Chart overlay software
A couple of readers have commented on the chart overlay feature I have been applying onto my Spark Software to draw Fibonacci Lines, etc.(Spark charts have limited drawing tools).
I do this via a little piece of software called, surprisingly enough, ChartOverlay. It costs about $80 USD, and there's a free 14 day trial. It could do with a few more drawing features but is pretty handy for the price.
Sorry, but no video tonight...I've been busy testing a few new intraday trading techniques I'm working on, based on scalping between Fibs. I'll pass on more details if/when I decide it could be a viable addition to the trading tool bag.
U.S, Gold, Oil, AUD and Metals all looking pretty shaky so far tonight, so if this continues it looks like we could be in for more pain tomorrow,but we'll see.
One of the benefits of trading CFD's is the fact that you can trade to the short side just as simply as going long. In my opinion, not adding short trading to your daily trade skills is the equivalent of getting into a boxing ring with one hand tied behind your back.
Alan
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