Archive for the Trading Category
![DOW intraday trading]()
Stalking the DOW again today.. I am primarily looking for quick profits. I was going to write quick and easy but trading isn't all that easy. However, if you can sense where the momentum is, you can get behind it and ride it a few points. I'm happy to grab a few points where I can and get out as soon as I sense that momentum has run out. I just don't trust the Dow, any sign of uncertainty... GET OUT!!!
I put an order to get in at 10320 today and it hit. I was aware of overhead resistance at 1
June 23, 2010
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![GBPUSD trading system today]()
I was a little bit disappointed with how the 4-to-7 GBPUSD system worked today... my short was around 14727 and it didn't really go anywhere.. it just went and hit my stop exactly before it reversed and it would have made 30 pips.
The long trade did activate and get my 30 pips but I still ended up 20 pips down.
June 22, 2010
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![Daytrading the DOW]()
So, I'm back again on the DOW to see if I can get some more profits from it.. I grabbed a few profits yesterday and thought I'd give it a go today. In the past, I have found that the DOW is extremely volatile and difficult to trade. However, if I can try and trade it only when there is a break of some sort and ride it as far as until it looks like it's hit something.
So today, I was waiting for a break of 10400 which it did. I went short and for a few minutes it went above my entry point..
June 22, 2010
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