Recent Tips on ChartsView Update Fresnillo: FRES.L This was tipped on the 28thnov  for a short. The entry would have been half way up the shooting star with a stop above. Entry 2004 Stop above 2033   https://dl.dropbox.com/u/4899609/fres27thnov.png This is where it is now This is currently 145 points in profit so should be a free trade. https://dl.dropbox.com/u/4899609/fres29th%20dec.png Randgold Resources :RRS.L This was tipped as a short on 13th nov with a rounded top formation and a trend line break and a gap down. Target was 1100 points lower https://dl.dropbox.com/u/4899609/rand13thnov.png  This is where it is today This is currently 800 points in profit so now is a free trade https://dl.dropbox.com/u/4899609/rrs29thdec.png  Tullett Prebon : TLPR.L This was recommended  by  board  member  ftse80 a few weeks earlier. This was tipped on 11th dec with a 123 low breakout.So a Buy.The breakout point was 229 Stop below the 2 point on the 123 low...

Nothing beats manual scans.Scans from a charting software also work if your looking for a particular type of pattern.To look through the ftse100 companies manually takes me about 5-10 mins.The reason i can do it so quickly is down to my software i use(metastock)and also my knowledge Metastock stores every change you do on a chart automatically. So if i drew a trend line it will always be there until i remove it.Same for support and resistance lines.So any thing i draw will automatically be saved on a live chart. This is a great feature as i dont have to save a watchlist as such.So if i manually go through the ftse 100 companies i dont have to keep drawing the trend lines as they will already be drawn so i can tell when a company is approaching a trend line if i manually scan every day.This is the main reason i...

Here's a follow-up to the earlier piece on the USDJPY live example for the EWT/Fib theory. Remember, we were looking at a 161.8% Fib extension target for wave 3 up at 80.85 but we knew there was firm resistance at 80.62 which would probably come into play. We were then looking at a possible retrace to the wave 1 high at 79.22 for the wave 4 retrace before continuing up to test the 81.78 reistance for wave 5. Here's what happened:   dl.dropbox.com/u/20815047/USDJPYdaily19_11_12a.gif As we can see, that resistance came into play perfectly with a bearish RSI divergence too so this was a good place to go short. The wave 4 down turned out to be slightly anomalous though:   dl.dropbox.com/u/20815047/USDJPYdaily19_11_12b.gif We were looking to the 38.2% Fib or the top of wave 1 to act as support. In fact it retraced to precisely the 50% Fib which entered wave 1...

Petrol Price Rip-off and Running our Economy  This is the chart of Crude oil price at the highest it's ever been $147.27 per barrel:   This is the UK average price of petrol at the time of the highest crude oil price: £1.195 per litre.  This is the chart of Crude oil today at $85 per barrel: This is the UK average price of petrol today: £1.35 per litre So my point is, Why are the British public being robbed in pure day light????Why don't the media comment on this???? I suspect that the media is in the hands of the government. My point is that the media are being controlled, why don't they report such a blatant robbery? Their editors are probably in the hands of the governments, nothing new there then. This is most likely the case wherever you are in the world and whatever party is in charge....

well borrowed this idea from another chartist on advfn...I just happen to agree with the risk/reward so have done "my take" on it....but credit to Fingers thread to this idea and to the poster Jamesiebabie....For me, well I see many shares bouncing at 20p to 26p and a close below 1p should be used to admit defeat...so a decent risk/reward and always the possibility of a supa spike!....but as this is aim don't play unless you can handle an immediate 30% loss for the change of a sustained rise on good news...for now I'm just calling for a quick technical bounce at the key 20p area...rest is down to you ...