I ran a test over January on the morning breakout strategy that is very popular… especially with new traders it seems. When I googled the search term ‘Morning Breakout Strategy’, there was very little in the way of results but plenty of people offering advice on how to trade this popular strategy. So […]
Wishing you all a happy and prosperous New Year… may I take this opportunity to thank everyone for their support over the last year and let’s hope that our trading results are at least as good as in 2019.
I have not traded Bitcoin for some time now. I find the lack of price history gives me the jitters. But where next for bitcoin? looking at the daily chart, the trend to me appears to be down. But that doesn’t mean that the price can break out of the triangle to the up side. […]
I mentioned in my last post about how you can trade the DOW when President Trump hits social media with his doom reports. In this post I want to elaborate on that by sharing a video that explains on the importance of trading using Support and Resistance levels and how you can trade many other […]
It is obvious that every time that President Trump decides to tweet bad news about relationships with China, the markets take a nose dive. This has been very irritating. One minute my accounts are at all time highs and the next day they lose chunks of gains because of a tweet. Whilst I […]
Often I’m asked what and where, as a new trader should I start trading? Whilst the answer could be ridiculously long winded… it’s far easier to keep it short and sweet. So I’ll say, take a look at the the German 30 Why trade the German 30? I personally like trading […]
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 […]