Wednesday 12th October ~ UK Employment Figures Released Today

5:45am.        I am in my study here at the cottage extremely early this morning as I found it very difficult to sleep last night, I seemed to have been awake for an hour then asleep for an hour and so on all bloomin’ night – and 30 minutes ago I realised I was not going to sleep any more, so I’ve come downstairs and turned on my 3 screens. I shall fire-up my MT4 trading platform in a minute and watch out for some trade signals with my trendFX system – but first some coffee and toast. I will report back later to let yo know how I get on.

On Bloomberg TV at the moment the main news is speculation on what the UK employment figures are going to come out at…..

9:35am.          I have just closed off the last trade of my morning trendFX session, so I will now list what I have done.  Not long after I switched on the MT4 platform, I could see a potential pattern setting up on my GOLD chart and at 06:22am I was in the market with a long trade. The ‘pattern’ I spotted for this trade were strategies 1 and 4 in my trendFX manual. While this was getting going, I scanned my other six charts and also looked through my emails while watching Bloomberg TV as well. I only need to glance at my collection of charts every 20/30 minutes or so, which means I can get on with other things while trading, although I do tend to have all my phones turned off so as not to have unwanted calls at inconvenient times. At 7 o’clock I could see another potential signal setting up (strat.3 in my trading manual) and at 7:16am I was in short on the EUR/USD forex pair. My first trade was still heading in the right direction – but very slowly so I decided to close it off. At exactly 7:30 I came out with a profit of +40 pips.

My charts were starting to get quite interesting, so instead of closing off my 2nd trade with a small profit, I decided to let the remaining trade carry on and also look for some more trades. Ay 8:57am I was in long with the EUR/JPY forex pair and five minutes after that I also had a USD/CHF trade underway.  At 9:12am I came out of my 2nd trade (at +60 pips) and also got into a BRENT OIL trade (strat.1 from my manual). At 9:21 my 3rd trade (EUR/JPY) hit +38 pips so I closed it off, and my last two open trades were looking ok so a few minutes later I closed those as well. My score for those were — BRENT +20 pips and USD/CHF +45 pips meaning my total profit for this morning session came out at +203 pips.

For the rest of the day I am going to work on the additional strategy/pattern for my “Trade With A day Job” evening system. I will report back later regarding my evening trading session.

6:15pm.       I sat down here in the kitchen at 5 o’clock to watch for trades on my TWADJ (Trade With A Day Job) evening system – and almost immediately I could see something forming. At 5:11pm I was in the market ‘Long’ and almost straight away the price shot up in the desired direction – happy days !!

At three minutes past six o’clock I closed the trade off at +52 pips, so all in all, I have had a very profitable day. I think there is some more upside in the S&P500 index but I have a date at the Blue Lighthouse restaurant………

Daily Target Reached ?  YES (+255 pips)         I traded for three and a half hours this morning plus an hour this evening.

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