Friday 28 November 2008

Friday 28th November – Daily Stock Market review

GDAX

The GDAX open with strength, but then fell, triggering my trade at 4607. Unfortunately, the GDAX rose again, stopping me out for a loss of 65 points. My trade level for Monday is 4610. As of next Monday, I will switch my trading from the German GDAX to the British FTSE 100.

Total points captured this week = 215

Oil

Oil fell for most of the day, and my trade was triggered at $51.52. After falling as low as $50.80, oil rose with a huge rally, stopping me out for a loss of 120 points and closing up at $54.75. My trade level for Monday is £53.39.

Total points captured this week = -182

Dow Jones

The Dow closed up today at 8829. It was a short session today. I had no trades triggered. My trade levels for Monday are 8602 with a 120 point stop.

Total points captured this week = 30

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