Posts Tagged daytrader

Daily Bar breakout on GBPUSD for 60 pips

Daily Bar breakout on GBPUSD for 60 pips

The markets had fallen hard the last couple of days and I thought that they would have fallen a lot more but yesterday, the markets found some support. This pattern was seen across the DOW, FTSE and other currency pairs. I knew that a lot of people were expecting the markets to tank completely but having a whole day where it consolidated presented an opportunity in my opinion. The markets would either rally or drop like a stone and I expected whatever happened the market would have moved str

March 8, 2012 No Comments Full Story

Trading Crude Oil off the 15 minute charts

Trading Crude Oil off the 15 minute charts

I got excited about trading off the lower timeframes and proceeded to trade off the 15 minutes. This timeframe looks ideal so me to get in and out of trades. Although I've been looking at higher timeframes (1 hour and daily charts), I really fancied having a go at trading the 15 mins.. I can get in and out quickly and not have to worry about waiting for profits to materialise. The drawback about the small timeframes of course is that there is just more noise. However, my trade today was below

February 28, 2012 No Comments Full Story

£700 in 10 minutes, Tom Hougaard and the London Forex Show

£700 in 10 minutes, Tom Hougaard and the London Forex Show

I think it's always important to keep yourself learning when it comes to trading. I've been rather quiet lately as I've other things happening in my life which I knew could affect my trading and after a little while, I felt a bit out of touch with the markets when I went back to have a look at them. Friday gone, I went to the London Investor Show at the Kensington Olympia. It's good to see what new developments there are in the trading scene and meet like minded people. They had a whole series o

February 25, 2012 6 Comments Full Story

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