07:15am  ~  Just off for an early cycle ride then off to the cottage at Southwold for a week or so. Once I’m up there I’ll be doing some chart watching plus emailing and 3 Skype calls. I will report back later regarding any trades I find.

A third successive day of losses on U.S. markets yesterday seems to confirm that with markets at 12 month highs careful investors appear to be locking in some profits ahead of this week’s key data announcements from the other side of the Atlantic, though we could well see a slight rebound into the European open this morning. The S&P500 has a support area around 1780 so we may see more of a sell-off down to this level – even though better than expected U.S. auto sales should have buoyed the market.  As usual, good news equates to market jitters across the Atlantic for reasons I have mentioned before.

Gold took a breather yesterday after Monday’s big fall, maybe bargain hunters were around ? If that was the case, they soon petered out as the yellow metal only managed a rise of around $3 on the day. We are now in a definite bearish trend and $1200 looks easily achievable, a level we have not seen since the end of June.

10:35am  ~  I’m up here in Suffolk and settled in so going to switch my charts now and watch my favourites* so see if there are any trading set-ups available.

11:25am  ~  I am in a ‘long’ position on my Gold chart using the main strategy from my “Any-Time” collection of set-ups  – stop-loss is 26 pips.

13:10pm  ~  I am off out for lunch with a friend now so I’ve closed the trade off at +78 pips. The U.S. ADP Employment numbers are out soon so probably a good idea.  I will send out a screenshot of my chart that I took a few seconds after I came out of the market to “Any-Time” students this afternoon to show my trade set-up.

18:35pm  ~  Had a lazy afternoon after an Amazon book delivery at lunchtime but I did get back to my MT4 charts at 6 o’clock to watch for evening system set-ups. I am now in a long trade on the S&P500 so I’ll report back as soon as I am out of it.

20:40pm  ~  I have just closed off my S&P position at 17954 giving me a profit of 104 pips. Time for a swift couple of pints at the Lord Nelson now….

Daily Target Reached ?  YES  (+182 pips)      I traded the late morning session plus a few hours this evening