I shorted the DOW when it broke the trendline at 9740 or so.. however, it wasn't the perfect entry as the market bounced from this area of support to go north... I had a stop at 9780 which was the previous high but nonetheless, my short wasn't ideal as short trades should be entered on a long countertrend.
I had to watch the market go against me 30 points or so before it tanked.. it went past my entry point and I took profits at the round number 9700 for 40 points which wasn't bad. However, t
September 30, 2009
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I have been rather these few months with getting married, 9-to-5 job and everything else that I've not spent much time updating the blog. However, I am still doing a lot of spreadbetting on the Forex and Indices and it's all going well.
I haven't been playing with Betfair all too much but this weekend, I thought I would return and play my usual strategy... bet on the favourites (yep, that's it!). A simple yet effective strategy which has yielded me £185! I know that there are people who trad
September 20, 2009
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