08:25am  ~  I have already been out for a bracing walk along the beach upto the pier and I’m now going to have a few hours here in the study doing emails and Skype calls plus a bit of chart watching of course !

There was mixed economic figures in the U.S. yesterday resulting in a rollercoaster session across the Atlantic – the S&P500 had a near 300 pip range and the Dow Jones suffered an early sell-off but rose in later trading no doubt buoyed by the news of the Pfizer bid for Astra Zeneca, sparking merger optimism for the markets.  WTI crude prices moved up 32 cents to $100.88 amid speculation that inventories at Cushing, Oklahoma declined last week although UK Brent had a very bearish day, losing over 200 pips. Gold had a bearish day after a surprising rise for the previously owned US homes figures which posted a 3 year record gain,  prices were $7 lower at $1296.3 – good economic news keeps investors away from ‘safe-haven’ commodities as I’ve mentioned before.

10:30am  ~  Not much happening on my charts so I am off for a cycle ride.

13:05pm  ~  Been back for an hour or so and I’ve not seen much on my charts to get excited about although there does look like a UTB trade opportunity setting up on my Gold chart, it should trigger if the price rises from the current $1291.

13:55pm  ~  I am now in a ‘long’ position on my Gold chart, the stop loss is 45 pips.

16:00pm  ~  I’m just popping out quickly to help a friend with some carpentry so I’ve closed off the Gold position at +69 pips.

23:40pm  ~  Just got home from a nice evening out so no trading for me since my earlier trade.