Member Info for LEFKOSIA

Good evening panamabob from the 88e board. i have various triggers for reversals as i am essentially a swing trader. I try to keep my charts clutter free adding bollinger bands and fibonacci for added confirmations of potential trades then deleting them. Overall I get about 70 per cent success with my main ones i.e. ema3 ,8 and 54 and stochastics 12.3.3. MY main strategy for a reversal is candlestick reversal pattern at end of trend, of which there are 12 major ones 6 long ,6 bear/short followed by a price close above the T line, ema8, blue line or below respectfully. I Have also used the ema54 brown line on my charts for entry and exit. all the above can be used on all time frames , on shares,forex,indices and commodities. I use stochastics 12.3.3 overbought/sold crossovers as added confirmation of a high probability trade. safe to stay in bull trend if price closes above T line long below for a short . one caveat if price too far ahead of T line consider locking in paper profit. eg 15.08.16 http://content.screencast.com/users/LEFKOSIA/folders/Default/media/d93174ae-611b-4e14-bfdb-19ed0f1737a6/88e%2015%20aug%20chart.png 27 August 2016 http://content.screencast.com/users/LEFKOSIA/folders/Default/media/f2c45990-4950-4165-a11d-4c508211419c/88e%201%20hr%2027%20aug%20chart.png best you watch these free videos which explain far better than me https://www.youtube.com/watch?v=DAv4lj-TA4Q here is another one https://www.youtube.com/watch?v=PiYcBbhpJ3M check out my blogg last monday for other free education videos on money management, risk reward, stop loss timed at 8.21 re your query regarding slow stochastics and macd after a double bottom i have never used it as a strategy, best to back test it and demo trade it to see if it is consistent and profitable and you are comfortable with it.i would imagine that the number of trades available may be limited. i have a variety of strategies that i have practiced in my arsenal one recent one bullish engulfing candle on the weekly has been back tested and i am at present starting to consider it in my trading free education utube video below and one of my charts. do not pay for any education as there is a plethora of free education on the net, USD/CAD CHART UPDATE. Sweet bear trend over? using weekly chart and bullish engulfing suggests time to go long. webinar re weekly and bullish engulfing utube link to webinar https://www.youtube.com/watch?v=HXoE1uxObR8 USD/CAD WEEKLY CHART. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/81944822-d7db-4193-afb4-f9b9ac4716be/usd%20cad%20aug%208%2017chart.png USD/CAD 1 HOUR CHART BEFORE reversal . short trades now closed. see how good brown ema54 is for keeping in a trend. figures = time of day for major price move. glita

Good morning Harry et all. Hope you have fully recovered and you are on the mend Harry and still picking lots of winners. Have you or anyone else heard of the following? "After-Time Judges" or "Grandstand Jockeys" GLA

Good morning Monkeybusiness. Haven't tried it. Could you post a couple of charts as an example??// I think NFL may use it on his blogg UPWARD TREND or perhaps not. i think he uses ishimoto. i try to keep my charts clutter free adding bollinger bands and fibonacci for added confirmations of potential trades then deleting them. overall i get about 70 per cent success with my main ones i.e. ema3 ,8 and 54 and stochastics 12.3.3 so any additional tool that works is welcome

Good morning Monarch. Please desist from posting inaccurate info about me on the 88e board and I quote. 88EIn the meantimeToday 10:34 Lefty has lost money on BT because of the LTH's of 88e... What an entertainer! :-) Monarch The money is not lost and is the result of me 'taking my eye off the ball' the drop in price was directly related to BT going ex div, no great surprise, happens all the time to dividend paying companies. If you were an honorable person you would retract your post on the 88e board.

Good morning again AdJ. jUST seen today's shocker. FROM 1.3k profit to 1.2k loss. Taking my eye off the ball has cost me dear yesterday's close was below the T line, cue to close the trades. perhaps time to straddle? http://content.screencast.com/users/LEFKOSIA/folders/Default/media/b8770eaf-90da-4544-89ef-dfa1c456df7c/bt%20dly%20zoomed%2010.08.17chart.png GLITA

