I shall be at my desk this morning catching up on emails and Skype calls plus I’ll also be watching my screens for trading opportunities. Any trades I take will be detailed below.

08:05am:  I’ve taken a ‘long’ Master-The-Trend position on my FTSE-100 15-min chart, it’s a Strategy-B set-up with a 14 pips stop loss.  Trades at this time of the day can be risky as the markets are just starting to get going for the day but the stop loss is quite low so I will press ahead.

09:10am:  I am watching my FTSE chart carefully now as the price will become increasingly volatile as we approach 9:30am when the UK Retail Sales figures are released and we may also see some reaction to another government cabinet minister resigning in the past few minutes.  I may take a ‘Quick’ (minimal) profit and then stand on the sidelines.

09:25am:   I have taken the opportunity to grab a quick profit from my FTSE position as the price is getting increasingly unpredictable. I went to manually close the trade off at +20 pips but a rare case of slippage has caused a loss of a single pip so my running total for the day is +19 pips.

10:15am:   Most of my charts have become quite volatile so I am off for a cycle ride now.

12:30pm:  I’m in another ‘risky’ trade and on this occasion it is because the weekly U.S. Crude Oil Inventories which are announced this afternoon cause the oil markets to move erratically and my latest position is on the U.S. WTI Crude 15-min chart (long).  It’s another Strategy-B pattern from the Master-The-Trend system manual  and the stop loss is a manageable 17 pips.

13:10pm:  The WTI price has become extremely volatile so I am now out of my position with my minimum trade profit (+20 pips)

Total for the day is now +39 pips so going to switch off my screens for the day now.  I will be back trading next Wednesday (21st Nov.) after a short break away in Majorca.