Keep It Simple Silly!! There is a lot to be said for this when trading. You can easily get “paralysis by analysis” and in my early days I was just as guilty of this, I tried to use loads of signals, RSI, MACD, Bolly bands, Stochs, loads of different settings and so on. Unfortunately they all started [...]
Monthly Archive for June, 2010
Stops moved up, free trade…. Update – i will now move the stop up as the trade moves for me, thus locking in profit as it accumulates. Update @ 15:05, all out for +32
Well, that dropped a lot more from the pivot than I expected. Have now gone long 4900, as I see us at the bottom of the 5 wave. Rally to 5150 from here.
Well, as predicted earlier the ftse hit the pivot exactly and bounced off. Hopefully some readers managed to benefit, we are now 30 odd points off it….. Unfortunately I only got 8 pips out of it. Trade was posted on Twitter feed.