Good morning AdJshares re BT Apologies for not getting back to you sooner but been busy with a serious tax fraud case and the LTH's on the 88E chat board. Maybe I should not bother with them like you and NFL but it gets up my nose too see rampers encouraging inexperienced pi's to 'stay long and strong' in an AIM share when price is crashing. re BT my style of trading does not suit the monthly chart as its too remote from intraday and medium term trading and for placing stop losses as the range within each candle is usually too many pips. However, what I do on all time frames that I choose to trade is zoom out as far as possibly to see the wood not just the individual trees. For example see the daily chart below zoomed out to see as far back as June last year. That clearly shows price has been in a downtrend closing below the ema54, which I believe you are now considering using on your charts and in trading decisions. It has acted as resistance apart from that retracement in January and March when resistance was broken. the current reversal of trend appears to be faltering at 317, MY perceived major resistance so I'm not convinced. It maybe just a temporary retracenment in an overall bear trend. I'VE taken my eye off the ball on BT and perhaps should have cashed in my 1.3k gain. will do so if price gets back there again. Seems to confirm your comment that intrday trading on BT is difficult. perhaps a straddle bet is the answer bt daily chart snapshot taken yesterday at 22.00 http://content.screencast.com/users/LEFKOSIA/folders/Default/media/fdcfb71a-a410-4136-b120-cd4001dc53fa/BT%20AUG%209%2017%20chart.png 1 hour zoomed in snapshot taken on 4th August clearly showing 3 attempts at breaking through the 317 resistance being rebuffed http://content.screencast.com/users/LEFKOSIA/folders/88E/media/265f571d-0ddb-4248-846e-434ce213be95/BT%20AUG%204%2017chart.png glita

doze On all time frames if one zooms in one gets a better view of what is happening in the present but I take your point about losing the overall trend that's why I zoom out to get a better view, too close in one can't see the wood for the trees, but one can see other opportunities such as those engulfings to get one in and out again having closed the long trade when price closed below the T line and to get one out at 13600 instead of 13598 on the zoomed out chart where price may have bounced off the ema54 And as you have recognised in the zoomed in chart of same 10 minute time frame those long wicks on the bullish candles was an early warning that sellers were about confirmed a few candles later with that big bearish engulfing candle. tHOse wicks were not visible on the zoomed out chart. When using the 10 minute chart to trade i also change to view the 5 minute and 1 minute chart to see whats happening there.

doze. follow up usd/zar here is zoomed in view of the same 10 minute chart showing a closing of trade @13600 at ema54. closing the trade when price closed under ema 8 soon after your post was 13658. the size of a chart can make a chart look very different depending on whether it is zoomed out or in. do you have that facility on pro real time? if engulfers form part of your strategy they would have got you in and out after the close at 13658. there's quite a large spread on the ones you follow which i haven't taken into account above. i'm steering clear of them and only demo trading them for the time being before risking a live trade. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/650c320d-ba7d-4ebe-aa9f-aad464524fc7/usd%20zar%20zoom%20a%20chart.png As usual WHOLE POST IS EDUCATIONAL AND IS NOT ADVICE IN ANY WAY SHAPE OR FORM DYOR glita

good afternoon doze. price has moved on from 134770. your chart showed several attempts to break resistance @ 134770 so i would have considered locking in profit. resistance got broken and powered on but price is presently at ema54 and below 134770. if broken i would consider locking in profit. however, you don't state your trading plan nor profit target and whether you are using ema54 for exit.everyone has a different trading style. mine is never wrong to lock in profit or cut loss short. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/9a6c38f0-c222-43ae-a73d-380f1c9e530c/USD%20ZAR%20AUG%209%2017chart.png As usual WHOLE POST IS EDUCATIONAL AND IS NOT ADVICE IN ANY WAY SHAPE OR FORM DYOR glita

88e CHART UPDATE I get a lot of grief from the incumbent LTH on that board one of which claims to be 'long and strong', heard that phrase before? and who left 100k on the table when price hit 4p in 2016 and did not lock in profit. Price has since hit 4 p twice since then and retraced yet still hanging on to those golden tickets 17 months later. Would you do that? Once I can understand but another 2 times? That's another 200k left on the table. here's the weekly chart clearly showing price movement and resistance at 4p. What it also highlights is LTH and investors caught at 18p and held long and strong held their investment flat lining for 2 years before the first rise to 4p earning diddly squat when those funds could have been used elsewhere making money. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/e657f88a-b109-48af-b59b-d90e7161c42a/88e%20wkly%20aug6%2017chart.png again using today's 1 hour chart there have been several opportunities using the T line recently to be in and out making profit instead of buying and holding earning nothing. see chart below. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/4e14e0cd-52f3-419c-a4db-e4877f163476/88e%20aug%208%2017%20chart.png price has been trading sideways in the general support area of 2p so have taken a small long punt with targets 3 and 4p and tight stop loss in case next rns is a bummer. WHOLE POST IS EDUCATIONAL AND IS NOT ADVICE IN ANY WAY SHAPE OR FORM DYOR GLITA

