Bitcoin trading was hot topic for the press again recently. Bitcoin was about to make a comeback… $20000 to be reached within the next month… blah blah blah. You’ve heard it all before. What was interesting[ at least for me] was that the price finally broke past the 10000 barrier again. Then the bulls pushed […]
Moving averages are the most commonly used of all the technical indicators. They have the uncanny ability to get you in and out of trades without trying to find tops and bottoms. Moving Averages can identify long term trend direction. They can be used to identify stop loss levels too. However, […]
If you are serious about making your trading pay, then you really should invest the time to make specific trading goals to reach your desired level of income. Before I had ever read the book Goals by Brian Tracy I had always set specific goals for myself whenever I was trying to achieve a certain […]
What is the best moving average to use? In answer to that question, there are many. There is not one particular moving average (MA) that anyone could claim is the best. But here we are going to focus on some of my favourites for long-term, medium-term and short-term trading. We will be […]
I recently explained a simple trading rule to remember to my spread betting students. Sometimes when you are trading, the daily charts may seem flat and untradeable. There looks like there is nothing going on and opportunities seem scarce. When this happens, don’t be afraid to drop down to using the 4 hour and 1 […]
New Trading Strategy Here are the January 2019 results of my new trading strategy. The blue arrows are winning trades with an average of 70 points profit. The red arrows are losing trades with an average of 35 points loss. This equates to around 665 points profit. All trades were between 7 am – 7 […]
I want to share with you today a book that I have read a couple of times over the last year. It has absolutely nothing to do with trading… but then again it could have everything to do with your results from trading. Any of you that have read the blog for any amount of […]
Well 2018 turned out to be a nice year. Although on a trading front [for me personally], 2018 was one of my quietest years. I didn’t trade anywhere near as much as normal. This was a planned decision at the start of the year. The first reason being I wanted to be on call to […]
Here’s wishing everyone a very Happy Christmas and may the new Year bring all of your wishes. I will do a full update of this last years trading after the first week of January and as promised let a few more students into my trading course. Whatever you are doing this Christmas, have a good […]
The DOW Moves Higher If you had read my post on 26/10/18 I gave you my views on where I thought the DOW might be heading over the coming weeks and months. I said that I expected the DOW to move higher. This was my own personal analysis from reading the daily charts and taking […]