Tuesday 29th November ~ Can George Osborne Save The Economy
10:30am. Good morning to you all, I must admit I had a bit of a lay-in this morning after a very late evening out last night. I meandered downstairs about 30 minutes ago and had some breakfast, and I am now going to catch-up on emails while watching a few charts for the next two hours. I am then off to my place in Suffolk for a few days. I will report back later if I have any trades.
On the markets today, our chancellor, George Osborne, is revealing his Autumn Statement in Parliament later today – will his thoughts halt the FTSE’s recent climb after being in a down trend for nearly two weeks ? Let’s see……
9:55pm. I’m in Suffolk now, I arrived at 2 o’clock this afternoon and went out for a lovely cycle ride along the northern coastal path – all in all around 16 miles. Earlier I did watch my normal charts for 90 minutes, but there were no trade signals to speak of, which is very unusual for me.
Anyway, I was back from my cycle ride at 4:30pm to switch on a laptop in my kitchen to watch for trades on the S&P500 index. Dead on 5 o’clock I had a ‘long’ trade with one of my “Extra” systems that I’ve added to my “Evening” system – and that gave me an immediate 25 pips straight away – quite shortly followed by another “Evening” strategy trade which was stopped out at a minus 26 pips, so I was back to almost level pegging half way through my session. I carried on watching for another signal, just so I could end the day with a positive score, and just after 8pm I spotted a short ‘trendFX‘ trade, so I got in to the market promptly – and was rewarded with a quick +30 pip profit.
It’s an early night fo rme now, after last night’s late one…..
Daily Target Reached Today ? YES (+29 pips) I traded the evening session plus 90 minutes this morning