Posts Tagged trading blog
I got home a tad later than usual today, delays on the Tube system. I lost 30 mins of valuable trading time but when I got back, I was glad to see that I had not missed anything in the 30 mins.
Anyway, just after 7pm GMT, the market was starting to retrace from the short term high at 143250 and I was initially thinking of an entry to go long as it hit the 5 day MA and also the 50% Fibonacci line.
However, at the same time, the MACD and stochs in the 5 mins were looking overbought and looki
January 8, 2008
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Happy New Year to all and sundry!!
Wishing you all the best for 2008...
Just to let you know that I did some sports trading today for a little while I had a couple of hours... I made money again!
I also went long on EUR/CAD on the Forex market and so far it's 30 pips up.
Will post the analysis soon but enjoy the last few hours of 2007!!
Alan
www.makemesomemoney.co.uk
December 31, 2007
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I thought I'd try some sports trading the other day using Betfair. In the past, I have managed to triple my starting pot using Betfair but then lost it all when I played with their Betfair Poker application.. keep away from that, it'll eat all your money!
Anyway, I thought I would give it a try in the Horse Racing market. The strategy was quite simple, watch the trends in the price and when it looks like it would win, the put on a bet for that horse to win. To minimise risk, where possible,
December 30, 2007
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