Archive for the Make Me Some Money Ideas Category
I realised that although I had taken screenshots of the DDFX charts over the past couple of weeks, I hadn't posted them all up on the blog. So here are a couple of annotated charts taken using the DDFX system:
EURJPY - 22nd to 28th July
You can see where I was uncomfortable with taking the short signal. I didn't like how the sell arrows were staggered and by the time I got all 3 arrows, the market had already moved somewhat too far already. Shortly afterwards, I get a 'buy' signal... thoug
August 8, 2011
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I have been backtesting this system which looked really good using the Metatrader software. Basically, it told you when the market was trending up or down and if you place a trade when the trend changes and just follow it (from the backtesting), you would be in the money!
However, there are indicators in Metatrader which repaint. What this means is that you may be given a signal to enter a position but if the markets move the opposite way, the indicator suddenly disappears. What this means is
July 15, 2011
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As per my previous post, I mentioned that I've been playing around with Bet On Markets and have now made my tenth trade and it was another winner.. that's 10 out of 10 winning trades.
The great thing about Bet On Markets and generally this type of betting is that you can choose the risk that you take. All my trades are low risk trades, risking little but with a high probability. This means that my returns on each stake aren't great but at least they are consistent. This generally is good for
June 25, 2011
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