08:15am  ~  Some time here in the study this morning doing emails and watching my charts every half an hour or so and then I am off to a clay pigeon shoot up the road at midday.

On the markets – the Japanese Nikkei had its fifth straight day of rises overnight and now stands at an eight month high mainly due to the rise in exporters shares on the back of a weakening Yen although general sentiment in Europe and the U.S. is more muted as most traders are now reluctant to add to positions as we go into the weekend ahead of some major news that kicks off tomorrow with Chinese industrial production and retail sales and is followed next week by Fed and Bank Of England minutes and the outcome of the Scottish referendum – which if successful will then prompt more European regions to seek independence giving the Eurozone and ECB President Mario Draghi more problems to sort out.  The S&P 500 is slowly advancing up from the moving average support line it has been sitting on this week with the Dow Jones largely following suit although do not expect any fireworks today as traders will not want to be caught holding positions as news announcements over the weekend concerning geo-political problems in Ukraine and the Middle East has the power to surprise the markets first thing on Monday morning.

With a general falling off of demand for oil-based products throughout the world,  Crude Oil prices have been in a bearish mood all week but bargain hunters did step in yesterday giving WTI Crude a slight boost as it hit a strong support level at $91 in intraday trading and bounced back up to finish $1.35 up at $93.06.  Gold tested the $1240 support level yesterday a few times and in the end finished dead on the line but in overnight Asian trading it has now dropped below the line and looks as though that support may become resistance but we may have to wait a few days before we see any commitment to further falls.

Market Close Thursday 11th Sept. 2014:  Dow Jones 30  -19.71 @ 17,049.00  S&P 500  +1.76 @ 1,997.45  NASDAQ  -2.32 @4,092.65  FTSE 100  -30.49 @ 6,799.62  DAX 30  -8.89 @ 9,691.28  CAC 40  -9.89 @ 4,440.90

11:05am  ~  I’ve glanced at my group of charts a few times now over the last couple of hours but there’s nothing really occurring so that’s it – laptop off now but I may have a look later this evening if I get back in time. So far this week I’ve managed a total of  342 pips.

22:55pm  ~  I got back here too late to watch any charts, so no more trades to report.

Daily Target  20 pips

Pips Achieved  0 pips