Posts Tagged negative divergence

The weeks trades – crappy Forex and still trading the DOW

The weeks trades - crappy Forex and still trading the DOW

The last few trades, I did make quite a few trades on the currency and the DOW (urgh, why am I still trading this instrument?). I haven't documented everything as I usually do.... many of these trades were done during the day when I was at work and not able to give myself the time to watch the markets.. yes, what on earth am I doing? Anyway, since the 24th, I placed 6 currency trades... all losing.. hmm, I won't go too much into but they were all small losses. All I can say is that the currency

September 27, 2008 1 Comment Full Story

Caution in the markets

Caution in the markets

I have been rather cautious with my trading as the markets seem extremely volatile whipsawing as uncertainty seems to take grip. As a result, I have been extremely selective in my trading and hence the rather less frequent updates on the website. However, on Friday, I did make a trade on the AUD/USD forex chart. I traded this as I saw negative divergence on in the 4 hour chart on the stochastics as the market had hit a second high at around 0.9630. The stochastics also crossed and my trend si

July 7, 2008 No Comments Full Story