09:55am (CET)  ~  A bit of a late start for me this morning, last night’s party did not finish until 4am this morning, but after a cycle ride out in a few minutes, I’m going to be in the study doing some emailing and chart watching for the rest of the morning.

The main indices were broadly positive yesterday after the Iranian deal at the weekend, the Dow Jones posted another record high at 16123 but succumbed later to some profit taking mainly due to the slow down that’s going to occur because of the Thanksgiving holiday on Thursday.  Airline shares did well yesterday on the hope of cheaper oil prices – again due to sanctions being lifted that allow Iran to export more of their oil reserves – and as a consequence we saw Brent Crude gap down substantially at the beginning of the trading session but then recover once traders realised that the glut of Iranian oil was not expected for a while yet.  Gold started off in the doldrums once again during yesterday’s European trading session but once it kept hitting the $1227 level over a period of hours, traders began to think that it had found support so they began to buy on the back of that. There also seems to be renewed interest from Asia, so that may help prices gain slightly over the next few days, previous resistance at $1250 may turn into support.

12:30pm CET (11:30am UK)  ~ There’s not been a lot of movement in my charts this morning mainly due I suspect to the low volumes that’s expected in Thanksgiving week, but it looks like a ‘short’ opportunity is lining itself up on my Gold chart – if the price moves down to 1250.6 it will trigger a trade, although support at 1250 may well make it a very quick trade –  I will report back later.

13:45pm (CET)  ~  Well, the Gold 1250 support has well and truly been broken (1247.7 currently) so I’m going to stay in my new Gold position for a bit longer. My stop-loss on this trade is 29 pips so I am currently around a 1:1 profit/loss situation.

15:35pm (CET)  ~  The price on my Gold chart has slowed slightly and as I had a profit on my screen of +62 pips I am now out of my earlier position.

22:10pm (CET)  ~  I was out earlier this evening but got back just before 8pm and had a chance to switch on my MT4 chart for a short while.  At 8:20pm I got into a ‘long’ trade on the S&P500 with my evening strategy and although the index hit a high around 1810, it then retreated quite sharply towards the end of the U.S. trading session and I came out of the market with a 13 pip loss.

Daily Target Reached ?  YES  (+49 pips)       I traded for a short time this afternoon and again in the evening