Tags » Trades

A Simple System - Crossing moving averages

OK, so here’s a simple system that can be run in tandem with our previous if you wish or on it’s own.

We place 2 simple moving averages on our chart, SMA 5 and SMA 10. 290 more words


End of Day 1

So by the end of day 1, here’s how we performed.

Total of 13 positions, 6 wins and 7 losses. Not a good start huh?? Total Net loss of $2.07 USD. 177 more words


Day 1 – Oct 20th 2017 – Trade 3

Here’s another setup that looked promising. GBP/USD  peaked outside the upper Bollinger band, followed by a red candle downwards and stochastics pointing down to break the upper 80%. 447 more words


Chain letter

A cautionary tale about what can happen if you start trading cards with unsavory characters you’ve met on the internet…

I received a stack of cards in mail today from…

185 more words

Trading with the trend

So I introduced to start with my system of trading against the trend, taking advantage of small corrections in the market before the trend continues. 415 more words


Day 1 – Oct 20th 2017 – Trade 2

So our setup of the AUD/JPY looked good, I entered the trade in a SELL position. All criteria was met, the price had closed back inside the upper Bollinger bands, and stochastics had moved back below the 80% line signifying a potential downwards movement. 68 more words


Day 1 - Oct 20th 2017 - Setup in the making 3

Here’s the GBP/JPY showing a strong move upwards, breaching the upper Bollinger band, and the 80% stochastics level. We will monitor this one as well. 176 more words