Bioseek Share Discussion Threads

[and then] 08/7/2011 08:48

I wont claim this one. I went back to bed this morning, despite knowing it was setting up, just couldn't stay awake after the missus had gone to work. That makes the drinks last night somewhat expensive! Still amazed every time that this predicts the TP. Nearly as good as 'the akinator' and almost as much fun!

[and then] 07/7/2011 22:04

earlier...




and then...




target achieved... et voila

[and then] 07/7/2011 15:14

Cheers Tony, i will admit to still learning tonnes more on a daily basis... the problem is each time scale has its own rules, so you have to study each for literally weeks to learn how PA changes and respects different rules. I never imagined it would take so much effort and energy to learn it all and like i mentioned somewhere before, it is like learning a new language. A new word can be read, but forgotten quickly, its only after using it repeatedly that it sticks... this is just the same...

After trading the break-out on the 15min that i have been waiting for today, i baled out after the first strong rise, banking a good dose, (but before target). Then by switching to the 1min chart it was easy to get the bottom of the pullback and trade it again for more pips, (and much tighter stops)...


This does get addictive, but i'm bloody knackered now and gonna have a cuppa...

[apex] 07/7/2011 14:55

And Then - Excellent info and great trading today!

[and then] 07/7/2011 14:17

Earlier prediction after analysis...



and the update...

[spaceparallax] 07/7/2011 12:05

Who cares whether you or your acolytes care?

[david123456] 06/7/2011 16:10

regarding post 511, who cares whether you agree or not. LOL!

[spaceparallax] 06/7/2011 09:15

couldn't agree less. Moreover, you are clearly not a shareholder.

[and then] 06/7/2011 05:58

Ok need to put print to paper! Yesterday was a real ball ache of a day and i have to record my thoughts as to why.
Looking at the charts from yesterday for the Audi; it started with recognition that the last HL (find it by looking for the last significant spike down prior to the current highest peak), had been breached to the short side. Normally my favourite set-up, with a standard pullback flag and then trigger short, (as hinted at in post 314 and suggested in post 316. However, i had to take a contrary view once the 5min trigger didn't work. This then became a 123 reversal of which i traded correctly for 15 points.
The rest of the day i kept with the conflicting ideas that the Positive Divergence coupled with the 123 reversal pattern and add to that the 3 push possibility kept me looking long, whereas i still couldn't ignore that a flagline had to be broken and a new low printed...

Well, look what happened! A consolidation day with a horrible algo that gave triggers both directions, but rarely any points. Unfortunately by the time the sideways channel had been noted, most of the day and plenty of failed trades had passed.
Incredibly, i ended up getting both my chart predictions, (well sort of!), It took all day, but finally i got my flag break short, however, no new low, in fact it left the 123 in tact. This was a great signal that the direction was long, however, mental fatigue had set in, (don't forget i'm 2 hours ahead here!) and any vision had long been sapped from the mind!

Just to sum it all up, here's a chart!



I actually missed the flag break, but there was a typical 15min 1:1 R;R set-up giving 20 point stop/target and hit to the pip, however, i didn't like the way the flagline kept changing shape through the day, with several small false outs, so had given up on it before then...

[petersinthemarket] 05/7/2011 19:49

I note that house broker Daniel Stewart has consistently recommended a buy and during the past 12 months has increased the target share price from 19p to 21p to 30p.

30p seems light years away from where we currently stand.

I am reasonably confident about atd prospects but my figures dont suggest anything that high.

Has anyone seen a copy of the DS justification?
If so, could you please post it?
tks, pim

[petersinthemarket] 05/7/2011 19:28

>>buywell2 - mny tks for response.

But let me press you again to note my first point:

''If you (or the chart) are right then we should all sell up today and buy back at half the price later.''

coupled with your reply:

''....they tend to be more self fulfilling than not .....circa 70% of the time''

Are you an atd holder?

If so, under the circumstances, are you selling up for now or do you propose to sit and watch your investment fall to 5p (70% probability).

As stated earlier, due to fundamentals, I dont personally believe the 5p prognosis and will be sitting tight but I would be most interested to know what course you intend to take. We are in this to make money, arent we?

All comments welcome.
regards, pim

[and then] 05/7/2011 15:18

Despite the earlier chart analysis, i cant help thinking it will still end up my fave set-up, but on a slightly longer time scale... Markets having a consolidation day after the drops in Asian session, no point looking for the correct direction, let it come to you...

[and then] 05/7/2011 08:50

and then - 5 Jul'11 - 06:16 - 74255 of 74278 edit

Looks like shorts could be the way today...
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and then - 5 Jul'11 - 07:15 - 74260 of 74278 edit

possible reversal 123 on Audi, may have to retract my earlier statement! watching!
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and then - 5 Jul'11 - 07:23 - 74262 of 74278 edit

And here's the chart to help explain a little further, (hopefully!)




and then...

[buywell2] 04/7/2011 17:30

pim

Computer trading platforms use charts to get the data to decide buy and sell points

Which is why they tend to be more self fulfilling than not .....circa 70% of the time

[and then] 04/7/2011 14:47

Here we go. Didn't trade this one as it didn't satisfy all criteria, however, target would still have been hit to the pip...

[swingitbaby] 03/7/2011 23:57

Keep up the good work mate. And the knockers :))

[joe moon] 03/7/2011 19:04

would you agree yuro has to hit 14320 this week to fill that greek news spike down

[joe moon] 03/7/2011 19:00

i have seen a lot of your charts work out very well... unfortunately you wont get many slaps on the back on fx thread as most are trading against the trend and loosing ...in the uk we dont like winners...you will just have to be happy with the money