II Editor
05 May 2017
NEW ARTICLE: The week ahead: BT, Centrica, Derwent London "Monday 8 MayBritish Gas owner LSE:CNA:Centrica kicks of the week by updating the market, and investors will no doubt be looking for any outlook statements, with the general election just a month away. UBS already nailed its colours to the mast a ..."[link]
Footie Wootie
27 Oct 2016
price If this falls much more it will become a take-over target!
Footie Wootie
10 Oct 2016
Why??? This was massively over-sold immediately post-the Brexit vote, but why is it now slipping back to those levels again?
onedb1
07 May 2015
Still waiting As mentioned a few weeks ago am still all out on one of my favourite shares Elections causing the uncertainty all over the market . Will wait for tomorrow's results and Monday reactions Maybe £33.1 today is a good re-entry , I felt the high of 36.3 was a bit of an over shoot and a premature high . I'd love an entry at £32.5 with one weight and if wrong £30 then £28.5 . No lower . Unless Labour/SNP taxes the country to infinity . ( should they win )
onedb1
16 Apr 2015
Re: The gift that keeps on giving Sorry for the very late reply am usually alone,here . 
wasn't expecting a post glad u r here though Buy on the dips but am now waiting to see the impact of the elections on commercial property too . If any that is . There may be none but I expect vol to increase in the next few weeks . I'll post a chart that may help this evening . ( note that I trade this and don't hold physical ) I spread bet as this trend has been amazing . Your FAst trade seems to have gone quickly in the money . Well done there ookfly .
ookyfly
13 Apr 2015
Re: The gift that keeps on giving onedb1, would you buy at this level, or wait for a retrace (to what?). Ooky
onedb1
10 Apr 2015
The gift that keeps on giving One of the best trending stocks out there , easy to trade and yet nobody posts on this bb !! Chase the AIM stocks but this is and has been a good stock to just follow and buy the dips. the least complex stock I can think of 
) You can lead a horse to water .....
onedb1
31 Mar 2015
Re: Too expensive GoonerBoy Have you kept your short open all this time since the 05-01-15 post ? Just asking as that would have been quite painful to hold on to . I never understood your rationale as this chart is pure trend trading at its best . I am hoping to see a further dip , as all dips are good to accumulate on here , yet it may have gone a little too high on valuations for me when its passed £35 , too soon in my view . I am the only one posting here for ages, which is a shame as this stock has provided me with multiple trades . I would have easily shared them . But no one is here .
onedb1
20 Feb 2015
Nice retrace . The stock pushed high a bit too fast in my view . So this retrace should target a similar pattern as we have seen for years now !! far my NUMERO UNO stock to trade this one. I will hopefully find time to post my TA to show the next re-entry point if you are out . We are still far so don't worry . It won't happen today For those short then the next level down is the 38.2 retrace and then the mean reversion of this last leg up . The last chance to go long will be the 61.8 ! Though like in many previous situations this has been a quick intraday movement so one needs to be quick For the longs at the moment , I wouldn't worry . I suspect new highs will continue into the year probably 3450 , so any dip is a beautiful buy signal . Just wait though as in my view ( no advice whatsoever ) all retraces have fallen between the 31.8 and 61.8 retrace level . So at the min wait for a mean reversion to happen i.e. 50 IF shopping and household commitments allow it I will post my chart . In my view this is one of the best shares to trade and hold . No doubts . It gets carried away , retraces , and then resumes. For years now . The fundamentals are good too and easy to understand . Am out and will hopefully get my retrace right again. All the best
onedb1
02 Feb 2015
Interesting how a second insti / hedge fund has now a position over 0.5% short on Derwent . Looking at the sector I could not but notice the following short interest in Zoopla , Quindell , Savills and Foxtons / What baffles me with the Foxton short is how late to the party these pro's seem to be . Gosh I went short at 375 ! wasn't that the most obvious short in the market ? ( at the time ) Gives me confidence that the so called pros are yes more capitalised that me but performance wise I have to wonder . Am waiting to see if we get a retrace on Derwent , would be nice for me to reload starting at 3100. A light re-entry point . The chart looks toppy for the bull side I think . IF the trend continues I'd expect a typical 0.5 or 0.618 retrace to reload for the next highs and get confirmation of renewed bullishness . Till then am out
