Nick’s Trading Diary – Wednesday 17th October 2018
Once again I am planning to be here in the office for most of the day catching up on emails/Skype calls and also watching my charts for trade opportunities. Any trades I take will be reported below through the day.
08:20am: Nothing to report at the moment, I am going to send out my “Trading-Idea” chart to subscribers (AUD/USD chart today)
10:35am: The markets are generally quite unsettled so far this morning so not many opportunities are presenting themselves at the moment but I have just taken a speculative ‘short’ position on my DAX-30 15-min chart. It is a Master-The-Trend Strategy-B set-up with 27 pip stop loss.
10:55am: I have just taken a quick +27 pip profit from my DAX position for two reasons. The price has hit and slightly reversed from the 11,700 level and 2) I am off out for a quick site visit at my house so it’s nice to close the trade given the volatile nature of the markets at the current time.
12:35pm: Back in the office and just taken a ‘short’ position on my BRENT CRUDE 15-min chart. It’s a Master-The Trend Strategy-B pattern with a 15 pip stop loss.
13:35pm: As is usual at this time of the day when the U.S. equity markets are getting underway the price action on many charts are fairly volatile so I will watch my charts very carefully if I do happen to have a live position and because of the movement on the Oil charts I closed my BRENT position to capture the profit achieved. My score was +30 pips giving me a total today +57 pips.
14:05pm I’m happy with my score for the day so I have decided to accept an invitation for a game of golf this afternoon so I am switching off my charts for the day – back here early tomorrow morning.
Running total for the month so far is +322 pips.