Posts Tagged macd
I saw an opportunity on the S&P, the price action had found a temporary base at just below 855 and the stochastics and MACD were indicating that a turn maybe on it's way. I am always a bit hesitant when trading the S&P as my stake size has a minimal size. However, when one sees an opportunity, a good trader needs to take it... so, being the best trader that I could be, I went for it and went long at 856 or nearabouts.
My two winning trades on GBPUSD and GBPJPY means that I had profit
April 27, 2009
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I made one trade today, long 141225 when the 4 min stoch and MACD were looking like they were heading up. The 15 min stoch also was heading up… I was cautious as the MACD was still in a sell state.
I bought in and the market moved quickly upwards, it reached my 10 prices and I moved stop to breakeven. However, soon after this market fell and stop got hit. I ended up with no loss or win…
January 11, 2008
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Our trading mentor informed us not to trade until his say so after Bernanke said his thing. Bernanke took over from Alan Greenspan and is currently the Chairman of the US Federal Reserve... when he has something to say, the markets can move and when I came home, I saw that the market had shot up and generally looked rather choppy. I wasn't sure I'd be able to find an opportunity today but I did.
I shorted the market as it reached the previous high of the day at around 142900. I got in at 1428
January 10, 2008
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