Spanish89- Opportunist Trades (2nd journal)

Added a £0.50 per pip long at 1.0231, and was going to add the extra £1.5 if it went down to 1.0226,
however it jolted upwards, and i cashed the entire thing in at 1.0253 which was the ultimate tick perfect exit!! :D

So a very nice £10 extra cash profit for those 45seconds work.


Im now just going to leave my next buy order (£2 per pip) at 1.0225, with target price of 1.0276,
so 51pips (£102) target.


If i can get and clear this trade then thats me done for the day on this market.
 
Target order of 1.0264 just touched, and currently looks like another ultra-perfect exit,
as that was the ultimate highest price touched for just a fraction of a second,
and market has now dropped 10pips lower seconds later!! :D :cool: :p
 
I also managed to nab a quick £18 extra profit at the start of this trade,
as i had that £2 per pip buy order at 1.0226, but when market was at 1.0227 i was scared it wouldn't drop that 1pip more that i needed to get my entry filled,
so i manually bought at 1.0228 and then tried to cancel my 2nd buy order 1second later but the market had dropped and order was already filled,
giving me a £4 per point trade.

But so dumped that 2nd trade 1minute later at 1.0236 for £18 profit, leaving just the 2nd open. :)



And ive just finished counting and my profit so far today since 7:30am when i turned on my laptop,
has been £231.50 profit!! :D :cool: :p

Combined with the £44 on Monday and the £129 yesterday gives me £404.50 profit for this week so far!!! :)


And thats all from starting the week with only £1,650 capital after having withdrawn the rest over the weekend!
 
I just wokeup and saw that my amended target order at 267.30 was hit this morning,
merely fractionally below the high of that move, before the market fell back to make a new day's low at 264! :D

So was £61 profit so far today.



Im struggling to find the next trade that i want though.
 
Quote from Jestersofmalice:

You'll find something :cool:
More...


Nothing seems overvalued or undervalued today though.

Im interested in shorting something that is overvalued, has increased 5-6% over last 2-3days, and that is correlated to the Dow so when Dow likely falls tomorrow it will follow...
The typical one for this is oil, however oil is too mid range for it to be a good enough opportunity.

I may short S&P directly i think though, as the Dow has too wide points range for what im interested in.



What trades are you looking for/currently in mate?
 
Quote from spanish89:



What trades are you looking for/currently in mate?
More...

Nothing, really. I just take trades as they come, as the signals come.
Pretty much just trade the ES. Sometimes other futures.

Done for the day now. Not a bad day, but I was up a fair bit more earlier in the day. Gave profits back

+435
 

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