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GKP
12 years 11 months ago - 12 years 11 months ago #5293
by Tejassi
Sorry posted twice in error 
I can see it prefectly
SirRichardBunson
Hope you can see Remo's chart better now
Plus what Remo Wrote
Well ,this is still in the range(22points range) and now the set up for the 123 low is here but you cant second guess them as thats considered gambling. For the bulls to be in control it has to finish above 190 .If this goes above 190 then this should move fast above and that will also create the first higher high which is needed to be bullish.This should then head towards 212.(depending on where it breaks out of the range from)
You can see from the chart that its still creating lower highs so the bulls are not in charge just yet.
Ive seen so many great shares with great potential get wiped out. Hense why technicals give you the edge as it leaves the emotions out of the game. Dont get emotionally attached to any share and have a trade plan.If you want to succeed in the markets then you need to have a diversified portfolio. NOT ONE OR TWO SHARES.
I do understand the emotions with GKP
Been there myself but now i just go with the flow. The reason i got emotionally attached to this share is due to my initial entry from 12p days. Once a share 10 bags and above its hard to let the emotions go
I know a lot of you are also in the 10 bag and above club.(due to the days from the private bb chat) GKP will always be my favorite share due to this funding my deposit for my house
anyway im diverging as usual.
I can see it prefectly
SirRichardBunson
Hope you can see Remo's chart better now
Plus what Remo Wrote
Well ,this is still in the range(22points range) and now the set up for the 123 low is here but you cant second guess them as thats considered gambling. For the bulls to be in control it has to finish above 190 .If this goes above 190 then this should move fast above and that will also create the first higher high which is needed to be bullish.This should then head towards 212.(depending on where it breaks out of the range from)
You can see from the chart that its still creating lower highs so the bulls are not in charge just yet.
Ive seen so many great shares with great potential get wiped out. Hense why technicals give you the edge as it leaves the emotions out of the game. Dont get emotionally attached to any share and have a trade plan.If you want to succeed in the markets then you need to have a diversified portfolio. NOT ONE OR TWO SHARES.
I do understand the emotions with GKP
I know a lot of you are also in the 10 bag and above club.(due to the days from the private bb chat) GKP will always be my favorite share due to this funding my deposit for my house
anyway im diverging as usual.
Last edit: 12 years 11 months ago by Tejassi.
The following user(s) said Thank You: wild13, SirRichardBunson
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12 years 11 months ago #5294
by Food4Thought
Replied by Food4Thought on topic GKP
Gotta agree with all that general stuff Remo, especially emotion. Emotion has been the death of many a trader. A lot of people have made a fortune on GKP, but no need to stop doing it.
I have the sp sitting on top of the down trendline from 450 but within the channel. the test will come when the broad markets dip again but TA still looks promising to me. RSI backtest may be necessary.
uk.advfn.com/p.php?pid=chartscreenshotsh...W9sCAJ+RsUoRxfWiPpVs
F4T
I have the sp sitting on top of the down trendline from 450 but within the channel. the test will come when the broad markets dip again but TA still looks promising to me. RSI backtest may be necessary.
uk.advfn.com/p.php?pid=chartscreenshotsh...W9sCAJ+RsUoRxfWiPpVs
F4T
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12 years 11 months ago #5296
by SirRichardBunson
Replied by SirRichardBunson on topic GKP
Tejassi
I can get the chart okay by double clicking and it enlarges out but its the script I cant get as per my attachment earlier shows, thanks for the upload though.
SRB
I can get the chart okay by double clicking and it enlarges out but its the script I cant get as per my attachment earlier shows, thanks for the upload though.
SRB
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12 years 11 months ago #5297
by Tejassi
See my second post for the script - you will find what --> Remo Wrote <-- Sorry if that's not what you wanted - just trying to help
The following user(s) said Thank You: SirRichardBunson
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12 years 11 months ago #5298
by SirRichardBunson
Replied by SirRichardBunson on topic GKP
Tejassi,
Its was a great help to have the full script to go with the chart, many thanks but I cant understand why I dont get the full picture , must be the gremlins
Thanks again
SRB
Its was a great help to have the full script to go with the chart, many thanks but I cant understand why I dont get the full picture , must be the gremlins
Thanks again
SRB
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