-
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 Story
-
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
Read Full Story
-
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
Read Full Story
More Articles
Well, I didn't!! In the past I have done so and have won loads and have lost loads also. If you spreadbet then you find that you can't get in and out as quick as you like and you can be stuck in a losing position.
Anyway, as mentioned yesterday, we were told by our trading mentor not to trade today unless it's past 7.30pm (GMT) and that's only if you really have to and see something. Well, the market has move strongly to the downside and now my indicators are all indicating that the market is
December 11, 2007
No Comments Full Story
Today, I had a little time at work and saw some opportunity and made two trades on the Forex market.
The first was a short of the AUDUSD at 0.8890 early this morning. The reason for the trade, a double top formation in the 15 mins with negative divergence showing in the MACD chart.
Then I shorted the EURUSD chart at 1.4708.. once again, another double top pattern. The entry for this one wasn't as good as the AUDUSD trade but still, I was happy with it.
I had set up my stops for both and
December 11, 2007
No Comments Full Story
Well, I had my chat with my trading mentor earlier today and I am set up to trade live. We spoke about positioning and trading 1 contract.
The maximum loss each day is $200 which amounts to 20 prices or so.
Anyway, initially I felt a little nervous, this was real money on the line and I take a 50% cut in any of the profits. I got to make this work and there is the expectation now that I've graduated and trading real company money.
My first trade was a standard one on the break of a pr
December 10, 2007
2 Comments Full Story
« Older Entries
Newer Entries »