my trading day ~ tuesday 16th february 2010
Hello everyone ! Back into my home study for me today, after an elongated weekend break.
As I have mentioned, I am now having Friday’s off from work – and with a handy U.S. bank Holiday yesterday – I ended up having a nice, relaxing 4 day weekend.
I am working with my eldest son (Max) today on some new business ideas, so I wanted an easy day on the markets, so I was just watching the S&P500 Index during the day – it is a very ‘gentle’ instrument and tends to behave itself very well, and so makes it very easy to trade. Well, I like it !!
I was using a 15 minute chart to trade the S&P, so I only had to watch the trading screen every 30 to 45 mins, as I can spot a signal coming a mile off with my “Any-Time” system, but unfortunately no signals came along at all during the period I was watching – 10am – 3pm.
Oh well, this sometimes happen, the markets cannot be predicted – and no matter how good your trading system is – you don’t get a multitude of signals every hour of every day.
At 3pm I had a vigorous 90 minute cycle ride, and I was back in front of the computer in the kitchen at 5pm to trade my Evening System.
I had a signal to enter a trade just after 6pm – and my target profit of +20 pips was achieved shortly afterwards.