Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: WEIR

WEIR 04 Nov 2013 10:26 #1

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2854
  • Thank you received: 5183
  • Karma: 111
Hi CT79
If a share is over £10 then you should look at 15 points minimum or more.tight stops could be between 2 - 40 points long depending on the price of the share in question.


regarding strategy ...Look at a 3 contract rule.
chartsview.co.uk/learning/3-Contract-Rule.html
this is my own rule.

chartsview.co.uk/learning/First-touch-rule-trading.html

hope this has answered your questions. :cheer:
there is more useful stuff in the learning section so thats the best place to learn how i do things. ;)
Information Purposes Only, Do Your Own Research
remo
Last Edit: 04 Nov 2013 10:26 by remo.
The administrator has disabled public write access.
The following user(s) said Thank You: CT79, Tejassi, Bluemoon123

WEIR 04 Nov 2013 09:51 #2

  • CT79
  • CT79's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 91
  • Thank you received: 348
  • Karma: 12
Morning Remo, hope Ronnie and yourself are well

Quick couple of questions if I may?
When you're talking about tight stops on shares of this high value, what do you consider tight? 5pips?

Also, when buying at support for the bounce - what's your strategy for taking your first tranche off the table? Would it be x amount of points before moving stops and letting the rest run?

Thanks for all these share tips you are producing, I'm finding this to be a great section of you site.

Cheers
CT79
The administrator has disabled public write access.

WEIR 04 Nov 2013 09:25 #3

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2854
  • Thank you received: 5183
  • Karma: 111
This was a trade from this weeks share tips.

This was meant to be a long from the trend line but this gapped down massively today so would not have entered the trade.I have a simple rule around gaps..Dont trade the first half hour of the stock market :cheer:
Now im looking to go long on a first attempt of major support at 2034 on a first attempt trade. Stops should be tight.



dl.dropboxusercontent.com/u/4899609/weir4thnov.png
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.
The following user(s) said Thank You: CT79

WEIR 22 Oct 2013 10:26 #4

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2854
  • Thank you received: 5183
  • Karma: 111
Possible day trade on the first attempt of the gap fill at 2293 .Use tight stops of at least 15 points.


dl.dropboxusercontent.com/u/4899609/weir22oct.png
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.

WEIR 04 Oct 2013 08:10 #5

  • ronnie
  • ronnie's Avatar
  • OFFLINE
  • Administrator
  • Always look on the bright side of life!
  • Posts: 2213
  • Thank you received: 1541
  • Karma: 71
This has gapped down and is hovering around support area.

Information purposes only, Do your own research,
All share trading carries risk,
Ronnie
www.chartsview.co.uk
www.facebook.com/chartsview
twitter.com/chartsview
www.linkedin.com/company/2766233
chartsviewblog.tumblr.com
The administrator has disabled public write access.

WEIR 02 Aug 2013 21:34 #6

  • waverider2
  • waverider2's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 211
  • Thank you received: 169
  • Karma: 8
This looks like it has broken out of a trading range with rising MACD and RSI.

I would like to trade this at the retest of previous resistance (range break out point)....so if you have any views, please dont be shy to comment :)

dl.dropboxusercontent.com/u/4385922/WEIR0208.png
Attachments:
The administrator has disabled public write access.
The following user(s) said Thank You: ronnie
Moderators: remo

Time to create page: 0.369 seconds