I got today off so woke up early at 6.45am to log into Simon Grinter's chatroom. If you are able to listen, he offers a real time commentary on the markets and lets you know of the trades he is taking. Today, one of his entries was a short below 107.80 and I took it! I rode the price action 30 points!! Hoorah! The market did go a lot lower however but a profit is a profit! If you want to join or sign up for his free trial, visit http://www.rainbowforex.com/
I shorted AUDNZD yesterday after seeing the stochastic cross at 12499. I have always been wary of not allowing my trades to run to completion so I left it running for as long as I could. The market did bottom out to 12435 (god knows why my trailing stop didn't activate which is rather annoying) and now it have moved back. The stochastics have cross the other way and the trend indicator has turned blue... I have close my trade for a measly +15. When it bottomed, I was sitting on 65 odd points.
I didn't know how to describe this properly but I found a fascinating site at http://www.gummy-stuff.org/ This site has all sorts of data which show all sorts of fascinating and interesting things to do with the stock markets. The spreadsheets are great, you can use them to do all sorts of stuff... you can do things like download financial data from Yahoo and draw all sorts of graphs, run simulations and generally tweak to your hearts content. I got lost in this site for hours downloading an
