Break Out Trader...

The Baptist

Established member
Messages
715
Likes
45
Hi Trade 'BO' s on a customised set up.

I recently put Enterprise Inns (ETI) and Liberty (LII) to name a few, for a quick boost to the investment pot.

I currently have a few that I am watching. If the interest is there, I will post a few.

I will attach some of those that recently were traded, so that you can see the technical nature of the set up to see if it suits your strategy.

Best Wishes
 
Hi Trade 'BO' s on a customised set up.

I recently put Enterprise Inns (ETI) and Liberty (LII) to name a few, for a quick boost to the investment pot.

I currently have a few that I am watching. If the interest is there, I will post a few.

I will attach some of those that recently were traded, so that you can see the technical nature of the set up to see if it suits your strategy.

Best Wishes

Lost the charts lets try again
 

Attachments

  • ETI_L-CHX zoomed unshaded.gif
    ETI_L-CHX zoomed unshaded.gif
    66.9 KB · Views: 427
  • LII-LON success daily.gif
    LII-LON success daily.gif
    67.5 KB · Views: 454
  • LII-LON 23.7.09 still valid pattern inspite of ftse100 strength.gif
    LII-LON 23.7.09 still valid pattern inspite of ftse100 strength.gif
    69.9 KB · Views: 430
  • ETI_L-CHX 6.8.09.gif
    ETI_L-CHX 6.8.09.gif
    66.3 KB · Views: 364
A few watchlist specimens

Some future Break Out (BO) candidates.... Yell Group... Royal Dutch Shell, BP, .. Collins Stewart Plc


For our US friends or traders of US markets.. CKE Restaurants (CKR), Rowan Companies Inc. (RDC)
 
2 hrs trade over two days = 16%..?

Two entries two take profits for 90% of the position, followed by later Money Management Stop on the residual 10%.

Text Book trade for BO, great if they worked like this every time.

The final entry was 1510 by the in yesterday 19th Aug, market shut at 1630 and we were out in first 10 minutes next morning, was still in bed when targets were hit.

The arrow heads were the entries on the platform up for Buy down for sold.

Enjoyed that, did well on CK restaurants (US Stock) good day.

Enjoy the chart.
 

Attachments

  • yell 20 .8.09 30 min.jpg
    yell 20 .8.09 30 min.jpg
    256.7 KB · Views: 473
Look at Daily Barclays Bank...consolodation patterns
 
I expect Equity markets to,remain strong . Lots of recovery Break Outs setting up..

I also feel Inflation will re-assert as primary concern. Watch Gold!
 
Bank sector needs a retrace. I trade RBS and Barclays through a SIPP and it been a great year so far up near 70%. Like to see Barclays back to 3 then off we go again !!!
 
Royal Dutch Shell...

My choice of set ups on the two Oil majors, proved correct with BP also going up, but marginally less on % terms.
 

Attachments

  • RDSb - RoyalDutch Shell b - 15 minute chart 21.08.09.jpg
    RDSb - RoyalDutch Shell b - 15 minute chart 21.08.09.jpg
    326.7 KB · Views: 331
Last edited:
Hi Baptist, how do you 'scan' or 'search' the market for BO trades?
 
recent others

Coded scans on my Front end applications currently Metastock 10.1 and Updata Pro.



For today managed to ping CLST - Collins Stewart with waiting order.

Upward arrows entry downward sells...attached below
 

Attachments

  • CLST - BO 25.8.09 4 hr.jpg
    CLST - BO 25.8.09 4 hr.jpg
    275.2 KB · Views: 249
Good thread Baptist - I will be keeping an eye on this as I am trading breakouts myself at the moment. Caught a good rise on TW. last week.

I am having a problem reading your charts though, they come up all blurry and incomplete. Is it just me?
 
ITE: has broken out ..

I have been tipped into ITE (London) on my BO pattern.

ITE Group will post a chart later, add to watch list for those liking a quick mover.

Happy Trading
 
Top