Archive for March, 2008
Hi All,
Today is Bank Holiday Monday in the UK and in my previous post, I mentioned that I don't like to trade the market during these times. Best to wait for the traders to come back with some volume to start again.
Well, that's certainly for the markets which are directly affected by the UK bank holiday. In other places, it isn't a public holiday so I looked at the charts, in particular, for something which should be affected directly by the UK holiday.
I saw a pattern in the Forex ma
March 24, 2008
No Comments Full Story
Hi All,
In the UK, it's now Easter weekend. I've learnt from past experience that volume dries up and markets tend to be choppy and prone to false breakouts, whipsaws etc.
I didn't trade last night (and hence no update) and I wont be trading today or Monday. I should be back on Tuesday and keep to the 'improved' trading style!
Have a fantastic Easter!
March 21, 2008
No Comments Full Story
Yesterday we saw a tremendous rally on the US front after the Fed cut interest rates 0.75 basis points.
Today, I got home a tad late due to delays with the London Underground system and also due to the time differences, the US market closes at 8pm GMT meaning that I have a hour less trading time.
Trading part time is extremely difficult. Coming home from a full days work to turning on the computer again and staring at the charts. It's work once again but I do love it. Yes, I get extremely
March 19, 2008
No Comments Full Story
« Older Entries
Newer Entries »
