Saturday, September 10, 2011

On my trading style

Before I start commenting on the market, I would like to tell you a bit about my trading style, so you can understand better my take on the market. I am mainly a technical trading person, I mostly rely on bollinger bands, moving averages, and these technical indicators: Volume, momentum, ultimate oscillator, and ichimoku clouds. Since the market tends to be so volatile and unpredictable from day to day, especially these days, I do mostly day trading, once a day three times a week, although sometimes I will hold a position if the trend is strong. I have tried trading on longer terms, and it doesn't do it for me. Anyways, I won't bore you with more details, on now, on to my take on the market (in the next post).

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