Tuesday 6th December 2011 – Europe’s Credit Rating Downgrade Threat

8:45am.      Good morning to you all. I was up quite early today – and was down in my study by 7:45am to turn my screens on and watch for possible signals on my group of strategies in the trendFX system manual. As a reminder to those of you who have not purchased the trendFX manual yet, there are 4 main strategies contained within its pages plus TWO extra strategies in the “Extra” manual. As you will have noticed yesterday, my only trade for the morning was using one of these extra set-ups, and the beauty of having SIX separate set-ups in one trading system means that you are never short of a trade when you have sat down for a trading session, no matter how short a time you’ve got. I know many of you can only spare an hour or two in the morning before you go to work, so making the trendFX manual ideal as you are watching for SIX separate “patterns” — Anyway, back to my trading……..

Almost immediately I could see a potential pattern revealing itself on my ‘Brent’ chart and a few moments after 8 o’clock I was in a short trade with “strategy-2″ of my trendFX system. The trade went in the right direction for me from the off and 20 minutes ago I was out with a profit of +25 pips, my daily target in one trade…..

In the markets, we had an adverse reaction last night on the U.S. indicies when Standard & Poors announced their worries concerning the European Debt problem, although this morning all such worries seem to have been ignored as all the major indexes have staged a recovery. All eyes will be on the American open at lunchtime (UK time)

I will report back later this evening if I have any trades with my “Evening” system (Trade With A Day Job)

20:15pm.   I had a couple of trades this evening with my “Trade With A Day Job” system, the first, just after 5pm turned out a loser (at -18 pips) but my second attempt gave me +42 pips, so I have just ended my early evening session with +24 pips, together with my earlier score gives me a more than reasonable +49 pips daily earning – well above my daily target of 25 pips. If you have not read my short document on why you only need 20 pips per day to become a millionaire trader (really!!) please email me and I will send you a copy…

Daily Target Reached Today ?  YES  (+49 pips)       I have traded for just under an hour this morning, and a few hours this evening

Monday 5th December ~ Looking forward To The E.U. Summit

12:40pm.       I was up and about fairly late this morning, as is my habit on a Monday morning, and I had no real intention to do any trading this morning – just respond to the 70 or so emails that came in yesterday from prospective customers wanting to know a bit more about the Markets Mastered training.

One question I received was from an existing customer about trading on a ‘Brent-Oil’ chart, so I brought the chart up onto my laptop screen so as to answer the query and immediately noticed a potential trade pattern from my trendFX extra strategies (strategy.5) — so naturally I got into the market with a ‘long’ trade a few moments after 11:50am and was out around 30 minutes later with a profit of +26 pips.

The markets are shrugging off any bad news and looking forward to the EU summit later on in the week – all indexes are looking positive at the moment.

The rest of the day will be spent on email replies plus 3 Skype sessions with prospective customers. I will report back later with any news regarding my evening trading session.

6:10pm.       I had my S&P500 chart ready at 5 o’clock to watch for any trades with my “Evening” system and as soon as it came up on my screen I could see an obvious trade signal from the “Extra” strategy that was released a month or so ago. It was a good long trade, and withi 50 minutes I had my “evening” target in the bag (+20 pips)

Off out for some supper now…

Daily Target Reached Today ?  YES (+45 pips)         I trade for 30 minutes this morning plus just under an hour this evening.

 

Friday 2nd December ~ Non Farm Payrolls Day.

9:00am         Good morning, I hope you are all looking forward to a nice, relaxing weekend. As it is the first Friday of the month today, it means it is the U.S. employment figures announcement at lunchtime (UK time) so there is no trading for me today.

I have been doing some accounts for November this morning, and my trading profit for my “Evening” system (Trade With A Day Job) is +560 pips for just 16 evening sessions in November. Please email me if you would like to replicate those earnings.

