Amec:possible short coming????

Question for chartsview?

When using IG charts, at what point is a breakout? Due to the spread.

I am now long on AMEC as it went past 1054 and triggered my buy. 1-2-3 low.

It reversed almost immediately at that point, did it not break out? and turned at resistance 1054?

I know IG charts are not the best, but I can't really afford £1000 a year updata or metastock. I don't trade enough yet. (trying to build up)

Any help form people who use IG charts would be much appreciated.

The signal will come once 1054 is cleared...good spot mate...One to watch for tomorrow


dl.dropboxusercontent.com/u/4899609/amec6thfeb2-14.png

Looks like a 1-2-3 low on amex, breakout at 1053.

Sorry, IG index are not letting me save charts.

If somebody could post a chart, please.

dl.dropboxusercontent.com/u/20815047/AMECdaily19_04_13.gif

Nice candle to take this from an open below support to a close above. Mind the gap at 968p though.

Short 1060
Stop 1085
1st target 1000

RMc

screencast.com/t/ja240RIzn

Bear Flag
Pin Bar
H and S

Will watch tomorrow morning

RMc