Archive for January, 2008

Stockmarket crash!! Profits and going live again – S&P emini trading log

Stockmarket crash!! Profits and going live again - S&P emini trading log

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 No Comments Full Story

Free Currency Trader magazine – Jan 2008 out

Free Currency Trader magazine - Jan 2008 out

Thanks to Rich at the Forex Project for this.. The January 2008 edition of Currency Trader magazine is out and you can download it for FREE from here: www.currencytradermag.com You can also get the previous issue. Brilliant!!

January 7, 2008 No Comments Full Story

7th January – S&P Emini trading – another winning day, can I keep it up?

7th January - S&P Emini trading - another winning day, can I keep it up?

I was anticipating my first entry at around 19:00 GMT when the market was bouncing up. I was hoping for an entry at around 142500 (or just below) as this was the 5 day MA. I was a bit cautious and wanted to wait for this level as the stochastics were already in the oversold region. However, the bounce only made it to 142400 before dropping and therefore no entry this time.The 15 min chart is showing a short for both MACD and stochastics. I will see if there is another chance for entry… th

January 7, 2008 No Comments Full Story

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