Wednesday 30th November 2011 ~ Public Sector Strike Day Today…

9:30am.      Another lazy morning, and another lay-in !!  I’ve just got up and come downstairs, so I’m going to have a bit of breakfast and then sit down in front of my screens and have an hours trading before lunch. I will report back later with my results.

In the news today, we have the UK public sector workers on strike – well a small percentage of them anyway. This usually means the roads are quieter and resturants are easier to get into !

12:00 midday.       I sat down in front of my screens at 10:30 and within 10 minutes I could see a potential “trendFX” trade on the S&P500 index starting to develop. Just after 11am this turned into a proper trade signal and I got into the market with a long trade — and just after 11:30 I was out with a profit of +113 pips.

I’ve got 4 Skype calls to do after lunch with potential customers who want to know a bit more about my systems before they sign-up to my trading education. I will report back later with news of my “Evening” trading session.

9:15pm.   I have just closed off my 2nd trade of the evening – with a profit of +90 pips. My 1st trade of the evening was stopped out at minus 18 pips, so I had an overall profit of +78 pips which when added to my morning’s efforts, gives me a decent daily earning today.

Daily Target Reached Today ?  YES (+191 pips)         I trade for an hour this morning plus 4 hours this evening – a really long day’s trading for me…..

Tuesday 29th November ~ Can George Osborne Save The Economy

10:30am.      Good morning to you all, I must admit I had a bit of a lay-in this morning after a very late evening out last night. I meandered downstairs about 30 minutes ago and had some breakfast, and I am now going to catch-up on emails while watching a few charts for the next two hours. I am then off to my place in Suffolk for a few days. I will report back later if I have any trades.

On the markets today, our chancellor, George Osborne, is revealing his Autumn Statement in Parliament later today – will his thoughts halt the FTSE’s recent climb after being in a down trend for nearly two weeks ? Let’s see……

9:55pm.      I’m in Suffolk now, I arrived at 2 o’clock this afternoon and went out for a lovely cycle ride along the northern coastal path – all in all around 16 miles. Earlier I did watch my normal charts for 90 minutes, but there were no trade signals to speak of, which is very unusual for me.

Anyway, I was back from my cycle ride at 4:30pm to switch on a laptop in my kitchen to watch for trades on the S&P500 index. Dead on 5 o’clock I had a ‘long’ trade with one of my “Extra” systems that I’ve added to my “Evening” system – and that gave me an immediate 25 pips straight away – quite shortly followed by another “Evening” strategy trade which was stopped out at a minus 26 pips, so I was back to almost level pegging half way through my session. I carried on watching for another signal, just so I could end the day with a positive score, and just after 8pm I spotted a shorttrendFX‘ trade, so I got in to the market promptly – and was rewarded with a quick +30 pip profit.

It’s an early night fo rme now, after last night’s late one…..

Daily Target Reached Today ?  YES (+29 pips)         I traded the evening session plus 90 minutes this morning

Monday 28th November 2011 ~ Rally In The Markets This Morning…..

11:30am.       Good morning, and here’s to a profitable time over the next 5 days after a lot of time off last week, mainly due to the U.S. Thanksgiving 2 day holiday.

I was up fairly early for a Monday morning, and was down in my home study (off the kitchen) at 7:30 – ready for a morning of trading my trendFX group of strategies. I was watching  my group of six favourite charts when I noticed a pattern emerging on my ‘Brent-Oil’ chart, and soon after 8 o’clock I was in a ‘long’ trade with the index. A few minutes later my S&P500 chart showed a nice opportunity as well, and that turned into another ‘long’ trade. They both went up gradually, and a while ago I closed both trades off with +82 pips on the first trade and +100 on the second one.

The markets this morning have staged a bit of a recovery after a few weeks of losing value, although it maybe just bargain hunters out before the end of the month – we’ll see.

