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Make Me Some Money

Make Me Some Money
Blog explores ways to make money through financial trading, betting, gambling, investing, advertising and blogging! All free!
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

I am still trading the S&P
2008-06-09 21:54:00
For those who follow the blog, you’ve noticed that the past few weeks I’ve not put on too many S&P trades. The reason being is that it is too easy to lose on the S&P (well, that’s what I find but that could be because I’m not too hot a trader)…  anyway, I have been ...
More About: Trading
Stochastics cross on the USDCHF.. long at 10251
2008-06-09 21:34:00
Ok, I’ve gone long on the USDCHF at 10251 with a trailing 50 pip stop. It’s 20 pips up so far but you never know what happens to the market…  if I close now and bag 20 pips I may feel fab but if it shoots up more, I’ll kick myself. However, if the profits ...
More About: Cross , Forex Trading , Long
NZDUSD didn?t work out
2008-06-09 21:25:00
Unfortunately the NZDUSD trade didn’t work out.. I got stopped out for -50 though at some stage, I was 25 pips up… oh well!
More About: Work , Forex Trading
Currency Trader magazine - June 2008 - available for download
2008-06-08 00:40:00
Get your free copy, visit http://www.currencytradermag.com/download s/index.php to get it!
More About: Magazine , June , Download , Currency , June 2008
My Forex trades for the day?
2008-06-06 19:49:00
I made a couple of trades this morning… firstly the NZDJPY long at 81.20 with my trailing 50 point loss. The market did go up my way but hit 81.60 dead on before dropping.. I just needed 10 more pips and my stop would have moved to breakeven. However, the market fell like a stone ...
More About: Forex , Forex Trading
It?s sooo hard not to take a profit when you?re trading!
2008-06-05 22:23:00
Yesterday I complained about the AUDNZD trade shooting through the roof after I had closed my trade. I said that I would enter new trades with a 50 pip trailing stop loss on my Forex trading. Well, last night, I found two more potential candidates in the Forex markets… the EUR/CHF and the EUR/JPY. Both charts had the ...
More About: Trading , Profit , Hard , Forex Trading
If only I held onto the AUDNZD trade!!! Blasted into space!
2008-06-05 00:00:00
I was pretty smug this morning with 70 pips on the AUDNZD trade I made recently… I have just checked my Forex charts and this is what I see…. The market hit a peak of 1.2435 which is about 250 pips!!!! The thing about trading is that you can hold for greater moves or just get in ...
More About: Space , Trade , Forex Trading , Held
Busy with the Forex markets? NZDUSD and AUDNZD
2008-06-04 20:05:00
The previous evening before I went to bed, I put on a couple of trades based on the stochastics cross method I’d been using lately. Firstly the NZDUSD short at 0.7820. I was probably a bit late in the entry as the trigger is a turn on the moving average trend indicator together with the stochastic ...
More About: Markets , Forex , Forex Trading , Busy
Another EURCHF entry!
2008-06-04 19:57:00
After missing the ride on the previous EURCHF signals, I thought I would be disciplined and trade the signal properly this time.. not close out early to take a profit or loss but actually ride it all the way. Ok, I see the blue signal in the moving average trend indicator and also, stochastics cross.. a ...
More About: Forex Trading , Entry
What happened to the CHFJPY trade?
2008-06-04 19:50:00
Actually I closed this trade yesterday for a 20 pip loss. As I mentioned, the signal wasn’t clean and I was a bit wary of trading it. As I previously mentioned, the stochastics had crossed but it hadn’t cross near the top for a short signal but near the 60 level. My short at 10075 got ...
More About: Trade , Forex Trading
My other trade today - short CHFJPY - not a clean signal, let?s see what ha
2008-06-02 22:00:00
I also put in a short trade on the CHFJPY with a trailing 50 point stop loss. The market hit a double bottom at 100.18 and has bounced up to hit the 61.8% Fibonacci level. The stochastics have also crossed towards the downside. All looks good you may say.. however, I am not 100% confident ...
More About: Today , Clean , Trade , Forex Trading , Signal
Very small profits today! Day trading the S&P
2008-06-02 21:48:00
I missed a hell of a lot of the action today.. the market had already fallen loads and there were just a mere few scraps to be traded with. Today was a short day so I was looking for a chance to short the S&P and the opportunity came when the market bounced off the Fibonacci ...
More About: Trading , Small , Profits , Day Trading
What could have been - EURCHF Forex trade
2008-06-02 19:08:00
Remember the trade I put on at the end of last week, a short of the EURCHF where I took 40 points? For those that missed it, it is here http://www.makemesomemoney.co.uk/2008/05/ 30/another-eurchf-trade/ Well, I looked at it today to see what it could have been and this is what the chart looks like: Blimey, I missed out on ...
More About: Forex , Trade , Forex Trading
Free trading education for UK based investors - June 2008
2008-06-01 17:53:00
Education in the financial trading markets is expensive.. Early on in ones trading career, education going to be costly as you’re buying books, buying systems, seminars etc. Then, once you feel you’re ready, you’ll be putting money in the markets and that’s going to be even more expensive as more likely, you’ll lose money. I am a big ...
More About: Education , June , Trading , Free , Investors
Free Futures magazine subscription for those in the US and Canada
2008-05-31 19:46:00
The Futures magazine is a magazine that I read in Borders when I visit. It is published in the US and Borders in the UK are the only bookshop who import magazines. However, I found a link to get a free subscription of this magazine for those in the US and Canada meaning that I don’t get a ...
