Summary Week Ended Friday 28th September 2012

Trades

2 DAX - 26.59 BPS

2 FTSE + 5.52 BPS

2 BLT + 25.95 BPS

1 STAN + 13.49 BPS

All intraday trades.

Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE.

I am trading stocks again, using Cap Spreads (since CMC reintroduced min commissions).

Markets fell at the end of the week to close down on the week overall:

FTSE - 111

DAX - 235.5

 SPX -19.48

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 21st September 2012

Trades

12 DAX - 36.57 BPS

All intraday trades.

Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE.

Not a good week.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 14th September 2012

Trades

11 DAX + 28.2 BPS

All intraday trades.

Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE. Dax made a 52 week high this week after the Fed announced QE3.

A difficult week, no great trades.

I have decided to:

1 - Not trade the F type trades (after 1500 London time), since this is my weakest period.


2 - Not to trade shorts, since the long side is where I have historically made the bulk of my profits.


By concentrating on longs, I can focus better on selecting the best trades.

Stay disciplined.

Stay focussed.

Summary Week Ended Friday 7th September 2012

Trades

 DAX - 12.36 BPS

All intraday trades.

Thoughts

Traded five days this week.

I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE.

Thursday was very volatile during the ECB press conference. I closed my long trade FAR too early, only to watch the market climb higher all afternoon.

A difficult week, no great trades.

I have decided to:

1 - Not trade the F type trades (after 1500 London time), since this is my weakest period.


2 - Not to trade shorts, since the long side is where I have historically made the bulk of my profits.


By concentrating on longs, I can focus better on selecting the best trades.


Textbook example of 30 min resistance becoming support:

Stay disciplined.

Stay focussed.