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Some Simple DayTrading on the DOW

Some Simple DayTrading on the DOW

  I haven't daytraded for ages but sometimes I am tempted and today was one of those days. You can see where I've drawn a horizontal S/R line.. this tied in very nicely with the days price action and I was essentially looking for a break or rebound up  at this level. As the price broke below, I quickly went short and took a few points before it headed upwards. As it breached, I went long but lost a few points as it headed down. Then it became clear that it was going down so I sho

October 13, 2014 No Comments Full Story

Weekly Trading Review – week ending 11th July 2014

Weekly Trading Review - week ending 11th July 2014

So this week was quite an adventure with Crude Oil. I had a long trade outstanding from last week. I had gone long at point 1 in the chart. You can see that, at the time, the price action was right at support (as designated by the blue line). If you believed that the uptrend was intact, as I did, you would have gone long. However, I was proved wrong as you can see and my stop got hit for -111. However, as it was a significant support/resistance line and it got broken, I felt that this was surely

July 12, 2014 1 Comment Full Story

Promotion starting tomorrow : Trading Systems for Everyone ebook!

Hi everyone! For those who are still interested in my 'Trading Systems for Everyone' ebook, tomorrow GMT time 10am (10th July 2014), I am doing a Kindle promotion! It's a countdown deal where the price starts low and increments..  this is your chance to get a copy of my ebook for a fraction of the full price! Visit the links tomorrow: For UK customers: Trading Systems for Everyone (UK Amazon) For US customers: Trading Systems for Everyone (US Amazon)  For any other countries, ple

July 8, 2014 No Comments Full Story

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