Archive for October 10th, 2007

EOD trading system update – made money but didn’t follow to plan

Hi All, If you read the last message, you saw that I have started testing a new EOD S&P trading system. You basically buy or sell at the close each day (ie 9pm GMT) with a target and loss. Last night, a signal was to sell the S&P with a target of 1550. I sold at 1564 last night and indeed, it did drop. I got out at 1560... this equates to 12 prices on the S&P emini. Ok ok.. I didn't follow true to plan as the idea to leave it until it either reaches the target or you get

October 10, 2007 No Comments Full Story

The trading updates and a new EOD trading system

Morning all, The GBPUSD went to hit target for 74 pips and the GBPJPY last night hit the stop and closed for a scratch trade. I'm also testing a new EOD (End of Day) system on the S&P. It's a black box system and will keep you informed on it's progress. It requires putting in a trade at 9pm GMT each day. So far, I'm short on the S&P... I don't feel that comfortable with it as we've made new highs but I guess we can expect some sort of retracement (which I expect this is trying to

October 10, 2007 No Comments Full Story

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