07:45am  ~  A relaxing day at home for me today apart from a tennis match at 3pm ahead of a long-weekend away for my birthday celebrations. I’ll report any trades I see (and take) throughout the morning.

There was a brief resurgence in equity markets yesterday after Tuesday’s falls, it was led by Europe initially after upbeat remarks by ECB President Mario Draghi who is still promising that he will do whatever is needed to keep the Eurozone out of recession. Next up was good news from U.S. New Home Sales which halted two days of falls in the Dow Jones after Friday’s reversal candle on the daily chart and this sentiment has carried on overnight as Asian markets also had a bullish session.

U.S. Crude Oil Inventories came out yesterday with a surprising fall in stocks which sparked a rise in the value of WTI Crude which finished up just over a $1 at $92:88 although the UK Brent Oil failed to react until later in the session and did spend a brief period below its new support level at $96:15 but recovered well and is currently fighting against the general bearish trend it’s been in since the middle of June. Gold was in a generally bearish move once again yesterday – falling demand and a strong U.S. Dollar all conspired to keep buyers out of the market – the daily chart has been in decline since the middle of July but overnight trading has brought the price down towards the short term support at $1208 so watch out for a bounce off that level during today’s session. Current price as I write this is $1210.

Market Close Wednesday 24th Sept. 2014:  Dow Jones 30  +154.19 @ 17,210.06  S&P 500  +15.53 @ 1,998.30  NASDAQ  +42.74 @4,094.31  FTSE 100  +30.19 @ 6,706.27  DAX 30  +66.94 @ 9,661.97  CAC 40  +54.37 @ 4,413.72

08:25am  ~  There’s not much in the way of trading opportunities on my charts as the markets get going with the European session so I am off for a cycle ride up along the coastal path towards Lowestoft. Back by 10 o’clock as I have a Skype call with a new trader.

12:05pm  ~  Off to an early lunch at The Swan – there has been a few close calls but no trade set-ups in the end for me, I shall have another look later this evening when I’m back home.

17:00pm  ~  Just got in and switched on my S&P500 chart to watch for any “Trade With A Day Job” opportunities, this is the ‘kick-off’ time for the system although you can join in at any time between now and 9pm when the market closes.  Report back later.

17:20pm  ~  In ‘short’ on the S&P, there’s a strong bearish momentum that’s been prevalent for quite a while by the look of the chart.  It was a basic ‘evening’ strategy set-up showing the market is likely to continue down for a while.

19:15pm  ~  Out of my position, the final score is +38 pips.

Daily Target   +20 pips

Pips Achieved   +38 pips