Kendle International - meets criteria - trading at all time lows.  Buy up to $21.40.  Bit trap-door currently with spread.  Bought twice and lost twice - my losing trend continues - one which relates to the NASDAQ.  It may have certain advantages over LSE but if I cannot read it I will not prevail with it.

Canadian Solar - appeared to be trading before the bell - to do with time-zone?!  Gapped up.  All of my PR gone - ignore.

DSP Group - another share trading close to historical lows.  Usually scopes across the day.  Buy up to $5.50.  Not much action in the queue - is this due to the feed I am now using?  Q3 report released today which beats estimates. Should make this bullish but might need to be in at the bell for that?  Learning!  Another forecaster expressed negative sentiment towards their future.  Price has currently gone beyond my price range.  Vindication but means I have missed the boat?  Could reverse. Price continued on towards 25% increase!  Though I missed out on this I could still have made my PR at any time subsequent - but was that the benefit of hindsight or should I have paid more attention to the buy sell dynamics?  Just because I missed a buy level does not mean the price may not go even higher - does not mean it will either but can watch buy sell pressure to gauge this.

Both these shares finished the day about 5% up.

Rent-A-Center - another share trading at historical lows.  Ended up 10% yesterday.  Seems seriously undervalued.  If retraces many dollars to be made!  Price doesn't always scope but due to huge scope down it may continue to scope until returned to usual trading levels.  Disappointing Q4 forecasts have contributed to this fall.  Buy up to $14.  Directionless most of the day but did trend up in the afternoon - could have realized my PR.  Lesson is not to dismiss a directionless share in the morning - if it continues like this in the afternoon then remove from watchlist.

Currently experimenting with a tighter stop loss to increase risk-reward ratio - at current settings 1 profit would equal 3 stop losses which is very good but obviously not if they keep getting triggered reducing the amount of profit stocks.  Noise for example could impact at this level.  Will test it though.  Can adjust accordingly.  Another option is a 1:2.  First one got hit quickly!

Future will look to additional shares if shortlisted ones move against me.  May also assess whilst market in place to target shares that meet my requirements and continuing it into the trading day.

Two shares I chose realized my PR requirement - one though in a way I was not able to capitalise on, another I need to pay more sustained attention to into the afternoon yet the one that did not was the one I bought.  I need to think further about my final trigger decisions.  The buy and sell pressure itself is not entirely reliable - or is it?! - do I need to read it better or is it more about working with pre-identified buy levels and only making the final decision when the buy pressure is significantly ahead of the sell pressure?  But I have just indicated that is unreliable - is it unreliable though? - I need to assess this more critically.

Cleveland BioLabs - last two days share has ranged - not always a characteristic.  Crossed back the stochastic. 28.10 price rose all day.  Buy up to £3.20.  Price dropped back to £3.00 as of 12.41 US time.  A spread of 44 cents!  Would need to pay 3.44 to guarantee sale and that is above price range. Watch for learning.  Also after $3.00 next bid is $2.84 - is this an aspect of this particular share, of NASDAQ or Total View?  Liquidity is low - no transactions in over an hour.  Spread is now increasing.  How (un)manageable are wide spreads?  Buy and sell is about equal currently.  A buy order at  $2.84 could drop the price - buy opportunity at that level?  News item implying share price irregular and may be removed to a lower market listing!  Would have taken 3% but price movement and volume offputting.  The price increase yesterday was 56% (!) so less likely to have legs for the following day.  Better to ignore share in that range.  What range then?  Trial and error.   Will choose those with 10% yields and adjust by experience.

Steven Madden - meets criteria and price has been resolutely upward!  Even buying later in the day would have met my PR. However I am making no purchases today as missed most of trading day due to feed access issues. Would I have bought at the level though - had I opted for a lower price entry I would not have made the trade because it has trended above it.  With this trade though I could also say because it's price increase as been upward with no significant undulation I would have bought up to $19.50 and thus entered at $19.25 requiring £19.75 to meet PR.  Price is now at $20.50 :)  However I am not going to add this to my watch account because the day's price could have influenced my buying decision level.  Buy price at $20.15 - with a mental trailing stop I could have got out about $21.50 and made nearly 7% or £490 :)

Legal & General - the share I lost £170 on Wednesday on!  Crossed a stochastic today.  Made steady progress this afternoon having plunged in the morning.  Loss before was because I bought too high.  If buy here up to 68p.  Some big buyers in mid-sixties, no sellers after mid-seventies.  Share price tends to move slowly.

Euromoney Institutional Investor - another share trading at all time lows.  Stochastic today though lower down -upward movement, reverse may still be a few days away.  Movement over a day can be small but last three have seen greater movement due to selling, buying to counter this could also scope.  No sellers in the queue and buyers up to £2.39.  Buy up to £2.44.  Media.  Bought at about £2.30 - very little volume.  Will hold over weekend as only open position.  Price closed at £2.30 with no buyers in the queue.

