UK Stockmarket 2009 and beyond

turbobob

sabretoothtigger wrote: »

I dont pay for anything extra myself but intraday data going back some months would be useful.
I was just reading someone saying they use IG index charts. Its free to setup an account I think but its spreadbetting rather then share dealing so data might be slightly different

If your considering end of day data it should be a vast improvement I should think

http://www.igindex.co.uk/spread-betting/resources-charts.html

Thanks for that. I have an IG Markets a/c and quite liked their advanced charting application. EOD does seem a bit old hat now I agree, but I guess adequate if dealing in daily or weekly timeframes. I'd want something I can do studies on (draw over etc) and have it save them so I can plan trades, hopefully

turbobob

The Shanghai Composite index had rather a bad day today (and has now lost about 24% from peak at the beginning of August). I think this is bound to have a knock on effect on other markets.

sabretoothtigger

Not sure how much shanghai matters to the wider world as its still risen 5x more then the sp500 has this year, double the performance over a year

A few people estimate its the start of its trend downwards.

dentist007 wrote: »

china market in deep doo-doo
first arrow is the morning close price
2066 is a price objective.ie another 20% down ish
daily data

uk_steve

I got the shares today as discussed before

but i got an extra share today

WICH

my estimate this will increase 50% In weeks or 6 mths max if you buy under 11p

time will tell if i am right or wrong ;-)



(the big price drop today is due to placing new shares for funding)

tonygee_3

Very Best of Luck steve
I SOLD MONY +75%
CTO +25%
LAD +15%
BA. a quick 5%

tradetime

turbobob wrote: »

Quotetracker - links in to ADVFN and MoneyAM data feeds on the UK side. Seems pretty good and is actually a trading platform (but doesn't work with any UK brokers). Needs registration ($60 p.a.) for full functionality - for historic charts over 6 mths and intraday over 2 days. Doesn't seem to allow programming of own indicators, but has more built in than you can shake a stick at.

What indicators are you trying to use with Quotetracker, haven't used the charting function, but will have a look at it

Broker wise it connects to Interactive Brokers and E*Trade financial.

turbobob

tradetime wrote: »

What indicators are you trying to use with Quotetracker, haven't used the charting function, but will have a look at it

Broker wise it connects to Interactive Brokers and E*Trade financial.

Hi. One of the books I've been reading is Come Into My Trading Room by Dr Elder. In it he mentions two indicators hes written himself, which he calls Elder Ray and Elder Force Index. I just wanted to have a look at them. Fortunately they are actually built into Quotetracker already

sabretoothtigger

How about this for an indicator, Ive not really managed to use it or even setup it up
Make any sense to you?






http://www.youtube.com/watch?v=GYOO_svKyJ0&feature=PlayList&p=57D1259C58BF9FAE&index=8


Sounds pretty smart to me in theory, think it needs some fancy trading station to get it to work




Heres one for the lazy people like myself Computer looks at all the TA voodoo and gives a rough summary. Here for example I tend to agree with it on SL however it seems very short term based imo (compared to human judgement)

http://uk.stoxline.com/q_uk.php?s=sl.l

Price and moving averages
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.

Bollinger Bands
SL.L has closed below upper band by 32.3%. Bollinger Bands are 8.9% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

What happened with RSA ? Its barely moved, no rights for now then I guess

tradetime

Ah ok, seems to have a reasonable range of indicators to cover most tastes.
Do you pay for data from Advfn?

turbobob

I don't pay for ADVFN but I do pay for Money AM L2 access. Its a bit cheaper than ADVFN.

STT will have a look at those later, can't use Youtube at the mo.