Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: BHP Billiton - BLT

BHP Billiton - BLT 08 Feb 2018 11:22 #1

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 327
  • Thank you received: 294
  • Karma: 10
BLT Weekly,

BLT-Weekly.png


Miners looking weak today.

BLT-Daily.png


Blue lines are F4T closing prices, red are normal.

This seems to be fighting with the uptrend, its already broken the horizontal support around 1480.
The administrator has disabled public write access.
The following user(s) said Thank You: ronnie

BHP Billiton - BLT 29 Mar 2017 10:19 #2

  • ronnie
  • ronnie's Avatar
  • OFFLINE
  • Administrator
  • Always look on the bright side of life!
  • Posts: 2218
  • Thank you received: 1554
  • Karma: 72
Update - this bounced off support and still in trading channel.

Information purposes only, Do your own research,
All share trading carries risk,
Ronnie
www.chartsview.co.uk
www.facebook.com/chartsview
twitter.com/chartsview
www.linkedin.com/company/2766233
chartsviewblog.tumblr.com
The administrator has disabled public write access.

BHP Billiton - BLT 27 Mar 2017 11:16 #3

  • ronnie
  • ronnie's Avatar
  • OFFLINE
  • Administrator
  • Always look on the bright side of life!
  • Posts: 2218
  • Thank you received: 1554
  • Karma: 72
Interesting chart here, bottom of a channel, gapped down, broken 200 day moving average and near lots of strong support lines, one to watch.



Information purposes only, Do your own research,
All share trading carries risk,
Ronnie
www.chartsview.co.uk
www.facebook.com/chartsview
twitter.com/chartsview
www.linkedin.com/company/2766233
chartsviewblog.tumblr.com
Last Edit: 27 Mar 2017 11:16 by ronnie.
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend, Paitech

BHP Billiton - BLT 26 Jul 2016 18:46 #4

  • kchakkar
  • kchakkar's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 5
  • Thank you received: 1
  • Karma: 0
Gone long on this at £9.32p
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 04 May 2016 10:02 #5

  • kchakkar
  • kchakkar's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 5
  • Thank you received: 1
  • Karma: 0
News of a $43 billion lawsuit against BHP Billiton drags on the mining sector. Looks like a good short opportunity
The administrator has disabled public write access.

BHP Billiton - BLT 28 Apr 2016 12:00 #6

  • remo
  • remo's Avatar
  • NOW ONLINE
  • Moderator
  • Posts: 3120
  • Thank you received: 5599
  • Karma: 113
resistance: 1034...1103(38.2fib)...1131,,,1203,,,1269(50%fib),,,1432(61.8fib)

The best place to take profits is the resistance levels and particularly the fib levels.You can see clearly how the 23.6 fib level held the initial rise perfectly(look at chart).These resistance levels are the places to short a stock but you have to monitor them closely as going against the trend can be risky.


dl.dropboxusercontent.com/u/4899609/blt28thapril2016.png

Im still long on bhp from the other day and its a free trade for me now.
Information Purposes Only, Do Your Own Research
remo
Last Edit: 28 Apr 2016 12:04 by remo.
The administrator has disabled public write access.

BHP Billiton - BLT 28 Apr 2016 08:40 #7

  • remo
  • remo's Avatar
  • NOW ONLINE
  • Moderator
  • Posts: 3120
  • Thank you received: 5599
  • Karma: 113
The best place to go short on this would be at the next major resistance. Thats around 1203.
But there are are resistance levels before this.This would be short term trades thou as it seems the trend has changed.
Ill post charts latter as got to pop out
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.

BHP Billiton - BLT 28 Apr 2016 08:08 #8

  • kchakkar
  • kchakkar's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 5
  • Thank you received: 1
  • Karma: 0
Hi Remo,

When is it worth going short?
The administrator has disabled public write access.

