Friday 13th January 2012 ~ Profit Warning At Tesco

8:00am ~     I was up relatively early this morning, considering that normally my Fridays are not a work day for me but a nice relaxing start to the weekend. I’ve just got down here to my study, I have some catching up on admin work for Markets Mastered, so I’ll be doing that for most of the day, and I will also watch a few charts as well to see if we can get a bit of money out of the market today. This is despite it being Friday the 13th – and for all those superstitious people out there, get a grip on your life and stop this nonsense !!

The news is full of a profit warning at Tesco Supermarkets, perhaps a sign of things to come from the other large UK retailers – we shall see. The Tesco share price did suffer a large fall obviously, wiping over £4 billion from the value of its shares.

I will report back after lunch if I manage any trades.

4:15pm ~     I did have a couple of trades earlier while sitting here at my desk, one with my favourite instrument plus a Euro/Dollar one – and all in all I got +251 pips from the markets. My 1st trade kicked off just before 10:30am on my EUR/USD chart, using strategy 3 from my trendFX collection of systems. I let it run and had a quick look every 30 minutes or so and have only closed it off quite recently. It gave me +144 pips. In the meantime I noticed a possible trade developing just before midday on my S&P500 chart and soon after I was in my 2nd ‘short’ trade of the day. This trade also trundled down slowly and I closed it off about 15 minutes ago with a score of +107 pips, giving me an overall profit for the day of +251 pips.

That’s me done for the day, admin completed and profits banked, I am all ready to hop into the shower and then a short walk to the Lord Nelson Pub (The Nellie) for the evening…..

I hope you all have a nice relaxing weekend.

Daily Target Reached Today ?  YES (+251 pips)        I traded the daytime session and had two trades.

Thursday 12th January 2012 ~ Interest Rate Decisions For UK & Europe

9:15am ~      I think the interest rate announcement by the European Central Bank and The Bank Of England are a bit of a forgone conclusion, but I still expect some of the currency markets to be low in volume for the first few hours of trading today. Expect rates to stay as they are for the moment.

I have two meetings today, planning officers and architects are coming over here to sort out a property development, so I will not be doing much trading, although I will keep an eye on the S&p500 index every few hours, just to see if I can spot an opportunity to grab a few pounds from the market. I also have a couple of Skype calls at lunchtime with prospective customers of Markets Mastered.

I will report back later regarding my daytime and evening trading.

8:00pm ~     I have just shut off my trade with my “Trade With A Day Jobevening trading system, it started with a signal just before 7pm. I managed my usual target of +20 pips.

Earlier, just after lunchtime, I got into an S&P500 ‘short’ trade which lasted for 2.5hrs and gave me a profit of +106 pips. I was only watching one chart as I was involved in meetings, so could not concentrate on trading 100%. I can now appreciate how part-time traders work when they are at their day jobs and have to sneak in trades between what they should be doing, and also watching out for the boss !!

Daily Target Reached ?  YES  (+126 pips)     I traded for 2.5hrs this afternoon plus a few hours this evening

Wednesday 11th January 2012 ~ A High Speed Railway For The UK ?

10:00am ~   No trading for me today (well maybe some this evening) as I am off in a minute on an Off-Roading Day in deepest Norfolk at a friend’s farm. A group of us are taking our Land Rovers up there to muck about in the mud for the day. Once we are done, I will be going back to my cottage in Suffolk as it’s closer to get back to rather than travelling all way the way back here to Essex.

This morning there was an excellent piece on the UK’s proposed ‘High Speed Rail Link’ and to read the whole article you should go to this story: High Speed Rail Link

If I manage to do any “Evening” trading I will report back later.

7:00pm ~  I am still in darkest Norfolk, in the Coach & Horses Pub on the Queen’s Sandringham Estate. I’ve got this laptop with me, and I’ve closed off a trade with my “Evening” system which gave me +20pips when I got out a few minutes ago. Some of the locals were quite bemused as to what I was doing, although friends are quite used to me trading with a laptop in strange venues…….

