07:25am  ~  Life back to normal here at home this morning, I shall be here in the kitchen with a couple of laptops watching charts and doing some emails and Skype calls with new students wanting to learn to trade, although the sunshine outside will prompt me out on the bike and down on the beach at some stage.

Just had email from eldest son Max – this blog/Trading Diary is 5 years old today. Time really flies, it seems only a few years ago that I started it although looking back to when I began trading in the 1980′s does seem another lifetime away.  It has been suggested to me by quite a few people that this diary should be collated, sorted and put into a book, a project for later in the year perhaps ?

Equities and Europe and the U.S. gave up the fight for further highs, the S&P500 in particular has tried to make gains this week but has formed reversal candles on the daily chart and the same is true across at the Dow Jones 30.  There seems to be no real concrete news to drive this move downwards, it is probably just lack of confidence and profit taking – many spread betting companies in London are reporting that a large majority of their equity traders have been short this week although reports of escalating violence in the Middle East after Syrian war planes hit ISIS targets in western Iraq was reported in New York as the reason the DJ30 ended 81 points lower at 16,828.

The rise in WTI Crude and Brent Oil has been temporarily halted as Saudi Arabia has stepped in and assured investors that they will make up any fall in production in Iraq as fighting in the north of country threaten to disrupt production.  The Brent daily chart has formed bearish reversal candles over the last few sessions so we may see a move away from these 2014 highs.  Gold hit a short-term resistance level at $1325 during intraday trading yesterday and retreated back, forming a bearish reversal candle on my daily chart, the movement upto the end of the week will give us a clue as to future direction as the equity markets seem to be at a turning point as well, and that’s why using other strategies and resources for investing such as trade fx could be a good idea to have better results in the investing world. Why not also check out this zoom video communications stock forecast here for more info!

10:10am  ~  Not much happening on the few charts I have been watching so I am off for a cycle ride for a couple of hours up the coastal path.  After lunch it’s major work out back as ‘Ted The Gardener’ is on holiday this week

17:05pm  ~  Back inside now and I shall get my S&P500 chart up in a minute to see if there are any “Trade With A Day Job” opportunities lurking around.

19:25pm  ~  The Blonde has informed me that we’re out in 5 minutes so I’m turning off my charts for the evening – not seen any set-ups so far.