Archive for the Trading Category
I traded a few times today.. the first was an easy short as the market fell below the MA line confirmed by stochastics and MACD. The second and third trade, I really should have been a bit more careful. I was expected a move lower but the stochastics were already showing oversold levels.. I should have been cautious here as each one was a -10 hit.
My last trade was a nice long above the 138600 level as MACD and stochastics moved up. The only thing was that I sold early when it hit the previ
April 21, 2008
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I still haven't heard anything from the trading academy... I continue to trade as it's about learning and if they terminate my contract, I will set up my own account and continue. I feel my trading is making progress and it's a matter of time before I make it. If the trading academy can't see that there is potential in me then it's their loss...
Anyway, I shorted at 136650 as the market had hit a resistance line.. see the 15 min chart and you can see that the market had stopped dead on this
April 17, 2008
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I shorted here at 135900 thinking we had got a triple top.. in fact, the market shot away and blasted into space. I was gutted and took a 14 price hit.
I still haven't heard from the trading academy which I take to be bad news.. however, I'll give them a chance to respond to me before I go onto a rant.. this maybe later on in the week so watch this space!!
April 16, 2008
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