Saturday, 27 December 2008

4th November

Dear John

We’ll I’m in the USA now and jet lag had me at my desk at 5am until midday my time. Darren met up with me at the same time and we did some good trading. We missed out of a perfect opportunity as we got out too early. I made 6 pips and I watched this puppy fall big time. Anyway I had lost my rhythm so I waited for an opportunity as I felt that there were so many support levels that it threw me. Hindsight I could see I was wrong. But thatis history and this is now.

Then at 4pm when cable went to 3 pips it tumbled and I went in again and made 10 pips. Darren made 30 as he stayed in longer. So for today I am up 16 pips. I’m also working solely from my laptop and I have to get used to the smaller candles to what I’ve become used to on my desktop.

Darren and I have also learned and its confirmed not to trade just to trade.unless the opportunity is there we don’t hit sell or buy. We have got this down well. Now we have to learn to ride the trades longer and we’ll be in serious profit. I am not concerned as I can see we are very much on our way.We are more relaxed, our approach is very clear and we do not enter trades unless all the signs show us its safe to go in. today was a perfect example with the euro. It showed a sell but the MACD was too horizontal for my liking and so we kept out. Of course once we closed down for the day it plummeted but tomorrow is another day.

We went over our target and you know I am very happy to get out then. I don’t feel the need to jump in and cash in on some more pips. I keep thinking there are many more opportunities like this and we had that shown today us today. We were ready to call it a day with my 6 and Darrens 3 and then cable dived and we went in calmly and I went out when I reached 10 pips.

What really excited me was by this stage the spread was up to 3 and it made no difference to our trading. We wentinto profit immediately and rode it But this is Monday. We have the week ahead of us and I am 16 pips in profit. I feel good. I beat my daily target of 10 yet again. My account isnow running at £1,189. I am still on £3 a pip. Shall I up it to £4?

I feel very comfortable at £3 but I was happy at £4 as well Hope to connect with you soon. Have a great evening. Leigh and I are about to head out and buy grout forour kitchen floor tiles. Then this afternoon its back to basics and working our home I am attaching my proper trading analyser for you to go over Kind regards Desiree

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