Archive for the Trading Category
Hi All,
As per my previous post, I was correct about the market moving downwards to Thursdays low.. in fact, it got beyond this low.. the markets aren't looking so good!
Anyway, I stopped trading at about 7pm GMT time and then missed the huge move down. As you can see from the chart, 143200 was a base which I used and it bounced off this to hit the 50% Fibonacci level and then prompted to fall from here. It was a pretty smooth ride down using the 5 day EMA to gauge it.
I made a series
November 26, 2007
No Comments Full Story
Hi All,
I got back this morning. I spent a week in Hong Kong, my second holiday of the year and it was fantastic.
Great food, environment and everything was soooo cheap! Bought a pile of stuff including a trading book... Technical Analysis of the Currency Market by Boris Scholossberg for half price! It worked out to be £18 which was pretty good. The only reason why I bought it was because I am currently reading the excellent Adventures of a Currency Trader by Rob Booker (I took this with
November 24, 2007
No Comments Full Story
Hi All,
I'm off on holiday from tomorrow for a week or so. I thought I'd make some trade today. The Emini had moved below todays low and I went short. I did this twice and got caught out twice.
The market is heading lower as I write which is rather annoying as I was correct in my analysis but the volatility has made it a nightmare and took me out!
Nevermind... I ended up with -12 today.
November 15, 2007
No Comments Full Story
« Older Entries
Newer Entries »
