Member Info for Newdealz

im calling the next move up to at least £10.50, its all a bit of fun :-))

@nick, thank you nice to share a bit of knowledge, i learnt from someone on here back in 2009/10, im a beleiver in Karma ))

Hedged you are looking at wrong, its not about 'price' its about what the markets wants at anyone given time, there is a cycle on all shares which is.....
1. mm's accumulation of shares (in low channel, classic example is shock drop yesterday) > 2. mm's then start to markup the price to start the up cycle> 3.once at the top they then start to sell the shares accumulated> 4. once sold they then start the down cycle.

Rinse, repeat.

there is a reason for low volume chique, when stuck in a range low channel the mm's accumulate shares, you can see that with slightly higher lows everyday, dont be surprised for an intraday shock drop either, that will signal the next move up is coming and they are getting ready to sell...

channel+low volume + rising low end of day price = mm's accumulation

would you like a bet on that hedged?

https://ibb.co/j8KxKHQ

Double bottom, 'W', MACD rising, 20 MA about to cross 50MA, i would 'hedged' my bets its going north, be pateint everyone ))

For anyone following my technical analysis thread yesterday i posted a spreadbet i had opened on the UK350, to show how you can profit from 'gap downs' in the market, the spreadbet completed this morning and ive written in the second image where the entry (take long) and exit points where, this demonstrates how gaps are filled in the order market and might help to understand where to place a buy or sell on your chart. There is nohting wrong with taking profit as that is what we are all here for )) **but obviously not in POLY just yet**

https://ibb.co/GsB8wFQ

https://ibb.co/MBsGqNp

@Newbie its called the opening spread, mm's control the share price as there is always high volume trading striaght after the bell, those who are impatient will pay a premium price, normally when you actually quote for a trade it will narrow the spread a little, but your bhest to wait 15 -20 minutes to wait till the spread closes to a closer to mid price.

ATB ND

@Bloody yes very true, some it gives you a bit of insight though to whats happening behind the scenes, its us against the bankers at the end of the day.

Are you a reincarnation of the old 'redbaron' from back in 2010 on here LSE? i recognise your name..........

morning team POLY, will try to be a good boy and stay on topic today, hope you are all doing OK? I just had a quick look at the trades from yesterday, this one in particular

27-Apr-22 16:31:49 267.866 146,300 Sell* 282.90 256.10 391.89k O

I would bet good money that was a buy, wouldnt you?

good to wait Boyo, nice play, we all have different ways of seeing things and use different techniques and is always good to see others ways of doing things. I did put a post up today and made some effort with my explanations of thoughts, i dont have anymore cash spare for ocdo unfort but i am here with a few shares so will be popping back onto the BB at some point )) ATB ND

good finish for OCDO, yes we are negative still but the momentum is shifting now from bears to bulls, the red candle with a long wick shows buyers coming in at the bottom pushing up the body of the candle, we finished almost have way through the days range which is good considering what it was like earlier, thers a nice big 'W' shaped candle pattern showing double bottom which means its likely no chnaged trend and has bottomed out, i think we will see green tomorrow now.

ATB ND

@Big-Blue because it becomes gambling in the end and you get addicted till you get your account wiped out like i did. This time round is different though. And who said i wasnt a millionaire ;-) (jk) Even burger flippers like me can make a few quid here and there ...

@ Fair Analyst, i remember you from the financial crisis and my time on these boards back in 2009, you liked your oily plays like me, Xcite energy, Chariot Oil, RockHopper etc and the imfamous Yell disaster. Can you remember a character on here 'chiffa' aka Chris? I dont play on AIm these days for the reason just mentioned above to big-blue, its to easy to get drunk on making money.

@horult heres a spreadbet ive got running today against the UK350 and another method and example where you can see value, gaps normally get filled, UK350 had a gap down from open.
I didnt spot it till late but im going to bet the gap gets filled today. The resistance becomes support once candle has broken through, i was a bit slow and missed the first part of the move up throuigh the restistance once it was through and clear i took my position 'long' and set my 'stop' loss order beow the line of support. MA lines are in the process of fanning our with gaps between them all, this is bullish sign when pointing up, the wider the gap the stronger it is.

After youve look at so many charts you will get the hnag of it, switching time frame up and down one level as well will help you see further a ahead with more accurate degree and also help to cut out the noise of the charts.

You should always use at least one oscillator indicator for confirmation as these are leading indicators, volume and MA are lagging, its good to use both ))

https://ibb.co/GsB8wFQ

MACD shows momentum shift which i use for confirmation, where as MA on the candle chart shows the over all average price movements in a set amount of candles, MA wont show you faster moves but is more accurate so kind of gives youa look for the mid term future, where as MACD will show you what is current (the waves up and down for over bought over sold) I look for as many confirmations as possible to take a trade, the more confirmations the stronger the outcome will be in your favour.

maybe one of the posters in the htread was not on the block list, i dont belive it blocks threads only posters?

@Just-Another no we where referring to someone called 'Pete640' we are all blocked it would appear, so he cant read any of this

@big-blue, as they would say in Norfolk my home county 'there arr some rum ole bits o kit about bhoy' haha

@CWWX im on the list to that has made my day )) shame petes forum cant have many posts per day haha :-D I think some people get a kick out blocking people, its power thing you know. Cant be good living in a closed world where others opinions offend so much...

i liked your comment big-blue, nothing wrong with having a difference of opinion and it made me laugh ))

@NGC yes no chart can factor in news, this only works when its trending, but even with news you will be surprised how these psychological barriers to buying and selling remain, mainly charts trend just in the last few weeks the war which are one off events, these arent things that happen every year or ten for the matter, normality is starting to resume.

As you rightly point out if sanctions are lifted this will fly so better to be in it than out and waiting. I like to put my money where my mouth is and just today alone ive bought 13496 shares in POLY ))