Search results

I ran a brief (sample size of less than 1000 sessions) study on the aussie market a few years ago. something like 70% of highs and lows were made in the first hour of trade, usually the first half hour link to vid is here http://www.youtube.com/watch?v=gFyHPNE9jFs&feature=channel_page

Just thrash the trend for all it's worth. Focus on your risk management which will pull you out when the trend looks wobbly or ends. I can spend my life ranting and raving about how illogical the market can be but what would be the point? Interesingly, MACD is starting to show divergence on...

Looksmart - LOK had been scalping it for 0.5c increments during my day trading days and had not been expecting any major news.

I was long a stock that was listed both on the Nasdaq and here in Oz several years ago. I went long at 21.5c on a Friday at the close. On Friday night our time it came out with a ripper announcement in the Us and rallied about 40%. Come Monday morning, the pre-open indicated an open of...

some bad news came out for a stock I was following in 2002. It had peaked at 55c a few weeks before and had been steadily dropping in anticipation of the bad news that was coming. The day before the announcement it closed in the low 30s. The opening match was about 15c which I thought was...