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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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In today's world, you would think that there are financial opportunities for all those who are prepared to hunt for them. It's true that it may happen for some but it would be a rather optimistic view of the state of things. However, in this seemingly healthy economic environment, cash advance payday loans have shown unprecedented growth. Understanding the rapid growth of cash advance payday loans, one is hard pressed not to question how something that has been as demonized as cash advance payda
January 9, 2008
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I got home a tad later than usual today, delays on the Tube system. I lost 30 mins of valuable trading time but when I got back, I was glad to see that I had not missed anything in the 30 mins.
Anyway, just after 7pm GMT, the market was starting to retrace from the short term high at 143250 and I was initially thinking of an entry to go long as it hit the 5 day MA and also the 50% Fibonacci line.
However, at the same time, the MACD and stochs in the 5 mins were looking overbought and looki
January 8, 2008
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Thanks to Rich at the Forex Project for this..
The January 2008 edition of Currency Trader magazine is out and you can download it for FREE from here:
www.currencytradermag.com
You can also get the previous issue. Brilliant!!
January 7, 2008
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