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..
Archive for June 23rd, 2010
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
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