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mcdirt
03-30-2006, 06:28 AM
Here's another nice daily setup on the Australian Materials sector that worked out nicely :)

Biggo
03-30-2006, 06:57 AM
Here's another nice daily setup on the Australian Materials sector that worked out nicely :)


Hi McDirt

Great trade .... Can I ask you do you use CFDs for trading ozzie sectors?

I have also got a couple of good trades open on ozzie stocks see attached charts

p.s. KCN spike on last bar is bad data so I am still long.. One of the downfalls of free data !!!!!!!

mcdirt
03-30-2006, 08:12 AM
BHP is another one - all Materials Stocks, those BHP and RIO rallies will be the one's that contributed most to the rally in the XMJ index I should think. I was going to take the XMJ trade but I don't realy use my CMC account and my ASX data on the CMC platform is switched off - so I tried to place the trade with Tricom and they don't cover Indices so I missed out. Oh well - next time. I used to trade CFD Indices on CMC but they have a 15min no trade "embargo" on Indices at open which can interfere with entries.

rgds McDirt

Biggo
04-11-2006, 12:22 AM
Hi McDirt

I am still in Rio Tinto . The Aussie miners are certainally on fire.....