Posts Tagged spreadbet
[caption id="attachment_7658" align="alignnone" width="601"] 16th January - Silver Long[/caption]
I've found that it is always difficult psychology wise to trade as well as you should if you start with a losing trade. Our Gold trade earlier in the week had left us with a 120 point deficit.
Trading Silver is a bit like trading gold as they move in tandem with each other, it's not often that you'll see them diverge. Anyway, I went long Silver on Wednesday after see a positive pin bar.. it sh
January 19, 2013
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This was the chart of the FTSE a few days back when I went short... I was seeing some tails on the candlesticks and the market was overbought and looking ripe for a short. Where I went short was a slightly bearish bar despite there being a bullish tail showing buyers. To be honest, I remember feeling a bit overconfident with the trade was I'd been doing so well over the past couple of weeks...
The following day was when I felt that I was correct in my analysis as we were rewarded by a bea
November 29, 2012
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So it was an Obama victory and the Dow Jones fell over 300 points!! It was spectacular fall and a mass of profits to be made for those short.
I actually had the perfect entry on this trade. I was short from 13230, near the close of yesterday candle. The market was in a downtrend on the Daily chart and you can see that the price had reject the 13300 level 3 times already and formed a resistance level.
The thing about trading technical signals is that I don't really care about what's happeni
November 7, 2012
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