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 StorySo 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 StoryI 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 made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT. I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop. I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop. I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!
I made a series of trades with the new Forex system that I am trading... The red and blue arrows on the charts are the automatic alerts which signal a long or short entry. I don't enter all of them due to my timing (it really depends what is forming and if I am about to actually take the trades). Anyway, first off is NZD/USD: Then, USD/JPY And then GBP/JPY And finally, GBP/USD So, in total I did quite well with +114 profit.
My trading of late hasn't been very good and I've lost focus hence the lack in the number of emails.. anyway, I spent time away to think through and go back to the basics. Trading the DOW is definately a way to lose money.. the DOW is just a basket of 30 stocks and is easily manipulated... quite frequently when you see a move beyond a level, you expect it to move beyond but no, more often than not, the market will just reverse and do the opposite.. the big boys are obviously aware of the smal
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