Trading Diary June 17th

Ig charts had a problem on Monday so I could not trade much. I also had a few meetings on Tuesday, so again I could not trade much.

Wednesday had many announcements that could throw trades for or against you. I took 21 pips on gbp/usd (Cable) as it broke over the 50 mark at 16454.4, exit was 16476.7.


Cable then dropped horribly on fear of high Job losses due to be announced for 09:30 (GBP Claimant Count Change) and (GBP MPC Meeting Minutes) Many of the FX markets dropped with fear.

The Graph shows the spike Created at 9.30, there was a false rise then continued to plummet!

Trading Diary 15th June

Some of the skype Trading Group are now taking some extreme points on FX !
Toj has taken the record and not often will I do this but here is his skype chat of how it happened!

15/06/2009 16:40:40 Tojomul: I had a great day. Was short USD CAD from Friday and just closed out with 169 pips. Also shorted EUR/USD at 8am this morning and just Closed out with 106 pips, total 275 pips, well happy :), still short GBP/USD.















So Toj now holds the record for most points on FX in one trade (169 pips) and most pips in a day. He has slightly modified the strategy and used it intra day to cane some pips from Friday.


Ftse continues the current pattern of going virtually first time! 20 points in 10 minutes has become a regular occurrence recently!

I will be testing the strategy on the Dax!