Posts Tagged Trading
I received an email earlier today from City Index to notify me of a competition which they are holding to learn to trade and earn a chance to win £100,000! It is an online training and trading thing where the most successful person they take on wins the cash! The other thing is that the competition will be filmed and broadcast online... looks like fun! However, it does require a committment of 6 weeks from October1st so if you're not up to anything.. you may as well enter!
The link to the
September 19, 2012
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Well I was able to enter the Crude Oil trade last night... seems that the market closes for a couple of hours and reopens at 11.00pm UK time. I entered as soon as it was open and got a price of 9342.
You can see from the chart that resistance there showing selling..
I showed the lowest price of today which would have netted 172 points but it's impossible to know when the trend is going to end and you need to give the trade enough room move.
However, by using the 15 minute charts,
August 10, 2012
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Another interesting chart I have is the daily Crude Oil price. You can see that there is strong resistance and the market has failed to get beyond this point. This could be a potential selling opportunity. The only thing about Crude is that it is very volatile and you need to be very careful with it.
The market is currently closed but when it opens I'll see what the market looks like and may even short it...
Will keep you updated!
August 9, 2012
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