Posts Tagged dowjones
![Amazing Luck or Skill?]()
As per my previous post, I closed my short seeing the stochastics being at a low... However, what surprised me was when I next looked at the chart... it short up, my exit being the low point and shooting up 100 points.
I was lucky to get out where I did.... can you say it was skill? I really would like to think it is but boy, the market does funny things most of the time so I am more inclined to say that it's luck!
Anyway, what I did miss out on was the move upwards... the pivot level is t
August 10, 2010
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![Check out the last few days of daytrading results!]()
Hi all,
I've not been as diligent lately updating the blog with my entries and exits and posting my results. However, rest assured I'm still trading... much more so in fact. I am running a few trading strategies all at once on different markets and it's been working out very nicely so far.
On the GBPUSD I've managed to grab around 300 pips. The USDJPY, I've grabbed 50 pips and then some points on the DOW jones.
My profit table is looking very nice for the last few days... if only it's a
July 19, 2010
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![Trading the DOW after it's already made it's huge move!]()
I came back home and fancied a bit of trading.. my trading has been going ok lately and I've introduced some swing trading into my repetoire... I'll talk about that later but for now, let's concentrate on the DOW.
So, the DOW had already made a 150 odd gain and I got home wanting to grab some profits. The trend is up on the DOW so we're looking for long trades when the market retraces. The retraced happened off 10390 back down to 10350 and I had entered my trade a little early at 10360 where
July 13, 2010
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