Archive for May, 2009
One of My Favorite Trading "Set-Ups"
Posted on28. May, 2009 by admin.
One of My Favorite Trading “Set-Ups”
A fellow emailed me recently, asking: “Without giving away any precious secrets, could you tell me a way to improve my entries and exits (on trades)? It seems nobody wants to share their system.”
Well, first of all, I don’t have any trading “secrets.” What I do have is many years [...]
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Know When to Fold 'Em
Posted on28. May, 2009 by admin.
Know When to Fold ‘Em
One of my hobbies is playing poker and I can do it for free online. When I visit a casino and play poker, I usually make money. However, when I started to play online with play money, I had tremendous difficulty making money. And that didn’t make sense to me because [...]
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Too Many Strategies, But Still Frustrated?
Posted on27. May, 2009 by admin.
Too Many Strategies, But Still Frustrated?
It is not too far when the veteran traders got used to draw the trend lines using pencil and paper. Whereas the market data sent by mail to them and there was no computer and a trading desk. Were they really wrong by not using super analytical charting platforms? Were [...]
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People Think It's All About Prediction — But It Is NOT!
Posted on27. May, 2009 by admin.
People Think It’s All About Prediction — But It Is NOT!
Let’s look at some of the major methods behind investing or trading and see what they can tell us.
Trend following – If you buy what’s going up, it will probably continue.
Value Investing – Buy what’s undervalued because it will eventually become overvalued.
Seasonality – The market [...]
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Trade the break-out, trade the bounce, or wait for a perfect signal
Posted on25. May, 2009 by admin.
Trade the break-out, trade the bounce, or wait for a perfect signal
Trading the bounce from a recent price reversal that is hitting major support, will more times than not be more reliable than trading the break-outs to new highs. Contrarian trading the bounce tends to create more trades you are already in as the new [...]
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Central Banking: The Forex Influence and How to Read it
Posted on25. May, 2009 by admin.
Central Banking: The Forex Influence and How to Read it
The role of Central Banks
Central banks are at the heart of the financial system of any given country in that they are the authorities controlling the supply of money, and therefore control how a regions economy functions. They evolved from the lack of stability in financial [...]
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Crude Hits $60 a Barrel!
Posted on19. May, 2009 by admin.
Crude Oil prices rose Tuesday, briefly topping $60 a barrel as analysts expected a drop in U.S. crude inventories, though gains were limited by disappointing U.S housing data. Oil’s gains yesterday were aided by the Dollar’s slump against the other major currencies, which bolstered demand for commodities as an alternative investment. Crude was up 62 [...]
