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I was anticipating my first entry at around 19:00 GMT when the market was bouncing up. I was hoping for an entry at around 142500 (or just below) as this was the 5 day MA. I was a bit cautious and wanted to wait for this level as the stochastics were already in the oversold region. However, the bounce only made it to 142400 before dropping and therefore no entry this time.The 15 min chart is showing a short for both MACD and stochastics.
I will see if there is another chance for entry… th
January 7, 2008
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Have you wondered how some ugly, badly designed and aesthetically displeasing websites are sometimes so much more successful than other much better designed ones?
Something which I do in my part time is to build websites for new small businesses. Frequently, these people have never had an online presence and they are completely focused on the visuals and want me to spend all my time to ensure that everything looks perfect. I tell them that so long as a website looks good and has all the infor
January 6, 2008
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I thought I would take a look at the S&P chart today... I know in my previous blog entry, I said that I would probably leave it until next week before I start trading but there's no harm in having a look. If there are no opportunities, then that is fine!
Over the Xmas period, I was able to dedicate time to reviewing my trades over the last 6 months. Having all my trade entries and exits along with my faults in the blog allow me to do this and be objective about things.
I found that I w
January 4, 2008
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