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
Read Full StoryThe S&P EOD system is printing a sell to a limit of 1546.9 which is quite far away from it's current level of 1564. The market has been rather strong and I don't feel quite comfortable taking this trade so I'll sit on the sidelines and see what happens. I'll be gutted if it does make it but it's about Risk/Reward. For those interested, sell at around 1564 with a limit of 1546.9 and a stop loss of 1601.
Sorry about the late one on this.. Here's Friday's chart Nothing happened except that the market ranged between 156750 and 157250. Muggins here expected some movement so I bought hoping to see a break above the range to find it failed. Then I sold hoping it would fall to 156500.
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