Lotto
Showing posts with label Forex. Show all posts
Showing posts with label Forex. Show all posts
Thursday, June 19, 2014
Al Brooks Trading Channels
Al Brooks presents on Trading Channels.
The best Intraday no BS trading Course that I recommend is here http://bit.ly/1qqQyUY
Wednesday, June 18, 2014
Tuesday, June 17, 2014
Al Brooks on Trends, Reversals and Ranges
In this webinar, Al focuses on live chart analysis of the SP500, DOW, Euro, Go...
Sunday, February 5, 2012
AUS/USD Intraday Trade 03 Feb 2012
Came back from holidays and it took some losing trades before I got my mojo back.
The AUS/USD is really strong and providing good trading opportunities. In the chart above found the AUS/USD in perfect measurement and finding resistance at the 1.0728 level. I entered short thinking that it was going to reverse and go south. However I was stopped out and had a breakout on my hands. I quickly went long and added to the position on signs of strength.I know from experience that the green extension line at 1.0743 has a very high chance of being the top of the run. I sold into the level.
It soon created a double top and entered short again on the break of the low of the bar that mad the double top,( This I learn t from Al Brooks). I assumed again that price action would fall to around 1.0687 level. As you can see I added to my position on the rejections of the counter trends. I caught a good trend down until I was stopped out at 1.0703.
Aggressive adding to a position can create good profits even on small runs.19 + , 38+ :>
It soon created a double top and entered short again on the break of the low of the bar that mad the double top,( This I learn t from Al Brooks). I assumed again that price action would fall to around 1.0687 level. As you can see I added to my position on the rejections of the counter trends. I caught a good trend down until I was stopped out at 1.0703.
Aggressive adding to a position can create good profits even on small runs.19 + , 38+ :>
Thursday, December 1, 2011
Things that make you go boom - AUDUSD Forex trade
On the 30th of November I was trading the AUDUSD around 12.30pm and things were quiet. I went long. Here you can see things weren't going anywhere.
The little black boxes indicate buy signals which I took. Then out of the blue BOOM!. Like a rocket the price went straight up. Now the news which was slow in comming out was that the central banks have decided to all be friends and lend to each other. How nice and the market went nuts. Within 2 minutes I bagged 156 points and my trading account doubled. :>
Just to note with a windfall profit in such a quick time frame I choose to take profits before the market decided to sell off. By being flat with a great profit I was ready to scalp again higher up and took a quick profit. As all good things come to an end sometime.
The best Intraday no BS trading Course that I recommend is here http://bit.ly/1qqQyUY
The best Intraday no BS trading Course that I recommend is here http://bit.ly/1qqQyUY
Subscribe to:
Posts (Atom)