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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
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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
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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
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Following on from my successful 40 odd points from the DOW, I had another success with the EURUSD. I shorted the market at 1.4645 and it was drifting nicely south when it made an upward push against my position.. my stop was at 1.4670. Market fell and I had my limit at 1.4622 for 23 points.
October 1, 2009
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I shorted the DOW when it broke the trendline at 9740 or so.. however, it wasn't the perfect entry as the market bounced from this area of support to go north... I had a stop at 9780 which was the previous high but nonetheless, my short wasn't ideal as short trades should be entered on a long countertrend.
I had to watch the market go against me 30 points or so before it tanked.. it went past my entry point and I took profits at the round number 9700 for 40 points which wasn't bad. However, t
September 30, 2009
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I have been rather these few months with getting married, 9-to-5 job and everything else that I've not spent much time updating the blog. However, I am still doing a lot of spreadbetting on the Forex and Indices and it's all going well.
I haven't been playing with Betfair all too much but this weekend, I thought I would return and play my usual strategy... bet on the favourites (yep, that's it!). A simple yet effective strategy which has yielded me £185! I know that there are people who trad
September 20, 2009
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