Hello to you all from a bright but cold South-East of England.

Well, back to trading today was the plan, after an enjoyable week with friends. I had a few mundane ‘chores’ to do in town first thing, so I was in my study at 10:30am to watch for trades with my “Any-Time” system. I was watching my normal array of the S&P and FX pairs (EUR/USD,GBP/USD,USD/CHF and USD/JPY)

My first trade signal was at just after 11am (EUR/USD) and put me behind by -15pips. I must remind you at this stage that I have a daily profit target (+25 pips) and once I have reached that figure, I will stop trading for the day. My “Evening”  Trading System is treated separately, so that is counted as an extra profit at the end of the day if I am around to trade it.

Anyway – my next trade came along at 12:15 (EUR/USD again) and gave me a profit of +15 pips, so I was back at break even after two trades. The next one was 15 mins later (USD/CHF) and that brought my running total to +18 pips, nearly at my target. One more hopefully and I can pack up for the day !!

15 mins later (12:45pm) a signal popped up on the USD/JPY FX pair, and that had a target of +7 pips (all my trades have a pre-determined target) so if it worked out ok I will have reached my personal target exactly for the day. At 1:15 the index shot up and I stopped the trade off at +10 pips, so in the end I finished my daytime session at +28 pips.  And it only took me just under 3 hrs out of my day. Happy days.

I am going to stick to my plan of a small daily profit target unless there is something in particular I want to purchase, and in that case I will trade all day, to enable me to have a decent amount of pips.

I was out for the afternoon, but I was back just after 7pm to have a look for a signal on my “Evening” system (Trade With A Day Job) and I had a late trade at 8:20pm for +20 pips.

Remember tomorrow is NFP day in the U.S.A. so no trading on my systems.  I am still looking at the charts tomorrow as I am doing a long term investigation into trading on this day. I envisage it is going to take around 6 to 9 months, so I will let my customers know what my conclusions are (together with an appropriate strategy) in due course.