No posts on Betonmarkets for ages.
Anybody regularly using this site?
I am trading intraday hourly bets on FTSE and DJIA with reasonable success - running at just over 60% winning bets YTD. Got burnt on trading currencies last Decemeber when the Yen was under pressure (got in too late) and haven't been in that market since!
In terms of indices, I find that I get a good steer from the first 6-0 minutes (FTSE) and 30 minutes (DJIA) of trading. If there is a decent level of movement in the index then that gives me the signal to place a bet.
I find that the first 2 hours of trading in each market yield the best success rates for me.
The recent change to the timing intervals bringing in a minimum 30 minuite bets on 10 minutes start times has yielded opportunities to recover bets that were going wrong!
Any BOM players out there?
Mark