Wednesday 9th November 2011 ~ Good Asian Session Has Not Carried On Today
10:00am. I had a leisurely start to the day earlier, I was up and showered by 8:15 and after breakfast I got into my study at 8:30am and switched on my screens to watch for any signals on my trendFX group of strategies.
The Asian session overnight booked some useful gains, but the European session has so far been full of down-moves for the major indicies – and using one of my strategies from the trendFX manual, I managed to hop onto the short trend and grab +77 pip from a trade on the S&P500 index – I got into the market a few minutes after 9 o’clock and got out just 43 minutes later.
I will report back later with news of my “Evening” trading, and my sister is over from Australia for 3 weeks, so I’m going to be showing her how to trade as she is keen to start when she gets back home in December.
8:45pm. I have just finished my evening trading session – I missed an earlier trade at 5:30pm as I was explaining some trading rules to my sister and NOT watching my chart, but I later managed to get into a ‘short’ at 8:15pm. This trade had a bigger than normal stop-loss, so none of my cusotmers would have taken it, and within 10 minutes I was stopped out at minus 31 pips. A second signal came up almost immediately (which often happens with my evening system) and I was in the market again just before 8:30pm. I have just got out with a nice profit of +51 pips, so giving me overall earnings tonight of +20 pips, plus my morning’s profit.
Daily Target Reached Today ? YES (+97 pips) I traded for 45 minutes this morning plus a few hours this evening.