my trading day ~monday 13th december 2010

I am driving back home after lunch, so I may do a bit of trading this afternoon. All other weekend guests drove back last night as many had to commute to London early this morning.

I arrived back home at 1:30 and after a quick shower, I was back in my home office (above my garage) doing a bit of research for a modification with one of my systems. This idea came to me a few weeks ago while showing my gardener Ted how to read indicators on charts and the thought has developed in my mind ever since. I was working with just one chart (the S&P500 index) and a trade signal started developing with my USA Forex System just before 3pm on that same instrument, and I entered a LONG trade at 14:53.  Within 66 minutes, I had managed a profit of +20 pips, so I closed off there, as a resistance level seemed to be showing itself as well as the fact I had reached a target level.

I stayed in the office playing around with some charts until 5pm – when I usually start trading my “Evening” system (Trade With A Day Job) and my first trade with this strategy kicked off just after 5:30pm. This trade was stopped out shortly afterwards at -14 pips, and a second trade was entered just before 8pm, and that one turned out to be successful (+49 pips) so I ended the evening with an overall profit of +35 pips, plus 20 pips from my afternoon’s efforts as well

While thinking of trading from home, which many of you readers are either doing right now, or are planning to very soon – here is a story from the New York Times about an underground movement in Japan where housewives are ‘playing’ with their families savings on the markets…. and enjoyable read !

Note about Tuesday 14th Dec. I am away all day tomorrow, myself and a group of friends are doing a private track-day near Bedford.

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