GKP

Count, i have been watching this carefully for a while for a early entry.
I like to be a bit more aggresive, and try get in early, i can't help not doing it lol.

The higher low, hammer and trendline break, got me tempted this morning.

Worked out well in the end.
As Remo says this is still range bound untill 110p is beaten.
This could go on now to posibly test those levels.

For your losses, it's happened to so many here.
Jackozy always says, one must learn from mistakes, and not repeat them.

Keep following Chartsview, because this is great creation of Remo, with a lot of good folks onboard.
If you follow the tips here, and be disciplined with your trades, you will cover your losses in due course.
I have learnt a lot from everyone here, including Tradesmarter, who i havent seen around for while now,i hope he is well.

ATB,
Regs,
Trendfriend.

Actually ticking up a quite a bit now TF, not looking as grim as it was before 2.30pm when it was around 88.5P. Those yanks must be buying Good luck

PS GKP claimed my sanity (and my cash) a while back so I'm scared to get back in atm, so overly cautious.

pps just found out that the sudden rise at 2.30pm was due to a Reuters announcement
''Kurds Begin Piped Exports-Reuters''

This has come back down, so you quite right Count. Ouch!

With a higher low, hammer and a trendline break, i thought this was good.

No wonder this has claimed the sanity of so many, lol

Gkp is going sideways currently. so nothing special.
This now gives you clear areas to trade from.
Long above 110
short below 80

thats a trading range.
Sideways markets are the worst to trade in so bear that in mind.


dl.dropboxusercontent.com/u/4899609/gkp22ndmay2014.png

you can see how gkp has been doing looking at this chart.
sideways then down ,sideways then down.
So you have to break this sequence so look for a 123 low to form to show a change ,otherwise just stay out of this share for the time being based on technicals.

That was bold entry TF, but wouldn't a close above 92p be a wiser entry? I thought we were drifting between 92 and 86 in no mans land atm. The update presentation released yesterday was nice though. Are you expecting a late rise?
RSI plodding along (perhaps just beginning to be squeezed a bit) and volumes still low, not indicating too much atm.
Good luck though ')

i went long on the trendline break.

High risk, bit with a hammer below got tempted here.
Stop at 79p.

uk.advfn.com/p.php?pid=chartscreenshotsh...04hA%3D&symbol=L^GKP