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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 sure that how the saying goes.
My first trade of the day was a trade against the trend which resulted in a loss of 12 prices... drats, it wasn't a good trade. I seem to like to play the countertrend trades.. not the smartest thing to do.
I made 5 trades in total today, I won't go into the specifics as nothing really happened. The big pictures is that the trend is down and you should be looking to short any rally.
I did short the rally when the market hit 135250 at 19:30 GMT and it w
February 21, 2008
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At 19.00 GMT, the FOMC made it's announcement.. I had no idea what they announced but the market didn't really do that much. I entered short when the market went below a previous support level at 135000.. unfortunately, it soon bounced back up and I had to nurse a 16 price loss! Ouch!
My trade wasn't a bad one, I had traded on break of the channel. Luck wasn't on my side this time.... as I write, the market has broken up above the upper trend channel. If I had bought this, I could have gr
February 20, 2008
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I am suffering from man-flu once again!! I was ill two weeks ago also so I'm feeling rather poorly.
Anyway, there's nothing getting in the way of me and my trading. I came back usual time today and shorted when I saw that the stochastics were turning.. I got in a bit late with an entry at 136175 and rode it to the round number 136000 for 7 prices. Nothing special!
The market actually went lower and I left a bit on the table. At this stage, about 19:15 GMT, I was looking for a long trade (s
February 19, 2008
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