Trading Log – 16 March 2010

Trading a new week.  Daylight saving over for another year so we are back to earlier starts.

I am up late working anyway, so will be trading the morning session.

First trade of the day:

Entered trade a little late after call – 1142 (DS Buy).  Price moved in our favour and we moved our stop to -3 ticks.  Price then went against us.

-0.75

Next trade:

Big Picture DS Buy – entered at 1137.50.  Trade moved nicely – got a bit anxious and moved target to +1.25 (6 t)

+1.25

Total for day:  +0.5

Only a small profit for the day (after commissions) but that’s fine.  Will use the rest of the week to work on making $150 profit.

Strategy is to invest half of all profits and withdraw other half.

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