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Making Money with Bet on Markets

Making Money with Bet on Markets

I recently discovered Bet On Markets, it's a betting platform where you can bet on the markets (obviously!). There are loads of different bets available and I only bet one type (as I've not discovered the others or developed a strategy for them yet). Just quickly looking at the site, there are Up and Down bets - these are bets where you bet whether the market will be above or below a particular area within a timeframe, In/Out bets - whether a price remains in or out of a range or Touch/No Tou

June 17, 2011 No Comments Full Story

The Rollercoaster of Emotions on the Forex markets today

The Rollercoaster of Emotions on the Forex markets today

For those who read yesterdays post where I had missed out on a nice 55 pip profit on the EURUSD as my system had not identified the exit went to hit the stop target which meant a 28 pip loss overall is rather annoying. This actually means that your account, if you take a nominal starting account of 100 for example, was 155 if I had closed when I thought I should have closed to 72 after the stop was hit. You can see that this means that in fact, I lost an overall of 55 + 28 = 83 pips which is a l

June 15, 2011 No Comments Full Story

When Trading is the Most Frustrating thing…

When Trading is the Most Frustrating thing...

A trade that I still have open is the one below. I had went long at 14438 earlier today on the EURUSD and saw that it had failed to go above 14500 and it did make me think if I should close the trade for a healthy 55 pip profit. However, for this trade, I was looking at the 4 hour and the Daily Charts to gauge an entry and they are still telling me that the market is still in an uptrend... I sure hope so. As you can see from the below chart taken at 22:10 UK time, the price action has fallen all

June 14, 2011 No Comments Full Story

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