Member Info for LEFKOSIA

Good morning NewForestLad. Just been reading your first few bloggs on this thread.Very impressive, succinctly explained. I wish I had seen/read them before I started my thread. Too late now.However, would you have any objection if I plagiarise some of your rhetoric and reproduce it on my thread? I do not propose to switch to your Japenese system at this point as I am very happy with my candlesticks and the 3 and 8 ema but will follow your thread for shares highlighted for analysis. I will be posting a link to another webinar entitled "High Profit Trades found with Candlestick Breakout Patterns" - by Stephen Bigalow later today, about 1 and a half hours long. It goes through and illustrates some of the 12 candlesticks used to identify a possible change of trend direction.

Good evening NewForestLad There is another ema set at 3 which is also very useful at the end of a trend or at a consolidation or J hook to crystalise profits into hard cash. I will try to locate Stephen Bigalow's webinar on it and post the link. Thanks for your link which is useful. Any tool to give one an edge and save time is welcome. I have not had a chance to look at your thread but will do so as this one has now been established and introduced posters to the T line.

Chart round up FITB new low for the year nothing more to say except follow price not rampers telling you it’s time to top up. The time to buy is when candlesticks indicate a change in sentiment and price closes above the T line or if a blockbuster RNS is published that actually injects some life into this pup. UKOG I like this share. Seems to have steadied @ 1.2 MTV Just keeps falling nothing more to say except follow price not rampers telling you to top up. The time to buy is when candlesticks indicate a change in sentiment and price closes above the T line or if a blockbuster RNS is published that injects some life into this pup. CNEL I like this share but fear I missed the train. There is good support @ 2p and resistance around 4 ish. Rampers would have one believe that this share will sky rocket and they may be right. I always take some heed of this nonsense based on their own third rate evaluation of fundamental analysis. Even professionals get it wrong e.g. Tesco, Rolls Royce the list is endless. What chance do they have? Many of these third rate amateurs speak of 5, 6 even 10p. I set stop profit limits at these targets which if met get taken out automatically if hit. Price gaped up yesterday @5p but never got above it and price ended the day @ 3.7. The lucky ones have a nice tidy profit sitting in their bank account. Those that chose to hold have seen their paper profit reduced or evaporate into thin air and may even be sitting on a loss. I see some posters topped up @ 3.95. Why buy at the top or perceived resistance? 2 days ago price retreated to 3.3p. Best to turn paper profit into cash and if price goes north again buy back in. Friday’s candle is a massive bearish engulfing one. An indication that there was a lot of selling /profit taking @5p. Monday needs to be watched to see if weekend press draws attention to CNEL which is in a good bull run but has it topped? On the daily chart price has closed just below the 3 ema but above the T line for the first time since the 12 November. The 4 hour chart shows price closed below both the 3ema and the T line and the 1 hour chart shows price trading sideways between 3.35 and 4.2 since 1 December. This could indicate that price has stalled for the time being around that range as a lot of selling took place @ the 5p level. This is just observation of price movement and sentiment and should not be construed as advice. DYOR. Educate yourself with candlestick charts and the T line and make your own decisions based on YOUR interpretation of them.

Chart updates CNEL Well after a good bull run price closed below the T line on the 4 hour chart. Hopefully holders of the shares banked their paper profits and have hard cash in the bank. One can always buy back in if price moves north again. FITB New year low nothing more to say. OXS Seems to have steadied at 3.3p MTV gaped down UKOG daily chart price closed below the T line so not a buy at the moment. Using LOWER TIME CHARTS would have got one out earlier to turn paper profit into cash at bank

just another webinar link to a 1 hr talk by stephen bigalow on the T line for entry and exits with candlesticks, the graphical depiction of investor sentiment. Can be used on any share including AIM, forex, indice, on any time frame. It is not rocket science. I keep watching them to ensure I don't ever stray away onto something else or listen to all the rampers and derampers on the share boards who are imo the lowest of the low. https://www.youtube.com/watch?v=TFT0O4RsJR8

update fitbug new low for the year MTV trading sideways is this the bottom? CNEL is 4 ish the top? oxs treading water HDD some profit taking but not a lot All based on daily charts

good evening Tommytink. Interesting share. Thanks for pointing it out. This is what this thread is all about. To get in at the bottom if possible. The share was 24p earlier this year and has been in free fall down to 2p. Current price 3.20 having been up to4p today. I always look at loss first then potential profit. There was a placing @ 4 p recently and price has retreated from 4p five times since August. Risk reward ratio is not to my liking but don't let me put you off. I will however keep an eye on it and may change my mind.i'VE LOOKED at monthly, weekly and daily charts.On the 4 hr chart price retreated off 50ema. If price drifted back under 3p nearer to 2p may be worth a punt.

17.40 kemp Draw (8) Silk Horse/Recent Form Im Harry 44 146760 C2 D2 Age 6 Weight/(OR) 9-9 (69) Equipment tv Jockey/Trainer Pat Cosgrave George Baker 14/1 16/1 Win or Each Way 14/1

Good morning all. I know Harry hates all weather but see article on it below. Haven't read it yet. GL Had a 25/1 fun name winner yesterday Bella after my grand daughter Isabella. only £1 ew.

