08:05am  ~  A fairly relaxed day for me ahead, a game of tennis this afternoon, a cycle ride at some stage and some chart watching inbetween times. I shall also be catching up on all my emails before a holiday away next week.

Technology shares led the rally in the US equity market in early trading yesterday with Alcoa also seeing a sharp increase for its price (3.8%). Later in the session when the Fed released its last meetings’ minutes, it eased some of the previous worries regarding an imminent interest rate hike giving the Dow Jones another boost last night, leaving the index 193 points up at 16,441. The S&P500 had a similiar bullish tilt and helped me take a 100 pips out of the market early yesterday evening.

Gold prices edged higher yesterday gaining nearly $4 to $1312 after dropping earlier in the day but finding support just over $1300. The late rise was undoubtedly provided by the Fed policy makers who admitted they are not as hawkish as previously thought.

11:55am  ~  I did watch some charts for an hour or so earlier but not much happening so that’s it now until later, I am off our for lunch in a minute then tennis this afternoon.

17:00pm  ~  Back home now and I have a couple of hours spare now before I go out for the evening so I shall watch my S&P500 chart to see if there’s anything to get excited about trade wise.

17:05pm  ~  Well that was quick !  I am in a ‘short’ position on the S&P chart – using one of the trendFX strategies. There’s nothing showing on my “evening” system yet, but it’s still early.

18:55pm  ~  We’re off out now so I’ve closed my ‘short’ on the S&P500 chart – that’s 105 pips for the day’s trading.

Daily Target Reached ?  YES (+105 pips)