More About: Magazine , Free
Another EURCHF trade
2008-05-30 22:58:00
A few days later after my long trade with EURCHF which should have yielded a nice 180 pips (of which I took none… see previous post for reasons)..  another trigger was initiated but this time on the short side. The stochastics crossed and the trend line indicated short. I went short at 1.6275 with a ...
More About: Trade , Forex Trading
My Final trade on the S&P and the Head and Shoulders pattern
2008-05-28 21:42:00
I have been busy today and posted quite a few times in a short space of time! Anyway, I entered another trade after the previous and make all the losses back to close at 0.3 points in profit! Hoorah, at least it wasn’t a loss! As I mentioned earlier, I was talking about the head and shoulders ...
More About: Trade , Final , Pattern , Shoulders , Head
A perfect symmetical Head and Shoulders pattern on the S&P?
2008-05-28 20:39:00
Today, I saw the perfect Head and Shoulders pattern on the S&P and got very excited. Look at the diagram, the 3 red dots signify the shoulders and head. I have read about this pattern in technical analysis books and in most cases, they signify a reversal pattern. I was looking at the chart moving up ...
More About: Pattern , Perfect , Head and Shoulders
AUDNZD - another Forex trade
2008-05-28 19:10:00
This morning there was another trade I put on… this was a long at 1.2183 with AUDNZD with a top loss at 1.2120 and a price target of 1.2270 with the Forex Smart entry system (a stochastics crossover 12,12,5 and colour change moving average line). He recommends the EURCHF only however but this matched up quite ...
More About: Trade , Forex Trading
EURCHF update on my trade
2008-05-28 18:58:00
Yesterday, I mentioned that I had entered long on the EURCHF at 1.16172. The market initially went my direction hit a high of 1.6235 before retracing. I moved my stop up to entry and it got hit which was a bit unfortunate at the market shot up again and hit a short term high of ...
More About: Trade , Update , Forex Trading
Where the S&P ended up (without me)
2008-05-27 21:52:00
I thought I would post where the S&P ended up when I closed my trade early at 1382. I took 2 point when there was 8 for the taking!! Arrgh.. Anyway, it’s good to look back on the charts and see where it went wrong. The obvious exit would be when the S&P crossed below the ...
Emini trading - profitable but could have been more!
2008-05-27 20:53:00
I went long at the break of the previous high in the S&P at around 1378… I actually got in at 1379.48 due to the spreadbetting spreads which you pay rather than their commission charges… they move their spreads about meaning that you can lose half a point (in S&P terms) per transaction… and upto ...
More About: Trading , Profitable
Forex Trade - EURCHF - Trade and analysis
2008-05-27 20:04:00
I haven’t turned on my trading platform for a while but I did so this morning after reading a blog by a 21 year old student (who looks 15 in his picture). He trades the EURCHF and uses a simple stochastics indicator. Have a look here http://forexsmarts.blogspot.com/ Anyway, using his system, there was a long entry ...
More About: Analysis , Forex , Trade , Forex Trading
Trading progress, trading psychology and a trading setup library!
2008-05-24 12:43:00
Most traders have a few or just one trading setup which they execute over and over again. A trading setup is when there is a predefined condition on the traded instrument which signifies and entry and exit. The most successful traders are those that know their trading setup has a positive expectation overall and are ...
More About: Library , Free Stuff , Trading , Setup , Psychology
Keeping track of your trading progress - Tradelogger
2008-05-21 20:53:00
I just found a free program which allows you to keep a trading journal for free. I’ve been looking for something like this and it looks great. However, I have just tried to import a spreadsheet of some of my earlier trades on a trading account and it failed… but then again, I didn’t read ...
More About: Trading , Track , Progress
Emotional DOW trading hindrance! Back to the S&P?
2008-05-21 20:33:00
Today was a bad day for me to trade.. I didn’t feel right, I felt a bit fed up with the whole trading thing. I see periods when I am doing ok and periods when I am doing lousy and altogether, I am not sure if I am making progress or wildly stabbing in the dark. Anyway, ...
More About: Trading , Back , Emotional
Worlds Worst Day Trader - could it be me?
2008-05-20 21:33:00
That’s how I’m feeling at the moment! It’s funny how the joy of winning doesn’t compare with the feeling of depression and despair of losing. I did ok yesterday and today, I lost but I feel much worse today than the joy I experienced yesterday. In fact, I expect to at least be up every day ...
More About: Worlds
Free 2 hour Commodity training seminar tomorrow - limited places
2008-05-20 21:10:00
Hi all, I only got this today so I apologise if it is too late for you..  there is a free commodity trading seminar tomorrow for those in Swindon, UK at the Swindon Hilton hotel at 6.45pm. What’s interesting is that the trader is Lee Sandford, an ex Premiership football player! I think education is important if ...
More About: Free Stuff , Training , Free , Places , Seminar
Up and down the Dow goes!
2008-05-19 20:38:00
I came in after work today to find that the market had jumped over 100 points to 13140. I was thinking at this stage that the market had run out of steam.. the peak at 13140 showed negative divergence in both stochastics and MACD charts in the 5 minutes. I waited for a break below ...
Opportunity of a Lifetime - Get trained by Hedge Fund traders
2008-05-16 23:52:00
  Remember my post about Greg Coffey and his stonking £145 million salary? Ever wanted to become a hedge fund trader? Well, now you can, apply for the opportunity to get trained by a top hedge fund trader and then trade their money and take a cut of the profits. You don?t have to pay anything at all ...
More About: Opportunity , Traders , Lifetime , Fund , Hedge
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