Recent content by dla133

Cheers guys for the replies.

Hi Jaydee, I am the worst market timer, that I can be sure of. The financial sector as a whole has had such a battering that over the long term it has only one way to go. Commodities is another sector that will rise in my opinion. This has got nouthing to do with fundermental analysis but all...

Hi everyone. Maybe I am the erternal optomist, but it is my belief that in 10 to 15 years from now a lot of investors will be talking about how they made a killing in the financial sector. Pick a banking or financial related ETF for the long term and I don't believe you will regret it. Cheers Lee

Where are all you CANSLIM investors? Have any of you made money using the IBD website and newspaper? Cheers Lee

I made the following post in this thread 4/2/09 "I sold out late yesterday with a small profit. Don't like the action of the general market and the other banks at the moment. I have a suspicion that this stock is now going to fall down to 15 pence minimum, however I will not be shorting it. If...

Sold Out I sold out late yesterday with a small profit. Don't like the action of the general market and the other banks at the moment. I have a suspicion that this stock is now going to fall down to 15 pence minimum, however I will not be shorting it. If it does fall back to 10 pence I will be...

Thanks Cheers Guys,

I do too. However Nothing ventured nothing gained. If anybody else is tempted please only risk what you are willing to loose! Cheers Lee

I tried to place a buy spread bet at 10 pence and couldn't. I was told they were only accepting sell orders. I kept trying and eventually got in at 19 pence at £32.50 a point. I understand its a gamble but for me the potential gains balance the maximum loss. It is my personal belief that the...

Hi, Thanks for eplying to my post and taking the time to send some figures through. What I was trying to see was how guys like yourself who have far more experince then myself, look at charts and pick real levels of support and resistance. I have a tendency to choose levels that are very weak...

I have done some more reading over the past few days and have gained a better understanding of the basics of supply, demand, support, and resistance. I understand that one way of trading is to look for key areas of support and resistance and watch the price and volume action around those areas...

I have attached a 1 hour chart for the SP500 daily which I am attempting to trade. I have chosen this as it is not too volatile while I try and learn the SR mthod of trading. If you disregard the 30th January on the chart, where would you enter S and R lines? Thanks for helping Lee

In an early thread you mentioned about doing a tutorial, I would really appreciate one if it was available. I am quite new to trading and am making a concious decision to learn to trade using Support, Resistance and price action. Any help would be appreciated.

Has anybody tried using the DataWind PocketSurfer2 for trading? I have an account with IG Index and I'm looking for something to monitor my day trades when I'm working away and don't have access to my PC. Cheers Lee

Thanks for your reply Chorlton. Does anybody have any other thoughts? Kind Regards Lee