We had a good week of trades.
Marks and Spencer: 123 low breakout but gapped up and its moved 45 points so now should be a free trade.
Amec: This broke out of a 123 low formation but reversed the following day and made a small loss.
Ashmore: This broke out but moved back down but still in trade
Centamin: This bounced of the trend line and created hammer,in profit currently
De La Rue: 123 low breakout and in profit currently
First Group: 123 low breakout and a free trade now. Nice profit
Inmarsat: 123 low breakout and now should be a free trade.
Michael Page: 123 low breakout but moved slightly lower but still in trade.
This weeks shares are mixed bunch. 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.
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 10th November 2014 to 16th November 2014.
If your looking for the Navigation bar then please minimize the chat window before clicking the charts.
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