QTR one of today's big risers. recovery play? but maybe wait a bit? DYOR MNTHY http://content.screencast.com/users/LEFKOSIA/folders/Default/media/ab980a9f-691c-4d5d-aa32-14824dee5883/QRT%20MNTH%20AUG%208chart.png WKLY http://content.screencast.com/users/LEFKOSIA/folders/Default/media/63952a08-a58e-4dac-9ff0-0ffe24dc637c/QRT%20WKLY%20AUG%208%2017chart.png DLY http://content.screencast.com/users/LEFKOSIA/folders/Default/media/1487f07c-a3f9-4566-b570-e70e904e7d5b/QRT%20DLY%20AUG8%2017chart.png 5 MINS http://content.screencast.com/users/LEFKOSIA/folders/Default/media/d4ba29c0-3000-4b0e-902e-672992e3fe6e/QTR%205%20MIN%20AUG%208%2017chart.png GLITA

USD/CAD CHART UPDATE. Sweet bear trend over? using weekly chart and bullish engulfing suggests time to go long. webinar re weekly and bullish engulfing utube link to webinar https://www.youtube.com/watch?v=HXoE1uxObR8 USD/CAD WEEKLY CHART. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/81944822-d7db-4193-afb4-f9b9ac4716be/usd%20cad%20aug%208%2017chart.png USD/CAD 1 HOUR CHART BEFORE reversal . short trades now closed. see how good brown ema54 is for keeping in a trend. figures = time of day for major price move. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/ab0e89f6-8cba-4005-93b5-f895356da785/USD%20CAD%20JLY%202717chart.png USD/CAD 1 hour chart this morning. http://content.screencast.com/users/LEFKOSIA/folders/Default/media/eac667d3-df9c-4f5a-8cb4-d99a44d20d4d/usd%20cad%20closed%20shorts%20jly%2031%2017chart.png GLITA

WSG CHART UPDATE http://content.screencast.com/users/LEFKOSIA/folders/Default/media/0abb989e-e7d3-4610-b960-c4c1f820e3ac/WSG%20AUG%207%2017chart.png GLITA

Weekly Forex Review - 7th to the 11th of August - YouTube https://www.youtube.com/watch?v=qo1oKnAc-oE GLITA

For all the newbies, who I presume are from the 88e board see link below for Stephen Bigalow's excellent video explaining the use of the Tline both 8 and 3 to fine tune entries and exits of shares using candlesticks. Lasts 1 hour and 10 minutes. Don't buy anything as there is a plethora of free education on charting on the internet. https://www.youtube.com/watch?v=DAv4lj-TA4Q here is another one https://www.youtube.com/watch?v=PiYcBbhpJ3M here are some more on support and resistance, money management, risk reward and stop loss etc. This fellow relies solely on price action and does not tolerate indicators like the T line which imo is wrong although I agree that charts should be clutter free. simple solution add them for added confirmation of a potential trade then delete them. I USE ema3, ema8 t line and ema54 and stochastics 12.3.3 on every chart. forex4noobs Forex trading is not easy. But what if you could simplify Forex, making it easier to trade, less stressful, and low maintenance? Well, in my latest webinar I show you how to do this by using my powerful price action trading strategy. This is the first webinar in a three part series, this webinar covers the basics of my strategy, in the second webinar I delve deeper into my strategy and risk management. Hope you enjoy the webinar :) Thanks, Nick https://www.forex4noobs.com/forex-blog/price-action-trading-webinar/?mpweb=1064-137-11049 FOREX4NOOBS VERY IMPORTANT PLANNING AND MANAGING A TRADE RISK REWARD STOP LOSS https://www.forex4noobs.com/forex-blog/enter-manage-trades-using-price-action/?mpweb=1064-139-11049 Third and final education video from Forex4noobs dealing with how-to-master-trading-psychology in all these education videos strategies can be used on any forex, indice, commodity , share, including AIM chart and time frame. longer time frames are more reliable. remember don't buy anything. https://www.forex4noobs.com/forex-blog/how-to-master-trading-psychology/?mpweb=1064-142-11049 Finally reality check. trading ain't easy. get educated on charting strategies money management stop loss etc. then demo trade chosen strategy, practice it, back test it and when comfortable and confident live trade low stakes and STAY DISCIPLINED. reality check trading forex i want to trade forex https://www.youtube.com/watch?v=o8b12gZHWqo tell me why you want to be a trader https://www.youtube.com/watch?v=85lpWoESHUM buy the dip very relevent to aim shares that spike https://www.youtube.com/watch?v=0akBdQa55b4 glita

