Posts Tagged Spreadbetting
From my posts, I realise that I don't post a consistent trading system... what I mean is that I'm not posting the same sort of trades each day. There are times when I am trading the shorter timeframe charts and other times, the longer timeframe charts. People say that it's important that one finds a trading methodology that suits your personality and I agree there but you also need to find the trading methodology that suits your circumstances and mine change day to day.
The shorter timefr
March 8, 2012
No Comments Full Story
I took a nice Gold trade today. You can see that Gold in the medium term seemed to be heading lower and the retracement found strong resistance around the 1711 level causing a pin bar sell off.
I placed an order to sell on the break of the pin bar targeting previous lows around 1696 which is 5 points.
This trade hit nicely and all within around 20 minutes!
March 5, 2012
No Comments Full Story
Yesterday, I went long Silver at 2994 after the price retraced after breaking a resistance line. You can see that the price had popped up past this line and found resistance at the 3000 price area. You always find that there is resistance around whole number values.
When the price fell from 3000 and then rallied, I saw the opportunity to go long.. I didn't wait for the price to break 3000 as I saw quite a lot of strength in the price action. However, as you can see the price did stall for a b
January 17, 2012
No Comments Full Story
« Older Entries
Newer Entries »