onedb1
27 Jan 2015
I called this well its seems So i got the high ( almost as I sold at 32,52) , I think there was a bid at 32,60 so ok 8p short but hey I still made 52p here .Now I am looking for a re-entry . I'll be looking closely at these levels : 3120 then 3181 ish ! Not an exact science but those levels are the typical retraces we have seen on Derwent for ages . The targets for both will be new highs just over £33,00 . So I now just sit and wait for the setup to come into play FTSE is falling a bit too and as we are pretty well correlated ( beta of 1,1 i think) I'd expect Derwent to show some weakness before renewed buying Lets see )
onedb1
26 Jan 2015
Timing of my sell was not perfect I could have earned another few pennies today , am seeing 3256 bid now moved down as I type and not hitting 3249 ( so my sell was not too bad at all ) But it looks toppy . I'd love to see another dip ( as per the multi year upwards trend) to go long again . 74 on the RSI is always a little hard to recommend as a buy from me I would like to see the dip to what we have seen recurring time and time again. I will post the re-entry . I need this new high to be established to then set a view on the retrace ,which if it follows the usual pattern , should be somewhere alone the fib 61.8 retrace of this leg up. At the moment somewhere around 3085-3095 , rough view . That is where I'd go long unless the FTSE 100 tanks massively . But as the business is very straight forward as the revenue streams are , I'd have no problem in holding them . Note mine are short term views , Fib retraces , trend trading , etc not Hold and sell 2-5 years down the line views . So investors will have less interest in my view unless searching for an entry point All the best
onedb1
25 Jan 2015
Week ahead As I sold my stake at 32,52 on Friday , I will be looking at buying back on a dip . If we get a higher high am ok , I don't think I have missed out as the risk reward now is not what I like . I'd be very happy to see a dip here must admit , and then re-trade . So a case of staying patience for the trade to come my way
onedb1
23 Jan 2015
My buy and sell points for anyone interested This is a nice chart to trade , trending up and no real surprise volatility in this share .Buy on dips i.e. on the a price cross 10sma or similar or low RSI , back test to get the perfect SMA and RSI level ( for those who can ) and sell on the new highs .I have a simple Linear Regression Channel with 1 ( or 100%) as my guide . Plot that as it tells all the story . Its a higher high type share so we know that till the trend is broken we can place stop losses at easy obvious points . Short interest is at the moment negligible and the business is pretty easy to understand as the revenue stream ! i make P/E at a bit over 6 . So would not agree with an expensive view too Broker estimates of recent are as per by post below Anyone interested in sharing detailed entry exits , let me know I will respond to equally minded traders )At the moment purely as a short term trade I went long at 32,00 and will sell now at 32,52 . I wish to re-enter on a dip . I am just following a pure RSI 70 to 30 and vice versa and am looking at MACD bars and moving averages , no rocket science here / I could be wrong for a few days as RSI is not a total perfect indicator but the correlation here is good. But in general terms this is a long and hold till the trend stalls or breaks , the chart is super clear .I will re-buy on a dip as this will range higher and dip etc etc ( I also look at the obvious Fib pattern ) happy to discuss if anyone is interested
onedb1
22 Jan 2015
looks to me that this is a great Trending chart. great for the Higher Highs followers and buying on dips till the trend gets broken I would buy on dips here instead of choosing a short strategy A few brokers have issued updates today and in the last few days DB has target 3410 BNP 3750 Jeffrries 3280 On the short side I noticed that interest is not that high at all , so to me purely as a technical play this is a buy on dips So stay long till the higher high then buy on the 10sma or lower . The art of trading trending stocks is first to not go against the obvious trend and then to understand the dip re-entry . So am going to get some levels here and follow this . I like this chart indeed
