my trading day ~ wednesday 27th january ’10
Well, after yesterday’s large trading profit, there was no great rush to get up today, so I woke at just after 9am and after a nice invigorating cycle ride at 10am I was breakfasted and ready at my desk just after midday.
My first trade (with my “Any-Time” system) came along at just before 12:30pm (S&P500 Index) and that gave me an opening profit of +10 pips. For a relaxing day, I was watching just the S&P500 and two popular forex pairs – EUR/USD and GBP/USD – mainly because both currency pairs have very low spreads – that impacts on dealing costs. I trade the S&P because it is a very liquid and ‘gentle’ instrument. Very predictable and it does like support and resistance levels, so making it easy to trade.
Anyway – I had another 4 trades up to 5:30pm and a total for the day of +45 pips, not a bad score for half a days work.
There was no trade on my “Trade With A Day Job” system tonight due to the way the markets were acting around the FOMC meeting (in the USA)