Here is another video by John Carter, the author of ‘Mastering the trade’. He was interviewed by ABC News. The title of the video is ‘Making a living as a day trader’. Well, some tips were provided. Nothing really fancy if you have already day traded. However, no harm of revisiting the simple rules of […]
Market review video from Tradethemarkets.com
Here is an interesting link I have found on the web. It is a video made by John and Hubert from tradethemarkets.com . John reviewed a number of commodities and futures market after Fed meeting. Here is the video .
Charts: Futures recap 08-August-2006
If one of the trading rules is 'You don't need to trade everyday', Fed meeting day might be a good day to take a break from trading. Again, I decided to leave index futures alone for the day, and turned my eyes to commodities. Well, Gold did not have a good run. I was pretty […]
Charts: Futures recap 07-August-2006
As mentioned in my previous posting, if I were to point out the mistake of the day, the it was the miss of entry for Mini Crude. . Instead, I was looking at Gold, which bulls were too weak to go further. Let's back to business. Looking back at the 30-min charts, I guess I […]
Dummy day trading #6 07-August-2006: Mini Gold: Long trade closed.
I decided to look at commodities today, since most likely, stocks market will be waiting for tomorrow's Fed decision with some monkey moves. I do not know if I am making a mistake on this trade. Long position of Mini Gold was established at 661.7 , which was above 9am inside bar. Stop was moved […]
SG Market recap 04-August-2006
After making higher lows, STI (Straits times index) is hovering around resistance area. Short term wise, it is a little positive since short term moving average crosses above long term moving averages. This is accompanied with RSI below 80 and continueing making higher lows. STI is currently right above resistance area 2450. [photopress:sti_daily.JPG,full,pp_image]
