Monthly Archives: February 2009
GBP/USD Forex Day Trading Signals
| February 27, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If signals have not developed by about 4:30 AM ET, then do not take trades. Take multiple lots so you can exit at 3 different prices. The amount of the…
Work On Yourself to Improve Your Trading
| February 26, 2009 | Posted by admin under Site Info |
There are many great trading products out there, and I have a few that I have enjoyed listed in the Reading Material section of the site. While it is important to develop our trading skills, it is also very important to work on ourselves. By bettering ourselves, creating more discipline or learning new skills we…
GBP/USD Forex Day Trading Signals
| February 26, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If signals have not developed by about 4:30 AM ET, then do not take trades. Take multiple lots so you can exit at 3 different prices. The amount of the…
GBP/USD Forex Day Trading Signals
| February 25, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. If signals have not developed by about 4:30 AM ET, then do not take trades with this strategy. Take multiple lots so you can exit at 3 different prices. The…
Don’t get excited over the stock market rally, yet…
| February 25, 2009 | Posted by admin under Stock Market Analysis |
The market rallied today up more than 230 points on the Dow Jones Index to close around 7,350. It is possible that the break below 7,500 was a bear trap. But with confirmation from so many indexes, it is more unlikely. Rallies occur in bear markets all the time, it is whether the upward pressure…
GBP/USD Forex Day Trading Signal-2
| February 24, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. They are for the start of the European session. Take multiple lots so you can exit at 2 different prices. The amount of the stop in pips times the amount you take should not be more than 5% of your…
GBP/USD Forex Day Trading Signals
| February 24, 2009 | Posted by admin under Day Trading Ideas |
Please read the latest How to Use the Day Trading Blog before using these signals. They are for the start of the European session. Take multiple lots so you can exit at 3 different prices. The amount of the stop in pips times the amount you take should not be more than 5% of your…
How to Choose a Forex Broker
| February 23, 2009 | Posted by admin under Intro to Trading |
Not all brokers are created equal and I have been through my fair share of them in my trading career. When choosing a broker here a few things you will want to consider: -Is the price listed always tradable? Since most retail forex brokers today offer fixed spreads, this means no matter what market conditions…
S&P Confirms Swing Down
| February 23, 2009 | Posted by admin under Stock Market Analysis |
The other day I talked about how the S&P 500 had not broken below its lows. Today it did, confirming the down swing we have already seen from the Dow Jones Index. Targets for the downswing are 6000 of the Dow and 600 for the S&P. If even further confirmation is need the German DAX…
GBP/USD Forex Day Trading Signals
| February 23, 2009 | Posted by admin under Day Trading Ideas |
GBP/USD Signals Please read the latest How to Use the Day Trading Blog before using these signals. The signals are for the start of the European session. Take multiple lots so you can exit at 3 different prices, potentially. The amount of the stop in pips times the amount you take should not be more…
DOW 6000?
| February 21, 2009 | Posted by admin under Stock Market Analysis |
I have talked about the Dow Jones Index going to 6000 for quite some time. From the first time we tried to break down to this level we saw a rally, but that rally was stifled on multiple attempts to break above 9000 with any conviction. The market again broke lower and has now failed…
How to Use New Signals (Feb19 and after)
| February 21, 2009 | Posted by admin under Day Trading Ideas |
Comments off
|
The free forex signals are back! Read through all of this before using the signals. AFTER THE SIGNAL HAS BEEN POSTED, READ THE COMMENTS TO THAT POST. In the comments is where the updates to the trades will be – these are very important. These signals do not predict which way I think the market…
GBP/USD-update
| February 20, 2009 | Posted by admin under Day Trading Ideas |
I have pulled in my stop to 1.4229. I am currently “short” based on the sell given earlier and will stay in that ttrade until the stop level is violated. If the stop level is hit, then BUY at 1.4230. Stop is again about 25 pips and bring it to breakeven if 30 pips onside. …
GBP/USD Forex Signals
| February 20, 2009 | Posted by admin under Day Trading Ideas |
Sell at 1.4220. 25 pip stop. Once 30 pips onside then move stop to break even. Exit trade between 4:30-5:00 AM EST. You can trail stops as profits increase. Welcome to the trading signals! These signals are going to be posted at exactly 2:00 AM EST, and the entry price will likely be seen with…
Proposed Tax Bill Could Cause Major Problems for US Traders
A proposed House of Representatives bill-HR 1068 would tax each buy and sell order by up to 25 basis points of the transaction value. While it is hard to say at this point whether the bill will be passed I encourage active traders and investors in US markets to do what they can to oppose…