Member Info for Newdealz

Ok ive drawn in the rising wedge, points of contact with the candles are the most important thing, the more points of contact the strong the line, so as long as we stay in this wedge and the 20ma green average crosses the yellow 50ma (coming down from top in picture) we a good for a decent spike.

These lines are areas of interest and not exact as you can see sometimes the candles dont touch them, but as a whole they are good place to put your interest to buy and sell.

https://ibb.co/hCHLHgB

NGC the price doesnt move on sanctions or news alone, its has natural flow and trend that smart money and market makers generate, how do you think they make a market to earn money?

yes i can give my trade secrets away i dont mind.))

https://ibb.co/3CvjDfQ

My chart for POLY, i have been banging on about rise coming for a few days, thats because 20ma is approaching 50ma, if you look back through charts you will see when ever there is 20ma rising up through 50ma there is a spike upwards in the share price, its approaching but the only thing i am causious about is it not dropping before we hit the 50ma, we only need a green finish to keep the momentum and as these are lagging indicators (MA mean average lines) they can change but they do so slowly which gives a good guess at what is going to happen looking ahead. Candles pattern shows we are in a rising wegde wide gap to left and tip to the right which should play out by 19th May, this isnt drawn on my chart here but its easy to see with support and resistance lines. So we havea double wammay going forwards for a price rise, 20ma cross over and rising wedge, i would hedge my bets on move upwards now wouldnt you?

You must bare in mind this without any news around, any news will disrupt the trend which at present we are trending up all be it slowly.

Its good to be a master of your own destiny and learn a litte, its worth to watch some videos online to get the basics, i also spreadbet on forex, shares and index's and my methods are largely successful, of last 5 bets ive won 3, i am still learning ))

yes we need a pull back on the close price so the candle has nice wick at the bottom, this bottoming out usually take a day or two, price mustnt close on lowest of the day thats the main thing

because i want to see what 'the majority' will be doing..... so i can do different ;-)

thank you Roxy and others for your support i was over on Ocado board and posted this, its relevant to all shares regradless what anyone tells you, you have think about the trading psychology of the smart money and mm's this will help with entry and exit points.

""OK ive taken the time to post a screen shot for all to see just so you know i am not crazy

https://ibb.co/dBbdPYv

Ile explain my logic, 3 oscillators under price action, CCI, Stoch and MACD.
On the price chart all 3 Mean Average Lines 20ma green, 50ma yellow, 200ma blue where fanned out previously, 20ma is now tightening towards the 50ma which means the trend is starting to shift from bear market to bull. When the 20ma crosses the 50ma it will spike up with new trend confirmed, the length of this trend will be determined by the 50ma and 200ma, if they started curl upwards and follow the 20ma its means the trend is getting stronger day by day.

I can tell just from the price action whats happoening but i always use confirmation of at least one oscillator (leading indicator) I use 3 depending on what type of trade im making, the strongest out of the 3 is MACD but is the slowest out of the 3.

CCI already shows price actions is moving up yet the share price is falling, this is called divergence and a very strong bull signal. CCi can give false starts but we are on the Daily chart here which one candle per day. This is one of the strongest most relaible charts to take a base of decision making off. Also notice how all 3 indicators are in the oversold position below the oversold line.

i like to place my trade usually arounf the 4-5th bar on the MACD depending other factors as price will bottom out before the MACD shows it, bottom feeding. I allow myself a few trades to geta rough average bottom price as its almost impossible to get the bottom. On the next move up i expect it to hit at least £10.00+ more like £10.50 area.

So this is my thoughts on what i am seeing, i may be wrong and if nto sure wait a few days and jump onbaord as soon as you geta green bar on the daily chart.""

ATB ND

NGC i appreciate that and made the effort first thing this morning about stocks in general, then someone else was complaining how quiet it is... i post of a few htreads but see this being the mian one, which is for those holders is why they come here to look in, same reason. If no one posts anything then what is the point? I agree about the arguing and name calling etc it should not be allowed but talking about general news such as the twitter buy is kind of relevant bfroma business POV but not when it always becomes a left v right match. Its just one of them days when there isnt a lot fresh news, infact if that means this war is coming to end ide happily take this every day.

new toy? yes only been using it for 13 years

people would not try to take the higfher line on others, no one is too good or bad for this forum, stop winging there is no news around today so people are just chatting with general news, i tried to talk about charts the other day which some might be interested in which is relevant here and got shot down within a few posts and thought why bother?

For all those whining why dont you find some news on POLY, there isnt anything new to add today so stop acting like spoilt brats and reporting posts.

pretty good actually, the bulls are starting to take over as i thought they would, you have to patient with the smart money and mm games, see my charts below

OK ive taken the time to post a screen shot for all to see just so you know i am not crazy

https://ibb.co/dBbdPYv

Ile explain my logic, 3 oscillators under price action, CCI, Stoch and MACD.
On the price chart all 3 Mean Average Lines 20ma green, 50ma yellow, 200ma blue where fanned out previously, 20ma is now tightening towards the 50ma which means the trend is starting to shift from bear market to bull. When the 20ma crosses the 50ma it will spike up with new trend confirmed, the length of this trend will be determined by the 50ma and 200ma, if they started curl upwards and follow the 20ma its means the trend is getting stronger day by day.

