do you think it would be possible to program a screener to pick out bias changes geo?
i wouldn't have thought it impossible.
hey minch, you're not de-railing it at all mate.
DISL which i sold recently had a nice 40% rise yesterday, which i'm obviously disappointed missing out on. also if i had actually held onto INGG, i'd now be 20% up on my position.
got to learn some patience before i get back into things.
saying that i couldn't resist buying SEO a few days ago, its an absolute pig of a company that's never made any money, but was sitting on such a strong trendline that i couldn't help myself...currently up 12% on my position.
hope everyone's trading is going well.
Dr B - are you still watching LSE:GAS? It looks about ready to breakout, although it is still on low volume.
SEO stop moved to +20 %
closed + 26 %
Not equities I know, but I thought I would post this as an example of a possible 4hr Long Bias change in play on USD/JPY, as per our prior discussions.
Wait for price to break above HrH 4, and look to play a subsequent retracement.
EDIT: Bias change now confirmed, price break above HrH 4,
Strong support In this area from a yr ago, 2 bounces from 87.12,
Apologies for derailing the thread fella's, but these are the set up's that we should be looking for, in our quest to be free from the all day screen watching arena.
Back to equities, im long Land securities @ 679 & Prudential @ 628 from yesterday (Tues).
closed + 26 %
Have you found an entry for $Y Minch?
I was looking at 86.919 - 87.583 (S1 to S2) for a long entry if it gets there. 87.475 aligns nicely with a 50% fib of the previous H1 swing, and is also the high of the 1st - yesterdays high and H1 bar of the 1st dec at 18.00 is the swing i am measuring, if that makes sense!
I'd be looking for a 1m bias change for confirmation, or 89 tick.
Good luck with Land Secs and the Pru.
Have you found an entry for $Y Minch?
I was looking at 86.919 - 87.583 (S1 to S2) for a long entry if it gets there. 87.475 aligns nicely with a 50% fib of the previous H1 swing, and is also the high of the 1st - yesterdays high and H1 bar of the 1st dec at 18.00 is the swing i am measuring, if that makes sense!
I'd be looking for a 1m bias change for confirmation, or 89 tick.
Good luck with Land Secs and the Pru.
Cable H4 looks to be setting up pat #2, tis a bit fruity though.
AUS USD confirmed H4 short bias today - i might start looking for an entry short at fib levels of the previous H1 and current H1 bar.
0.9240 + area might yield results