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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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The question has been asked many times, is it possible to become a successful trader only trading part time. I'd like to think that it is as this is what I am doing.. I hold a 9-to-5 job (which I really enjoy) and am trading in the periods where I have time.. this includes any days off and in the evenings. However, there are people who say to me that in order to be in the consistent 5% that make money, you need to dedicate yourself to the craft of trading. I think trading takes a lot of time t
March 27, 2009
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Another one of my money making streams is through Betfair, I am not a huge sports fan myself but Betfair has countless opportunities to bet and make money. I particularly like the football games where there are 3 outcomes.. win, lose or draw. In addition, there are countless number of other bets within a game.. the ones which I play on besides the win, lose or draw (the match odds), are half time odds (ie win, lose, draw) at half time, score at half time and score at full time.
The thing
March 23, 2009
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I had placed a short for the USDJPY Forex pair two evenings ago at 98.24 with a stop at 99.16 and a target of 96.74. The 4 hour charts look as though they had run out of momentum on the uptrend which corresponded to similar looking peaks the over the past few weeks. My stop was place in light of the recent peak around the 9th of March and the target was a level where there was support found on the 6th March. There was not much movement for a day or so and when the market moved upwards, I was exp
March 19, 2009
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