-
I was looking at triggers for a trading strategy and asked AI to give me some ideas.. here's what it said
Here are several potential trading trigger ideas that could capitalize on momentum and market psychology:
Failed Double Top/Bottom Pattern
When a second peak/trough fails to r
Read Full Story
-
So I've been using the Dow Strike trading robot now for a couple of months and here are the results! 37 days of trading, 34 profitable and 3 losing.. made a total of $12,821.58 on a $100k account.. that's a 12.8% return in 2 months! It's particularly active from the US open and can open up 20-50 tr
Read Full Story
-
I have an associate, some guy I met online who I talk to about trading... he's an interesting character and one of the best traders that I've ever known. I'd like to say he's a friend as we do share a bit of information about each other besides our interest in trading but I've not met him in person
Read Full Story
More Articles
![GBPUSD - all in a days trading (or not)]()
Today I woke up early and was rather more alert than usual. This is not a good thing necessarily when it comes to trading.. certainly not in my case. I saw that the market had consolidated from yesterday after shooting up strongly. A consolidation usually happens after any particularly large moves so rather normal.. however, the market could have easily topped here or just biding time before heading higher. I wanted to play it safe so I didn't trade...
The 4-to-7 trading system's range was 14
June 15, 2010
No Comments Full Story
![Monster Rally on the GBPUSD]()
The GBPUSD really powered ahead today.. I was trading my 4-to-7 breakout strategy and got my 30 pips. It seems pathetic when the market powered on another 170 pips or so.. still, a profit is a profit!
The range was 14632 and 14597.
I didn't trade the 9-to-9 however. If the range is over 120 pips or so, the movement has already been too large for the day. Also, I can't scale my trade to be small enough so that the hefty pip stop loss is a mere 5% of my trading account.
The top
June 14, 2010
No Comments Full Story
![Beauty trade on the 9-to-9 GBPUSD trading system]()
On Friday 11th (sorry, posting this a bit late), I traded the 9-to-9 trading system on the GBPUSD. For those who haven't been following, it's trading the breakout of the highest and lowest points between 9pm and 9am GMT time.
The timing on my chart says 5am but that's because I am using a US broker and it's not clever enough to work out where I actually am.. it's a minor detail.
Anyway, the top of the range was 14757 and the lower, 14651. The range is just over 100 pips so can be done. I h
June 14, 2010
No Comments Full Story
« Older Entries
Newer Entries »
