I thought that this might be a good video to watch as I had to scramble a bit to salvage a gain from the trade. The darn thing almost stopped out for a gain three of four times but stopped one tick short. I finally had to move my stop up to 7 ticks as the market started to consolidate and I worried that the trade would go south. It was a pretty interesting trade and I actually had to think a little as the trade played out. Did I do the right thing? Let me know what you think.
The Fractal Futures Trader
Learn to Make $500-1000 a Day Trading the E-mini Contracts
What Type of Investment to Trade: Futures, Stocks or Forex
In recent years another investment class has appeared and it is called Forex. Opinions on the Forex market range from a wholehearted acceptance of the investment to some investors who are, to say the least, very wary of the Forex market. I trade the Forex market from time to time and have not encountered any of the alleged horror stories some investors claim occur. But I think it is important to note that the Forex market, as opposed to the stock and futures markets, has very little transparency.
The Simple Moving Average
Not many indicators get less respect than the diminutive simple moving average (SMA). Though there are a multitude of useful applications for the SMA, most traders opt for more complex indicators in their trading methodology. To my way of thinking, this is a mistake. There are very few charts I use that don’t have some variation of the SMA included on them.
Subject: Is the next big step in gold in place?
In this new (brief) video, I show you how this market is setting itself up for a large move to the upside. I’ll also point out that I don’t think this is going to happen tomorrow. The video is about two minutes long and I think it will give you a great insight into the past and future of the gold market.
Click here to see where I think gold is headed. Up? Down?
As always, our videos are free to watch and there are no registration requirements.
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Looking for a killer Forex set-up with a high success rate? Click here to check out this killer Forex trade set-up. I use this particular trade myself, it works!
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