Previous Breakout A few weeks ago I highlighted a possible breakout that was shaping up on the daily chart of US crude oil, and as it turned out, this would have been a very profitable trade: After breaking out of the previous trading range and … [Continue reading]
Bad Timing Joining eToro and opening a live trading account (SteadyProfits) in the middle of November 2018 was not the smartest move I could have made in hindsight. In fact with the stock markets falling so sharply in such a short space of time, it … [Continue reading]
December Price Falls December is usually quite a good month for stock market traders and investors, but this has apparently been the 2nd worst December on record. The leading stock market indices have all fallen sharply and there are many reasons … [Continue reading]
Recent Price Action The price of US crude oil has been trading in quite a narrow sideways trading range in recent times, and seems to have stabilized between $50 and $55 with no clear direction. However if you draw some trendlines on the daily … [Continue reading]
New Funds If you read my previous update, you will know that I have been trading CFDs with eToro so far (under the account SteadyProfits) due to my modest account size, which has led me to take a shorter term view that I would normally. Well all … [Continue reading]