onedb1
10 Nov 2017
Re: Dead cat bounce i think It was a DCB ! I should not have changed my original view .Closed my position now. Gave some profits back. Oh well. Lesson learnt
onedb1
27 Oct 2017
Buyer not a seller My thought of DCB was wrong , clearly now breaking the 50MA seems to have solidity behind this reversal Small Long for now , ( was not supposed to trade this pm lol ) In fact is that a Flag now ?
beza
24 Oct 2017
Re: Dead cat bounce i think Onedb1Thank you very much for providing me with so much info. I am going to make time to try and get in to it/ learn it. Thanks once again
onedb1
23 Oct 2017
Re: Dead cat bounce i think Sure BezaDepends what level you want to reach though . Ie to become a pro Technician or to get a good understanding ? So I am a member of the CMT , (US based Technical Analysis Association , you have to pass 3 exams , Level 1 is the shortest but 2 and 3 are over 4 hours . Will take a minimum of 15months In my opinion to pass all 3 . But if you are working its very taxing IMO and may take longer . I trade full time and preparing my website (will have loads on education ) In the UK you have : The STA a good place to look at . They have 2 exams and courses you can attend in London , I would recommend it if in London or close and you can ask Penhome about more details as he qualified that way . Great website , full or resources much like the CMT . Great community the TA one, everyone is very welcoming and passionate . From the legends to the new comers. Try and attend some of the seminars in London and see if you like it . If you prefer to kick off your learning curve from scratch personally I'd recommend ;JJ Murphy's book or Pring's I know both literally line by line . For the exams we get a condensed version in our text books, I highly liked the 3 books of the CMT association , you can get them on Amazon . But these depending on your level are quite comprehensive and tough . Its not all charts or basic patterns. There is volatility calculations, performance ratios, behavioural finance, system creation, risk management etc etc lots and lots The Murphy and Pring books are here [link] I suggest stockcharts.com . Great source If totally new to a lot of concepts there is a nice starting tool [link] a fun intro to start with the basics . It takes a few years to learn this stuff. But with patience and hard work you can achieve it. Note what I posted here above is also a fraction of needed knowledge, just the start of the learning curve as now you have to learn Python , R , back testing , neural networks, quants etc etc , its a long journey but a great one . Hope that was comprehensive enough
beza
23 Oct 2017
Re: Dead cat bounce i think Hi Onedb1Could I pick your brain please? I'm very interested in charting your charting work, charting in general and would like to learn more - could you recommend any books/ courses on this subject?Thanks in advance
onedb1
23 Oct 2017
Dead cat bounce i think Seeing the latest 20% rally now potentially starting to fade , just my view . But the 50 day moving average could prove a great place to add to my short . If the 50 is broken I will close . At the moment I have my doubts
onedb1
09 Oct 2017
Came close to closing but weak It remains No signs of reversing am afraid
onedb1
04 Oct 2017
Not closed the short just yet but will consider it soon. Am very close to target now . I want to free up capital.
IAmShareCrazy
27 Sep 2017
Re: Beautifully approaching target I have sold. I think now is the time. The chart pattern told me!
onedb1
13 Sep 2017
Re: Another good day for shorters here am a technician , CMT exams Level 1 and 2 currently preparing the final one . 
So you will read my views quite often in terms of TA though I did my CIMA exams too, so have an accountancy qualification too
IAmShareCrazy
13 Sep 2017
Re: Another good day for shorters here Countrywide is going well too. 117 target for that - I use technical insight for the target with chart patterns.
onedb1
13 Sep 2017
Re: Another good day for shorters here happy with 60p Once it gets there i may reduce my short or close out
IAmShareCrazy
05 Sep 2017
Re: Another good day for shorters here 60p to 80p initial target. Watch out for volume and gaps!
onedb1
05 Sep 2017
Another good day for shorters here 85p makes me happy so far. Patience pays . Slowly slowly
onedb1
25 Aug 2017
Still short been looking at my charts this very late evening . But Foxtons is showing not sign to me of a change in trend Silver lining though if we do get to 75 then maybe 60p , it may be the bottom and possible worth a rebuild . Anything sub these 2 levels and I am buying as the rental income alone would justify a higher price. But for now I remain bearish . P/E ratio of 15.65 with consistent falling of ROCE . Lets see where this ends .
