Recent content by chica

Thanks Vorbis, I had actually read that one before, I gave it another once over, gives me an idea of how to read an order book and some of the pitfalls but to be honest looking at the order book for Rio Tinto for example, it seems that there are always as many bidders as there are sellers and I...

CFD's, FTSE listed mining companies?

My last post was badly put, from what i have read T&S is useful for knowing whether buyers are bidding into a price or taking the offer, the latter would suggest more demand and that price may go up and sellers vice versa... It could be useful and i'd like to try it out to see if it is... but...

I meant i'd get the price action from being able to read a level 2 screen. Which at the moment I can't. Forgive me as I am new to all of this and am learning and I appreciate that you've bothered to reply but with regard to the T&S thing, doesn't it indicate whether buyers are 'hitting the bid'...

And i'd get that from Level II right?

Good point scose, I hadn't considered it in that way... does that then make T&S useless as a tool? Surely it must have some value, a lot of the knowledgable posters refer to it as part of their gameplan eg. "all the signals were there and T&S confirmed it"

Hola, I'm newish to this, after a couple months trading I've come to the conclusion that i'm not very good at determining when to close a position and that among other things, T&S could be a great help. I confess I felt a tinge of excitement as I upgraded my IG platform from PureDeal to the L2...

Hello everyone, Was watching Rio Tinto this morning and there was a sudden drop of 30p at 10.46am. Nothing spectacular for Rio but share price was steady for hour and a half before this. I've looked for news but can't find anything to explain it. Possible profiteering from last few days but...

Hi people, i'm doing the polite thing here and saying hello to all. Am venturing into the dark arts of trading and came across this site, a great heads up for an amateur. Now all i got to do is sift through all the contradictory advice, ha. Cheers