Monday 7th November ~ Focus Now On Italy’s Problems
4:30pm. We had a late start in the hotel this morning, and left Blackpool just before lunchtime – getting back here to Suffolk after 5 hours of heavy traffic.
The markets have been down initially and then back and forth through the day as Greece’s economic problems take a back seat to this coming week’s big news, Italy’s economy and Burlusconi’s chances of staying as Italian Prime Minister for the next 7 days – watch this space.
6:20pm. I started watching my S&P500 chart at 5pm, to see if I could spot any potential trade signals on my “Evening” system. At 5:30pm I could see a possible pattern emerging and 15 minutes later I was in a short trade. My target only took a few minutes to come up and at 5:52pm I was out with +20 pips.
Friends round for dinner soon so the laptop is going off and the oven is being turned on………
Daily Target Reached Today ? YES (+20 pips) I traded for just under an hour this evening