Posts Tagged Spreadbetting
After last weeks volatility in the markets I thought I would watch the markets today to see if there were any opportunities.. I have always learnt that the markets will go their way regardless of any intervention of which we saw plenty of last week. The markets were clearly heading down and for those who are bearish, perhaps this was a perfect shorting opportunity.
Anyway, I tried not to think too much about this and just watch the markets unfold and take my position from there. The markets fel
September 22, 2008
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I made two trades the other day which worked nicely. I placed these trades on the 2nd September around 22.00 GMT.
I went long EUR/AUD at 17353 with a 100 point limit and a 50 point stop.
I also went short AUD/USD at 8366 with a 100 point limit and 50 point stop.
I woke up the following day, both targets hitting their limits and making me 200 points!! Hoorah!
September 4, 2008
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My trading of late hasn't been very good and I've lost focus hence the lack in the number of emails.. anyway, I spent time away to think through and go back to the basics.
Trading the DOW is definately a way to lose money.. the DOW is just a basket of 30 stocks and is easily manipulated... quite frequently when you see a move beyond a level, you expect it to move beyond but no, more often than not, the market will just reverse and do the opposite.. the big boys are obviously aware of the smal
August 26, 2008
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