Five Minutes a Day

Early day session volatility hurts the 5MADT strategy – and that’s exactly what we got on Friday night. A blip downwards, and then a quick reversal saw the strategy stopped out very early in the piece. With 4 trades remaining, the strategy needs one more success to guarantee a break even result (+10 points), two for a guaranteed profit.

Here’s Friday’s prices:

20130225 results

And the scorecard:

20130225 results

You can read more about the Five Minutes a Day trading strategy here:

http://blog.cmcmarkets.com.au/2013/02/01/five-minutes-a-day-trading-germany-30/

About michaelmccarthycmc

Chief Market Strategist - CMC Markets and Stockbroking Regular on ABC, BBC, Bloomberg, Channel TEN, CNBC, SBS and SKY
This entry was posted in Market, Shares, Stocks, Trading and tagged , , , , , . Bookmark the permalink.

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