Possible snipe on Expedia
The annotated chart (clickable to enlarge) below gives the analysis. This is note meant as a tip. The SYP applies if you lose your money. Update: Successful snipe – results are on the last image below.
Articles for tag: spreadbetting, indicators, analysis, snipe, stalking, opportunity
Getting the ‘fish’ ready for table
I’ve been thinking much more about strategy and planning. I’m appreciating even more how the fruits to be had from this approach. This hit home really well when on Friday 25th July 2015, I achieved a good profit on some trades, shown below. On reflection what I did very differently was to select Athenahealth carefully ...
What about Fibonacci?
It’s a long story and an very important one for all traders – what Fibonacci is about. Why is Fibonacci so powerful? It is an operating principle in nearly every sphere of our existence. Some have referred to it as the hand of God or God’s fingerprint. Fibonacci in socio-economics After many months of interacting ...
Basic concept of leveraging
Spreadbetting is about leveraging*. In spreadbetting a bet may be only £1. What does that mean in real terms? A share can be worth £50 today on the stock market but on leveraging platforms it may appear as 5000 points (bear in mind that I’m only using the word ‘share’ conveniently because you don’t own ...
Stalking Skyworks Solutions Inc
Skyworks is a uniquely strong equity. Overall the indications are that there is probably going to be a bounce up on the Earnings Release on 23rd July 2015. This is not a trading tip. If you play this and lose real money, you do as we always say – ‘Sue yourself’.
Introduction to MACD
MACD is a useful indicator in many situations. As always it ought not to be used on it’s own to make decisions about probabilities of price movement. It is like most indicators, a lagging indicator. That means that it looks back (all any indicator can do) at price and gives a representation of what was ...
Lennox sniped
The following chart shows a snipe that was being prepared for in the background. The trade is now concluded with a profit of £888 on a £1 bet. Many thanks to one of our new traders for spotting this set up, in advance. The opportunity came quickly so didn’t blog it before hand. The algorithm ...
Danger in volatile instruments
The chart below is of BITCOIN (BTCUSD). Some people would have lost a pile of money on just a 10p bet even though they had stop-losses in place. No – this didn’t happen to me. What this means is that there are hidden dangers in playing very volatile instruments. You have to know the name ...
What’s powerful about support?
When I first started off trading, I had my doubts about whether the concept of support (and resistance) was actually for real. The chartS below are some fine examples that demonstrate the power of the concept. Support means that which resists falling through the floor. It’s just like a floor actually. Floors do break on ...
GUPPY PERSPECTIVE ON AUDNZD
The perspective on AUDNZD below, gives a picture of a trend breakout to the upside on daily chart. Spikes in or through the slow EMAs (in red) have been rejected. The screenshot below speculates on what may happen. The SYP applies.
