Well – another day off for me !! That time of the month has come around again. As you all know by now, the first Friday of the month is Non-Farm-Payrolls day. this is where the U.S. announce their employment figures for the month, and I stand aside and leave trading alone for the day. The markets usually behave listlessly during the morning, and then become very volatile after the announcement at 1:30pm (GMT)
I am, however, looking into a way to safely trade after 1:30pm on this day, but I need to gather at least 6 months worth of trading data, so I shall have something ready in the summertime. Please email me ~ nick@marketsmastered.com ~ to keep abreast of developments.
I joined a couple of friends at 8am this morning for an cycle ride along the river, and we completed around 14 miles by the time I returned home at 10am (we did have a few breaks !!)
I showered and was in front of the screens in my study by 10:30 am, and my first trade (with my “Any-Time” system) came along at exactly 11am (EUR/YEN 18pip loss) and another two signals came up in quick succession (11:03 & 11:15am) and gave me +36 pips very quickly. I had an afternoon of errands to do in town so my last trade for the day was just before 1pm (S&P500 +20 pips) and I ended the few hours work at +38 pips.
I returned home at 5pm and I traded my way to a +20 pip profit by 6pm with my Trade With A Day Job System so the total for today came up at +58 pips. Yipeeee
Hello to you all – a nice lie-in for me today – watched Sky News with some strong coffee in bed this morning and was then in front of the screens by 9am for a full day’s trading with my “Any-time” system.
My first trade came along at 9:17am on the USD/CAD Forex pair, and that gave me an opening profit of +16 pips. Next was a trade on the EUR/USD pair at 11:15am (losing -21 pips) and then another USD/CAD trade (+10 pips) at midday. Just before 2pm there was a signal on EUR/USD but the risk/reward was not in my favour so I left it and my final trade was just after 3pm (USD/CAD again +10 pips) I was also watching the S&P500 index but no trade signals at all there today. My total for the day session came out at +15 pips with just one losing trade out of the four I entered.
My “Trade With A Day Job” system, which I traded this evening, gave me my usual +20 pips, so my total for the day was +35 pips.
I was up early this morning (6am) – but initially I got onto my bike and went off for an invigorating 2 hr cycle ride, and then off to the golf course for a couple of hours. I was back at lunchtime, and after a quick bite to eat, I was in my study at 1pm, ready and waiting for my first signal. Today I was watching charts from the S&P500, EUR/USD, EUR/YEN and USD/CAD, although there were no trades at all from the EUR/YEN currency pair. This does happen occasionally, the markets are entirely random, so no real surprise.
Anyway – my first trade came along at at 1.17pm (EUR/USD – Any-Time System) and gave me an opening profit of +10 pips. Four more trades occurred before I called it a day at 4pm and my total for the few hours of work was +22 pips. I had 3 winning trades and 2 losing ones. A high percentage of losers today – not at all the norm, but that does not matter with proper stop loss levels in place and careful money management. This is all shown in great detail in my system manuals.
I was back in front of my screens at 5pm to trade my evening system, and that achieved the normal +20 pips, so the total for the day came out at +42 pips.
Another restful day – I was engaged for most of the day helping a friend finish building a kit car, it was nice getting my hands dirty, so I was well away from the screens today.
I did get back home in time to switch the computer on to trade my “Evening” system – and the usual +20 pips was achieved.
A day off from work (if you can call it that) today ~ going up to London to see a few old friends. I have decided to revert to my ‘old’ working practices, and start the weekend early by having Friday’s off. Over the past few years, since deciding to market my systems to new traders, I have been working a full 5 days per week, but I now I should spend more time time with family and friends. This is the ideal ‘job’ to enable you to take as much time as you want off – as the markets are always there when you want to return.
I can report that my “Evening” system (Trade With A Day Job) achieved the usual +20 pips, although I was not back home in time to trade it.
Well……. today I started early as I had an afternoon planned at the local golf driving range. Some friends have suggested that I start playing golf again ( I actually played from the age of 6yrs old until 15, when I then discovered girls and motorbikes)
After a quick breakfast I was ready at my computer screen at 6:30am, and my first trade signal appeared at 7am (on my “Any-Time” system) with the EUR/USD Forex pair and that gave my an opening profit of +12 pips. I was only watching the S&P500, FTSE and the EUR/USD as I was working in the kitchen with my laptop. It was quite a quiet morning and I completed just two more trades before I finished just after 1pm, and my total for the morning was 51 pips. No losing trades today !
After a few hours wacking golf balls into the local countryside I returned home to trade my “evening” system (Trade With A Day Job) and after a few trades I finished at ‘Break Even’, so my total for the short working day stood at +51 pips still.
Well, after yesterday’s large trading profit, there was no great rush to get up today, so I woke at just after 9am and after a nice invigorating cycle ride at 10am I was breakfasted and ready at my desk just after midday.
My first trade (with my “Any-Time” system) came along at just before 12:30pm (S&P500 Index) and that gave me an opening profit of +10 pips. For a relaxing day, I was watching just the S&P500 and two popular forex pairs – EUR/USD and GBP/USD – mainly because both currency pairs have very low spreads – that impacts on dealing costs. I trade the S&P because it is a very liquid and ‘gentle’ instrument. Very predictable and it does like support and resistance levels, so making it easy to trade.
Anyway – I had another 4 trades up to 5:30pm and a total for the day of +45 pips, not a bad score for half a days work.
There was no trade on my “Trade With A Day Job” system tonight due to the way the markets were acting around the FOMC meeting (in the USA)
Good morning everyone – up early this morning and looking forward to a full day’s trading after my very relaxing past few weeks.
I quite fancied going for a nice profit today, so with that in mind, I was fed and full of coffee by 6:30 am and in front of my screens, ready and waiting for a trade signal on my “Any-Time” system. As you may know, this strategy will work on almost any index and Forex pair – but today I was watching the FTSE, S&P500, EUR/USD, EUR/JPY & GBP/USD. this will need only 2 screens to watch all the charts, so I haven’t got all of them switched on today. My first trade came along at 7am with a signal on the EUR/USD FX pair – that gave me an opening profit of +15 pips.
I have a large target to reach today, so I had no big break for lunch, but carried right through until after 6pm. All in all, I had entered 17 trades during the day – and had just one losing trade in amongst that large number. Due to the amount of trades I had, I am not going to list them all here, but I have got a Word Doc. with them all detailed, so if you are interested in seeing how I earnt a total of +168 Pips in one day – please email me at nick@marketsmastered.com and I will be happy to send the trade sheet across to you. Customers of mine who have purchased the system have already received this.
While I was at my desk, I also earnt +20 pips (as usual) after 5pm with my “Trade With A Day Job” system, so my total for the day came out at +188 pips ! (This equates to a daily profit of £840 if you were trading at just £5 per pip, although if you are a full-time finacial trader, you should be trading at a much larger level)
Good morning to you all. I hope the weather where you are is slowly getting warmer!
I had meetings for most of the morning, so no day-trading today – but I did sit myself down in my home study at 5pm to trade my evening “Trade With A Day Job” strategy. I finished the day with the usual +20 pips.
I am planning to have a full day’s trading tomorrow with both my “Any-Time” system and the evening strategy.