dwaddell's Blog

Dog Day Afternoon

17th January 2007

Well, a bitch of an afternoon.

Five trades from 1330 onwards for -20, +5, -10, -20, +20.

Sitting on a loss today of -30 pips.

A hopeful recovery from the beige book data later today is the only opportunity to bring things back in line.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Update For Yesterday

18th January 2007

Beige book data brought 2 trades for -10, +20 resulting in -20 pips for the day, an average days loss, so acceptable.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Session Update

18th January 2007

Just one trade this morning for +20 pips.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Update

18th January 2007

Two trades off the 1330 for 0, +20.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Update For Yesterday

19th January 2007

3 further trades yesterday off the 1700 for -5, -5, 0.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Update

19th January 2007

A tough morning and strong reversal on the 0930 news makes for 4 trades of -15, -5, -20, +10. In the hole to the tune of -30 pips so far today.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Update

19th January 2007

A good recovery this afternoon with two trades for +20, +20 off the back of the 1500 US numbers to bring the day to a close on +10 pips and the week to a close on +65 pips.

Have a good weekend all.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Update

22nd January 2007

Hurray! My 200th Journal Entry!

Choppy session this morning, resulting in 0, -10, 0, -10 for -20 pips on the day.

Nothing newsworthy today, so I'll call it a day and take the loss like a man.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Update

23rd January 2007

Morning all, a couple of trades this morning for -20, +30.

+10 pips for the day and nothing further worth trading today, so again another short one, which lets me get on with some other things today.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Update For Yesterday

24th January 2007

Sorry for the late update, was very busy yesterday and didnt get a chance to update my Journal.

Five trades through the morning session and 0930 news resulted in 0, +20, -15, -20, +20 for +5 pips on the day.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Todays Update

25th January 2007

Two morning session trades for -5, +20. Days total so far +15 pips, with some US news this afternoon.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Afternoon Update

25th January 2007

Four trades off the 1500 US numbers for -5, -10, 0, 0.

Thats a breakeven day today.

David

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Update

26th January 2007

Three trades through the morning session today for -15, 0, +20.

US news later today to round off what has been a pretty lacklustre week on the profits front.

David

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Done For The Day and Week

26th January 2007

Thats it, done for the day and week.

A further 4 trades through the afternoon news for -20, -20, 0,0.

A very quiet week which resulted in not enough winning trades versus the losing trades for me giving my first losing week since trading this methodology, ending the day on -35 pips and the week on -40 pips.

Still, you cannae win them all.

Have a great weekend.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Update

29th January 2007

A total of six trades through the morning for +10, +10, -20, +10, -15, 0, resulting in -5 pips. Choppy reaction again to the news at 1100 which has been seen for the past wee while, need to watch that, a possible change to my methodology may be required.

Nothing else on the horizon for today, so we'll leave it at that.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning Update

30th January 2007

One trade this morning for +20 pips.

US Consumer Confidence at 3pm today which should provide another opportunity, though the news recently has been showin some real strong reversals so I may watch a little longer today rather than jumping in straight away.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Afternoon Update

30th January 2007

Pulled back some pips today after a few days of turmoil.

Following from the morning session, this afternoon brought 3 trades for 0, +10, +10 for a net of +40 pips for the day.

The end of another month tommorow and the pip count for January is significantly lower than Nov and Dec, but still producing a consistent return, Jan will have averaged around 60 pips per week, compared to 100 per week through Nov and Dec.

Cheers for now,

Dave.

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Morning

31st January 2007

One trade through the morning session for +20 pips straight off the bat, nice when the morning goes like that.

Good strong news day today, and as long as there's clear direction we should be in for some more profit.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Afternoon Update

31st January 2007

A good few trades through the afternoon with 7 trades running at -5, -5, -10 then things got going with +20, +20, +5, +20 for a net total for the day of 65 pips, which brings a smile to my face and the numbers almost back in line with previous months.

Just the 1915 interest rate to go.

Cheers for now,

Dave.

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
Yesterdays US Interest Rate

1st February 2007

Yesterdays 1915 report brought 2 trades for -20, 0.

Total on the day was 45 pips.

January ended with +320 pips.

Dave

'Inner peace, it works for me.'
www.dwaddell.co.uk
 
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