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1st Oct – S&P Emini – Missed huge opportunity today

1st Oct - S&P Emini - Missed huge opportunity today

Hi All, I did the usual thing, came back home from work, turned on the computer, fired up the trading platform to see if I could catch the last few hours of the US market. You tend to get good movement when the market opens and also towards the end. When I got back at 6.30pm GMT, I found that the market had already moved a huge amount today! From the low of the day to the high, we have covered 100 prices already! This makes the market already way overbought and we could be due a reversal i

October 1, 2007 No Comments Full Story

Make money the safe and simple way

Hi All, With interest rates rising, you can get about 6.5% return on your savings account if you stick it in a bank which is practically low risk.  However, there are ways to get a higher rate of return on your money with the equivalent sort of safety the banks offer. Zopa matches people lending money to those that need it. You can play the role of lender or loaner and set the rates. If you choose to just leave it in the Zopa account, they'll give you a return of 7%. However, they

September 30, 2007 No Comments Full Story

27th September – S&P emini futures trading log

27th September - S&P emini futures trading log

Hi All, Got back home at around 7pm today. I initially thought that I would not see any action but when the market hit the 154300 level, I went short. This level was reached earlier in the trading day and fell like stone.. When I shorted it at 154250, it did indeed fall. My target was 153950 but I closed early at 154050 for a +8 profit.  Shortly afterwards the market bounced at the 153875. I didn't realise this at the time but if you draw a line from the intraday lows of the day, they

September 27, 2007 No Comments Full Story

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