08:15am  ~  I’ve got a quick trip up to London this morning to visit Snow+Rock in Kensington High Street to get some Skiing stuff, I shall be back at lunchtime I should imagine.

There was a mixed day on the markets yesterday, the Dow Jones and S&P500 managed a slim rise and the German Dax finished around 50 points up after resting on a long-term support level. Traders will be watching today’s ADP Non Farm Employment change for clues about where the Non Farm Payrolls number are going to be this coming Friday and the WTI Crude price rose slightly yesterday on expectations that today’s stockpile number in the U.S. are going to fall due to the adverse weather they’ve been experiencing in the past few weeks.  If you are trading today keep watching the Forex Factory calendar as there are announcements throughout the day which are going to affect the markets. The sharp rally for emerging market currencies has shifted sentiment away from safe haven investments so this hurt the Gold price yesterday, it was bearish for most of the European trading session but climbed slightly during last night’s Asian session.

14:20pm  ~  I am back home but the markets are quite volatile so I shall wait until this evening before I do any serious chart watching.

17:00pm  ~  It’s kick-off time for my “Trade With A Day Job” strategy and there is already a price-reversal set-up showing on my chart.

17:15pm  ~  I am in short in the S&P.

23:45pm  ~  My trade earlier only lasted a few minutes, and I came out with 20 pips – but we went straight out for the evening and this is my first chance to update this diary.

Daily Target Reached ?  YES  (+20 pips)