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Welcome to Trading Communities 1.0!
Why 1.0? Because we have grand ideas, and they are just taking a little while to execute in the quality we would like to deliver for our community members. But since time waits for nobody, let’s get started! It’s not pretty, it’s not revolutionary, but it is here and it is now!
So what exactly is Trading Communities all about?
Over the past several years I’ve had the good fortune to have traveled around the globe, from the Americas, to Europe and Asia. During my travels I was …
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Read more... »The week that was:
So Thursday and Friday certainly gave us something to think about with Obama upping the ante on the war against the bank in the U.S. Then again they have to expect some sort of reaction after brining the world to its knees and putting their hand out for assistance.
From a trading point of view these “news” events are always annoying as they disrupt nice trends and wash out stops, but they do provide our next base to move forward from. Whether the selling is limited to …
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Read more... »The week that was:
The highlight of the week was certainly the swinging price action on most markets as news pushed price first up, then down. All in all not a lot of opportunities in those conditions for me. It’s times like this when the value of a longer term system shows though. Having entered several positions early in the week the long term trades didn’t even look at the stops, while one of the mid terms was quickly run over with spike before recovering. Both systems have their unique advantages, …
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