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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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Typical, I go back to the simulator and make profits!
I went long at 137775 with a target of 138000 and stop at 137550 and took 9 prices. The 5 mins stochastics were on their way up and the 15 min chart stochastics was oversold and I expected some movement up soon.
Then I went long when the market went above the previous swing high at 138025 with a target of 138300. However, I took profits manually at 138100 for 3 prices.
Total was 12 prices for the day
February 27, 2008
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I have shown just my entries in my attached chart... it was another bad day!
I entered long where the arrow is green at 138425. I could see that the 5 min stochastics were in oversold territory so there would be a move upwards soon.. was it here? However, if I paid more attention to the 15 min chart, I could see that it was telling me something different, the MACD had cross towards the downside and indicating a short. The conflict of signals should have been a warning! Anyway, I ended up
February 26, 2008
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This wasn't my kinda trading today.. I don't seem to be doing well again all of a sudden...
I kept on seeing a top and trying to time it for a ride down. However, I was wrong 3 times. I should have been a bit more careful as the 15 min stochastic was clearly showing a long. Even when we got the cross towards the upside, I went short.
I felt like it was back to the drawing board, I wasn't disciplined at all.
The market then shot up like a bullet.. I have no idea why but I wish I was lon
February 25, 2008
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