Shield Therapeutics Share Discussion Threads

[bracke] 16/4/2014 15:15

Ref fx Thread

Unfortunately few give reasons for their trades/opinions. You will have observed those who do.

AlfG is posting today, he does not often do so but is well worth reading.

As far as plotting the best lines, all I can suggest is reading, read wernluck's posts & charts and post your own attempts for wernluck to comment on.

[babywolf] 16/4/2014 15:06

As its relevant, am posting some of my last post on wernluck's SEE thread!

[babywolf] 16/4/2014 15:04

I'm sure that's not true Bracke - am sure you're much further ahead - I haven't really started it.
I was still appraising who was credible on the FX thread and noted that there seems to be no technical analysis going hand in hand with trades posted - other than wernluck's. The median line being hit 80% of the time was heartening to read yesterday and I've also noted wernluck once saying "stops are everything to me".
I think Ken's somnus programme has some success - when he has posted a somnus alert, it has seemed so off base but was proven to be valid within a time frame of a couple of days.
I have also watched Oscar Carboni's pretty crude appraisals on line - he gets it wrong half the time - wernluck is MUCH more accurate. I realise there is a wealth of information on line and knowing what to learn and to dismiss is important.
Re the pitchfork method - I really would like to learn how to plot the best lines and give myself accurate guidelines to adhere to.

Sorry for the rambling!

[bracke] 16/4/2014 14:50

Babywolf

Moving house is a 'pain' especially if you have to do a lot of work to the new purchase.

The PF Method does appear to work well. wernluck states that the median line is hit 80% of occasions.

You will probably have realised that wernluck operates a r/r ratio of 1:3 which restricts the number of trades but greatly restricts the possible losses.

It will take you some time to get to grips with the detail of the PF method. I have been attempting to do so for approx 6 months so not much further ahead than you are.

[babywolf] 16/4/2014 14:37

Hi again Bracke
Am in a quandary financially but have to live somewhere and wont make the mistake I made last time ie sell my home, then be nomadic, then find somewhere that had unforeseen issues with renovation. THis time, I will find something I like first that might need only a cosmetic makeover. Although London property prices have galloped at breakneck speed, when I lived outside of London for over 2 years - nice places like Hampton Court, Epsom and Oxshott - I did miss London and my close friends. Doing nothing right now other than slowly complete my present flat.
Trading wise - I would love to master the pitchfork method - wernluck's charts have been uncannily accurate each time - grateful once again for forums such as this - thank you bracke!

[babywolf] 29/3/2014 11:32

Thanks Bracke.

Just seen Jon's post on FX re Mondays being buoyant days - I would like it if this coming Monday was another one..

[bracke] 29/3/2014 11:20

Good day Babywolf

Hope you resolve your issues soon.

Ref The Options

Yes although there is another possibility. c) A bit of both.

[babywolf] 28/3/2014 21:34

Good evening Bracke & Penycae

Good to read your posts above.
I'm still here but not very active as there is so much else to attend to at the moment.

Re your post above Bracke. Presumably the options are
a) the DOW is going to trade lower
or
b) the FTSE is due to trade higher?

[bracke] 28/3/2014 10:59

Good day Penycae

All ok with me. Trading very carefully in a market which see the FTSE somewhat detached from the DOW. Sooner or later that will be resolved.

[penycae] 28/3/2014 10:07

Morning bracke! Had a lot on this last few months,so I've just been trading shares.
Not been posting much,but doing OK on the low risk stuff. Not at home at the moment, so using an i-pad. Amazing bit of kit.
Hope all is well.

[bracke] 27/3/2014 18:02

Good day Penycae

I trust you are well.

You have been conspicuous by your absence.

Babywolf appears to have gone walkabout and El C is skulking on the fx thread.

[penycae] 27/3/2014 15:49

Quiet on here.......

[babywolf] 10/3/2014 18:16

Sorry Bracke! I forgot to say that Accendo is part of IG

[bracke] 10/3/2014 18:14

Babywolf

That's IG ?

[babywolf] 10/3/2014 18:09

Hi Bracke
This link will put you fully in the picture:

hxxp://www.ig.com/uk/indices-contract-details

[bracke] 10/3/2014 17:58

Babywolf

Looked at Accendo. They appear to vary the FTSE Rolling Daily Spread during hours between 1 and 3 points. Have I read that correctly ?

[babywolf] 10/3/2014 17:55

Look forward to your thoughts Bracke re Accendo.
One big advantage is that their spread is no different to the live market and their platform has never given me a problem.
I so look forward to the posts on the FX thread that both you and wernluck post - and I mustn't forget Jon's too..

[bracke] 10/3/2014 10:21

Good day Babywolf

Never used CFD. I find sbet easier and above all No Tax.

I have used several S Bet companies but settled on Capital Spreads some years ago and found them to be ok. They have recently updated their trading platform which apart from the appearance has had problems.

I have never looked at Accendo Markets but will do so.

[babywolf] 08/3/2014 11:06

and I note how many posts on the FX thread are complaints about trading platforms. I am so pleased and have never had an issue with Accendo Markets - they follow the market the whole time and their deal tickets have never posed a problem

[babywolf] 08/3/2014 11:04

Thanks Bracke.
Have you ever used CFDs?
If so, why do you prefer to trade via spread bets?

[bracke] 07/3/2014 12:21

A spread bet.

[babywolf] 07/3/2014 12:02

Bracke - are you holding until June via a spread bet or via an option?

[bracke] 07/3/2014 10:47

Good day Babywolf

I have until June so will hold unless it appears that it is going to 'take off' again.

The last three occasions when the results were announced there has been a large rise which eased within six days.

[babywolf] 06/3/2014 18:58

I think I understand. I note Ashtead went down a little today so I hope it continues to do so and that you will gain 'personal' satisfaction.