Hi All, In the UK, it's now Easter weekend. I've learnt from past experience that volume dries up and markets tend to be choppy and prone to false breakouts, whipsaws etc. I didn't trade last night (and hence no update) and I wont be trading today or Monday. I should be back on Tuesday and keep to the 'improved' trading style! Have a fantastic Easter!
Yesterday we saw a tremendous rally on the US front after the Fed cut interest rates 0.75 basis points. Today, I got home a tad late due to delays with the London Underground system and also due to the time differences, the US market closes at 8pm GMT meaning that I have a hour less trading time. Trading part time is extremely difficult. Coming home from a full days work to turning on the computer again and staring at the charts. It's work once again but I do love it. Yes, I get extremely
Today was Fed day and I had come home after the announcement. I'm always a little wary of what the Fed does to the market but I entered long at 131000 after stochastics had turned upwards with a target of 132000. This hit target in a matter of minutes for 40 prices!! Hoorah! I kept on thinking to take profit at 10 points and would obviously be kicking myself if I had. The market has since gone up further, another 40+ prices and still moving.. So, 40 prices taken.. I managed to keep contro
