By Peter Mathers on 24/04/2008

AFR marketwrap April 24, 2008 Derivatives Traders climb aboard recovering banks Despite a dip on Tuesday, the Australian sharemarket made good ground this week, forming a solid uptrend line from the low on Tuesday up to Wednesday’s Read More »

By Peter Mathers on 23/04/2008

Can any one give reasons for or against taking the money off the table regarding MCC... Cheers pete Read More »

By Peter Mathers on 21/04/2008

I have Asked my Accountants to set up a service for traders, please feel fee to ask David questions about his service, they have set up a few Asset and trading trusts for me, Cheers Peter Mathers PS more info under Resources Read More »

By Peter Mathers on 18/04/2008

Dear Peter, I have decided to break up the services into 2 lots to keep everything simple and so we can give traders a quality alternative to doing their paperwork. As a brief outline I have broken the service up into the following: Paperwork Read More »

By Peter Mathers on 18/04/2008

"What we’re doing is redefining that word luck. Now it’s an attribute you know with the person, rather than some outside force" Can we mere mortals really hope to control Lady Luck? That’s what magician turned psychologist Richard Wiseman Read More »

By Peter Mathers on 17/04/2008

AAX – should pull back to TL13 as expected  ABB – wait for a break above 9.00  ABC – above 3.80 would be strong sign, but will take time to get through 4.00  ABY – as long as it stay above TL2 – hold Want to know more? Free Trial

Read More »

By John Simon on 15/04/2008 3:53 PM

Linda Bradford Raschke has written a good article on basic Tape Reading:

Tape Reading by Linda Bradford Raschke

Sometimes it is nice to reexamine a simple concept when there appears to be overwhelming volatility in the markets. Mechanical systems and patterns are helpful and even necessary for the structure they impose in organizing data, but even Richard Dennis in his original course discussed ways to "anticipate" entry signals, exit trades early, and filter out "bad" trades.

Learn to follow the market's price action and read the signals it gives. This can become a strict discipline in itself and the result will be greater confidence that a trade is or is not working.

< ... Read More »

By samurai on 11/04/2008 12:33 AM

Topic of Interest: Wave B Targets with Brie and a SA McLaren Vale Shiraz

Read More »

By Matt on 10/04/2008 3:43 PM

Trading requires a high level of self discipline which cannot  be emphasized enough. Formulating a solid set of rules, sticking to them and developing a trading plan is essential for successful trading management and longevity.

Read More »

By Peter Mathers on 9/04/2008

From Brett Foley's article April 8 (Bloomberg) -- BHP Billiton Ltd., the world's biggest mining company, rose to the highest in almost four months in New York trading after The Australian newspaper reported that China will buy a stake.  China is in the

Read More »