-
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
The chart of the Euro (EURUSD) today on the 1 hourly was as below:
The Euro had a very strong day yesterday and when the market opened today, it was really watching to see if the market would break yesterdays highs at 13370 and continue upwards or fall. It's very tempted to buy on the break of the high but after such a strong move yesterday, any long entries would have been on a pullback for my liking. However, the price action broke above and demand was just not there for it to go any hi
March 27, 2012
No Comments Full Story
Spreadbetting has been in the UK for over 10 years now. In a nutshell, it is tax-free financial trading, in other words you do not have to pay any tax on your profits. Gambling as a whole in the UK is tax free... this means that spreadbetting is classified the same as the casino.
There is also a fine line in trading whether it's gambling or not. I think for the majority of people it could be classified as gambling as they don't actually have a plan and don't really know what they are doing. T
March 25, 2012
1 Comment Full Story
Sometimes the simplest trades are best and today was once such day. I had a support line drawn at the lows as you can see in the chart below and as the price hit it for the third time, I went long at 3153. My stop was at 3145 so only 8 points away and I took profit at the previous top. A nice and easy 30 points!
March 23, 2012
No Comments Full Story
« Older Entries
Newer Entries »