I will report back later, if I do any trading with my evening system – but for now, I’m off on a cycle ride along the river, a 22 mile round-trip

8:10pm.    I sat down here in the kitchen at 5:30pm to watch for trades on my “Evening” system – and just after 7 o’clock I could see a potential trade setting-up. Just before 7:30 the price hit the trigger level, so I was in a ‘short’ trade, and just over 30 minutes I was out again with a +26 pip profit. There was a second signal to show that there may have been a bigger move downwards, but I am due out for a bit of supper with a couple of friends in a minute so I turned off the chart — very happy with my overall profit for the day.

 

Daily Target Reached Today ?  YES  (+208 pips)    I traded for 3 hours this morning + 2hrs this evening.

Wednesday 16th November ~ Dip In UK Inflation

07:00am.      I am up and showered early this morning, and in a few minutes I will be on the road up to Suffolk for a few days.

In the markets, there was a dip in inflation yesterday which will have been welcomed by all as the decline from the peak is seen by many as the start of the return to inflation levels that are more sustainable for everyone. Good news for the UK population in general, especially in the run up to Christmas.

18:30.  I have had just one trade this evening on my “Trade With A Day Job” system, I got in at 5:15pm and came out 25 minutes later with +20 pips

Daily Target Reached Today ?  YES  (+20 pips)   I traded this evening for an hour.

Tuesday 15th November ~ Break Up Of The Eurozone Likely ?

09:00am.      Got back home late afternoon yesterday, and managed to have a couple of trades with my “Evening” system – the first trade was a short one with entry at 6 o’clock, but did not last very long, and I was stopped out fairly quickly with a minus 16 pip score. About half an hour later I was in another ‘short’ trade but this time I did a lot better and closed off with +36 pips after around 75 minutes in the market.

I have some errands/shopping to do today after being away from home since Friday, so will not be trading until this evening. I will report back later with details of any trades I take in that session.

In the news today, the calls for greater integration within the EU are getting louder as politicians continue to dream of an ever more powerful central European state.  There’s no question that more fiscal integration could have possibly averted the current crisis by preventing profligate states from going on their spending sprees whilst being able to borrow from the bond markets at the same rate as Germany, but the reputation of the eurozone project has been badly tarnished and whilst there might be appetite from politicians, there is growing scepticism from the voters.  Certainly in the UK, which has historically been one of the more sceptical nations proud to have the head of state on its own bank notes, the old cracks in the Conservative party have re-emerged and now the Labour party is making noises about reclaiming powers from Brussels.
19:15pm.    I did switch a laptop on at 5:30pm this evening to watch out for signals on my “evening” system and just after 6 o’clock a potential trade started to develop. All went to plan I got into the market ‘long at 18:25 and rode the market up as it was in a nice upward trend. I came out a few minutes ago with a 37 pip profit.

Out for some supper now at Cafe Rouge in the town. I am up early in the morning and off to my cottage in Suffolk for a few days.

Daily Target Reached Today ? YES  (+37 pips)        I traded for nearly 2 hours this evening

My Trading Results This Week

Well, we’ve come to the end of the week again – they seem to come round so quickly !

My trading results for this week (Mon.7th-Fri.11th Nov.) are as follows:

trendFX system: I traded for just two days this week with this collection of strategies and managed a profit of +107 pips.

Trade With A Day Job: I traded this system 4 evenings this week and managed a profit of +149 pips

Total for this week: +256 pips.

If you would like to learn to replicate these profits for your own trading account, please email me and I will show you how: nick@marketsmastered.com

Friday 11th November 2011 ~ Bank Holiday In The U.S. Today

9:00am.       As usual on a Friday, I am starting my weekend early – so no trading fo rme today. I am actaully away this weekend – camping with the local Scout group where I help out. We are all off this afternoon and will be back very late on Sunday evening.

In the U.S. and Canada there is a bank holiday, so the currency markets may be a little ‘flat’ so if you are trading today, be wary.

I hope you all have a nice relaxing weekend.