The world is still going to hell economically and yet the markets stay bouyant?
I am astounded to say the least and it looks like my bhp trades are going to bleed me horribly.
I am praying to the economic god daily for a big downtrend.
Sadly its not happening
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I signed up for Forex Ambush today and have set up my Metatrader for all the currencies that they use and saved that as a profile for quick access.
The service looks excellent and I will be making another blog dedicated to the efforts I pursue using this tool.
You can read more about it here
From all the blurb on the pages I am already sold!
See what you think for yourself
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Usually at EOY you will find the USA has a steep sell off of equities with the intent of creating a tax write off for the last financial year.
I have been banking on this with my options purchases and am now beginning to sweat.
10 more days till time decay is a severe problem and I have to cut my losses.
Economic GOD please bring on the SELL OFF NOW!!!!
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I was emailing support for the Stock Assault program that I am on at the moment with questions and noticed in their footer an ad highlighting Forex Ambush.
Basically this is their AI being used to pick forex movements. It claims 100% success or your money back for the first 60 days of use. That to my mind is a good length of time to test and use.
I will be jumping in early january to see what I can rustle up using it!
If you are interested in knowing more:Click Here!
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So the autopilot works… most of the time.
I had a big week last week with Thursday peaking….
I traded myself up $2000 in just over 1 hour doing a method I have learnt now is called “Scalping” and apparently frowned upon by some brokers… oops!
The very next day…. last friday… I got cocky.
Put on some bids and then it went against me hard. I was so in shock i didnt kill the trades fast enough and I was instantly down $3000!!! I was terrifying to say the least. I am only now beginning to recover. Scalping is a hard core trading method and from what I have discovered is only reliable in hard trending markets.
So since then I have been testing my ideas on a demo account and learning learning. Apparently the best way to learn is to lose as that is when you learn the most. Fingers crossed my learnings arent so expensive!
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Autotrading is a serious business and there is an international competition run yearly on it.
You can see the results from this years “Expert Advisors” here
Amazing results!
I’d love to see their code!
It looks like I will be looking at programming these advisors for myself.
It might be more profitable
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Ok,
So I did some demo account testing with a local forex company for 24 hours. At the end I was up $350!
That was enough to convince me to try it on real money.
In the first 2.5 hours I was up enough to cover the cost of my money transfer and then a some more!
I am going to let this run over night and see what happens.
Suitably impressed!
You can check it out Here
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One of my fascinations has been Forex trading for a while now.
To me it seemed the realm of high danger and high profits as you can make extraordinary money in no time and lose it as well.
I stumbled upon this site that may help with people that have no idea about forex which includes… me
I have set up an demo account with an australian company and have been practising… its been quite easy altho in theory I am down 1211 usd
So this tool that I found seems to make it a simple no brainer to making money on forex.
You can see it when you Click Here!
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Sooo, Goldman Sachs reports a loss of 2.15BN last QUARTER! The Federal Reserve cuts rates to 0.25 % !!!! The USD goes down $2.00 and the DOW rallies????
Yes folks we are in UPSIDE DOWN WORLD.
I did however manage to get on to a trade that made me a little money using a relatively new stock picking tool that I will link to below.
This tool is a AI device that appears to have more hits than misses. Its meant to be used for stock picking only and therefore works best with stocks going UP. I figured if its going up you might as well have CALLS on it and put some money on what I deemed to be the best of the best picks the other day. It worked fine
I was up 30% and rtb (robbed the bank) taking profits early this morning. If I had left a trailing stop on it I would be more up but hey I was being uber cautious. Even more cautious than the softwares picks are!
I analyzed the last 3 months of picks and found that it was often right and cautious in its trades resulting in a high win to loss ratio meaning you almost always come out on top.
You can check it out Click Here!
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The us market ran along the knife edge last night. It will only take the smallest negativity to make it run down.
Clearly it was not a strong day after all the negative sentiment in the rest of the world.
I wonder what this will bring for Australian markets on monday?
My intuition is that they too will be very weak and more than likely down as there is nothing to prop them up.
Bad news all round all over continuously is not good for profits!
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