my trading day ~ tuesday 4th may 2010

Hello to you all. Due to my rest & recuperation regime, I am rising a bit later than usual, and I am not allowed any exercise or any type of exertion at all. Luckily, I have the ideal job – sitting on a comfortable leather chair in front of a bank of computer screens. I was ready for work in my study by 9am. I have found that I can also spend a lot of time reading all those books I have promised myself, but never seem to get around to it. I did spend the weekend re-reading Mark Douglas’s excellent book  “Trading In The Zone” – everyone interested in financial trading should read this book at least once a year. If you would like a free copy – just email me.

As I have been trading full-time for such a long time, I can have a quick look over my charts first thing in the morning – and see which system would work best for the day. Today looks ideal for my USA Forex (Trend-Following) system. If there are any questions you would like answered that are not on the web-page, please email me at  [email protected]

My first trade signal came along at 9:16am (EUR/USD) and I had a quick short trade to reach my daily profit target of +25 pips. As usual, I was also watching a few other Forex charts, but nothing much was happening for the couple of hours I was trading. After my initial trade, I was happy to finish my trading day then, and as I have joined my local library, I wandered off there for a relaxing browse. I came away with 4 books, which will keep me occupied for the rest of the week. I was amazed to learn that I can borrow upto 14 books at a time !!! Amazing. I am not sure whether all libraries are the same, but there must have been at least a 100 books on trading/invsting, and if there is one in particular that is not in stock – the staff will get it in for you.

I traded my “Evening” system with a signal at 5:25pm and managed my usual +20 pips, so my total for the day stood at +45 pips.

This entry was posted on Friday, May 7th, 2010 at 3:01 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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