Archive for February, 2012
I got excited about trading off the lower timeframes and proceeded to trade off the 15 minutes. This timeframe looks ideal so me to get in and out of trades. Although I've been looking at higher timeframes (1 hour and daily charts), I really fancied having a go at trading the 15 mins.. I can get in and out quickly and not have to worry about waiting for profits to materialise.
The drawback about the small timeframes of course is that there is just more noise. However, my trade today was below
February 28, 2012
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I think it's always important to keep yourself learning when it comes to trading. I've been rather quiet lately as I've other things happening in my life which I knew could affect my trading and after a little while, I felt a bit out of touch with the markets when I went back to have a look at them. Friday gone, I went to the London Investor Show at the Kensington Olympia. It's good to see what new developments there are in the trading scene and meet like minded people. They had a whole series o
February 25, 2012
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Crude Oil had bounced off the 10000 level for the third time and I sensed that this could be a big move shorting it with a target of 200 points so so. I shorted as the price action recoiled from the 10000 market, made a little bounce and continue south.
However, the market didn't play ball today and took out my stop at 10020 for a 70 point loss. The immediate spike down shows that there is strong resistance and one could be tempted to short it again but the following 1 hour bar shows stro
February 13, 2012
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