Posts Tagged wall street

Two small scalps for the day on the Financial Markets

Two small scalps for the day on the Financial Markets

The markets have been rather choppy where pullbacks have been quite large. I've been focusing on the 15 minute charts to grab a few pips here and there. Here is what I did today. My first trade was crude oil. I could see that a 'W' pattern had formed in the 15 minutes. I had talked about the W pattern before in previous posts on the blog.. you can read one here: http://www.makemesomemoney.co.uk/2011/09/01/the-w-pattern-in-oil-price/ It's basically the market finding support. I went

December 12, 2011 No Comments Full Story

DOW crashes through previous lows.. it’s going down!

DOW crashes through previous lows..  it's going down!

We've seen the DOW propped by up support around 12400 for all of last week and when it broke today I had a short at 12360 which was trigger. It was looking well and at one point I was already 60 points up. Now the markets always seems to find support at big numbers so at 12300 it bounced. I expected this but with a nice clean break to the downside, I didn't think it would bounce that high. I had an initial 80 point stop which I moved down to entry when the market hit 12300 but then hit exactl

July 18, 2011 No Comments Full Story

Currency Trader & Futures and Options trader – Feb copy out now

Currency Trader & Futures and Options trader - Feb copy out now

Just to let you know that February's issues of Currency Trader magazine and Futures & Options trader magazine are out now. Best of all, they are FREE!! Get your copy here... fantastic!! Currency Trader Magazine Futures & Options Trader Magazine

February 13, 2008 No Comments Full Story

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