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FiringSquad13

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Everything posted by FiringSquad13

  1. The IG Academy App is very good for anyone new to trading and investing. Practice on the demo account and see where you go right and where you go wrong. For me, reviewing your trades is essential to success. think about why you entered and exited the market at that particular time. And what would have happened if you had let the trade run longer. I did that and found that I was entering the market too soon and didn't wait long enough for a chart indicator to fully form and confirm the trend.
  2. The daily and 4 hour chart looks very bullish to me. There is support and a triangle is forming with higher bottoms. Could test the resistence and make around 300 points or so from here.
  3. AIM can be a good market to trade but the biggest advice I can give is this. Make sure you spread the risk across different stocks and sectors. And always use guaranteed stops. AIM will generally move quicker than shares on other markets. A lot of share traders will try bottom fishing but I think this is really risky. From my experience AIM shares tend to move more on fundamentals and sentiment than on the charts.
  4. Bullish trend still showing but I think we could see a pull back in the short term towards 6100. I think we will see some big moves across the index getting closer to the EU referendum. A busy ahead with earnings releases could also make things choppy.
  5.  Good question. I think the 3 hardest choices to make when trading are Deciding what to trade When to enter the trade When to exit I suppose it depends what kind of a trader you are. Do you trade based on fundamentals or using technical analysis? I tend to trade using TA. A simple way to trade might be to buy on the lows and sell on the highs. More advanced techniques might be using some other indicators such as the RSI. Buy when it drops to 30 and sell when it crosses 70. But my best piece of advice ........ go with your gut instinct. If you are thinking that a trade is about to go against you, then close out. Any profit is good.
  6. Thanks I'll give it a try when I'm next on the platform.
  7.  thanks for that. I currently get them through my bank but Im closing my trading account with them and was looking for an alternative. My bank email the text of the RNS rather than just alert. Do investigate do that too?
  8. I think it would be a real improvement for share traders if RNS alerts could be available. Either by mobile push, email or some other alert. Are there any plans for this?
  9. I think the rally of the last 2 days will be short lived. Still bearish on the FTSE. One to watch for now ....
  10. Things not looking good for the FTSE. If 6030 goes I would expect a drop back below 6000.
  11.  What is really frustrating is that I could see it happening but didnt put the trade on. Actually ended up having to close a few trades today that went against me.
  12. Morning I have a problem with the dealer platform that when I get a quote (stockbroking) I do not see more than 2 decimal places. However on the mobile platform I do. For example, on the delaer platform I get quoted 2.05 on the mobile I get quoted 2.053. See below: Is there anyway this can get sorted so that the price precision is more accurate on the dealer platform. Thanks
  13. Been watching this pair for a while. The hourly shows a bit of support around 12300. A move upwards could see 12340. One to watch if it breaks the support. (Hourly chart)
  14. FTSE chart not looking good. A break below 6250 could see a big drop. This is the 4 hourly chart. If Wall Street closes down tonight I would be watching this to move down tomorrow. Bearish on this one at the moment.
  15. I have never traded Bitcoin but look at the move on this.
  16.  what are you trading on binaries? Also what timescale do you tend to trade? It is something that I have never really traded and am not exacly sure exactly where to start. Any tips?
  17. I am receiving these alerts. Im glad it is not just me. I thought I was starting to lose it forgetting I had set them
  18.  I wonder how many have bought GLEN recently and thought they picked up a bargain. Such a big company but I just keep thinking about African Minerals (AMI) and just cant seem to find a reason to buy this yet. Timing on this one is key.
  19. You also have to consider the measures introduced by the government to increase new home builds. Also relaxed planning laws. I would expect this would continue to boost the sector.
  20. Im watching Glencore too. I think it has a bit more to drop. Changes in the stregnth of the dollar will be what dictates where this goes short term.
  21. Well below expectations. Although overall jobless figure down to 5.1%. I cant see a September rate rise now. More likely December.
  22.  I suppose this is like looking for a piece of hay in a giant stack of needles but I will go for 210000.
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