Archive for July, 2010
I forgot that the US markets are not open today due to Independence so perhaps it probably wasn't a good day to trade. Oops!
Anyway, I shorted the GBPUSD at 15120 as it moved below the support line. It dropped 15 pips... I've got a 80 pip stop and a 75 pip target on this. However, it's currently retracing and that's the thing on holidays. Low volume means that it takes less to move the market and could also mean that some traders go stop hunting... that's moving the prices around to take out
July 5, 2010
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This months currency trader magazine is out.. download your copy by going here
http://www.currencytradermag.com/downloads/index.php
July 3, 2010
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![Betfair Trading Systems]()
Betfair allows you to trade the sports markets like you do the financial markets. The sports markets have an additional advantage in that they are open Saturday and Sundays (unlike the financial markets). Additionally, around the world, there are sports events happening all the time and Betfair allows you to have a punt on them when they are happening. This means that you can truly trade 24 hours a day for 7 days a week (including Xmas and other public holidays!)
A Betfair Trader is a bit mor
July 3, 2010
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