https://drive.google.com/file/d/1AKWLqzix9npbmWwixE5kVqNxbXZXqxrB/view?usp=sharing

On the Entry on that, you could wait for a close above the 200 MA (Black line) as then the signal is more reliable, but it also gaped up and could have been sold off, so you'd be taking a risk. Hence why stops should always be used so that they stop you out of you don't react quickly enough. And this that's a good example of a big gap down catching you out. This is why it's bet to get in short after a trend has been established, rather than join one that's been running for ages... you never know when it will reverse. So the goal is not to get in on the bottom, and not to join trends late... that means having patience, even when you see others gaining. That same patience will have you staying out when it dropping and others have been impatient. Moving your stop up would have locked in a good profit on that particular trade before the majority of the drop.

There you go Pete... Have a look at that too Craig https://drive.google.com/file/d/1AKWLqzix9npbmWwixE5kVqNxbXZXqxrB/view?usp=sharing

Exactly Bottled, anyone is free to ignore, or filter me. I never say buy this or buy that. And I'm not 100% right either, nothing in trading is guaranteed, it's all about putting probability in your favor and controlling losses to a minimum.

Pete going out mate, will have a look when I get back.

QZ said: "jmo. just looking back this week, i bought into Glen on your comment the charts indicate a breakout for a while<. it never materialised" QZ also said: "My experience with your charting jmo going back 18mths has been negative for me .. think you call it Noise now." We've already established that I said the hourly was still short and that the 5 minute was not reliable. So you buying Glen was not based on a recommendation from me. But I'm puzzled... if you've had a negative experience, then why would you claim to have copied me only this week?

I'm not doing a course, I don't want to feel responsible for other people mate. I also look after my kid during the day who's low functioning Autistic... so I don't have the time to sit mentoring people mate. I just wanted to post some charts showing what I see so others can see what's happening in more detail as I often see people buying Glen at the worst possible times. That';s fine if they're investing for the longer term and don't care about the wild swings... but a lot on here have an expectation of making money fairly quickly... if that's the case they should be learning charting so they know the best times to enter and exit. But the majority of the battle is with yourself, controlling your emotions of fear and greed. Fear of missing out, Fear of losing, Greedy when you've already made a lot, only to lose most of it etc.

Also Craig, no trading strategy produces 100% winning signals. That's why money management is absolutely essential for success. Cut the losers early, let the winners run till either you're happy with the profit or a sell signal is given. Incorporating stop losses to lock in profit and prevent losses. All TA does is put probability in your favour. So don't be surprised to see a long signal give a small loss immediately, only for the next one to give a big profit.

Sorry i meant faster moving higher than slow moving on the first point. ( Time for a coffee)

Also Craig... with the crossovers you don't want to enter as soon as the slower moving ema is higher than the fast moving... if the candle for that time period hasn't close yet it can cross back below before that timeframe has closed. A lot of the time it won't and you'll see a slightly higher entry. But some times it will meaning you should not have bought at all. Always wait on the candle closing meaning the faster moving EMA has confirmed as closed above the slower moving. If it moves up a few percent set your stop loss at break even if you think it could go more. Then move it up as it goes higher locking in profit until your target is hit. If it's not hit you get stopped out either break even or with some profit But you need to study it's normal movements for the timeframe your trading so as to give it enough room to breathe. And obviously an unexpected RNS can still screw your happiness if it gaps down the next morning to lower than your stop.

And lastly, nothing I say is advice. I'm not an IFA, I'm telling anyone to buy or sell anything. All I do is post what I see.

stock could then sell off. (Posted that too quick)

I also said to ignore short term fluctuations in Easyjet the chart is still a short. It's just taking time to develop. In addition to that, the only way that changes is if their update in may Surprises, which off course throws any technical analysis out of the window. If they give a poor update, the

1. I didn't tell anyone to buy anything. In fact I said the 5 minute was no as reliable.So you've made your own decision not based on me saying it was a long. 2. I said multiple times that Glen was still saying short on the hourly chart which is more reliable. 3. I've been trading 11 years. At no point have I ever said I've been trading 20 years. But if you think I have post a screenshot or date and time of my comment to prove it. Please feel free to ignore me, I'd rather that mate. You've made your own mind up based on something I didn't even say.

I already own my parents house (in my name), and my wife half of her parents (in a Trust). That's money in the bank later on. Will more than likely sell and downsize too.. plus pensions and ISA's it all adds up.

"Jmo.what's your pension pot target ie what do you consider being an appropriate pot to retire on and at what age?" That's a hard one Billy, it assumes a good grasp of what inflation will be... I have a feeling I will be trading even when I'm 60+ if I can make money at something, why stop is how I see it. The biggest funds we have is the wife's works pension, she's got a good job and I got her to put a good chunk away every month. Whenever she's moved companies, I transferred the pension out from her employer to a sipp. If we have no mortgage, and state pensions probably �1 Million to live fairly comfortable but not extravagant... but how long's a piece of string with inflation. I happen to think that either a World War will kick of or Civil wars all over Europe by the time my wife and I are ready for retirement, or well before it. I won't go into details on that, I'll more than likely break rules speaking freely... and most will think it a bit nutty just now, but it won't be as certain demographics multiply.

Yes Qz