The Restaurant Group - all time low price recently, recent stochastic.  Buy/sell pressure even.  Buy up to £1.12.  (Too cautious?).  Travel & Leisure.

Legal & General Group - another all time low price.  Stochastic cross.  Can gap overnight.  Buy pressure in queue - sells are not realistic.  Could be an early morning surge if no overnight upward price movement.  Buy up to 68p - again too cautious?  Price has passed point at which I could buy.  Wait for it to fall?  With no immediate sellers offers will go up but will there be takers - how many people have shares to sell at this level that would make profit?  Based on recent levels will buy up to 75p.  Life Insurance.

Bovis Homes - all time low 20.10.  Stochastic crossed and scopes on the day.  Buy up to £3.10.  First choice.  Household Goods.

John Wood Group - gapped overnight realizing my PR.  Passed my buy-point.  Buy was up to £2.20 and now £2.40.  Still possible - watch.  Currently sell pressure.

Charter - made 10% in first hour.  An argument for being up at the bell?  Now at £4.10 above my buy price of £3.80. MIssed the boat?  Still buy pressure though.  Still following its upward trend though but may have it its ceiling at this price level more attractive to sellers.  Even here though it is below historical lows.  Continue to watch.  Also in terms of my minimum requirements only now need one third PR.  Price slumped and stopped out.  Had I bought at the opening I could have made up to 14%!  I need to give myself the first few hours of the trading day to give myself more opportunities.  For the first time I re-bought a share the same day and made the reduced make-good PR!  Meant that I am £18 up on the day - better than being down!

This is my first loss on the day since 1.10 which is pretty excellent if I say so myself and should not give myself too much cause for alarm at this stage.  Because of a subsequent re-buy and re-sell of Charter I have changed a loss into a neutral :)

Nevertheless I paid the price literally for buying over my set level.  And I had an opportunity to buy under my set level early in the morning which had I taken I would have paid myself for the week.  Live and learn :)

John Wood Group - all time low 17.10.8.  Stochastic crossed.  Rangey last 5 days. Price can be quite sedate then rise sharply - but also decline as fast!  Buy pressure in queue.  Buy up to £2.20.  Oil equipment and services sector.

Charter - another share all time low 17.10.8!  Usually not much scope intraday but there is currently as it seems to be making good its price loss in steady fashion.  Price trended up most of last two trading days and plenty in queue waiting to buy.  Buy up to £3.80.  Industrial engineering sector.

Price declined a bit but overall rose and would have realized a second PR opportunity.  Noted price remained steady or rose despite mainly sell pressure.  I wonder if this is an indicator of off-book activity?  Could be a buy opportunity - if price rises despite sell pressure...coupled with how market-makers position their buy and sell prices.

QinetiQ Group - an interesting stock for me as price seems to zigzag often - certainly for the last week- and a number of those up swings present PR opportunities.  Difficult to read which blue signals are PR and which are temporary blip.  Not if choose a buy point?  Another share 16.10 reached its historical low.  Share gapped up twice overnight in last week.  Buy up to £1.66.  Meets criteria but is volatile.  Is price retracing overnight gaps or is price too oversold now for that to be realized?  Might be one I should paper-trade?  It is different when you realize it is real money - surprise, surprise!  Just follow my rules as I have been doing to date - of course I will continue to pick some losers and others that go nowhere.

This share was picked by mistake because I was looking at an alphabetical list!  Ignore.

In last hour would have made the PR and did note the opportunity however would not have made because of not likely to recover within the remaining time - as it happens it did but only just.  I could have bought it with the idea of holding it to early next week as space for this open position.  To think further about situations like this.

Mapeley - meets most criteria.  An incredible early morning spike!  Buy up to £7.10.  Double-stochastic! Second choice.

BlueBay Asset Management - stock trading beneath usual levels - most recent stochastic cross.  First choice.  Can gap overnight though.  Without todays spike price was very steady and not yielding very much at all.  This is characteristic of a number of recent trades.  Most gap up retraces a gap down so if it gaps down overnight it may get retraced before I have a chance - but if not then a chance to buy low and wait!  One to watch as much for learning.  Buy in mid 180's would give a PR it usually exceeds but has not in a number of recent days.  Be guided by queue too.

Greggs - a £30 odd share!  Trading beneath usual levels - buy up to £31.10.  Reluctance is that price needed though having been reached it is usually brief and whether I am able at this stage to react quickly enough.  Again will watch for learning.

