Archive for the Make Me Some Money Ideas Category

Todays Dow trade – price action breaks below 10400

Todays Dow trade - price action breaks below 10400

I got back home to find that the Dow had already crashed over 200 points! I feel a bit annoyed to have missed so much of the action but there is no way that I can trade at work... the markets are so volatile that you really need to be around to watch what is happening and get out should things turned nasty. Anyway, I did managed to enter a short at 10422 and got out at 10404 for +18. As the market approached the previous low and round number at 10400, I didn't want to take a chance on my mone

July 24, 2008 No Comments Full Story

Season 1 and 2 of Wall Street Warriors available – to US residents only however!

I just found that you can watch full streaming episodes of Wall Street Warriors on http://www.hulu.com/wall-street-warriors The only problem is that it is only available for US residents... this is a real shame as it was a fantastic show showing the lives of traders and those who play a part in Wall Street. Anyway, for those in the US.. visit the link and enjoy..  the rest of us will just have to wait to see if it becomes available.

July 20, 2008 No Comments Full Story

Bagged some profits trading the Dow Jones..

Bagged some profits trading the Dow Jones..

I entered this trade after seeing downtrend pattern in the 5 min charts looking to turn. The stochastics were also oversold and looking to head upwards. In the 1 minute chart, the 20 minute moving average line (which was functioning as resistance) became support and I traded off a bounce and got in at 11244. The market soon shot up and bounced off 11300 and I closed out at 11286 for +42. The market has since reached 11360 which is another 74 points which I missed out on! I bagged my pro

July 8, 2008 No Comments Full Story

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