Apr 252010

Hello Friends,

This was my Friday morning, everything was over and done with pretty quickly.  I had a busy day away from trading so felt I need to get my points early.  However as you are all aware this is really not the correct way to trade.   Anyway the signals were there so I was able to get 20 points.  I used a Stochastic Strategy that is also part of my strategy arsenal.

When I say nice and early it was just before 07:00 GMT.  Not my prefered time of trading for the stochastic strategy, under normal circumstances I would trade only range breakouts before 07:00 GMT (08:00 am in the Europe).  Because of my need to leave I did not hang around during or after the trade.

Stochastic Strategy - 20 points

Stochastic Strategy - 20 points

After this trade I quickly closed my charts so that I would not be tempted into any other trades, I did notice when I was able to go back and analyse the day that I realistcally could have had more points.

To Your Trading Success

The Investor Guru