Archive for November 28th, 2007

Emini S&P – profitable again today

Emini S&P - profitable again today

Two trades today. I shorted at 146925 as I saw the stochastics cross. However, I was a bit conscious that the market was so bullish today and any countertrend would be short lived. I took a measly 3 points. The next trade was a buy as the price action bounced off the 5 day EMA line. All day it had been above this line. I got in at 146850 with an initial target of 147100.  However, when the market got to  147000, I took profit after seeing a heap of sell orders above this level. As soon as I

November 28, 2007 No Comments Full Story

Interviews with traders – free resource

Hi All, It's hard to learn to trade without a mentor but you can learn a lot from successful traders. I found this website which has a heap of interviews with traders. It's an excellent learning resource so I suggest a visit  http://www.traderinterviews.com/

November 28, 2007 No Comments Full Story