Member Info for scotlouie

bounce trade on JLP http://www.screencast.com/t/syZLxS9MNAlJ hit lower support on downtrend channel and bounced and could be on the way towards 3.70p from the current sub 3p, could be a good trade there for a bounce trade.

possible bull flag pattern emerging on SHG http://www.screencast.com/t/meYgX0Z2Tsm would be nice to see a 5p bounce... then up towards 8p in coming weeks! 8p target but may take a breather at 7p before push towards 8p :) current SP @ 5.30p so plenty upside!

huge support within the 7-8p area on EDEN from above post. recently hit the 8p support and had a bounce but now turning back down. i reckon 7.50p could be a good target before next push to the resistance within the red downtrend channel (around 10-11p) chart on a weekly timeframe so medium looking timeframe hopefully reach the 11p target by june/july

7-8p buy target on EDEN http://www.screencast.com/t/xn1ecqHjiyf then possible sell target around 11p (unless breakout comes then 15p+)

http://www.screencast.com/t/itjTb1TcYpw So i was out by a month on previous target!!! Next target 10p!!

AEG had a nice day today!! Things starting to heat up over there!! Im expecting fireworks over next couple of weeks!!

At 5pm GMT

Live video on AEG's CoalSwitch demo at their UTAH plant. https://mobile.twitter.com/RGSAEG/status/961928478324006914 Well worth a look in to get a better understanding of coalswitch and AEG. Big future and big year!!! News thats expected could transform company!! Ill be waiting and adding for the bagger of 2018!

Not sure what happened there when i tried to copy the link... https://youtu.be/NrrxsbyIkWc

MT. You say your heavily in the resourse sector... might enjoy a youtube video i came across mentioning 2018 could be a big year for resource plays.. https://www.google.co.uk/url?sa=t&source=web&rct=j&url=https://m.youtube.com/watch%3Fv%3DNrrxsbyIkWc&ved=0ahUKEwidoZ-8_c3YAhVHGOwKHdCPAAAQwqsBCCAwAA&usg=AOvVaw0HRD62S4ipktgN-N0t5yqb Could be a few on that list to keep an eye on

MT. To answer your question regarding the ftse @ 8000. If you mean shorting and you asked how much £ you would of made if it drops to 4000. Spread betting you bet on each point so say £1 per point you would clock up 4000 points meaning £4000 but for £1 a point your margin (capital you need to cover the trade) would not be £1000, ive not done spread betting for many years so do not know the margin required. The margin increases with £ per point so £5pp margin would increase a lot more... but bearing in mind if the market does go against you then the losses will increase and you will soon get a call from your broker to add funds to cover your position. And this means your losses can rack up above your intital deposit. I personally would agree with camkite 100%. If you have never done spread betting or cfd's before it is a must to do a demo account first. Spread betting will eat you up... spit you out... and make you cry if it goes wrong. 90% of traders will blow up their account. Most within 1st month. You can make serious money in a bear market with shorting but all comes with risks and you need to be prepared to control your positions you hold and money management to not blow out your account. Good luck if you decide to venture into the dark side (shorting!!!)

I look forward in seeing the top picks list of 2018. Excellent picks from last year NFL, you smashed all 3; ARS 3.7p to 12p.  EME 2.5p to 30p.  UKOG 1.5p to 10p. Very well done for those picks. My picks were a mixed bag; FBT- 11p - 4p (not my best call!!) SML 0.45p- 3.70p (smashed that one!!) NCCL 5.5p - 11.5p (currently fell from peak) Star of the show SML! Lets see if i can beat you next year NFL!!

WSG SML AEG

Other ones for a lookout in jan from me would be WSG (its going to blow!!) PXOG (awaiting flowrates on italy gas well) CPX (movement from 10s possible new contract in early 2018) SML (soon to enter into a news rich period) CNEL (share buy back up to 2p. Current sp 1.5p so room to move towards 2p)

WSG smashing it nfl... 30p before fridays close? Hmmm that would be smashing!!

Ducatti apologies i havent posted a CPX chart yet. Was busy with xmas party and been a busy week. Looks like it was on the money for the bounce! Looks hot!

I had two areas of a bounce. 10s or full reversal to 8p (you also see this) i wasnt sure if it will get down to 8p over next few weeks but that will be down to newsflow. Its oversold from the 18p highs and the charts indicated there could be a bounce at 10p(ish) so have been waiting for this to happen ever since i sold up on last rally. This might only be a correction bounce from oversold area then continue the downward trend to 8p. Its still not had confirmation of the reversal and ill post a chart tomorrow to explain what i see

CPX looking like a reversal play is in motion. I bought in mid 10s when i seen the nice bounce off the 200MA, i havent highlighted it here as been busy to post a chart. I will try post a chart over weekend. Seems a good play into new year :)

URU hit that 0.8p buy target! And a breakout seems to be looming. 1.6p target short term. Just needs a couple of up days as its sitting bang on the desending resistance trend line. Well see how it pans out over next days- weeks. On another note. PXOG still on for the 1p target. News within 4 weeks for flow testing (news this month for target depth) still confident 1p will be passed on positive flow rates

Another great call. Well done on LION guys