JKX Oil & Gas - price fell back today below my buy point so bought. But queue indicates sell pressure so perhaps today I should have waited for that to reverse before buying.  Bought too soon.  Stop loss in place. On reflection the price increase yesterday was great and not too surprising that it has ran out of steam today - though also today is back to swimming in historical lows - nevertheless we are in a critical time and further lows may yet be to come.  I could have foreseen this downward pressure based on queue dynamics and should have left alone.  Then I would have one positive on the day whereas now I will have a positive and a negative and end neutral.  

DTZ Holdings - can buy at a number of price points - had gapped up today but still at a level when could be bought.  Currently sell pressure in queue.  Watch.  Very little activity currently - price not picking up - not positive that the gap will be covered and bounced within the trading day.

Yamaha Gold not available - explore why that is.  A Canadian stock - not indicated by Sharescope.  Be careful with this.

Wednesday has seen the FTSE lose ground so would expect less pickings.

DTZ Holdings - as above. No action in the queue.  Volume declined yet price increased.  Lower down the Stochastic.  Closed at £1.02 but most of that increase through the 90's at end of day - prior had been trading mid-eighties.  When price has increased has tended to be sustained.  Could therefore be bought at a number of price levels.  Price tends to undulate in a predictable fashion - today's recent price will either then continue up or be a one-off-spike.  Watch.

Dragon Oil - traded before with this share and failed to realize any profit.  Is trading under price though some sell pressure in the queue but higher than current price.  Had been trading in 150's during day only last hour or so it climbed into the sixties - might be running out of momentum.  Watch.  Buy in 150's.

Yamaha Gold - recently crossed stochastic.  Under usual price range - in fact yesterday was all time lowest point!  Low volumes - price today moved progressively upwards.  No action in queue.  First choice.  Buy up to 3.60.

Schroders - gapped up to £8.40 then continued rise up to £8.80 - so as predicted but again too late to take advantage due to overnight market.  Also adds to the saying I have heard bulls at night, bears during the day.

Heritage Oil - bought at £1.79 and price climbed quickly!  With trailing stop made me 6% double my requirement for all three shares for the day - nice.  

Additionally Afren returned to the level I bought it at and even passed into 60's again - sold at 61 and made £200 - so a paper loss but actual profit.  However this is an atypical share as I would not have bought it at the price I did - I only kept hold of it to make good my mistake for learning.  In a real situation I might not get that opportunity.

Standard Chartered - again gapped overnight and passed my buy target - however all four shares I selected were correct and all met my percentage requirement - not just that but exceeded it!

Should I monitor the other three - may as well for learning - and my other positions are closed so I can reinvest.  Have some interest in Schroders as though now at £9.00 it usually trades above this level and made £9.00 yesterday at peak.  Monitor.  However at 9 would need £9.27 and has not always achieved that recently.  Schroders movements may be due also to the fact it has been added to the list of companies who cannot be short-selled.  Note this also includes Standard Chartered!  Schroder price now up to 9.10 at 1pm - there is buy pressure but my observation is that this is not a reliable indicator and the pressure is slight - I will observe towards learning.  Share actually reached £9.30 but I would have been taking a punt on that.  I could only purchase at levels identified and where passed share to be removed from watchlist.  Only a few hours to days trade close so hardly unlikely any of these shares would drop to those level then recover to my percentage requirement!

Standard Chartered - higher up the Stochastic - more likely to be gapped?  Trading below most recent levels.  Volume declined but price went up. Rangy stock.  Price increased consistently across the day from mid-11's to high 11's.  Buy pressure in the queue - most sellers in the queue are waiting for higher levels with positions held up to over a month.  If bought at 11.80 would need to sell at 12.15.  All sellers in queue are wanting higher than this.  The level of 12.15 has always been achieved every day for the last few months other than these last two days.  Monitor early morning activity.

Heritage Oil - inbetweener on the stochastic.  Price ranging recently and trading below recent levels.  Price edged up on the day from £1.70 to £1.85 before dropping back below £1.80.  Buy pressure in the queue but in terms of the spread short-term could drop.  Buy up to £1.79.

Talvivaara Mining Company - an example of Stochastic crossing - buy up to £1.97 - buy pressure in queue.  Cannot believe one indicator alone can point this - time will tell! - but certainly if alongside other indicators as here then it might be.

Wincanton - percentage requirement reached in early morning trade - gapped up - now trading in low 200's having reached 214!  Buy and sell now even in queue - do not buy but monitor.

WH Smith - another share that has gapped - so as with Wincanton my stock-pick was correct but closed market-practice has conspired to keep me out.  Now trading in 350's having reached 360's.  Again monitor but only buy up to 3.42.  Pricing dropping back but unlikely to be reached.

Even ITV gapped up - I need to explore this further as this is causing my predictions to fail because I am not able to take advantage of the predicted rises.

Next batch of picks to include some more over-sold ones - have a mixture has suspicion those on way up stochastic are more likely to become gapped.

WH Smith - due to selling spree in general this share still to be considered - buy up to 3.42.

