Wednesday 26th October ~ Outcome Of European Summit Today
7:30am (C.E.T.) Up early this morning as we are off to Altea Hills, a 100 km drive up the coast from here. It’s a small enclave of exclusive hillside properties (Des O’Connor is amongst its residents) and we are going to visit some friends who have lived there for many years.
On the markets, all eyes are on the outcome of the European Summit as some have said is the most important meeting ever on the future of the European Economic Union. As I am holiday I have deliberately kept away from Sky News and Bllomberg – economic news does not have a large bearing on my trading systems luckily. Anyway – I will report back later if I do any trading with my “Evening” trading system.
6:15pm (C.E.T.) I did switch this laptop on when I got back at 6 o’clock local time and within a few minutes I identified a signal and was in the market a couple of minutes late. The market (S&P500 index) carried on in the direction I thought it would and a few minutes ago I came out with a profit of +32 pips – good enough for me for my daily earnings.
Daily Target Reached Today ? YES (+32 pips) I traded for an hour this evening