Day Trading & Forex Forum

dr.blix

ok, this thread will be where geo and myself post our analysis and trades of FTSE 100 and UK smallcap equities.

we're looking to swing trade with TF's around the daily/monthly.

i trade equities through a broker and geo will be SBing them.

we may be going on about indices and relevant FX too, as obviously these all have a bearing on equities.

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Raise your hand if you think you understand, raise your standards if you don't - Boca Juniors 'Raise'
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UK Equities Thread - http://www.trade2win.com/boards/uk-s...orgasbord.html
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My Trading Journal - http://www.trade2win.com/boards/trad...e-journal.html

dr.blix

i should probably add that whilst geo takes an involved, measured and qualified approach, i often take a rather more emotionally haphazard line on things.

so...this thread will hopefully give some insight on TA for absolute newbies, but at the same time, hopefully, allow the experienced equities traders on the forum to help us.

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Raise your hand if you think you understand, raise your standards if you don't - Boca Juniors 'Raise'
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UK Equities Thread - http://www.trade2win.com/boards/uk-s...orgasbord.html
--------------------
My Trading Journal - http://www.trade2win.com/boards/trad...e-journal.html

Geofract

Nice thread name Dr. B!

I'll be using a mixture of Marc Rivallands swing strategy, combined with other bits and pieces that I have learned along the way whilst trading FX over the last few months.

Since I will be working fulltime again soon, I'll be trading daily bars. This should be pretty leasurely compared to day trading FX, but no doubt with plenty of room to get it wrong! My aim is to learn at a slower pace, whilst making a little beer money.

Bring on the Smorgasbord!

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Bias Change Diagram LINK

dr.blix

as i mentioned in the PM then geo, why don't we start with YELL? i haven't traded them for a few months, but i have a decent amount of chart analysis that i could share.

it's not smallcap, but it's not a monster, so maybe a decent place for you to start?

you'd mentioned vodafone and rio, but these are the 100 heavyweights, trading them is like watching paint dry.

the money for the big miners has long gone geo. e.g. i started watching fresnillo when they were 106p! there's still scope in the smallcap miners though.

here are some i've been trading:

RGM
AGQ
AFE
MWA

energy companies:

CEB
SEY

media/tech:

YELL
ITV
INGG
ISYS

fire these on a watchlist.

__________________

--------------------
Raise your hand if you think you understand, raise your standards if you don't - Boca Juniors 'Raise'
--------------------
UK Equities Thread - http://www.trade2win.com/boards/uk-s...orgasbord.html
--------------------
My Trading Journal - http://www.trade2win.com/boards/trad...e-journal.html

dr.blix

i'll post more of the ones i monitor 2moro geo.

i have some ultra high risk medical/bio-tech companies too!

__________________

--------------------
Raise your hand if you think you understand, raise your standards if you don't - Boca Juniors 'Raise'
--------------------
UK Equities Thread - http://www.trade2win.com/boards/uk-s...orgasbord.html
--------------------
My Trading Journal - http://www.trade2win.com/boards/trad...e-journal.html

Geofract

As I posted on another thread...

A very bearish E$ today! We've already exceeded an average days move and it's only 11.00 am.

Today we breached all the previous lows of last week continuing the H4 short bias.

Technical targets are now 1.4580, 1.4540, and 1.4490 - if they are met, then the FTSE will breach 4954, making for a short bias on the dailies.

The Dax has already breached it's previous swing low of the 5th October, making a short bias on the dailies.

The wheels are coming off

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Bias Change Diagram LINK

Geofract

Possible short setup for RR.

Breach of previous swing low on the 2nd Oct = short daily bias. Looking for 3 days+ pullback before entry. today we made a new low, and breached the red TL. 1st Target 420 ish, then onto 400.

Red dashed lines are S/R levels.

Not much of a trade for you though Dr.B, unless you decide to SB it.

I'll have a look at Yell later DB.

edit: thanks for your watchlist btw.

Attached Thumbnails

 

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Bias Change Diagram LINK

Ciao

Hello

at last a thread on UK shares/market well done dr,blix and nice to get to know you Geofract

in my little way I will put what I can but I run a 600Fiat you 2 a Ferrari..
as I already have explained on the dr.blix journal thread
http://www.trade2win.com/boards/trad...journal-5.html

my main market is USA but do a bit in the UK at the mo I hold PXS
I wish someone start one for USA equities as well... otherwise I will have to do it (God help you)

see you later ... time to get ready USA is opening