WH Smith - more sellers than buyers marginally - price into mid 30's - continue to watch, review to buy hourly.  Don't buy as price seems to have flat-lined.

Headlam Group - huge buy in queue - likely to cause an early morning hiatus but then could subside.  Should achieve the 3% I require.  Watch.

Wincanton - meets criteria.  Is at bottom of recent price but doesn't always range on the day - my requirement has only been achieved twice in the last 6 trading days.  Queue has a couple of sellers and no buyers...watch.

Will not buy any shares if I don't identify any that meet my criteria.

Legal & General - price fell marginally today - volatile share in terms of day price ranging, some buy pressure in the queue.  Would need to make a price it has not reached end of day for last three days.

Both I will watch and both are interesting in terms of learning.  Will watch Playtech's early trade first then join L&G after the early morning shenanigans.

Nighthawk Energy - meets criteria too.  Volume though much smaller - buy pressure favours it over ENRC.  Needs just one and half penny to get the 3% required.  I am tempted to buy this share just to observe the dynamics of buy and sell of less actively traded shares - easier or more difficult to read than more actively traded shares?  I would speculate that the effects of slippage are diminished which for a novice trader like myself protecting smaller margins makes such shares value-added.  As ever only way to find out is to observe and learn.

The decline in price is backed up by the sell pressure which is at odds with my TA.  I cannot dismiss the TA in itself but it is becoming more regular - I am wondering if some of the signals such as Stochastic are more for trend and in terms of next day I need to focus further up (20-30) where buying is underway?  Test this out.  Decision is to hold share to sell out by recovering commission - so wait for price to recover to about 17.45.  If not then will have to take some loss but less than stop loss.  If there is sustained buy pressure I will stick with it if it rises about this level but will sell as soon as drops again.  Will also look to purchase another stock.

HBOS - noted decline in trading volume 2.10 yet biggest climbing share of the day. Stochastic buy signal triggered and released!  Closing price 1.70.  Buy as low as 1.63 - concern any price lower may not recover on the day.  Only need about 5p profit per share to make percentage requirement.  Will watch buy and sell pressures to determine best exit point.  End of day pressure is downward but would need to see situation around 9.00am after the end and start of day frenzies have subsided.

Xstrata announced not to buy Lonmin at this time - I thought this would cause sell pressure on the shares but according to news item likely to cause buy pressure and sell pressure to Lonmin.  Uncertainty is removed and it may now return to previous value.  Continue to watch.

Bought at 17.37 as beginning to rise again - though subsequently dropped - note there is more sell pressure on this so perhaps I should have left alone until buy pressure (real as oppose to temporary upswing) kicked in?  It is all learning and I will stick with this share for a day or two as I believe under-priced and will go up - when rather than if.  It is fascinating and illuminating watching the price-feed in realtime!

Also note that markets react to rumour not news so would have priced  up prior - as indeed upswing shows - before pricing back down.  At 3.45pm price has dropped below 17!  As sell pressure was indicating!

Ended down on previous day's close but with more buy pressure - not sure though whether that is an end of day effect - will watch opening trade tomorrow by way of learning.  No reason why should buy at day start and sell toward day end - as long as transactions are within about 24 working hours of each best time to buy and sell is to watch and transact accordingly.

Had I stuck with sell pressure I could have bought for less than £17.00.  But still early days as I don't know yet from experience whether the temporary upward spike usually then resorts to buy/sell pressure trend - watch and learn!

Question is whether if price bounce occurs will it be Wednesday or Thursday (or even Friday!).

My 3% requirement is eminently achievable - however stop loss could bounce me out of the trade.  Issue of managing entry and exits using Level II feed.  One option would be to buy Wednesday and watch - would need 6% bounce to justify over 2 days and 9% over three days - which I feel is quite achievable.  

Decision to watch with view to buy - based on a combination of Technical Analysis and Fundamentals

British Polythene Industries - meets criteria too - even greater reduction in volume than Laura Ashley and increased price.  Have some doubts about it realising 3% based on recent price levels.

Anglo Pacific Group - similar to BPI but with added that more likely to realise 3% increase.

Decision - buy APF subject to early morning prices at about £1.60 per share.

Clarkson PLC - watch for learning as meets criteria but several days on trot and a day or two past stochastic may mean running out of steam.  Same for Alfren PLC.

Melrose PLC - price dropped today but testing solely one criteria which is that Chaikin moved up against this fall.

However I realised I moved into the purchase of this stock too quickly and on consideration would not have purchased this stock due to its current price volatility - I profited today but that was as much my good fortune and I cannot of course rely on that.

Do I think Financials will continue to rally or enthusiasm will dampen over the weekend?

Petrofac Ltd - price stable, under-bought and trending upwards - reservation is fundamentals reaction to Oil in the short-term could pull this share back.  Monitor over weekend commodities situation.