09:05am CET (8:05 UK time)  ~  A nice sunny morning here so far so its going to be a pleasant journey down to Alicante airport – I am taking a neighbour there in half an hour.  Afterwards I’ll be back here in the study watching charts – plus I have got 3 Skype calls booked with people looking at learning to trade.

After a very choppy session yesterday, the U.S. and European markets may have a more subdued start to the day as we wait for the release of meeting minutes from both the Bank Of England and the Fed. Positive news is expected across the board and Ben Bernanke has hinted that there is going to be a very slow removal of ‘fiscal stimulus’ maybe even stretching the government help for the economy through to 2015.  The S&P500 had another negative session after hitting an all time high on Monday and looking at the daily chart there seems to be more downside ahead over the next week or so.  The drop in the Brent Oil value was not real surprise for technical traders yesterday, it has been sitting around a key moving average resistance for a few days and has now confirmed that level after losing just over 100 pips.

13:10pm (CET)  ~  I have had an hour watching my MT4 charts but nothing much is happening, so I’m going down to the Yacht Club for a quick lunch – I have a Skype call at 2pm so I’ll be back then.

14:30pm (CET)  ~  I got back here a short while ago and while chatting on Skype I also noticed a potential UTB long trade on my S&P500 chart – so I’m now in a trade as it triggered shortly afterwards.

16:40pm (CET)  ~  My S&P chart started to get extremely volatile due to the raft of economic news out in the U.S. in the past hour so I’m out of my long position with a 52 pip profit.

18:25pm (CET)  ~  I have been watching my S&P chart for the last 30 minutes but it has placed itself in a narrow trading channel ahead of the FOMC minutes later on this evening, so I’m switching off this laptop and going off for some supper in Calpe.

Daily Target Reached ?  YES (+52 pips)       I traded the afternoon session plus 30 minutes this evening