I can tell just from the price action whats happoening but i always use confirmation of at least one oscillator (leading indicator) I use 3 depending on what type of trade im making, the strongest out of the 3 is MACD but is the slowest out of the 3.

CCI already shows price actions is moving up yet the share price is falling, this is called divergence and a very strong bull signal. CCi can give false starts but we are on the Daily chart here which one candle per day. This is one of the strongest most relaible charts to take a base of decision making off. Also notice how all 3 indicators are in the oversold position below the oversold line.

i like to place my trade usually arounf the 4-5th bar on the MACD depending other factors as price will bottom out before the MACD shows it, bottom feeding. I allow myself a few trades to geta rough average bottom price as its almost impossible to get the bottom. On the next move up i expect it to hit at least £10.00+ more like £10.50 area.

So this is my thoughts on what i am seeing, i may be wrong and if nto sure wait a few days and jump onbaord as soon as you geta green bar on the daily chart.

ATB ND

i would say the chances of bounce back up are much better than another big drop down for sure, a pull back to 20ma will be north of £10 easily, i would say a day of two messing about collecting more shares then run it up, i think you have called bottom perfectly banker and that looks like thats what we have seen today. Would be good to see this pull back a little at close.

@buckeye a lot of it comes from the history of the Rus, they are a nation with visions of grandious and imperialism, they the worlds under acheivers with the land mass and resources they own, kleptocratic autocratic and live in the dark ages. The west quite rightly should give them their wish and send them back to it, if you want to join the party (capitalism) you have to behave in a certain way, there are rules to the party which Rus thinks do not apply to them.

My best mate lives in Moscow, he is Russian and you cannot tell them even if you could show them the evidence in black and white they believe everything they are spoon fed by the Rus elite.

These old imperialist old farts wont be around much longer, the new bread of Rus are on there way, many younger people's sub 30 do not think like this, they are rebels against the Rus Gov, ive met many of them on my travels and they are are no different to us here in the UK.

I take it you used to work in the mental health industry then? I sometimes wonder whether LSE here could do with an in house psychologist on each board haha :-D Got any free time? haha

@Pokerchips its not showing much activity on the shorting front, what i think is happening is war game between smart money mm's taking out stops collecting shares. This is classic price action of how the mm's try punish the pi's by taking out stops and setting a new lows £10 was huge psychological barrier to the pis so why not tale it past collect loads of cheap shares wait a bit then run it up selling them back at infalated prices., its happens dailying on the index's and spreadbetting world, and across the share market as well which in my opinion is this means the war end game is very near.

https://www.shorttracker.co.uk/company/GB00B3MBS747/

@boyo with all due respect you asked my to posta picture, ive already said i dont have the facility ona desktop trading platform.

As i said yesterday this was bottoming out, indicated by that last break of your channel, price action is everything. Well your actually incorrect becvause there are two types of indicators, leading and trailing, oscillators are leading and also MA can be used for this as well. Tale a look at Polymetals chart, add 20, 50, 200ma and see where the 20ma line is heading, what does that tell you? It tells me there is going to be a spike in thr price within the next week or so, dont beleive me take me to task in a weeks time. This is classic leading indicator action failing no bad news, btw i am spreadbetter as well as share investor so have to know T&A, no disrespect to you.

@Big-Blue i watched that interview with sub titles, he rambled on for an age and hardly made eye contact with Gutuires, classic face of a narcissistic liar, he is delusional and believes his own BS story, the story that changes daily and always reverts back to humanitarian aid for the Rus in Donbas and Luhkansk.

How can someone justify such carnage and invasion of a neighbours soveriegn territory over a small para military war. Putin has got what he wanted already, he is loving this he has the world beggiong out of bread basket with 110% attentiohn aimed at him, he will be feeling like the man in control of the world right now, hes an attention seeker of the highest order.

morning team POLY, was having a good look through my share portfolio and watch list yesterday, many of those shares got decimated yesterday, off the back of a small amount bad news (UK MSM) and some good news VP meeting UN secretary, i have a feeling the war end game is very near, mm's and smart money seem to be collecting shares like its going out of fashion and taking out stops for fun, for no real reason.

Buy cheap, sell high, they are taking advantage of the fear in the market right now, they are the experts at driving the fear of god into pi's to panic sell and tantilise you with greedy uptrend prices. Its just my opinion through looking at how some of these shares price actions are behaving, and its across the whole market.

We have plenty of good news to come in the following weeks \ months, green finish for me again today even by a few pence, shares that have big recovery paths like this have to continually make ground to rise, slowly but surely.

ND

@boyo thankyou, well youve only added one, you need to 20ma, 50ma and 200ma these are the most common mean average lines pro traders use. I think there is some confusion over terminology here, you are talking abour reversal i talking about bounce, as it in dead cat bounce.

OCDO always touches or breaks 20ma sometimes touches 50ma, if you add them its quite easy to see and hence where you will see my £11 comment came from.

Up first thing here, i feel a turn around on the cards today

GLA

US Nasdaq has dropped %4 today, looks like another buying op for tomorrow morning but im going with another green finish, even if its just a few pence i would rather slow steady progression than massive highs a lows.

@redmoor, the Rus interest rate was at 20% but its now dropped a bit.

btw its not that i cant do it, i cant be bothered to do it because my charting platform does not have this feature which means i have to fanny about for two hours just to prove a point to someone who cant be ar*d to show what i said on his charts. If its that easy why dont you just add the MA lines and repost it?