Trading Diary ~ Thursday 14th March 2013

10:30am  ~   Just turned my trading screen on for a couple of hours to watch for any set-ups on my favourite instruments *   – the only thing I can see brewing is a possible short trade on my GOLD chart – I will report back later with any news.  I am out with friends for lunch and then a cycle ride this afternoon before some more trading this evening with my ‘beginners’ system.  (*Contact me for a list of my ‘favourite’ instruments)

8:10pm  ~  I have just come out of my second trade of the evening, my first one (at 17:45) was stopped out fairly quickly at minus 11 pips – but the 2nd was ok and gave me +27 pips just as the U.S. market was closing.  I did end up having that GOLD trade which lasted just under an hour and finished up positively with a +50 pip profit.

Both the Dow Jones 30 and S&P500 are tonight at levels way above the last high in 2007, even though a report out today by Reuters suggests that the Eurozone is going to continue having problems with debt and lack of growth.  Because of this large rise in these instruments, there should be some good profit-taking opportunities tomorrow as it’s the end of the week, so all of you with my “Any-Time” system should keep their eyes peeled for trade set-ups.

 

Daily Target Reached ?  YES (+66 pips)         I traded for a couple of hours this morning plus the evening session.

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