Where financial traders gather
Can anybody teach you how to have a first major sexual experience? Chrysst! Do you go to mum or dad and say ‘teach me’? Does reading a book or video on it actually teach you much? I’m afraid this graphic example is only to suggest that you can read all about it – but doing ...
There are many traps out there. This one is typical. Don’t get caught up before an earnings release.
Results of the snipe are visible by clicking the thumbnail below. The assessment of this stock as a good snipe opportunity undertaken about a week earlier. I do not go into the whole process here. There were particular features of the personality of the Monsanto stock price chart, that led me to think it was ...
Support and resistance are absolutely important concepts for all traders. Supporting what – and resisting what – are the questions that most new traders ask in their own minds. The easiest way to imagine ‘support’ is by reference to physical analogies. Forget about charts and trading for a moment. Have you ever needed a loan ...
This is a snipe on the National Grid that is now in profit. In this particular stock (spread-betted on), I aim to show the ‘personality’ of the stock. Well of course a stock can’t have a personality as such. By personality I obviously mean the collective mindsets of those involved in the market on this ...
Chevron is at an interesting point in it’s history. Price has hit a reasonably strong band of support going back to 2013. (see update at end). Basic fundamentals on the stock look possibly favourable. I’m watching this one carefully. (Note that the ‘sue yourself principle’ applies if you trade this and lose.) Update: Profits on ...
The Forex (foreign exchange) markets are the biggest and most liquid in the world. Every day about 4 Trillion US dollars (USD) are turned over on that market. Compare that with 50 Billion/d on the New York Stock Exchange and the GDP of the UK/yr being 2.9 Trillion USD. A UK Trillion is 1000 Billions. ...
The Altria set up is looking very interesting indeed. I’ve entered long on this. [Note that the ‘sue yourself principle’ applies if you lose betting this]. 17/03/2015: Update. Based on my analysis of Kroger, I calculate that Atria is similar. Yes – I could be wrong. This is not about being right. Profitability is about ...
Item Parameter Stocks & Shares Spreadbetting Notes 1.0 Value Has an initial money value because it is an asset No money value because it is not an asset. The idea of making money from something that has no actual value may seem strange. The money has value. But there is no sale of an asset. ...
I’ve hardly ever won at this currency pair on Forex. But that does not deter me. I’m looking at it again and have shorted it recently at the peak with a very wide stop-loss above. There are some interesting patterns in the chart which means to me that the probability is favourable. Trading currency pairs ...
SniperElite
