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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 earlier FTSE trade of today, I also spotted a perfect entry for the Dow Jones today.. it's a shame that I didn't trade it as it would have been extremely profitable.. it's nice when the markets hit a perfect resistance line and short.. however, these perfect hits are rare and look great if you have executed them in the right manner.. however, more often than not, if you saw this movement, the markets wouldn't behave.
However, I did short the Dow for a quick scalp trade wh
September 22, 2008
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After last weeks volatility in the markets I thought I would watch the markets today to see if there were any opportunities.. I have always learnt that the markets will go their way regardless of any intervention of which we saw plenty of last week. The markets were clearly heading down and for those who are bearish, perhaps this was a perfect shorting opportunity.
Anyway, I tried not to think too much about this and just watch the markets unfold and take my position from there. The markets fel
September 22, 2008
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Hi all, sorry it's been a while since I've updated the site, I've been away on business in Cape Town for a week and I've had no time to look at the markets or anything else for that matter. However, there has been a lot of interesting news in the World Stock Markets with record falls and then record gains.. it really has been a rollercoaster ride and I wish that I could have been in the UK sitting in front of my machine to see all the action and even put on a trade or two! In the UK, they have p
September 21, 2008
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