my trading day ~ wednesday 24th february

Hello to you all – I hope you are having a profitable week so far ?

Well – the plan today was to have an early start with my ‘day’ job (trading) as I had a get together in London later on with some trading friends.

With that in mind, I was at my desk at 6am after a one minute commute, ready and waiting for trades using my “Any-Time” system.

The first signal was at 6:15am on the FX pair known usually as ‘cable’ (GBP/USD) and that gave me an opening profit of +13 pips. The next one was shortly after 8am (USD/CHF) for a further +15 pips.  At 8:45am a signal came up on ‘Cable’ again (+12 pips)  By the way – the list of charts I had up on my screens was my ‘usual’ suspects – EUR/USD, USD/CHF, USD/JPY, GBP/USD and the S&P500 index – and throughout the time I was at my desk, I had no signals on the S&P or the Euro/Dollar. Anyway – at just after 9am along came a trade on ‘cable’ again for+12 pips – and then a period of no signals at all.

I watched the charts until 11am, but I had a few errands in town to complete before I headed off to London, so I called it a day for my trading – and I came away with a total profit for the day of 46 pips, 4 trades and no losers today. A lo of my customers who trade this system have a small daily target, so quite often their day’s work is done by mid-morning anyway. A daily target of just 15 or 20 pips can give you an excellent full-time salary, many times more than your present day-job. Do the sums yourself – start off with a £500 bank and see how long it takes you compound your profits into an amazing account balance – it’s an interesting mathematical exercise for 30 mins – something for the weekend perhaps !!

I did not trade my “Evening” system (Trade With A Day Job) as I was off out, but looking at the chart later I can see there was a trade just after 5pm for the usual +20 pips. My customers who are learning to trade using that strategy have been emailed with exact details (and a screen-shot) to help them with their education.

My plan tomorrow is to just trade my USA Forex system (the trend following strategy) for most of the day.

This entry was posted on Friday, February 26th, 2010 at 4:01 pm and is filed under Trading Days. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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