Archive for the Trading Category
So for those following my Tweets, you will have noted that we went Long FTSE after it had found support in the Daily charts. It is now reaching close to it's all time high again and judging from the performance of the US markets I really think it's going to pop upwards and start shooting upwards. If you look at the Weekly chart of the FTSE (below - click for larger image to see the pinbar) you can see that we have an extremely bullish pinbar.. it was all buying. We do have to be wary that we hav
June 8, 2014
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Unfortunately, trading the markets incurs losses.. there is no way about it.. trading is the art of managing losses. As a new trader or someone learning to trade, you will feel a lot of emotions when you lose money and these emotions will be counterproductive to you making money from the market. It's a funny thing trading psychology... we have evolved as human beings to be completely crap at trading which is why it's so difficult to do. However, personally, I've found trading to be extreme
November 13, 2013
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Today I was have a quiet and thought I’d play around with the binary markets. They have 5 minute binaries which can even make the most boring quiet market days really exciting. With binaries, the market goes from 0 to 100 and in 5 minutes, it’s can traverse from one extreme to the other.
However, any short term market.. and especially a very short timeframe such as 5 minutes, you’re practically dealing with ‘noise’ and therefore, randomness. There’s no skill in this, it’s ju
October 31, 2013
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