88e Until evidence that oil reserves and flow is commercially viable this has to be a gambler's punt NOT an investment for widows and orphans. From past performance of share price action its not unreasonable to expect an assault on resistance at 4p from current price, which is in an area of major support, IF a good RNS arrives AND IF investor sentiment likes it. Not all good RNS's get an uplift in price.. A not so good RNS like the last one and price could plummet to 1.3p. IF next major price support of 1.25 is broken price could retrace to 1p. However not all not so good RNS's see a fall in price. So, a bit of a lottery = gamble. That is the reality. 88e CHART UPDATE Purely from a TA point of view worth a punt at 1.90 as risk reward acceptable, quite a few boxes ticked. Price wedge formed, ema3,8,and 54 converged, price in major support area around 2p waiiting for break out,rising higher lows,bearish downtrend broken twice in July, IF nearest price resistance of 2.2p is broken we could be on our way to 3 or 4p and beyond. Weekly chart below shows stochastics 12.3.3 in oversold area, confirms 4p is major resistance and neatly illustrates this share's price performance since 2014. Some ifs and buts in the TA just as Cenkman rightly pointed out the ifs and buts with the fundamentals. Marginally in profit. may have jumped the gun as I did with the gatwick gusher which subsequently rose from 1p to 11p. hoping for at least 3p maybe 4p for next rsn IF its a good one. hourly chart http://content.screencast.com/users/LEFKOSIA/folders/88E/media/104d2a83-7441-436b-887a-9e6c90c37bf3/88e%20aug%204%2017%20close%20chart.png Risk reward of punt is 2/1 which is acceptable. weekly chart 2014 to 2017 says all there is to say about 88e's price movement. http://content.screencast.com/users/LEFKOSI folders/Default/media/e657f88a-b109-48af-b59b-d90e7161c42a/88e%20wkly%20aug6%2017chart.png A/ glita

There appear to be some newbies to the thread. Please read my very first blogg so one can understand the ethos of this thread. Contrary to the LTH Fishfingers on the 88e board I get no financial gain from the thread or anywhere else, except from tip offs from followers of the thread pointing out shares to monitor. Essentially the thread is for pointing out AIM shares which may make us some money and for educational purposes posting links to FREE trading strategies. I have never paid for courses on how to trade and encourage all of you not to pay for them as there is a plethora of free education on candlestick charts and the T line and how to trade and manage trades on the internet. good luck investing trading always -GLITA.

DIS CHART UPDATE. As regulars know the bulk of my LTH in DIS is in shares bought at 0.85 before IG would let sb on it so i'm not totally adverse to LTH. Am USING sb to trade the ups and downs . just added another 1k a pip long trade http://content.screencast.com/users/LEFKOSIA/folders/Default/media/992f005d-65f8-438a-8e56-3ecbee379c54/DIS%20AUG%206%2017%20chart.png glita

AdJ WILL get round to discussing BT, got tied up on 88e board with the incumbent LTH who gang up on me. latest BT TRADES Taken at noon on Friday but I understand price closed at 314.67 so 317 resistence held and rebuffed price . 2nd chance for me to lock in 1.3k profit missed. http://content.screencast.com/users/LEFKOSIA/folders/88E/media/265f571d-0ddb-4248-846e-434ce213be95/BT%20AUG%204%2017chart.png glita

88e CHART UPDATE Marginally in profit. may have jumped the gun as I did with ukog which subsequently rose from 1p to 11p. hoping for at least 3p maybe 4p for next rsn http://content.screencast.com/users/LEFKOSIA/folders/88E/media/104d2a83-7441-436b-887a-9e6c90c37bf3/88e%20aug%204%2017%20close%20chart.png glita