My Trading Day ~ Friday 16th September 2011

7:30am.       As you may know – I do not usually do any trading on a Friday, but I’m away for a 3 day break this evening, so I thought I would have a quick look at my MT4 platform with the collection of 6 charts and see if there was any opportunities a bit later on this morning. First I’m of for a cycle ride and get some papers and have some breakfast. I’ll switch on the charts around 10 o’clock.

 1:15pm.   Just read in the Daily Telegraph about Kweku Adoboli, the UBS trader who lost his employer £1.3 Billion ($3 Billion) he obviously did not follow my strategies in the trendFX trading manual, I shall be sending a copy to their CEO.    Anyway, earlier this morning I switched on a couple of screens and started my hunt for some nice trade set-ups with my trendFX strategies. Soon after 10:30am there was a signal starting on my GOLD and EUR/JPY charts and a few moments after 11 o’clock I was in both trades. The GOLD trade did ok and I came out of that one first at 11:33am with a +62 pip score. Unfortunately the EUR/JPY trade was stopped out at 11:50am at minus 16 pips, but as often happens with my systems, there was another trade soon after, so I was back in short EUR/JPY at 12:37. This time it went ok and half an hour later I was out with a small profit (+21 pips)  I’m going to sit down and do my accounts for August this afternoon, so I will report back later with my trading score for my “evening” system for last month.

4:30pm.      I have just finished my accounts for August and trading my “Evening” system got me a total of 835 pips – and I was on holiday for part of the month. It does show that even when the markets are very quiet due to the summer break or extremely volatile, my trading systems still perform well. If you want to know more about my “Trade With A Day Job” just book a Skype session with me.

I hope you all have a nice relaxing weekend, I am sure there are going to be some market-moving stories over the weekend concerning the European Banking Crisis, so Monday morning will be another volatile session. I will be back home late on Monday evening, so I will update this blog on Tuesday 20th Sept.

Daily Target Reached ?  YES (+67 pips)     I just traded for a few hours late morning. 

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