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We had a quite but good week of trades.
RandGold: Perfect bounce of 200MA , This currently is up 168 points so should be a free trade now.
Lonmin: Perfect bounce of trend line ,currently up 6 points.
Ashmore: This barely broke out of ascending triangle, currently only up 3 points but this could move a lot higher in the next few days so keep a close eye on.
Its always good to get the feel for the markets before placing any of these trade. Please remember that these are all short term trading tips so some times you have to exit quickly . If prices finish close to the entry point then you need to be careful with placing an order to open.It may be best to leave these trades alone as the risk of a gap up or down could cause real problems with the trade.When prices hit my first attempt trades they normally would move away fast from this entry.If the price stays there for too long then there is a good chance the trade may fail so you need to watch the share more closely.Also its good to keep an eye on previous weeks share tips as some of them may still activate.
Remember to use stops on all trades and DO YOUR OWN RESEARCH.
For all index and currency live trades its best to keep an eye out on the forums as thats where i post them if they look good.Most trades are discussed on the live chat so if your not using them ,then your missing out on some great day trades.
These trading tips are the ones to watch for the week ahead from 18th May - 24th May 2015.
If your looking for the Navigation bar then please minimize the chat window before clicking the charts.
https://chartsview.co.uk/Interesting-Charts/Trading-Tips-18thmay-24thmay-2015.html#sigProGalleria834c65fa99
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