We’re all heading off home in a short while after a very enjoyable day in the mud.

Daily Trading Target Reached ?  YES (+20 pips)   I traded for an hour this evening with this laptop in the pub.

Tuesday 10th January 2012 ~ Greece To Leave The Euro ?

8:30am ~      I got up here into my home office (above the garage) 15 minutes ago and immediately tuned on a couple of my screens to watch for any trades with my collection of trendFX strategies that may pop up in the next few hours – I also have some emails to catch up on as well. Three minutes ago I entered a (long) trade on the S&P500 chart as there was 3 separate signals for the trade. As many of you will know, my trendFX has FIVE separate trade strategies in the one trading manual, and my S&P chart just now showed a signal on strategies 1, 4 and 5 and I’ve just noticed there was also a pattern from my “Evening” trading system as well !! This means that there is a greater than normal chance of the trade being profitable, so we will see what happens in the next few hours – it’s certainly heading in the right direction so far.

When turning on my charts a few minutes ago, I also saw a trade signal on my GOLD chart, but the price has already gone past the trigger level, so I’ve missed than one. No matter, there are always plenty of trades to choose from in my experience. Any way, I’m going to get on with some emails now and I will report back later regarding the outcome of this S&P500 trade. I also have four Skype sessions with prospective customers before lunchtime.

I have a good article by Simon Denham regarding the Greek economic troubles and whether they are going to be forced out of the Euro – you can read about it here

10:25pm ~      Unusually for me, I have just closed off my last trade of my evening session, if you follow this blog, you will know that I am usually finished my evening trading by 7 o’clock or so, but tonight has been a very busy one as I’ve had three trades in total – the first two were losers, but the third came out ok and I’ve just finished this session with a +8 pip profit. My earlier trade this morning on the S&P500 came out at +40 pips, so all in all I am happy with my day’s trading, well over my target.

Daily Target Reached Today ?  YES (+48 pips)    I traded for a couple of hours this morning plus a long evening session

Blog Updates – January 2010

Hello to you all ~ although I have been writing daily blog ramblings  to post on here and keep all of you up to date with my trading and what I get up to when I’m not in front of my charts, we have had a bit of trouble uploading them, so there are some missing as you may have noticed.

Over the next few days I am going to endeavour to get them all up here for you to read, so for the time being I do appreciate your patience.

With my best wishes, Nick

Wednesday 28th December 2011

Good afternoon – just a quick update as I have not had access to any internet for a while, as I’ve been away on holiday since before the Christmas break. I am currently in Taba Heights in Egypt, soaking up the ‘winter’ sun, and this afternoon the hotel eventually got its broadband back for us guests.

Over the next couple of days, I will update this blog and I will be returning to the UK at the weekend, and resuming trading next week once we get some volume back in the markets, and all the City traders are back at their desks

I hope you have all had a wonderful Christmas Break and I wish you a prosperous New Year

Sunday 11th December 2011

Just a quick update on the past week’s trading – as I have previously reported, I managed +194 pips trading my ‘starter’ system – “Trade With A Day Job” and using my other main system, the trendFX collection of strategies, I amassed a total of +176 pips for 4 days worth of trading, meaning a total week’s earnings of +370 pips.

My original plan was to leave for home tomorrow morning, but a few of us are now off to Barcelona to see a friend for a few days, so I will be back in the UK on Wednesday now. I have a couple of laptops with me, so I’ll do a bit of trading while out here, and I’ll report my results in this blog.

I hope you’re all having a nice relaxing weekend.

Friday 9th December 2011 ~ Cameron Holds Firm At European Summit

7:35am.    Good morning, and here we are again at the end of the week. At my age they seem to come round so quickly, heaven knows just how speedy my life will disappear when I reach 60 or 70 !!

