Recent content by Daniel_Ball

Entered this trade not perfect set up but divergence bar swayed me, stops tight.

Well FOMC continued the status quo with no promise of QE3 in the immediate future, meaning the QE3 trade is still in play and QE3 rumours will be wheeled out again next time a decent down trend gets underway pfft. Scope for disappointment from ECB today, yea sure they're gonna buy bonds didn't...

Cable short hit TP +100pips, will probably remain flat for the minute and await the inevitable volatility on Thursday pretty sure there will be a break out set up or failing that a retest when the dust settles.

Closed DOW short at daily pivot for +26pips out of sheer boredom it's seems we're going to hold a tight range till tomorrow at least. Cable is grinding down toward my 15,641 target and has broken out of a H/S pattern visible on the 1hr.

Gone short DOW from 13,106 with a stop above yesterdays high at 13,140 target 12,944

Nothing new today sideways movement, key events this week are Draghi unavailing his plans on Thursday at 12:30GMT and the results of FOMC meeting on Wednesday. There is scope for disappointment on both counts if FED holds off on QE3 and or the ECB announces anything less than has been speculated...

Well no fireworks over the weekend everything is pretty close to where it closed on Friday, a few headlines over the weekend hinting at German dissension over using the ECB to intervene in the bond market. As I'm short cable this article speculating over an interest rate cut by the BOE was of...

Hi, I've been trading for four years now and thus far only managed to wipe out one account, that was in February 2010 after that I've vastly altered the way I trade putting the emphasis on money management. I've spent time studying various methods, Bill Williams and Timothy Morge's market...