Friday 27th April 2012 – Spain Has Credit Rating Cut Again
10:00am ~ Hello to you all from a windy Suffolk, and again today I shall be spending the majority of the morning answering emails regarding the launch of my latest trading system manual – and update of my “Any-Time” system that I’ve been using to trade the markets since 2006.
The news this morning on Sky TV included the latest credit downgrade for Spain, reflecting the worries in the market about their tortuous financial position, read more about the story here.
Later this evening we shall be embarking on a long sail down the coast, arriving in Brighton on Sunday evening for a friend’s birthday party.
6:55pm ~ I found myself earlier with some time on my hands inbetween Skype calls, sitting here on the boat with some travelling companions, so I fired up my laptop and started watching an S&P500 chart. First of all I spotted a ‘long’ trade on my updated “Any-Time” system and 30 minutes later I also entered an “Evening” strategy trade in the same direction (at 5:57pm) Both trades went ok and a short while ago I came out of both positions with an overall profit of +69 pips. I’ve one more Skype call to do now, and then we’re setting sail and off to Brighton, although we are just going as far as Titmarsh Marina behind Walton tonight.
Daily Trade Target Reached Today ? YES (+69 pips) I just traded for a few hours this evening