I’ve been saying for a while now that I was shorting Global Indices based upon my analysis of the charts and using various vehicles (CFDs, Spread-Betting, DMA & Binaries) to access the market and build positions in line with my view. I wrote about how at the start of the month I was stopped out […]
Archive | May, 2012
A quick win on the S&P 500
May 28, 2012
Just a quick post on a Binary position that I took recently on the S&P. I had forgotten about it because I didn’t expect it to move so quickly to target! I took the position back on the 4th May (position 1 on the chart) after price broke down strongly and broke a weekly trend […]
I’ll take grey hair over algorithms any day
May 13, 2012
I’ll take grey hair over algorithms any day
Courtesy of Tradingfloor.com a nice piece on risk management, algos, macro traders and how banks operate.
08/05/2012 NASDAQ 100 – Once cancels out the other!
May 9, 2012
I had another 2 Binary positions close yesterday. Both on the NASDAQ. As always lets cut straight to the chart. NASDAQ – WEEKLY The NASDAQ has been on a bullish tear north for the first 13 weeks of 2012. It was simply unstoppable and trying to short it would have been futile (not that I […]
Exclusive: F-16 gets killed by Typhoon during air combat training in first Eurofighter HUD capture ever.
May 9, 2012
Readers who know me well will know that other than Trading & Financial Markets one of my many other interests is Military Aviation in particular Air-To-Air Combat with a special emphasis on the Battle of Britain. As 3rd generation Royal Air Force that shouldn’t come as much of a surprise. On the 24th March of […]
08/05/2012 – Winners and losers from the weekend elections
May 8, 2012
Over the last couple of days I’ve had a few european centric Binary positions closing on me. Whilst not necessarily taken with the French elections in mind they certainly played a part in their outcome. One win and one loss. Lets cover the losing position first: EURUSD After a wild start to 2012 where the […]
5 Rules For Trading A Reversal Hammer courtesy of Brian Lund
May 7, 2012
Here’s an elegant piece from Brian Lunds blog on StockTwits. He describes some simple rule for trading a reversal hammer. Many of the rules fit my own style of trading this price action pattern. http://bclund.com/2012/05/07/5-rules-for-trading-a-reversal-hammer/ Brian’s blog is a good read so you may want to sign-up to his posts. Enjoy Paul
4/05/2012 – AUDJPY Update Part 3 – Target hit. Thank-you RBA & NFP
May 7, 2012
Here’s an update on a Binary Option position that closed on Friday afternoon on the back of a week of good news for AUD short-sellers. You can read the first part about the initial H&S set-up here. The second part with an update on the first part of the trade being closed out is here. […]
4th May 2012 – Attack – Re-Attack on the Dow Jones
May 4, 2012
This week has seen the failure of a Binary No Touch Trade on the Dow Jones and the re-attack of it based on todays poor NFP numbers. The chart will explain it all. As always there’s useful debrief points to learn from. 1. The Dow Jones has been in a nice up-trend since early December […]
1st May 2012 – 13% profit on USDJPY Binary despite being late to the party.
May 1, 2012
I’ve mentioned that I had a few longer-term Binary Positions that are running and I thought I’d update you on a position that closed out last night. After many years in decline the USDJPY trend broke with a strong move north from the end of January. People far smarter than I can explain why it […]
May 28, 2012
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