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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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I'm trying to be very careful with trades lately, only picking those ripe for picking and I picked off two more successful ones today!
Both were GBP pairs, the GBPUSD and GBPJPY and both were winners, hence sterling by both counts.
The EUR pairs however were extremely weak and they were ideally the ones to have traded at the same time but the volatility freaked me out and I was playing cautious.
Anyway, here are my charts showing my entries and exits..
April 27, 2009
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I closed my USDJPY long for +3 as I got nervous about it....this turned out to be the correct thing to do! Phew!
Anyway, I noticed that the GBPJPY got stuck in a short term range, 14400 and 14373 so when it got near 14400 I shorted it.. not only was this the top of the range but it was near a whole number.. whole numbers usually form a good support/resistance so I went for it... it didn't look too good a few minutes into my trade and I had my stop at 14420. The spread with the GBPJPY is 10
April 23, 2009
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I haven't mentioned much about my Betfair betting... or Betfair trading but it has been going quite well. So well in fact that my account has swelled 50% and also I have enrolled myself on a Betfair trading course by the Betting Exchange Academy held by Peter Webb.
I am extremely excited by the prospect of this as Betfair seems to be much more easier than financial trading. With my limited experience of Betfair and taking small punts, my account has grown quite nicely. I mention Betfair tradi
April 23, 2009
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