Archive for March, 2008
Today was Fed day and I had come home after the announcement. I'm always a little wary of what the Fed does to the market but I entered long at 131000 after stochastics had turned upwards with a target of 132000. This hit target in a matter of minutes for 40 prices!! Hoorah! I kept on thinking to take profit at 10 points and would obviously be kicking myself if I had.
The market has since gone up further, another 40+ prices and still moving..
So, 40 prices taken.. I managed to keep contro
March 18, 2008
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I had a day off from work today and I thought I'd try and sit through a whole session trading. However, what happened was that I traded the FTSE in the morning, then went out for lunch and then back in the evening again.
I traded the FTSE early in the morning
It was a quick 10 minute trade where I went long at around 5500 (nice round number) and then exited 20 points later at 5520. As you know, I like stochastics a lot and the timing of the entry and exit were due to the stochastics cr
March 17, 2008
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Hi all,
Note the asterisk. I am on the live account but I have no margin so the account doesn't work currently. I spreadbetted my entries however and did very well. I am pleased with my result.
If you look at the charts, both 5 and 15 mins stochastics were heading higher after being oversold. Having two signals gives you confidence that it may go your way.
I got in at 128325 and got out at 129800 for an excellent +58 points!
I'm trying to get the margin sorted on the account howeve
March 14, 2008
2 Comments Full Story
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