Bp Share Discussion Threads

[andysaw] 03/10/2015 07:36

If 360 is crossed, next stop would be 400...

[dlku] 03/10/2015 00:23

Oil Surges as Rig Count Falls
Rig count falls sharply in latest week

By TIMOTHY PUKO
Updated Oct. 2, 2015 3:11 p.m. ET
4 COMMENTS
Crude prices surged back to a one-week high Friday after the number of working U.S. oil rigs fell to a five-year low.

The move gives momentum back to traders who have bet that a historic collapse in oil prices is forcing the U.S. shale-oil boom to slow down. U.S. producers made their largest cutbacks in five months and have only 614 oil rigs working, the fewest since August 2010, according to oil-field-services provider Baker Hughes Inc.

[supermarky] 02/10/2015 17:57

Next stop 360

[badtime] 02/10/2015 16:58

Nice to see a close above 350

[bracke] 02/10/2015 13:33

Penycae

"safe bet with no worries following my return from holiday"
============================================================

We best draw a veil over that one!

I have never traded the CAC. Why do you prefer it to the FTSE?

Here is a link to the rugby ball embedded in the castle wall. Sheer vandalism !!



One can only assume (dangerous) that following the defeat by 'your bunch' the England team will be 'fired up' for the Aussie game. The ignominy of failure to qualify would be too much to bear.

[bracke] 02/10/2015 12:34

Good day Penycae

Lloyds, miners!!! Has monkey taken leave of his senses!!!

Whilst I understand the buy and hold thinking I have to query the timing. It tends to suggest that the worst of the fall is over but I am far from certain that is the situation. I do accept that the market could rise higher before it drops. However at times like this I always think the mantra.

'Trade what you see not what you think'.

£150 a ticket!!!! That's a lot of cash to watch a game of rugby but made less painful by the win.

What chance England beat Australia.

[penycae] 02/10/2015 12:13

Morning all.

bracke - still holding. Got quite a few of these. Thinking of getting into Lloyds as well. No particular reason at the moment, but I think some long term buy and holds would be a sensible move. Just need a miner to complete the trio.

Off topic, went down to see Wales -v- Fiji yesterday. Good game, and the beautiful City of Cardiff was a nice place to be, but £300 for two tickets made the old eyes water. Mrs. P was happy though, so not a bad result.

[bracke] 02/10/2015 10:43

It's back to where it reached yesterday. It needs to push on.

[mreasygoing] 01/10/2015 18:26

Thanks for the chart bracke. I'll trade a few of my shares but plan to hold long term at this price.

[bracke] 01/10/2015 16:23

Penycae

Are you still holding?

I note it has reached two of your buy prices.

[essentialinvestor] 01/10/2015 16:09

Many thanks brake, much appreciated.

[bracke] 01/10/2015 16:07

EI

My apologies. I misread your post. The FTSE is more my cup of tea.

Today it broke through two minor highs and reached the third but all to no avail it has dropped back to where it started.

The probability is that it will drop to reach the middle black or middle red line. After that I don't know but a retest of the lower magenta line would not be a surprise

FTSE 4 Hour

[essentialinvestor] 01/10/2015 15:39

Thanks brake, it was the UKX I was particularly interested in.

[bracke] 01/10/2015 15:33

EI

I don't follow the DAX so I am not very familiar with it.

Viewing the Daily chart you will see that it is responding to the red angled lines. The horizontal magenta line indicates support.

Today it moved back up towards the higher red line but failed to make it and has dropped back. There is a fair probability that it will retest the magenta line which if it fails to hold will send it towards the next red angled line.

DAX Daily

[essentialinvestor] 01/10/2015 15:14

I've done little market wise today Mark as thought the morning mark
up may be faded, so the US close will be interesting.

[supermarky] 01/10/2015 15:12

Ei just trade the range UKx be interesting when it breaks either way. I've been doing well UKx recently with the volatility. I've been pulling out a little too early sometimes but generally happy

[essentialinvestor] 01/10/2015 15:08

bracke, any view on the UKX over the next few weeks?. thanks.

[bracke] 01/10/2015 15:00

On the chart above the share price needs to hold on to the magenta line and continue the move up. Failure to do so will suggest that the gap is not a 'breakaway' but a 'common'.

[supermarky] 01/10/2015 14:49

Hey I'll be able to afford a few bottles of Newcastle brown ale tonight

[bracke] 01/10/2015 14:42

mreasy

Is this what you want?

BP. 4 Hour

[trulyscrumptious] 01/10/2015 14:41

Gosh, is this going to multi-bag?

[supermarky] 01/10/2015 14:34

Lovely jubbly

[mreasygoing] 01/10/2015 09:53

Could you post the trend on the down days please for distressed holders.

[supermarky] 01/10/2015 09:42

345 then 360 Then into the 400's!!Trust me lol