my trading day ~ wednesday 5th may 2010

Hello to you all.

Having perused my charts just before 9am this morning, I have decided I am going to trade my “Any-Time” system as I could already see a potential trade coming up on the EUR/USD forex pair.  I entered that trade at 9:16 (Long) and about 45 mins later I had my daily target of +25 pips in the bag. The rest of my day was spent relaxing and reading my newly acquired ‘library’ books.

My  ”Evening”  system (Trade With A Day Job) was a little unusual this evening – I had my normal (successful) first trade just before 6pm, but I have an added bit on the system manual that if this particular signal occurs, it gives you a very good chance of some extra profits, over and above the normal +20pips. This signal appeared just before 7pm and the trade ended up giving me an extra +70 pips, by trailing my stop as the index was going down. This trade gave me an idea which I will expand upon tomorrow – but basically – with my first trade of the day, I am going to take screen-shots as I trade it and hopefully show you how I trail my stops. It will either work out well, in which case you can see just how profitable my strategies are, but if it works out badly, you will be able to see how you can protect your profits and still come out without a loss even if the trade was not a particularly good one.  It should be a useful learning document for all of those of you who have not bought one of my systems yet. More details tomorrow. All of my customers, past and present will be sent one automatically, over the weekend.

Anyway – I ended the day with a nice +115 pips. I hope you all are all having a pleasant evening.

This entry was posted on Friday, May 7th, 2010 at 3:58 pm and is filed under Trading Days. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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