I thought I would take a look at the S&P chart today... I know in my previous blog entry, I said that I would probably leave it until next week before I start trading but there's no harm in having a look. If there are no opportunities, then that is fine!
Over the Xmas period, I was able to dedicate time to reviewing my trades over the last 6 months. Having all my trade entries and exits along with my faults in the blog allow me to do this and be objective about things.
I found that I w
January 4, 2008
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As I mentioned yesterday, I went long the other day EURCAD. I want to swing trade and hold out for more amount of pips rather try and scalp for 10 - 20 pips.. I am going to try and enter off the daily charts but using the shorter timeframes to time a better entry.
With the EURCAD, I am using stochastics and MACD as an indicator. In the daily charts, the stochastics are moving up from the 20 mark and the MACD haven't yet crossed but they are looking to do so. Looking at the 4 hour charts, the
January 1, 2008
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