BHP Billiton - BLT 27 Apr 2016 10:57 #9

  • remo
  • remo's Avatar
  • NOW ONLINE
  • Moderator
  • Posts: 3120
  • Thank you received: 5599
  • Karma: 113
Ive gone long on this from the back test of the recent breakout point.This area has the 200ema as well so gives added support.
Im using a 25 point stop just incase.


dl.dropboxusercontent.com/u/4899609/bhp27thapril2016.png
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.
The following user(s) said Thank You: Indyinv, kchakkar

BHP Billiton - BLT 21 Apr 2016 15:54 #10

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 327
  • Thank you received: 294
  • Karma: 10
Trendfriend

Good call on BLT. :P
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 21 Apr 2016 15:54 #11

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 327
  • Thank you received: 294
  • Karma: 10
Trendfrien

Good call on BLT. :P
The administrator has disabled public write access.

BHP Billiton - BLT 21 Apr 2016 12:04 #12

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 327
  • Thank you received: 294
  • Karma: 10
:woohoo: :sick:

Didn't catch it, I was short on the FTSE though, so sort of caught it!! :whistle:
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 21 Apr 2016 11:20 #13

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1617
  • Thank you received: 2202
  • Karma: 53
Anyone catch this??

I'm moving stop to 1031, above todays high, but still above the trendline. I think i'm going to bank some of the position here (at £10) as well....

ATB,

Trendfriend.
Last Edit: 21 Apr 2016 11:22 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: longterm_view

BHP Billiton - BLT 20 Apr 2016 14:53 #14

  • Food4Thought
  • Food4Thought's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 521
  • Thank you received: 1019
  • Karma: 24
There is also a gap at 1024.50 on the daily
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 20 Apr 2016 10:41 #15

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1617
  • Thank you received: 2202
  • Karma: 53
this looks to be the place to short this, firts attempt only @ 1027p.
stops depends on your position size, small position keep 15/20p above the trendline, larger positions keep it tight 10p, to keep the r/r worthwhile imho...

If it breaks above it could be heading upto the 200 day ema @ crica 1500p.
So i'm going to go long, on a break above and retest and hold of the trendline.

As always just my opinion and dyor...
Trendfriend
bltweekly20apr16.PNG
Last Edit: 20 Apr 2016 10:46 by Trendfriend.
The administrator has disabled public write access.
The following user(s) said Thank You: remo, Food4Thought, elsgly

BHP Billiton - BLT 13 Apr 2016 14:36 #16

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1617
  • Thank you received: 2202
  • Karma: 53
Longterm,

The main down trendline is around £10...i will try to post a chart later. i think this heading to that t/line
I'm going to short this again at that level, as its the best to place to trade this in terms of r/r...
imho, wdik

Trendfriend.
The administrator has disabled public write access.

BHP Billiton - BLT 13 Apr 2016 13:26 #17

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 327
  • Thank you received: 294
  • Karma: 10
Well it didn't work! :evil:

Onto the next! :whistle:
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 13 Apr 2016 08:16 #18

  • Food4Thought
  • Food4Thought's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 521
  • Thank you received: 1019
  • Karma: 24
BHPBILLITON12.04.16.png
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 12 Apr 2016 12:16 #19

  • longterm_view
  • longterm_view's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 327
  • Thank you received: 294
  • Karma: 10
You may have been stopped out, but i've just gone short. :silly:

Lots of resistance around 800, Stop at 835. :woohoo:
The administrator has disabled public write access.
The following user(s) said Thank You: Trendfriend

BHP Billiton - BLT 11 Apr 2016 13:00 #20

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Expert Poster
  • Posts: 1617
  • Thank you received: 2202
  • Karma: 53
Short on this as its at the top of it channel atm...and i think th eftse is at the top of its range as well.

Stop @ 785p for now....target the trendline at around 700p

ATB,
Trendfriend.
blt11-4-16.PNG
The administrator has disabled public write access.
The following user(s) said Thank You: remo, longterm_view
Moderators: remo

Time to create page: 0.077 seconds