Trading Diary ~ Wednesday 17th April 2013
11:05am ~ I went out for an early walk this morning along the beach then over the river across to Walberswick beach – and got back here half an hour ago. I’m going to do a bit of trading while sitting here in the study doing some admin work and I can see a potential trade already on my EUR/USD chart. Apart from that there’s not much happening in the markets – so I’ll report back later when things hopefully liven up.
13:05pm ~ That’s me done for the morning, I’m off for lunch now at the Swan with some friends. The possible trade on the EUR/USD did materialise earlier, and I came out a short while ago with a small profit of +31 pips.
15:10pm ~ I’m back from lunch and as soon as I sat down here in the kitchen and switched my MT4 charts on I had an immediate trade entry on the S&P500 chart. I’m working on a one hour chart as I also want to help the builders who are up on the roof putting in a new skylight. Trading on longer-term charts means I do not have to sit and watch the screen non-stop, I can just come down and look at my position every so often.
20:20pm ~ That’s the end to a busy evening’s trading. As well as the S&P500 trade I mentioned earlier I had two “Trade With A Day Job” trades as well. The S&P trade on the 1hr chart that kicked off mid-afternoon came in at +102 pips and the two subsequent “evening” trades had a loser (-21) and a winner (+46) so overall the three trades gave me a profit of +127 pips. I lost a coin-toss earlier so I’m having to buy all the builders supper at the Lord Nelson…..
Daily Target Reached ? YES (+158 pips) I traded on and off for most of the day.