10:25am  ~  I had a nice lie-in this morning, and after breakfast I’m off with some fellow cyclists for a nice jaunt up the coast to Lowestoft along the sea-wall – it’s around 25 miles there and back.  I’ll be back here this afternoon for a restful time in the study in front of some charts. I have some emails to reply to as well plus 3 Skype calls with budding traders.

17:25pm  ~  I switched on my MT4 trading platform when I got back here just before 2pm – and so far I’ve had a couple of trades, the last of which I’ve just come out of.  If you’ve been following the news today you will have noticed that the markets have not taken kindly to the banking situation in Cyprus – the government have kept the banks closed for the second day in a row so customers cannot get their money out !  This has resulted in the main indices falling quite heavily as soon as the U.S. market opened in New York.  This kind of reaction by the Cypriot government is spooking the markets and making people think that the ongoing Euro crisis shows no sign of going away.

More happily, I am glad to say that my “Any-Time” system produced a nice trade signal early on in the price fall, which means the trade I’ve just come out of on the S&P500 has made a profit of 153 pips. I also had a quick reversal opportunity with my “Evening” beginners system about an hour ago and managed another 20 pips.   That’ll do me for the day…….

Daily Target Reached ?  YES (+173 pips)        I traded for just over 3hrs this afternoon