Just added HDD to watch list. Price spiked yesterday 48% I think. This AIM share is solvent with a nav and has got cash in the bank. The price roughly seems to rise from sept/oct each year and falls after Jan/feb so could be worth a 3 month punt. Profit taking today has brought price back so watching to see when to buy. Target price would seem to be in the 2.25 to 2.5 area . . Results due out this month. If price drops back to 1p could be worth a buy but watch 3 and 8 ema on lower time frames 1 hr 10 mins and 5 mins.DYOR

OXUS GOLD UPDATE. Weekly chart at present shows price retreating off the 50 ema @ 3.23.. Closing price today was 3.29. Major support at 3p. Has been in a downtrend since 20 nov with price closing below both 3 and 8 ema which under normal circumstances would not make it a buy. However, the ‘very soon’ news could break at anytime. Could lose all your investment or hit the jackpot. Fitbug and MTV both not a buy price closed below both 3 and 8 ema ukog SMALL bullish candle but closing price below yesterdays and below both 3 and 8 ema but bullish J hook could be forming . Next couple of days will be interesting CNEL Still bullish despite profit taking today. Closing price is still above the 3 and 8 ema.

knigelk. Greek islands is one of my fun names too. 22/1 and I missed it.bloody hell.

Chart updates; CNEL Daily and 4 hour looking good. price above 3EMA and T line. 1 hour looking toppy @ just under 4p and both 10min and 5 min closed under the 3ema and Tline.Could be some profit taking tomorrow as today which took price back to 3.3. FITB no change UKOG Yesterday's engulfing bearish candle and price close below the T line suggested sentiment had changed and to take profits if one had not already done so if price opened lower. Price gaped down so hopefully profit was locked in. At close of business price was 1.2250 down from yesterday's close at 1.4.Recently 1.225 has acted as support and resistance and today's close has hit the 50ema on the 4 hour chart so price could bounce back north. MTV No change still a depressed price. OXS After recent rise to 4p + in the absence of 'very soon' news price is now closing below the 3 ema and T line in a bearish trend. Major support and resistance at 3p. This share is a pure gamble and one could lose the lot.

Haven't been betting today except Harry's late info. Whenever I stay away the winners keep coming. Well done Nigel great double. Hope you had a good bet on them.

Good evening Emblaze 1 . All the above based on daily charts. Don't forget to check lower time charts eg 4 hour 1 hour 10min and 5 min charts. They could get one in and out earlier than the daily chart. I take your point about day trading but one can still use the daily chart to plan longer time trades and with today's apps one can still check price during the day, even in a full time job and with stop losses and stop profit orders in place

UKOG Another one where the train has left the station. After a very good bullish run, today saw an engulfing bearish candle, not totally unexpected as price had rushed ahead far above the T line on the daily chart INDICATING that some profit taking might occur. Price has also closed below the 3 ema. Taken together if price opens and goes lower tomorrow time to crystalise any profits into hard cash. Can always buy in again if price continues to go north again. If not sure what to do play the Tline video above again to refresh your mind and check what an engulfing candle could indicate.

CNEL chart update. This is looking good. Price closed today above the previous high and above both the 3 ema and the Tline. Fundas if one accepts the rampers view of them if good news this week could push price higher but word of caution. Is it already in the price? I don't know. Never like buying at the top. One to watch as train may have left the station. Chart shows the best time to buy was 23 November @ 1.80ish if not already invested.

MTV chart update.Sad to say still not a buy or top up. Price is still closing below both the 3 and 8 EMA and trading sideways with indecision candles at the end of a downtrend which could mean a reversal might happen. One needs a bullish candle to close above the T line before considering to buy.

FITBUG chart update. Sad to say still not a buy or top up. Price is still closing below both the 3 and 8 EMA and trading sideways with indecision candles at the end of a downtrend which could mean a reversal might happen. One needs a bullish candle to close above the T line before considering to buy. Could breakout going south but that would mean the previous support of 1.5 had been broken and we could be looking at 1p and beyond. Don't forget it was 0.38p last year but then lot of things have happened since then. A lot depends on full year results and the market's reaction to them.

Good morning NewForestLad. If you are happy with your trading style and strategy and it works for you carry on with it. This thread is for posters who do not appear to have any such thing and to open their eyes to using charts, even on AIM, instead of trading blind. However I welcome any positive comments suggestions and above all encourage all posters to draw attention to AIM shares that have spiked for whatever reason so that its chart may be reviewed to see if it is worth trading. I missed out on cnel's initial spike @ 1.5 as I was unaware of it until it was brought to my attention @ 3p but fundamentals and chart reaction make it look interesting. I posted the following yesterday 'just noticed ukog is on the move again also cnel looks like it may be a goer. However may have missed the boat on both, BUT using my T line would have pin pointed a much earlier entry when price first started to take off. Everyone who spots a potential Aim riser when price closes above the Tline can post as I don't have time to monitor all aim shares. In any event I can't post so much anymore as I came close to divorce last week because I was spending too much time posting and on the gee gees and neglecting work and trading forex which pays the bills.' I won't post again until this evening but in the meantime LSE's charting facility is poor to say the least. Moneyam's is much better but does not have the lower time frames of 1 min up to daily. I suggest everyone who does not have good charting facilities registers with IG for a spread betting account. Be warned after 2 weeks the demo platform loses all the shares. To have access to shares one needs to open a live account. One does not need to spread bet but it will give one access to a far superior charting facility and the 5 and 10 minute charts for use with the 3 exponental moving average. Will post again after 18.30 hopefully if I have shifted my accountancy work.