Summary Week Ended Friday 31st August 2012

Trades

17 DAX - 21.69 BPS

All intraday trades.


Thoughts


I am continuing to concentrate on the Dax, as it trades much heavier volume than the FTSE. Dax volatility was subdued this week, but it made a big move to the downside on Thursday afternoon (which I missed as I had to go out).

A difficult week, no great trades, but I followed my trading rules.


Lovely example of how first 30 min resistance becomes support in the afternoon on the Dax:

Stay disciplined.
Stay focussed.

Summary Week Ended Friday 24th August 2012

Trades

10 DAX + 22.25 BPS

All intraday trades.


Thoughts

Traded five days this week.

Dax volatility continues to be  low this week.


I have decided not to trade the FCR type trades (countertrend after 1500 London time), since this category has a very poor return rate. In fact I shall not trade at all after the 1500 hrs cut off point.

Dax trades broken down by category:

Stay disciplined.
Stay focussed.

Summary Week Ended Friday 17th August 2012

Trades

14 DAX + 17.3 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 volatility was very low this week, range on Friday was under 35 points... The index is near the highs it made in March.

A difficult week, no great trades.

I have decided not to trade the FCR type trades (countertrend after 1500 London time), since this category has a very poor return rate.

Stay disciplined.
Stay focussed.

Summary Week Ended Friday 10th August 2012

Trades

11 DAX + 12.66 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 volatility was subdued this week last week's big moves.

A quiet week, no great trades.


Stay disciplined.
Stay focussed.

Summary Week Ended Friday 3rd August 2012

Trades

9 DAX + 44.29 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 volatility was huge this week after Mario Draghi disappointed the markets on Thursday.

A better week, although I missed the HUGE crash on the Dax.

I have to concentrate more on the LONG side, that's what I do best.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 27th July 2012

Trades

9 DAX + 29.56 BPS

All intraday trades.


Thoughts

I was busy on the boat for 3 days this week.

I am concentrating on the Dax, as it trades much heavier volume than the FTSE.

A better week, although I missed the HUGE rally on the Dax.

I have to concentrate more on the LONG side, that's what I do best.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 20th July 2012

Trades

14 DAX - 72.62 BPS

All intraday trades.


Thoughts

I am concentrating on the Dax, as it trades much heavier volume than the FTSE.

I broke my rule regarding quitting if I take a full 20 point loss on the Dax.

A very difficult week.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 13th July 2012

Trades

6 DAX + 20.86 BPS

All intraday trades.


Thoughts

Trading indices since CMC reintroduced minimum commissions.
I am concentrating on the Dax, as it trades much heavier volume than the FTSE.

Trading the 30 min breakouts more.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 6th July 2012

Trades

5 DAX + 32.60 BPS

All intraday trades.


Thoughts

Trading indices since CMC reintroduced minimum commissions.
I should concentrate on the Dax, as it trades much heavier volume than the FTSE.

And trade the 30 min breakouts more.

A quiet week, but decent P:L ratio.


Stay disciplined.
Stay focussed.

Summary Week Ended Friday 29th June 2012

Trades

9 DAX + 43.7 BPS

All intraday trades.


Thoughts

Trading indices since CMC reintroduced minimum commissions.
I should concentrate on the Dax, as it trades much heavier volume than the FTSE.

And trade the 30 min breakouts more.

I traded more actively this week, small size but decent P:L ratio.


Stay disciplined.
Stay focussed.

Summary Week Ended Friday 22nd June 2012

Trades

1 FTSE + 5 BPS
2 DAX + 7.5 BPS

All intraday trades.


Thoughts

Trading indices since CMC reintroduced minimum commissions.



Stay disciplined.
Stay focussed.

Summary Friday Week Ended 25th May 2012

Trades

1 FTSE + 6 BPS


All intraday trades.


Thoughts

I was busy most of the week again, so little trading.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 18th May 2012

Trades

1 FTSE + 18 BPS


All intraday trades.


Thoughts

I was busy most of the week again, so little trading.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 11th May 2012

3 Trades

1 BP + 71 BPS
1 AAL - 73
1 BLT + 13


All intraday trades.


Thoughts

I was busy most of the week so little trading.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 4th May 2012

1 Trade

1 BP + 2 BPS



All intraday trades.


Thoughts

I was busy Wed to Friday so no trading.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 27th April 2012

7 Trades

1 BARC + 25 BPS
4 BLT - 17 BPS
1 BP + 64 BPS
1 BT.A + 19 BPS

All intraday trades.

Thoughts

I really should concentrate on the long side, since that's what I have proven to do best.
Took my single loss on a short trade on BLT, a very poor entry.
 
Reached my BPS profit target just one day this week, Monday, after buying an early sell off.



Stay disciplined.
Stay focussed.

Summary Week Ended Friday 20th April 2012

5 Trades

5 BLT - 185 BPS

All intraday trades.

Thoughts

A short week, due to other commitments.




Stay disciplined.
Stay focussed.

Summary Week Ended Friday 13th April 2012

7 Trades

2 BARC + 72 BPS
3 BP + 86 BPS
2 RDSA + 11 BPS


All intraday trades.

Thoughts

A short week (Easter) choppy trading conditions.




Stay disciplined.
Stay focussed.

Summary Week Ended Friday 6th April 2012

8 Trades

4 BARC - 513 BPS
1 BG - 297 BPS
2 BP - 181 BPS
1 BLT + 21 BPS


All intraday trades.

Thoughts

A very poor week, missed a very strong rally on Monday afternoon, then lost fighting the sell off on Thurs and Friday.




Stay disciplined.
Stay focussed.

Summary Week Ended Friday 30th March 2012

6 Trades

1 BARC - 292 BPS
1 BG + 75 BPS
1 BP - 118 BPS


All intraday trades.

Thoughts

A very difficult week.

I will be more selective in the future.



Stay disciplined.
Stay focussed.