Nick’s Trading Diary – Monday 1st October 2018

I have been away from my charts for a week due to various reasons (Holidays/Moving Office/Building Work at Home etc.) but I am now installed in my new office away from home so normal service is being resumed slowly but surely.  Not sure how much chart watching I will be doing today but any trades I do take will be detailed below through the day.

09:40am     Just taken a ‘short’ position on my 30-min GOLD chart, my daily Trading-Guidance sheet and charts hinted at a move down this week so this maybe a good opportunity. It’s a Master-The-Trend Strategy-B set-up and my stop loss is 19 pips, around average for this timeframe.

11:20am     My GOLD position is still trundling away around break-even and I have now also taken a ‘short’ position on my German DAX-30 15-min chart. This time it is a UTB price-reversal set-up with a 14 pip stop loss.

12:50pm    I have just taken a quick +25 pip profit on my DAX-30 position as the price has come down to 12,300 level and looks to be reversing upwards.

13:10pm     Just glanced at my charts before going out for a spot of lunch and I’ve seen my GOLD position has been stopped out at -19 pips giving me a score so far today of +6 pips.

14:20pm     Back from lunch and there’s not much occurring on my collection of favourite charts so I am switching them off for the day – back early tomorrow morning.

This entry was posted on Monday, October 1st, 2018 at 10:22 am and is filed under Trading Days. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.