This is testing the trend line that it broke out from a while ago. Worth a long with a 5 point stop.

From this weeks share tips


dl.dropboxusercontent.com/u/4899609/clln7thoct.png

This was a short on first attempt of trend line for this weeks share tips. Ive now gone long on this as the first attempt did not work. So ive reversed the trade to a long with stops below 300.
This is breaking the main down trend line today and maybe on the next leg up based on waves???
This has to finish the day above the trend line to confirm the break.


dl.dropboxusercontent.com/u/4899609/clln10thsept.png

Profit locked I have moved SL to below yesterday's low - its going strong

Follow up chart 4/4

This made its move today

Trade still on going

Inside Bar today
Long @ 276
SL below gap and previous low - below 256

Response from Sharescope on price discrepencies....

"You'll find our low corresponds with that shown by Bloomberg.

The difference is what trades you factor in when calculating the high
and low of the day. ShareScope, like Bloomberg, only uses Automatic
trades. The lowest Automatic trade for Carillion on 25/1 was £3.08
there are lower ordinary and negotiated trades and the sources you are
referring to are using these as their low.

The problem with using all trades is that you can get huge spikes
created by tiny trades that are completely unrealistic."

Thanks for the replies. I have been using Sharescope for years and always assumed that their data is accurate. I will contact them and let you know what they say, but it will have to be tonight.

Thank you Remo! I had asked Updata for a fix as it had appeared on a number of charts. Anyway the solution is to right click and select Price Editor, right click on the date that's dodgy and "remove data point". If you then download history it seems to fix it.

Thanks again,
M.

actually im pretty certain you have to manually delete that date.Its accessed from the toolbar at the bottom of the window if im not mistaken.Cant remember the full steps but along that line. sorry cant be more of a help.I used to know updata really well. I guess old age is finally taking the toll on me. very forgetful.

Rab
You had me worried there for a minute. sharescope are normally ok from what i hear. Its best to query them.It depends on who they get there data from.

hi monkeys
i had the same problem with updata when i was with them. Im sure there was a solution to that problem.I cant remember what caused it but maybe someone else maybe able to help with that. Its gonna bug me now...dohhhh
I think its got some thing to do with deleting the actual date where the error came from and refreshing it afterwards. I used to do that a lot to make certain the data were correct. ..ohhh its bugging me ...

Please ignore the spike on the 31st December. It's an issue I have had with a few charts in Updata. They remove the spike when you query, just a shame you have to query in the first place!


dl.dropbox.com/u/24866576/January%202013...D%2050P%20290113.gif

Seems to agree with the prices Remo is showing and iii.

M.

I've just had a look at this in Sharescope and noticed that the candlesticks are different, which was fairly obvious because the hammer on the 25th is not there. I had a look at the Java chart on III and that has slightly different candlesticks again, though they are closer to Remo's chart. I find this very worrying, particularly for a service that I pay for. How can the data be so different? And how can we trade on data that we can't rely on?

I have exported the actual OHLC prices from Sharescope and they have the low price as 308 on the 25th, which is why there is no hammer. On III the low price is about 302. Can anyone offer any other figures from other tools, and if Sharescope are the odd ones out I will challenge them about their data and see what they say.

I have gone long on this with a stop below the hammer.
So small risk as price is half way down the hammer.



dyor