Anyway, as it is Friday, it is usual for me to have a day off from my charts & trading in general — and get cracking on sorting my weekend activities. This was not the case this morning, and I bucked the trend and was up and in my home office (above the garage) quite early (6:15am) having a look through emails that have come in overnight from Australia/Asia. I also turned on my MT4 trading platform on just one screen to have a quick browse to see if there was much happening before the European Session open.

Sky News was full of the overnight news that  our Prime Minister has stood firm at the EU conference, and is not allowing the UK to join in on economic treaties that are being dreamt up by the Germans and French – more details on the conference and specifically the taxes that the EU want to impose on all financial transactions including the City Of London just visit Sky News

Anyway, back to my computer screen, and almost immediately as my MT4 platform came to life, I could see an ideal set-up on my EUR/USD chart, and I was in a short trade with my trendFX system at 06:45am. The market moved swiftly in the direction I had envisaged, and 30 minutes later I was out of the trade with +25 pips, a nice bonus for my trading account on a day when I do not usually trade.

I am now going to pack a weekend bag, as I am off to the South Of France to help a friend celebrate her 5oth birthday. I shall be taking a laptop so can still do emails over the weekend, and I will be back in the UK late on Monday afternoon.

My last week’s “Evening” trading has produced a total of +154 pips for just 4 evening’s trading which if you are trading at my customers average, you would have earned over £1500 this past week with a very part-time business. If this kind of weekly profit appeals to you, just drop me an email and I’ll outline details of EXACTLY how you can learn to trade at this level.

Late Update (20:00hrs)    Did a bit of ‘mobile’ trading on my NetBook earlier on while waiting to be picked up by an old friend at Nice Airport, and I had a quick trade using my “Trade With A Day Job” strategy — I got in ‘long’ just after 6:15pm (my watch is still on UK time) and ended with a nice +40 pips profit

I hope you all have a nice, relaxing weekend.

Daily Target Reached Today ?  YES  (+65 pips)    I traded for an hour early this morning and short time this evening

 

Thursday 8th December 2011 ~ European Interest Rates Announcement Today

9:00am.       A bit of a lie-in for me today, there is no trading for me this morning as I am off with a couple of friends to sort out our ‘track-day’ cars for an event next week. We are off in half an hour and I’ll be back later this afternoon to trade my early evening system. I will report back later with details of any trades I may manage.

6:30pm.       We are still up here at Snetterton Race Circuit (in Norfolk) but I did have a very quick trade on a laptop (with my “Evening” system) just after 5 o’clock while sitting here in the Motorhome while some mad mechanics worked on my car out in the cold damp weather that we’re experiencing at the moment. My signal appeared just 10 minutes after 5pm and within a few minutes I was in a ‘short’ trade – and happily the S&P duly trundled downwards and gave me  a +67 pip profit by just after 6 o’clock. Not bad earnings while having a nice afternoon with a hobby !!

Daily Target Reached Today ?  YES  (+67 pips)       I traded for just an hour this evening

Wednesday 7th December ~ European Summit Underway Today

 08:50am.       Another late start for me today, I am off to do some early Xmas shopping at Bluewater in Kent ~~ it’s only 45 minutes away if the M25 is clear and there’s not too many traffic police around ~~ so I’ll report back later this evening with details of any “Evening” trading I do.

18:00hrs.    I have just closed off my only trade of my early evening trading session, a very quick ‘long’ trade that kicked off shortly after I switched my S&P500 chart on. The index price shot up in its intended direction and gave me +43 pips a few minutes ago. I am not going out this evening as I’ve been out all day and I have quite a few emails to reply to plus two Skype sessions booked with potential customers wanting to know a bit more about the trading training I can offer, so I am going to carry on watching my MT4 platform for trades with my trendFX system – these strategies can be used at any time of the day or night.

20:50hrs.    I have just closed a ‘long’ trade off on the S&P500 index using strategy 5 from my trendFX collection of systems. I got in the trade just after 8:15pm and was out after only 30 minutes with exactly 100 pips, rounding off a nicely profitable day

Daily Target Reached Today ?  YES  (+143 pips)     I just traded this evening