11:05am  ~  I am a bit late reporting in this morning, I was up at 5am to go off for a Clay-Pigeon shoot at the farm up the road and I’ve just returned back home.  After 4 hours sleep last night it will be a very lazy day at home, so I will report back later if I do any trading.

In the markets yesterday, the Dow Jones 30, S&P500 and also the UK FTSE100 indices all formed reversal candles on the daily charts and both the U.S. indices are at significant support/resistance levels so watch out for possible bullish moves as they seem to be ignoring the problems in Iraq and Ukraine and celebrating lower oil prices instead. Additionally, yesterday’s IMF forecast led investors to believe the US Fed is likely to suggest keeping interest rates lower for longer which will ultimately hurt the Dollar but keep equity traders in an optimistic mood.

Oil traders seemed to have shrugged off the bad news from Iraq and concentrated instead on weak data from China prompting fears of lower global demand – Brent is currently still trading down on last Friday’s close.  The potential for higher oil prices from the renewed crisis in the Middle East has been investor’s biggest fear of late so oil prices continuing to fall has enabled equity markets to push higher earlier this morning.  Gold formed a reversal candle on the daily chart yesterday after a week of bullish movement so look out for bearish opportunities below the $1270 level, which I can now see has already been broken. I can actually see a trendFX opportunity setting up so I could be in the market soon.

11:40am  ~  I am now in a ‘short’ Gold position with a 14 pip stop-loss.

13:15pm  ~  The trade’s going ok (just in profit) so I’m going to configure an automatic stop to be on the safe side as the U.S. pre-market is just about to open.  As there’s been little movement in the past hour or so, I feel that it may take off in one direction or another soon.

13:35pm  ~  There was a certain reluctance as the Gold price hit $1260 on its way down a few minutes ago so I’ve come out of my position with a +53 pip profit.  I noticed on my chart there was also some support at the previous ‘big-number’ of $1270 so it maybe valid – we’ll see. Lunch at home today, sitting out on the balcony overlooking the sea.

14:45pm  ~  Just looked at my Brent Oil chart and seen a trendFX set-up starting to develop.  I am not too bothered about having another trade but there seems like a bit of space on the chart for the price to go upto a level it reached last Friday.

15:10pm  ~  I am in a ‘long’ position with Brent Oil, my stop loss is 29 pips.

16:15pm  ~   The Brent Oil price has just hit Friday’s price target so I am out with a +35 pip profit.  Off for a cycle ride in a minute, I have been in front of the laptops too much today.

18:00pm  ~  Although I’ve had a few trades today I’m going to watch my S&P500 chart for a while before we’re out for the evening – the index seems to be in a bullish mood since around 4pm so there maybe some opportunities in that direction.

18:35pm  ~  I am in a ‘long’ position with an 11 pip stop loss. It is actually two different “Trade With A Day Job” set-ups which often gives new traders added confidence to get into the market.

19:05pm  ~  I’ve hit the 20 pip target and the Blonde is signalling furiously that were going out a few minutes ago — so I’m now out of the only trade of the evening for me and happy with +108 pips for today.