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At the end of 2008 the market was volatile. I made 3,300 spread bet points in
75 mins trading live in an online trading room. It was the day the UK and US adjusted
interest rates at exactly the same time in a concerted effort to hold the markets
up.Day trading was fantastic. However many in the media focused on the hurt to
investors and the doom and gloom out there, nothing was really said about how
short term traders were doing really well.
The same thing could be said about the markets right now. A great move down in
the markets gives traders exceptional opportunities. Things fall faster than they
rise and give better trends. If you put my colour charts on yesterdays move you
were a real winner.
Unsure about market direction at times? then let the colour charts give you that
timing signal for your entry and run it until the next change of colour before
booking your profit. If the market is falling in all honesty you make profits
twice as quick.
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