Indus Gas Share Discussion Threads

[bleunose] 24/8/2009 23:08

Index Value
Day's Close 4,896.2
Previous Close 4,850.9
Previous Open 4,738.1
Change +45.340
% Change +0.93%
Volume 901,000,000
Index Activity
Day's Open 4,881.2
Day's High 4,911.4
Day's Low 4,868.9
20-Day Close M.A. 4,692.2
50-Day Close M.A. 4,463.1
65-Day Volume M.A. 1,070,723,080


from british bulls site

[snap23] 24/8/2009 23:04

does that work for the markets bammbamm??

[rs2ooo] 24/8/2009 23:00

bluenose,

The only Indicator standing out right now for me is the gravestone doji created on todays Indice cash charts.

A Gravestone doji on a Monday is often a good sign that the week will end as a bearish engulfing.

However, the pattern tends to be more accurate during times where the market isn't being pumped with fed money.

[snap23] 24/8/2009 22:59

Yes saw this thread a while back been very good for information,liked RS2000's MACD 3 strikes for a downturn very good.Also liked the websites that have been posted and it give the information what to look for etc.

[bammbamm] 24/8/2009 22:58

bleunose, could I add something to your post on stochastic?

Using a slow stochastic set 14,3,5 on a daily chart it can also measure a trend getting stronger.
If both readings stay above 80 for 3 or more days the uptrend could get stronger and not be overbought. If below 20 for 3 or more days the downtrend could get stronger and not be oversold.

Here's an example:

free stock charts from www.advfn.com

[bleunose] 24/8/2009 22:38

fingers charts what a decent bloke

[bleunose] 21/8/2009 16:31

i like gaps they work . i use the end of day ftse closing price as my target if other indicators line up . as price moves out of hours from 4.30 close itt creats a gap up/down the next day which can be used as a target to get filled




Fast Facts

In general, as the size of the opening gap increases, the probability of the gap closing in the same trading day diminishes to a certain threshold.

During the trading day, after a certain period of time the longer a gap remains open the less likelihood it has of filling before the close.

Most stock index futures and stocks have a gap "sweet spot" or range in which the probability for closing the gap is relatively consistent throughout the range.

The key to successfully trading gaps is to identify these sweet spots by analyzing the data and trading it accordingly.

Unfilled gaps can act as targets for future price action.

The longer a gap remains unfilled, the less significance they have for attracting future prices.

In many cases once the gap is filled, price reverses and trends in the opposite direction.

Opening gaps in stock index futures that gap open in the upper/lower range of the after hours globex session have a high probability of turning into professional gaps which will continue to run instead of closing.

Gaps that occur on low volume have a better chance of filling then ones on high volume.

Huge opening gaps in individual stocks will generally need to consolidate before they start to fill and may continue lower till they bottom and reverse

[bleunose] 20/8/2009 18:05

20 trading rules

[bleunose] 20/8/2009 17:42

stochastic

Fast/Slow Stochastics
Calculation :
The first parameter is the number of days used to calculate %K, the second is the number of days to be considered for the moving average of %K (generally 1 for Fast Stochastic and 3 or 5 for Slow Stochastic), the third is the number of days to be considered for the moving average of %D.

Interpretation :
It is an overbought/oversold indicator depending on its position relative to the 0 level.
It also gives good divergence signals.
A bullish divergence occurs when the stock price makes new lows while the Stochastic fails to make new lows.
A bearish divergence occurs when the stock price makes new highs while the Stochastic fails to make new highs.

[ramage] 20/8/2009 11:02

positive comments in Shares mag today will bring this to the attention of a few extra PI's.

[bleunose] 20/8/2009 08:13

some trading tips (thanks noon)

[bleunose] 20/8/2009 05:59

well it took it to the gap then on ftse



bleunose - 18 Aug'09 - 18:39 - 41 of 42 edit


21.00 print from mon = 4642 (cash)

[bleunose] 19/8/2009 22:54

FTSE
R3 4744.21
R2 4716.21
R1 4701
PP 4673
S1 4657.79
S2 4629.79
S3 4614.58

[tenapen] 19/8/2009 19:13

Short Term Indicators Average: 100% - Buy

Medium Term Indicators Average: 100% - Buy

Long Term Indicators Average: 100% - Buy

Price = 310.0000

Support = 276.6667

Pivot Point = 301.6667

Resistance = 326.6667


NO ADVICE intended,

The ratings can change and a 100% buy could become a hold / sell very quickly.

[square1] 19/8/2009 09:33

I see Arden are suggesting a possible doubling of NAV on latest discovery, which is nice :-)

[bigboyo] 19/8/2009 09:17

I would be ecstatic if this followed the trajectory of cairn !

[bleunose] 18/8/2009 17:39

21.00 print from mon = 4642 (cash)

21.00 hit in futures 14.52

[bleunose] 18/8/2009 17:15

R3 4,817.60
R2 4,760.07
R1 4,702.54
PIVOT 4,656.44
S1 4,598.91
S2 4,552.81
S3 4,495.28
figures from live charts

[bleunose] 18/8/2009 17:03

right just a few figures for the ftse

Last weeks close = 4714 Friday 4.30

Mon Close = 4645.

Tues = 4685.8 + 40.8 @4.30 Close High = 4688.2@11.57
Low =4645@08.00

So we have a gap at 21.00 print on friday not filled which is a good upside target 4748

Price action rallied up to futures high then tested it 5 times before hitting target 21.00 print @14.50 then turned up to futures high again where it has oscillted most of the day

[par555] 18/8/2009 15:31

Defying gravity at present !

bigboyo - Hope you're right !!

[tenapen] 18/8/2009 14:55

Just happy biboyo,
my first big riser in a while.

Regards.

[bigboyo] 18/8/2009 14:42

is everyone thinking cairn growth profile ?

[square1] 18/8/2009 06:15

Given the existing contract with GAIL it really is something of a 'free ride' on further gas discoveries, which is nice :-)!!!

[tenapen] 18/8/2009 06:10

Drilling Report

:cheers:

[tenapen] 17/8/2009 15:22

Up again WOW.

With DOW down 200 points

The FTSE down 81 points

I had expected to see INDI retrace some of last weeks big gains, None of it

Im not selling so I'm easy either way.

regards.