Forex trading can be a 24 hour endeavour and depending on the time of the day that you’re looking at the markets can determine what you should be trading. Obviously, it is best to trade with the markets that are most busy as they will be liquid markets and allow you to place trades in a liquid and more true market. However, just what is the best instrument to trade at the time that you’re looking?
Well, this is the question that I asked myself and off I went to compile a quite chart on when best to trade. I have included the best Forex pairs to trade and also the various country Indices.

All times are in GMT.

Tags: 24 hour trading, dow, dow jones, forex trading times, ftse, ftse100, hang seng, index trading times, make me some money, most active forex, most active index, most active indices, most active pairs, nikkei, russell, trading 247, trading times, trading timetable, world trading time table, world trading timetable

After last weeks volatility in the markets I thought I would watch the markets today to see if there were any opportunities.. I have always learnt that the markets will go their way regardless of any intervention of which we saw plenty of last week. The markets were clearly heading down and for those who are bearish, perhaps this was a perfect shorting opportunity.
Anyway, I tried not to think too much about this and just watch the markets unfold and take my position from there. The markets fell sharply and I entered my short at 5276… I should have been a tad more patient and waited for a pullback before my entry… the markets did bounce shortly after my entry and I was feeling a pinch.. however, I expected this to be a temporary pullback and I was right.. the markets drifted lower and I took my profit after a sharp movement downwards to close out at 5224 for a nice 52 points.

Tags: day trading, daytrade, ftse, ftse100, make me some money, shorting, shorting the ftse, Spreadbetting, stock market trading, Trading, trading the ftse

I haven’t posted for a wee while and the reason being was that my mind was completely preoccupied with some other things of which I won’t bore you with. I have thought about my trading however and have been frustrated how difficult it just is. I have been attempting to trade the markets for what seems like ages yet still, I don’t seem any closer to cracking it. There are times of brilliance and times of sheer despair and frustration…. for those who have been following my blog, you’ll note that I had joined a trading academy. Unfortunately, things didn’t work out with those guys, they unexpected terminated my account and still demand payment.. I hadn’t even got the professional training which they talked about so I’m in dispute with them currently.

I have been on a few courses also and it’s about finding the time (I only have evenings to play with due to my 9-to-5 job). It would be good if I were at the stage where I could just trade but alas, I’m not at that stage as yet.

This blog generates money however through sponsorship and advertising and actually covers my trading losses (except for the monies that the trading academy are screwing me for).

Anyway, I did trade today, a short on the DOW at 11389 and got +18.

Tags: dow, ftse, indices, makemesomemoney, shorting, trading academy, trading blog, trading course, trading courses, trading journal