Thursday 1st March 2012 ~ Nasdaq Hits 3000 Yesterday
2.00pm ~ Another late start for me today, I finished trading last night quite late and just as I was settling down in the kitchen with a bottle of wine to cook some supper for me and the girlfriend two friends arrived with even more wine, so I ended up getting to bed at 2 o’clock this morning…… I am feeling a bit delicate today.
I got into the study at 11am and kicked off immediately with three Skype sessions with prospective customers plus a bit of chart watching on a couple of favourite instruments (email me to find out which ones work most days) using my ‘trendFX’ collection of systems and while watching the screen I spotted a lovely signal at 12:30 on one of my best loved indexes and just before 1pm I was in a long trade. Very quickly the price shot up to my normal 20 pip trade target, so I got out there, but looking at the chart now I can see there was another 20 or 30 pips profit on top, but I’m sure most of you know to be happy with small regular profits, that’s the way to grow your account.
I am going to forgo my normal daily cycle ride for a quiet afternoon reading the Sunday Papers as I’ve not had a chance to open them since the weekend. My head is still a bit ‘fuzzy’ from last night and riding a hard un-sprung racing bike will not do my condition any good at all. I will report back later if I find any trades during my early evening trading session.
You can read all about the Nasdaq (and a few other indexes) reaching new highs by going to this web page
7:55pm ~ After a very relaxing afternoon, I sat down in the kitchen with a laptop to see if I could spot any “Evening” system trades while I cooked some dinner at the same time, I have four friends coming round to sample my cooking.
The first signal I spotted was dead on 6:20pm and within a few seconds I was in a ‘long’ trade. The price quickly shot up to the normal 20 pip target and I was out of this position in 48 minutes, just after 7 o’clock. I would usually finish my trading at this stage and get on with something else, but as I was still cooking I carried watching the laptop for another signal, and half an hour later a ‘short’ opportunity came up which I took immediately. I have just got out of that one with a profit of +18 pips although I’ve just glanced quickly at the chart while I write these words and the price has dropped another 20 pips so all in all a very nice trade to end the day for a lot of customers.
I’m signing off for the day now as my guests are just starting to arrive.
Daily Target Reached Today ? YES (+58 pips) I traded around lunchtime as well as a part of the evening session today.