Archive for June 23rd, 2010

GBPUSD trading luck today!

GBPUSD trading luck today!

I've dropped the chart into the 5 minute chart so you can see clearer..  the upper and lower band today were so close that I felt a bit uncomfortable with the trade... the upper band was at 14836 and the lower was 14819, a mere 17 points which is tiny. However, I put in the orders and from the graph, my short should have been hit which would have been a loss. It looks like it was within a pip or so... so that was extremely lucky. The long came on just before 8am however and powered away..

June 23, 2010 No Comments Full Story

DOW intraday trading

DOW intraday trading

Stalking the DOW again today.. I am primarily looking for quick profits. I was going to write quick and easy but trading isn't all that easy. However, if you can sense where the momentum is, you can get behind it and ride it a few points. I'm happy to grab a few points where I can and get out as soon as I sense that momentum has run out. I just don't trust the Dow, any sign of uncertainty... GET OUT!!! I put an order to get in at 10320 today and it hit. I was aware of overhead resistance at 1

June 23, 2010 No Comments Full Story

Some more Betfair profits today…

Some more Betfair profits today...

I had some luck again with Betfair.... I was playing around with trading the ladders in the Nigeria vs South Korea match but that didn't obviously workout..  I could have 'greened' everything at one stage but I didn't expect to see the draw after the third goal! My second bet was Argentina to win... I was starting to get nervous around 70 mins when it was still 0-0 in score. Argentina were already through regardless of what happens so they didn't have to work so hard. Greece, however, rea

June 23, 2010 No Comments Full Story