Trading Diary ~ Monday 12th August 2013

07:05am (CET) ~ I’m on my third full day out here in Majorca staying with a trader friend (Tim) at his place in Peurto Pollensa in the north-east of the island. There are also three other traders here, so a plan we hatched last night after rather a lot of wine is to have a joint trading session this morning before lunch – and then we’re off out sea-fishing this afternoon on Tim’s boat  (The wives/girlfriends are off to Palma on a shopping expedition) We all have different trading styles and strategies so the results will be quite interesting.

08:30am (CET)  ~ Well, we’re an an hour and half into our (noisy) trading session and my self and Tim are in a trade each with the others yet to open a position. I’m in an S&P500 short which is coming down nicely as I write this, and I can also see two more possible trades on my Brent Oil and EUR/USD charts.

12:30pm (CET)  ~  Our morning trading session has finished with all of us having at least one trade and I ended with the most (three positions) with Tim and Pierre with two.  My S&P500 trade came in at +86 pips and I also got in trades with Brent Oil and the EUR/USD currency pair as well (+30 and +33 pips respectively)

20:15pm (CET)  ~  Just got back from our fishing trip – and after a quick shower we’ll be off to the best restaurant on the island – “Stay” which is right on the beach in town, a 10 minute walk from here.

Daily Target Reached ?  YES  (+149 pips)     I traded the morning session from 7am.

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