My Trading Day ~ Thursday 12th May 2011
I was up at 6 o’clock after a very sound sleep. I had a quick cycle ride to the newsagent in the High St. to collect a few of the daily papers, and was back for breakfast and a bit of trading at 7:30am.
I turned on 2 of my screens in my small office here in the cottage and started watching for a trade signal for a NEW strategy that I am adding to my USA Forex system – I have been demo trading the system for the past 4 or 5 months, and today is the first time I am using my own money. The demo period has gone better than expected, but I am still only going to trade this strategy at just £50 per pip for the next few months before I get up to my normal level for day-trading. I do spend a lot of time watching charts, and I came across this new ‘pattern’ just by accident – and when I then researched it, I found it everywhere ! I can say that I have NEVER seen it before mentioned on the internet anywhere – I believe it is totally unique.
Anyway - I had a signal for a potential trade around 7:30am and I was in a short trade at 7:42am on one of my favourite instruments, and 19 minutes later I was out with +30 pips. I called it a day then as I had to shoot into Ipswich to get some camping ‘stuff’ for my weekend away with the Scout, but I did look at 5 charts later on in the day and there were signals for trades on ALL the charts I looked at – this strategy is going to contribute to a lot of pips for the rest of the year, and although I cannot reveal how it all works, I can say it is nothing like the original strategy – virtually just ‘price-action’
I ended up having to go into Colchester as well as the bits I was looking for were not in any shops in Ipswich. I was back in Southwold after lunchtime, and the afternoon was spent on the river with friends and 4 jet-skis. I got back to the cottage a bit later than I had hoped (just before 7pm) and immediately switched on my iPad and started watching for potential trades. Just before 7:15 I was in on a short trade and that ended up giving me +22 pips, and almost straight after my withdrawal from the S&P another (long) trade signal came up, so a few minutes after 8 o’clock I was back in a trade. This one gave me + 20 pips, so I ended up with +42 pips for the evening session, plus + 30 from the early morning trading. I have emailed all my customers with complete details (and screenshot) of the evening’s trades, so they can check their own efforts against mine. I receive emails from them every week saying what a helpful idea this is.
Although I am off camping with my youngest son (and his Scout troop) near Epping Forest in Essex tomorrow lunchtime, I will be doing a bit of trading early tomorrow morning to round off a very profitable week’s trading – +367 pips so far.
If you are interested in purchasing my “USA Forex” Trading System manual, now with TWO new strategies contained within them – just drop me an email and you can take advantage of a special ‘early-launch’ discount. Email me at [email protected] with the subject line: “Discounted new system”
Daily Target Reached ? YES (+72 pips) I traded both early morning and the evening session.