My Trading Day ~ Thursday 6th October 2011
6:10am. I was up and down here in my office 5 minutes ago – I have just switched my 3 screens on and I am catching up on the news on Bloomberg TV. It was a very late night last night, so it’s mainly strong coffee I will be having for breakfast this morning. I’ll start watching for any potential signals with my trendFX system in a minute and I will report back a bit later.
9:25am. I have just closed off my only trade of the morning – around 6:30am I spotted a potential trade signal on the S&P500 index and at 7:04 am I was in a ‘long’ trade. It meandered around for a while but eventually it starting going in the desired direction and at 9:17am I closed the trade off at +64 pips. That will do me for the day – and I will report back later if I do any trading with my “Evening” system. I am off for a long cycle now and then a late lunch with a friend who is going back to Spain tonight.
10:05pm. I did sit down here in the kitchen just after 5 o’clock to watch for potential trades on my “Trade With A Day Job” strategy – and a few minutes before 6pm I got into my first trade of the evening. Ten minutes later I was stopped out with a minus 23 pip score. No matter, I carried on watching my chart and 15 minutes later the start of another trade started developing and at 6:45pm I was in long again, and this time I just let the trade run (while catching up on some programmes on BBC iPlayer) There was a nice established trend going on so I just sat back and watched and at a minute past 9 0′clock my trade hit exactly a 100 pips profit so I closed it off there. This meant my overall score for the evening session was +77 pips, well above my normal +20 pip target.
Remember, no trading tomorrow as it is the monthly U.S. employment announcement (Non-Farm-Payrolls).
Daily Target Reached ? YES (+141 pips) I have traded for 3 hours this morning, and this evening as well.