09:35am (CET)  ~  Although there was no bad news over the weekend, the European markets are opening considerably lower as there is growing concern about the debt-ceiling crisis in the U.S. the world’s largest economy. Originally it was perceived by the markets as merely political point-scoring between the democrats and republicans, but now due to [...]

New students who learn to trade with me send in their own trades for me to evaluate as part of their trading education. Every week I pick one to highlight as “Trade Of The Week” and today we have a UTB strategy trade on the 30 minute S&P500 (e-mini) chart. The trade was sent in [...]

09:45am (CET)  ~  The big news on the markets today is the fact that the government shutdown is going to affect the Non Farm Payrolls announcement today according to this notice from the Bureau Of Labor Statistics.  Basically, it’s not going to happen so we may see a normal days trading today instead of the [...]

10:05am (9:05am UK time)  ~  We got in very late last night (well 3:30am this morning) so it’s not going to be a busy morning as I feel slightly tired today. I have got a cycle ride up to Guadalest with some friends before lunch but before then it’s going to be a quiet time [...]

07:35am (CET)  ~  A nice early start for me today as a lot of tradesmen over here tend to work first thing in the morning and then have a (very) long lunch break. I have an electrician coming in to sort out some very old wiring in a minute and also a bricklayer to sort [...]

09:50am (CET)  ~  After a very late night yesterday I’ve had a bit of lie in this morning, and after breakfast it’s off to Calpe for some shopping to fill the fridge and wine cellar. Then a cycle ride up to Guadalest to clear my head before lunch. The markets yesterday were dominated I suppose [...]