Member Info for SadAct

Feel bad about buying IAL this morning after saying I thought they were too risky!
I think CCL are going above 1200, Dow futures are good but I will be watching US CCL future price closely.
I am currently negotiating "goodwill" payment with IG for their outage the other day. I have turned down their first offer. Their platform gave me trouble again yesterday and arguably cost me money.
Think I rushed too quickly into buying MCRO, hope you got a good price.

Bought MCRO at 439

Looks like I could be buying back MCRO soon

T: I did my reckless trick again and bought into fast rising shares, so I bought CCL at 1154 (too high, too reckless), CINE at 72.5 and IAG at 240.

T : yes it will be a mini holiday as "our" beach has no mobile reception.

Just sold MCRO at 460

Morning all.
L will correct me if I am wrong but T line just stands for Target line. It is whatever you want it to be, Mr Bigalow suggest using ema (exponential moving average) 8. The 8 being the number of time periods. If you use a number less than 8, say 6, you find the T line often being hit/crossed by the current share price candlestick too often which would indicate too early a buy/sell. A larger number moves the T line further away from the share price action (during times of stable up and down trends) and may not indicate a buy/sell often enough.
It depends on whether you are day or trend trading, or indeed half way in between. An "error" I used to make was to use too short a period, say 2 min, with ema 8 as the Target line then to follow it verbatim. I did a lot of trades that day as slight perturbances would cause a T line indication. I mostly use 10 min period now.crossing the T line. I personally usually decide to act, i.e. trade when more than half of the solid central body of the candlestick crosses the T line.
This will not get you the max or min price as that must, by definition, have already happened for the indication to occur. Hence it is more suited to trend trading.
Good luck all for today. We are going to the coast because Boris says it's safe but we go to a deserted beach

m: As T would say, tomorrow is another day. I think V? would say this is a learning occurance. As I would say, Doh, it's a bugger when it all gets away from you first thing. I could say that one could try to already have the right shares in place the day before. Easy thing to say after the event. Myself, I was scared to hold too much stock over the 3 day weekend but I had some shares in most of my favourites (noteably not ASC as I had sold them on friday afternoon...Doh!).
Again, I was lucky, I mentioned before that I was very scared to be holding IAG but a 22% gain on the day was outstanding and definately not expected by me. 3 shares I actually bought against indicators while they were rising quickly...usually a receipe for disaster (CINE, more IAG and CCL , oh and MCRO). but the buys were smaller tranches than my usual as a sort of safety measure.

R: Vox markets for RNSs, thanks that's great. When I am expecting an RNS, I sometimes look on a particular Bulletin board chat as, even if LSE hasn't red dot flagged the RNS, the chatterers tend to shout about it but of course this only works for busy boards. Getting alerts would suit me fine.
I could not work without live charts so I hope you get those issues sorted out.

My tip of the day is...if you are using a jigsaw, treat yourself to a new blade occaisionally. I cannot believe I have struggled with a blunt, bentish imitation of a blade for so long. I have spent some profit though, £4.19 for 5 genuine Bosche wood cutting blades.....and no, I promise I am not ramping Bosche!

C and R: I assume you get live charts with HL if you trade through them. You might have to switch it on. T will know, he uses HL I think. I get live charts with IG but they are having a few issues at the moment. You might get the live charts of IG by opening a trial (free) account.
Where are you getting your live RNS info from..are you using the LondonStockExchange site?
Glad you are able to get some advantage out of T line, that's great. L will be delighted, as am I.

V You really seem to be getting the hang of all this, I only just beat your in/out of OCDO, mine was 2045/2110.
Have you chosen the colour of your Tesla yet? You are doing well. I am a bit scared that my current run of luck is going to run out.

T. I am using a combination of your system/expected range/Stochastic/T line ema8 and knowledge of what other brigadiers are doing (actually quite helpful). Did I forget to mention luck again? Missed a chance to make my daily profit on PLUS but need some stock for tomorrow! Well past twice my weekly target so quite relaxed.

I have just sold OCDO and IAG

Yes I am back, had to go out for new jigsaw blades then one thing led to another. Sold FEVR while I was out and bought back into MCRO (but maybe too high at 444.4 but I liked the symmetry of the price). No, I missed the rise in PLUS..it happened so soon after I bought that I wasn't ready for it! They usually end on a bit of a high so might sell them yet. I too am waiting to sell OCDO, preferably above 2110 but somehow doubt it.

Bought PLUS at 1293, hopefully for my daily (small) profit on them.
IG platform giving trouble again, charts freezing and positions not registering. Doh, feel another complaint coming on.

Me too on OCDO, bought at 2045.
Sold CCL at 1101 bought at 1084 earlier. Bad price, rushing to go out.

T: You were right about TUI, they are up 33% now, would have liked to have been in there (no stampy too).
oops alert CCL getting frisky!

DART 4.50 to 8.06? The trouble is I couldn't have held out selling at £5 odd.
Was too busy earlier to sell on the early FEVR spike even though I had an alert to remind me but it looks as though I may get a second chance at selling them.

Sold MCRO again at 460

Yes, I have sold 2 tranches of MCRO, very happy. Waiting to buy something such as CINE. I spoke too soon on JDW, that boat has sailed

sold CINE at +20%, sold CCL maybe too early.
It must be my birthday

Wow, sold both my tranches of IAG and have made my weekly target in 7 minutes!!

C: Thanks for the info on the new director of AFN. I can find little other news so it must be that and I missed it. I have left a message last week on the LSE AFX board asking O his oppinion as he is also a follower of AFX but so far, no news there.
I might have misled you by using the phrase "2 open positions". Sorry, I do not deal in CFDs, I am merely a trader buying and selling actual shares, I meant that I had now bought two tranches of IAG. So am not aware of the 0.5p/share charge. I pay only the £3/trade charge (plus stampduty on purchases where applicable plus £1/trade when tranche is greater than £10K). L may answer a question on that for you as he, I believe, trades CFDs, he certainly advocates them.

Good evening brigadiers.
I sincerely hope you are right about IAG getting an uplift tomorrow. CINE may benefit too. I have been thinking about the recovery when it really happens. Yes, I think the travel/leisure sector will gain handsomely, however I am rather worried about the airlines and the rather difficult situation through which they have to find a profitable way forward. So I am inclined to favour, drinks makers, pubs, JDW, GRG, CINE, TUI, DART then finally IAG/EZJ. There are difficulties ahead for all in this sector but I feel the complexities of airline travel in post corvid world will weigh heavily on their bottom line. And this from somebody that currently has 2 open positions in IAG!
Incidentally, I complained to IG about the effects of their system outage the other day (and apparently freezing graphs that I have suffered from for a week or two). They have made me an "goodwill" offer.