Recent content by hi5

!Lists stocks with an average daily swing of 50p or more over the last 100 days Range is Abs([high] - [low]). AvRange is Sum(Range,100)/100. List if AvRange >= 50.

I learned about Fibonacci time zones today. For those not familiar with this concept, Fibonacci was a mathematician (born 1170) who discovered the numerical series 1,2,3,5,8,13,21,34,55 etc, where each number is added to the previous to generate the next. If you put verticals lines at each...

I have recently discovered that it is possible to maintain 2 separate databases (e.g UK and US) on the same pc, providing that you have a second hard drive. I keep my UK and US master ticker lists separate, with UK data on drive C and my US data on drive D. (Data sourced from 2 different...

Personally, I enjoyed the 3 day course enormously. I particularly liked the way that Manning boils down many aspects of TA to the practical essentials of what works and what doesn't. With hindsight it is easy to say that what he teaches can be learned from books but I'm sure that would be far...

Was this list generated with an EDS routine or the Mk1 eyeball? Dave

I would be interested to read about other list members stock screening techniques. I am currently focussing on the FTSE100 (to ensure volume), looking for stocks that have retraced for 3 to 5 days after a new recent high. The entry price is at or above the previous days high. The strategy can be...

Darth Could you please give us your specific settings on each of the criteria? Thanks Dave

Many of us must be pouring over charts on a nightly basis looking for good trading candidates. Anyone willing to compare notes? (please include reasons for selection). With the market still in a down trend, I am focussed on candidates to short and here's my selection for tomorrow: CTM -...

Hi Hill Reward/risk ratio is defined by the distance down to support vs. distance up to resistance (if you are going LONG) Example: if support is at 1000, resistance is at 1100 and the price is currently at say 1025, then it's +75 up to resistance, -25 down to support, so you have a 3 to 1...

Hi Jazz My favourites at moment are LOG,CTM,BARC and RTR WPP looks interesting but same sector as RTR JMAT,CCH,SHP & CAT - vols all a bit thin 29 on the watch list - DEFINATELY too many :-) Yes, one screen is very difficult - I'm struggling with 2 - seriously looking at getting a 3rd but...

Just a few initial thoughts..... A clear strategy is essential for consistent returns Focus on 4 stocks max Review stock selection and strategy weekly Preparation is the key Know s/r levels both intraday and daily, - horizontal, trend line, fib etc Know the swing Entry conditions will be...

Ah AMEC. An old favourite of mine. With the 10 day EMA below the 20, the RSI below 50, MACD still negative and just about every other indicator blood red I would still be very reluctant to go long on this one. As a matter of fact, I'd be reluctant to go long on anything at the moment so no...

Thanks Martin. I'll have fun playing with that. Dave

Very amusing! Dave

AMEC perhaps..... Dave