Posts Tagged daytrading
Yesterday we saw a tremendous rally on the US front after the Fed cut interest rates 0.75 basis points.
Today, I got home a tad late due to delays with the London Underground system and also due to the time differences, the US market closes at 8pm GMT meaning that I have a hour less trading time.
Trading part time is extremely difficult. Coming home from a full days work to turning on the computer again and staring at the charts. It's work once again but I do love it. Yes, I get extremely
March 19, 2008
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Today was Fed day and I had come home after the announcement. I'm always a little wary of what the Fed does to the market but I entered long at 131000 after stochastics had turned upwards with a target of 132000. This hit target in a matter of minutes for 40 prices!! Hoorah! I kept on thinking to take profit at 10 points and would obviously be kicking myself if I had.
The market has since gone up further, another 40+ prices and still moving..
So, 40 prices taken.. I managed to keep contro
March 18, 2008
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I had a day off from work today and I thought I'd try and sit through a whole session trading. However, what happened was that I traded the FTSE in the morning, then went out for lunch and then back in the evening again.
I traded the FTSE early in the morning
It was a quick 10 minute trade where I went long at around 5500 (nice round number) and then exited 20 points later at 5520. As you know, I like stochastics a lot and the timing of the entry and exit were due to the stochastics cr
March 17, 2008
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