S&P 500 trade finally breaks out to a new all-time high
My S&P 500 trade (ETF Proxy – AMEX:SPY) finally broke out to a new all-time high and in doing so triggered my stop loss orders. This breakout has occurred due to political events and is…
making money
Position Sizing
The most important part of any trading plan is “How Many Shares do I buy”? It’s frequently the most overlooked. In the last post I talked about clusters and it’s not what retail traders want…
IX Investor Show returns to Barbican
The IX Investor Show, which was launched in 2003 at venues including London Olympia and ExCel London, has now moved to the City! This dynamic event, which aims to showcase all the leading trading and…
S&P 500 challenging upper reaches
My S&P 500 trade (ETF Proxy – AMEX:SPY) is challenging the upper reaches of the red zone as I wait for resistance to manifest itself. If the highs of this area (Near $192.50) are broken,…
Clustering and why trading can be difficult
If you have read my last article then the concept of system expectancy should have you in good spirits. Assume you can call the markets more than 50% of the time. Then, if your reward…
The concept of Expectancy
Over the years I have horrified quantitatively orientated seminar audiences by using a coin to predict market direction. I always ask, “would any of you trade with a coin”. They all to a person laugh…
What’s next for the £?
With interest rates back on the agenda with the FED and the BoE maybe we are finally now in the markets moving away from the non-existent growth figures and are looking for the inflationary and…
FTSE at pivot point
With no surprises from the B0E of an unchanged base interest rate and holding steady at £375bn of asset re purchase, we find the FTSE at a real key pivot point. On the daily charts…
The Russell 2000 trade update
The Russell 2000 trade is now down approximately 7% since the trade began, and has behaved itself every step of the way. Each price wave had plenty of power and therefore was predictable as you…
FTSE’s outlook conservatively bullish
The last time we discussed the FTSE 100 it was trading just above the 6,500 points area, a level that had been confirmed as a medium-term support. I said that the key resistance area seemed…
