BG.

Geela,

It appears to be sitting on some "support" at 1072p. I still have some entered from 1001.5p and took profits today at 1079.5p so I felt comfortable with 1072p

If 1072p breaks I have stops at 1069p and buys set at 1051p.

I would be nervous of entering at this time because it is not at a real support or resistance level.

Good luck with a good entry

BG group is moving sideways now. This is good if your long as sideways move helps a share to build strength.
Shares can't just go up .
There's also a 123 low forming and the signal will come once the recent top gets penetrated . Obviously this 123 low is just a confirmation for us people that have been in this from £10 area. I'm actually happy this has started to move sideways to down as shares that move really high to quickly usually drops just as fast. I'm hopeful that we have seen the bottom of this share. As long as the price does not fall below 1025 then I'd be happy with a correction.
This is a free trade for me now and my stops are below 1025 .Even if I get bailed out at that price I'd still be happy as its a free trade.
Obviously I want this to go a lot higher now and will look to top up on a breakout of the 123 low with stops below the 2 point.

Dyor

My stop got hit at 1060 just below 23.6 retracment fib of the recent rise, and I will wait for it to drop to the 50% or 61.8% to re-enter, my thinking is this could be a wave 2 and it may retrace right down to near the low at 991.

So re-enter at 1035 stop at 991 for a position for wave 3.

dl.dropbox.com/u/43650856/BG%20Group%20-%2027th%20Nov.htm

I took profits again at 1078p. I saw resistance at the 1079p on the 15 minute chart.

Have placed an order at 1068p which i think may get filled on the lunch time drop.

This appears to be a good share to trade. Originally I wanted to trade it from 1000p to 1200p but if I can keep taking profits and getting in lower I can multiply my 20% target.

I think I have reached about 9.5% so far which is very good on 5% margin. Every trade has made money and temporary losses have been kept to much lower figures than I am used to.

Less stressful trading this type of shre although I would have hated to have been a holder at 1300p to sub 1000p. I am glad I took profits around 1248p last time.

I am maturing as a trader.

Good luck with this one.

Hi Remo et al.
What do people think to BG?
Is it building up strength or something else?

rt6.t.prorealtime.com/ProRealTimeNew/sho...31e5273e722a7bfbaae&

the bollinger bands on the hourly are really tight.
It just seems to be stuck.
Its stuck between EMA10 and 20

It made new high today and triggered my order for 123 high so hoping for 1175 as next stop unless there is 5th wave down to come yet..