Thursday 15 January 2009

It's been a while!

Hi I hope everyones trading is going well!

It's been a few day's since my last post as I have been really busy striking deal's with some developers for some projects I have later in the year; and also I have spent most of the week glued to the computer trading the life out of google.

So far this week my total gain is around the £7,500 mark most of this was the large intraday swings google had to give.

UPDATE ON SPREAD BETTING GENIUS

My developer is going on holiday for 2 weeks and this means there maybe a delay on the release on my software!

I'm doing my best to have it out mid February but I can guarantee this due to his holiday.
We may be looking at the start of March for the beta release!

I have asked him to re-design the user interface and also turn this software into a web based product instead of a desktop application.

This is for various reasons but more so it will run better and is easy to update.

I'm still working on my new website and I have pretty cool little feature there; you will See it when its up and running.

Anyway I'm off; I hope to post another video in the next few days.

Davie

Thursday 8 January 2009

1 Minute Wonder

Hi,

Hope you are all well!

Anyway I decided to post this video; this shows one of the methods I use to trade on 1 minute charts.

I use stochastic 5,5,5 along with good support and resistance zones. What I'm after is quick gains that normaly last around 1-5 mins.

The aim of this system is to catch the bounce of the s&r areas which often provide 5-20 pips worth of profit.

If the trade reverses and breaks the zone I'm trading from by around 7 pips then I will exit the trade.

This little method is one I use to trade the futures time to time but it can also be used on forex as the video will show.

Anyway I hope you like it.


Wednesday 7 January 2009

UPDATES

Hi all!

Well I decided to take the day off trading and go out to play some golf this afternoon!

I have not had the time to look at any charts as I have been up to my eyes with emails and taking phone calls from my software developer, also I have been putting some work into the layout of the new website which is taking ages for me to do, but is looking good.

The software is coming along well and I had another look at the progress the developer was making.
He first phoned me at 10am this morn to ask about the fib lines and my %gain theory, I think I had him pretty confused. Anyway that was all sorted and from what I can see its taking shape pretty well.

I still hope to have this out by the 7th FEB at the latest!!!

On another subject I'm working on the new manual and CD's well I'm only on the manual just now and really I still have a lot of work to do here.

I dont't know for sure when this will be ready & I don't think I can really give a rough idea to.

All in all the website seems to be the fasted thing out the 3 projects that seem to be moving fastest.

I will update more on all 3 soon.


Right well I think I will go and look at some charts for tomrw. I don't know what the hells been going on today but I will find out and I may find some nice set ups.


Davie

Tuesday 6 January 2009

The SWINGING DAX



The DAX future offered some nice swings on the one minute chart this morning.

Doing a little scalping here and there on the various opportunities, I have been picking up around 5-10 points per trade; with the trades lasting no longer than 6 mins its been a fast morning so far.

On the other hand the FTSE & WALL STREET contracts 1 min charts have also been offering great chances today to make a few bucks on the quick side of thing.

The 1 minute charts have been giving very nice and fast gains, I will have to keep an eye on these 2 charts this afternoon as I think there will be opportunities to make a few points here.

Monday 5 January 2009

Markets Flat At Lunch Time

It's around 12.30pm Monday lunch time and the markets are flat.

Just checked the FTSE, DAX, DOW,S&P and nothing much going on in the 5 min charts.

Loking at the daily charts price does seem to be at the resistance on some charts and there is some patterns that maybe broke later on.

As it Monday and many trders will just be starting back after the holiday period the markets maybe a bit slow. Theres not a lot of volume or momentum going on and this is why price is flat.

At the time of writing this the FTSE is at 4535 Wall Street 8950 and S&P 924.

I also have one eye on RIO TINTO which also seems a bit flat at 1717. But on the daily chart it has broke resistance.

Sunday 4 January 2009

FOREX TRADES

Okay decided to do some forex trading today to see what was going on in the markets.
Having loaded up the charts I found 4 charts that were looking good against the long term stochastic, the 4 video trades were short term and based on support and resistance with the added strength of the long term stochastic. Everything went well 3 winners 1 losing trade.