Archive for August, 2008

Just an Average day Today…..

Aug 29, 2008 Posted Under: Trading Forex, Trading Indicies
Had a small losing trade on the Dow, followed by a very small loser on the S&P then good winner on S&P. Still finished before 10am and up for the day. On Forex cable was slightly unkind with a losing trade then a nice trade that allowed the trend to be followed on the 2nd contract to get 10 pips ahead overall for the... Read More

August 28th Trades on Dow and Cable (Gbp/Usd)

Aug 28, 2008 Posted Under: Trading Forex, Trading Indicies
Small loser to kick the day off on the Dow but a small winner then another winner later got us just back into profit. Cable was much more kind with an easy winner. Combined video... Read More

Over 100 pips on Cable (Gbp/Usd) so far…..

Aug 27, 2008 Posted Under: Trading Forex, Trading Indicies
The trades on the Dow were the usual stuff and up 10 tics after 2 trades so done by 9.40. Cable actually gave a losing trade for thse in the Uk and trading early but later gave a winner with one contract and the 2nd contract still running and now up 96 pips on that, plus 15, less 20 lost= 91 pips up. Cable video here and Dow... Read More

Finally Got To Trade…….

Aug 26, 2008 Posted Under: Trading Forex, Trading Indicies
Finally got a new phone line so back online. Trades on the Indicies saw a $55 profit (per contract) and 2 winners on Forex gave 30 pips inspite of it being a day of no real trends. Indicies Video... Read More

Nice end to the weeks Trading

Aug 22, 2008 Posted Under: Trading Forex, Trading Indicies
Both Forex and the Indicies made profts today. Forex had a couple of 15 pip winning opportunities and inspite of a losing trade on the Dow the S&P delivered a winning trade putting us just back into profit there. Video... Read More

Forex Trades and Dow Trades Today…..

Aug 21, 2008 Posted Under: Trading Forex, Trading Indicies
The first good trade on Cable was at 7.15 UK time when the maket broke up through the overnight resistance. There was a short trade at 11.30Uk but the trade I took was at 9.15 Est when there was a Buy signal that allowed the profit to be taken without a new high for the day being made. The Dow was quite straightforward to trade today.  Two winners giving 10 tics and all done by 9.35 Est. Video... Read More

Two Winning Trades on the Dow and on Cable (Gbp/Usd)

Aug 20, 2008 Posted Under: Trading Forex, Trading Indicies
An easy day today on both The Dow and Forex. The Dow gave us 10 tics and Cable 30 pips. Just a single video covering... Read More

Another slightly difficult day trading the Dow and Forex

Aug 19, 2008 Posted Under: Trading Forex, Trading Indicies
Surprise, surprise, markets that are “trending” are easier to trade than markets that are moving sideways. The Gbp has finally slowed, in fact stopped it’s steep descent of the last several days and given a move difficult market. Still managed a winning trade but patience was certainly needed. Video here. The Dow is back on it’s move to lower levels and was kind enough to give us a more normal 2 winning trades by 9.40 Video... Read More

Day trading the Dow and Forex - August 18th

Aug 18, 2008 Posted Under: Trading Forex, Trading Indicies
A very ordinary day today, on the Dow there was a losing trade then no chance to get that back as the market was pretty weird today with big moves followed by sideways action. The Gbp/Usd wasn’t much better but did manage to get just a single winner out of that. Video of both... Read More

Day Trading Forex and the Dow - August 14th

More like normal today with just the usual single winning trade on Cable (Gbp/Usd) to get 15 pips and 2 winners on the Dow giving a total of 17 tics on that. Most, or least many, people really make trading hard by trying to wring every last drop out of a trade; they try and “trade” the move and “ride out” the corrections only to endup giving back most of what the market had given them at some point. The FiveTic  philosophy is to take what the market is happy to give without working up a sweat. That way we are pretty well always moving forward without having to recover from losing days. Todays Dow trades here and the Forex trades here. I’m collecting my new motorcycle tomorrow so will be out playing rather than trading so back on Monday. Have a good... Read More