Trading Systems Day 3 This blog is a continuation looking at trading systems, in particular the 1 - hour trading system.   Today is Day 3 of trading systems, so what did the markets do today? 1 Hour Trading System Day 3 - 19th August 2015 Today's first hour has 47 point range. The First hour high : 6509.06 The first Hour Low : 6463.39   Long entry is 6510...Target 6557 Short Entry is 6463...Target 6416 Stops are 47 points and Targets are 47 points for Today. This falls a little bit outside the acceptable points range but I would still place a trade.   (Charts created using MetaStock Pro 14, Try it now for free for 2 months - MetaStock Free)    ...

Trading Systems Day 2 This blog is a continuation looking at trading systems, in particular the 1 - hour trading system.   Today is Day 2 of trading systems, so what did the markets do today? 1 Hour Trading System Day 2 - 18th August 2015 Today's first hour has 38 point range.The First hour high : 6564.55The first Hour Low : 6527.79 Long entry is 6565...Target 6603Short Entry is 6527...Target 6489Stops are 38 points and Targets are 38 points for Today. This falls into the acceptable points range so a trade would have been placed today.   (Charts created using MetaStock Pro 14, Try it now for free for 2 months - MetaStock Free)    ...

Trading Systems Trading systems have been used all over the world for centuries, why are they so popular you may ask? Well it's because of the many benefits the trading systems provide such as providing entry and exit points, taking the emotion out of your trading, providing a plan and consistency and hopefully making you some profit. This blog will be looking at a few of these trading systems and looking at how they work and how they perform. There are so many trading systems to choose from that it can be hard to decide which one to use but it does depend on what type of trader you are and the level of risk and complexity you would like to take. Whatever trading system you decide to use you should try to have a few rules in place things like: • Try to stick to one trading system at a...

Achieving success is no easy task for any businessman. Success does not come without struggles, hardships or failures. Learning and training may help initially but one learns lot more from failure. All successful businessmen learn hard lessons from their mistakes and try to develop their own strategies to attain success. Most of them do not help others or suggest ideas for the beginners to avoid similar mistakes because they fear competition. This is truer of stock trading than any other field. Stock traders are tight lipped about their strategies. The risk involved in Market Stock Trading is high and money can be lost or gained in a matter of minutes. Most of the experienced traders in stock market do not offer advice or help to newcomers. Trading in stocks requires a great deal of general knowledge, technical knowledge and experience. Besides, the trader must have confidence and courage to face his...

This blog is basically an overview and update on my experience of using the inside-bar trading system, which I have been using for the past two months.  I am very new to trading and wanted to try out a trading system rather than trade on my own.  There are many trading systems out there so it was hard to decide which one to go for initially.  However, I wanted to try one that was simple, easy to follow and one that wouldn't take up too much of my time and these are the reasons why I chose to do the inside-bar trading system.     This system basically involves looking for an inside-bar, which is a bar contained within another bar or candle.  Once you find one you then look at the 21(EMA) moving average, if the average is pointing up you would go long about 3-5 pips above the high...