Hello everyone – just a short note to inform you that for a short period I am stopping my daily trading exploits while I concentrate on finishing my “ultimate” trading system. Do not worry though, I am planning on returning to full-time trading once this project is completed.
As many customers will be aware, I have been developing this system over the past 12 months as part of my monthly “Trading-Education” eBook series and shall continue until around Oct/Nov-19 when I envisage it will then be completed and ready for release.
There will also be a totally new website which will be launched around the same time.
Planning on spending a lot of the day here in my home office catching up on ‘admin’ plus watching my collection of favourite charts. Any trades I take will be detailed below.
09:55am: The only possible opportunity so far this morning is on the UK FTSE-100 15-min chart – but I need to wait until the next candle forms before considering it.
10:05am: I am now in a ‘short’ position on the above mentioned chart. It’s a Master-The-Trend Strategy-A set-up with an 11 pip stop loss.
10:40am: I’m going to help a neighbour for an hour or so, so I have set my ‘take-profit’ at +20 pips on my FTSE position and kept the stop loss at 11 pips.
12:30pm: Back home now and just noticed that my FTSE trade has been stopped out at -11 pips.
13:55pm: I am now in a ‘long’ position on my 15-min WTI Crude Oil chart, it’s a Master-The-Trend Strategy-B pattern with a 20 pip stop loss.
15:45pm: Just taken a profit on my WTI Crude position, it has ended at +36 pips giving me an overall score for the day of +25 pips.
Switching my screens off now ahead of a long weekend break although I shall still be sending out my Trading-Guidance Sheet and Trading-Ideas Chart to subscribers early tomorrow morning.
Back in front of my screens this morning so any trades I take will be detailed below – but I will be finishing at lunchtime as we have a 40-mile cycle ride planned for this afternoon.
07:50am: Just taken a ‘short’ position on my GOLD 15-min chart, more details in a moment.
08:00am: My GOLD position is a Master-The-Trend Strategy-B set-up with a 12 pip stop loss.
08:10am: Now also in a ‘short’ position on my German DAX-30 15-min chart using the same strategy as my GOLD trade. My stop loss on this occasion is 19 pips.
10:25am: My GOLD position is trundling around at break-even but I have now taken a profit on my DAX-30 trade (+44 pips)
11:25am: Just seen that the GOLD position has been stopped out at -12 pips giving me an overall total for the day of +32 pips.
I am out at 13:00pm for a long cycle ride with neighbours so I won’t open any further trades today.
My plan today is to be here in my home office catching up on admin and also watching my charts from time to time. Any trades I take will be detailed below:
08:05am: Nothing to report so far on my collection of favourite charts.
09:35am: Just taken a ‘Long’ position on my Brent Crude 15-min chart using the Master-The-Trend Strategy-B pattern – stop loss is 24 pips.
10:30am: I’ve not taken a +25 pip profit on my Brent position as the higher timeframe suggests we could see the price going further upwards. Let’s see……
13:05pm: The Oil price has been all over the place but now seems stuck around the $65:6 level so I’m out with a reasonable +46 pip profit.
14:25pm: Back from lunch now and decided to switch my charts off for the day. Back same time tomorrow
A usual day at home and now I’m settled in the office eventually after a long cycle ride I shall be watching my collection of favourite charts.
11:40am: Nothing to report at the moment.
13:50pm: Back from lunch a few minutes ago and I’ve just taken a ‘short’ position on my WTI Crude Oil 15-min chart. It’s a Master-The-Trend Strategy-B set-up with a 17 pip stop loss. The trade will be quite quick potentially as the Crude Oil Inventories announcement is due out in a few hours which could cause some volatility in the market.
15:20pm: The Oil market is getting more volatile ahead of the announcement so I am now taking the unusual step of watching my chart more closely – I may have to close the position quickly.
15:45pm: Out of the WTI trade with +30 pips, the price is getting too volatile now. Charts are now closing for the day.
Planning to spend the day here in my home office catching up on admin and watching my charts. Any trades I take will be detailed below.
09:20am: Just taken a ‘short’ position on my UK FTSE-100 chart, it’s a UTB Price-Reversal set-up with a 15 pip stop loss.
10:05am: Just taken a quick +22 pip profit from my FTSE position.
10:15am: Nothing much else is occurring on my charts so I am off for a cycle ride.
11:20am: Back now and just taken a ‘short’ om my 15-min WTI CRUDE OIL chart, it’s a Master-The-Trend Strategy-B set-up with a 15 pip stop loss. The trade actually triggered while I was out but has not moved downwards enough to invalidate an entry at this time.
12:00pm: I have just closed off the WTI position as the price went reasonably quickly down to the $56.00 but looked as though it may then move back upwards. Happy with the +21 pip profit.
12:30pm: An invitation for a game of golf has just arrived so I am closing off my charts for the day – back here tomorrow.
I am planning on spending the morning at least here in the office catching up on admin and watching my collection of favourite charts from time to time. Any trades I take will be detailed below.
09:55am: Been out for an early morning cycle ride in the sunshine but now back and ready for some trading – nothing on the charts at the moment.
10:25am: Taken a ‘long’ position on my German DAX-30 15-min chart, it’s a Master-The-Trend Strategy-B set-up with a modest 18 pip stop loss
11:45am: I have closed the DAX position off for a quick +103 pip profit as the price action is suggesting a small retrace downwards now that it’s reached the 11200 level.
As it’s Friday and the day’s score so far is acceptable, I shall now be switching off my charts and retiring for the weekend. My plan is to be back trading on Tuesday as I need to be in London on Sunday & Monday.
After a long lay-off I am planning a day here in my home office watching the screens for any trades that may pop up.
10:50am Just taken a ‘long’ position on my UK FTSE-100 15-min chart, it’s a Master-The-Trend Strategy-A set-up with a 12 pip stop loss.
13:25pm: There is an Economic Announcement due out in a few minutes from the U.S. and this could affect the UK market so I have just closed off my FTSE position. It has managed a profit of +29 pips.
Out to a late lunch now.
14:45pm: Back home from lunch but far too sunny to be stuck indoors in front of computer screens ! Back tomorrow morning.
Although I have been away from my charts on a daily basis for a while now, things have calmed down at home now and all the major building work has now finished so I am going to get back to ‘normal’ trading once again starting from tomorrow.
If you follow my trading or receive my daily “Trading-Ideas” emails you will know that I’ve had most of the month away from my charts, writing trading books instead.
I am planning to get back to some serious trading at the beginning of February so I will post updates next week.
