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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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I forgot that the US markets are not open today due to Independence so perhaps it probably wasn't a good day to trade. Oops!
Anyway, I shorted the GBPUSD at 15120 as it moved below the support line. It dropped 15 pips... I've got a 80 pip stop and a 75 pip target on this. However, it's currently retracing and that's the thing on holidays. Low volume means that it takes less to move the market and could also mean that some traders go stop hunting... that's moving the prices around to take out
July 5, 2010
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This months currency trader magazine is out.. download your copy by going here
http://www.currencytradermag.com/downloads/index.php
July 3, 2010
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Betfair allows you to trade the sports markets like you do the financial markets. The sports markets have an additional advantage in that they are open Saturday and Sundays (unlike the financial markets). Additionally, around the world, there are sports events happening all the time and Betfair allows you to have a punt on them when they are happening. This means that you can truly trade 24 hours a day for 7 days a week (including Xmas and other public holidays!)
A Betfair Trader is a bit mor
July 3, 2010
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