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 13^th 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 11^th dec with a 123 low breakout.So a Buy.The breakout point was 229

Stop below the 2 point on the 123 low which was at 219

https://dl.dropbox.com/u/4899609/tlpr11thdec.png

 This is where it is today

Its currently at 24 points profit. This is at a gap resistance area and profits should have been taken by now and a free trade.

https://dl.dropbox.com/u/4899609/tlpr29thdec.png

National Express : NEX.L

This was tipped on 11^th dec for a 123 low breakout. So a Buy.

The breakout point was  178 ,Stop below the 2 point.

https://dl.dropbox.com/u/4899609/NEX11thdec.png

 This is where it is today

This is currently 27 points in profit and approaching some resistance nearby so profits should have been taken and a free trade.

https://dl.dropbox.com/u/4899609/nex29thdec.png

 IMT Imperial tobaco : IMT.L

This was tipped on 4^th dec for a short at the gap fill.

Stop was tight of 10 points which was just a tad to tight for this trade . The stop was in the wrong place as should have been above the nearby high . A silly error as for £25 a share, a 10 point stop is not enough.

Just goes to show people should DO YOUR OWN RESEARCH.Its easy to make silly mistakes so worth double checking.

https://dl.dropbox.com/u/4899609/imt4thdec.png

 This is where it is today

This is currently 168 points in profit for the people that used the correct stops.

https://dl.dropbox.com/u/4899609/imtdec29th.png

 IMI PLC: IMI.L

This was tipped on 18^th oct after a hammer appeared right at the trend line.So a Buy

Stops are below 897.

https://dl.dropbox.com/u/4899609/imi%2018thoct.jpg

 This is where it is today.This should be a free trade now.

This is at 1094 so 200 points from the original tip.

This was traded in and out during the original tips with shorts and longs.

https://dl.dropbox.com/u/4899609/imi29thdec.png

 Shire :SHP.L

This was tipped on 21^st nov during  the 123 low formation.

Tip was to go long at 1802 and the stop below 1715.

https://dl.dropbox.com/u/4899609/shire21stnov.png

 This is where it is today.

This is currently at 1895 and ready to test another  breakout point.This went as high as 1968, so a free trade.

https://dl.dropbox.com/u/4899609/shp29thdec.png

 Weir Group : WEIR.L

This was tipped on 26th oct after it bounced of a major trend line and produced a hammer. So a Buy

Stops were below 1651 the hammer low.

https://dl.dropbox.com/u/4899609/weir.png

 This is where it is today at 1876. This has been traded a few times since the original tip.

Currently up 170 points + so free trade.

https://dl.dropbox.com/u/4899609/weir29thdec.png

 Centrica :CNA.L

This was tipped on 21^st nov  during the 123 low breakout at 320.So a Buy.

Stops would be below the 2 point at 313.

https://dl.dropbox.com/u/4899609/cna21stnov.png

 This is where it is today at 337 after approaching strong resistance.So should be a free trade now.

https://dl.dropbox.com/u/4899609/cna29thdec.png

The above are just some of the tips that were given by myself recently at www.chartsview.co.uk.

They are not the best ones but the ones I found easily as there’s so many posts to go through.

There have been many tips that have already hit targets that I have not put up.

There have been some losses as well but not many and I always use stops so the risk would have be minimal if following correct money management ,2% rule and all

It’s been a very good start to ChartsView the website as I always look to post good set ups in anything that is tradable that i come across during my scans of the markets. The above are just examples of share trades on the FTSE 350 and there have been many in currency trades and indexes  and commodity as well. I can’t post all of them in the blogs or else I’ll be writing  till next Christmas. Most of my trades are for very short term trading so pointless in showing examples of them as well as would take too long to write up.

I hope my members have found these tips useful and have learnt from them.

As can be seen by the evidence I don’t do hindsight trading like many so called pros out there.

It’s always harder to do live trades. That’s the advantage of ChartsView the website  over the many other website out there. We provide tips on a regular basis which hopefully helps fellow traders to spot great trade set ups in the making. Here at ChartsView we don’t believe in charging astronomical prices for tips (£39.95 per year membership) unlike other websites out there as our ethos is community and helping each other to succeed in the markets.  The more eyes the better our chance to find a perfect trade set up.

As always the most important rule I go by is:

DO YOUR OWN RESEARCH

Never just blindly follow. I always show my trades for learning purpose and use strict money management. If you dont use strict money management then the chances are that you would bail out to early or stops wont be in the right places.

Please bear in mind that most of my trade set ups are for day trades .Im not a buy and hold person as im always looking for trading opportunity .

I hope you have enjoyed my recent trade blog

Have a wonderful New year and hopefully we can beat the markets together in the coming New Year.

Happy New Year Guys and Girls