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I was looking at triggers for a trading strategy and asked AI to give me some ideas.. here's what it said
Here are several potential trading trigger ideas that could capitalize on momentum and market psychology:
Failed Double Top/Bottom Pattern
When a second peak/trough fails to r
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So I've been using the Dow Strike trading robot now for a couple of months and here are the results! 37 days of trading, 34 profitable and 3 losing.. made a total of $12,821.58 on a $100k account.. that's a 12.8% return in 2 months! It's particularly active from the US open and can open up 20-50 tr
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I have an associate, some guy I met online who I talk to about trading... he's an interesting character and one of the best traders that I've ever known. I'd like to say he's a friend as we do share a bit of information about each other besides our interest in trading but I've not met him in person
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I would have been wary of this trade personally as the market has been trending downwards for a while but trends do reverse. I do like pin bars as they show strong buyers or sellers. In our case you can see that there were buyers present forming the pin bar in the daily chart.
If you were to trade this you could take the long at the break of the nose of the pinbar.. so far the price has moved a nice 300 points... big moves like this probably mean a pullback at some stage so one would have t
October 9, 2012
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My post regarding Crude Oil a few days back showed that the market actually was consolidating, make a false break higher to lock in the longs and then came crashing down almost 400 points... Crude Oil actually lost around 4% of it's value in one day.
I am a bit miffed to be honest.. I had thought that we were going to see prices move lower last week when the price fell below the support line around 9100... it dipped just below 9000 before rallying in total around 300 points. At this time,
October 3, 2012
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Day One Trader by John Sussex is the story of one guys story about the Liffe exchange, the characters and then the demise of the open outcry system it all as advancements in technology made it obsolete. It’s a great story and an important part of the financial history in the City of London starting with the opening of the Liffe (London International Financial Futures Exchange) and the open outcry system modelled on the US stock exchanges. The story takes us through the ages as John learn
September 28, 2012
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