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Posts published by “DayTradingBuddy”

Simple Trend Trading System

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In this system we use the 10 and 20 period moving averages. Step 1: Waiting for the MA to become sloped and parralel. This is a sign that the trend…

The ABCD Trading Pattern

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The ABCD pattern is one of the classic chart patterns which is repeated over and over again. It starts out with an AB leg, then retraces to C to a…

Commodity Futures Trading Basics

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What Are Futures Contracts? A futures contract is an obligation to buy or sell a commodity at or before a given date in the future, at a price agreed upon…

Basic Ideas About Online Commodity Futures Trading

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Those who treat trading as a get-rich-quick scheme are likely to lose because they have to take big risks. If you act prudently, treat your trading like a business instead…

Advantages Of Forex Trading

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The forex market is the largest and most liquid of the financial markets. Daily activity often exceeds $7 trillion USD a day. It is the existence of volatility within the…

Friday’s Trading Recap = gain +$2,000

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Trades of @DayTradingLive for Friday, October 26, 2012: I started off pretty slow, and weak… actually thought about calling it a day but then things starting to come to us.  $HMSY was…