07:35am  ~  Last day in the UK, I shall be flying back to Majorca later this afternoon but I will be doing some emails and chart watching this morning – I also have 2 Skype calls as well.

Overnight news from China regarding its GDP figures should keep indices in the positive this morning, the numbers were down on last month but the fall was not as big a many commentators had expected. In the U.S. last night, the three main indices finished in positive territory so keeping up the recovery after last week’s large correction and good corporate news was the main driver for this bullish sentiment although there’s not much economic news to give traders any direction today so a nice, gentle trading session looks favourite.

The Crude Oil price is still in a general downtrend with yesterday’s session producing a bearish reversal candle after it ended 50 cents down at $81.85.  There was a bounce off  the important $80 level late last week and I would expect the price to revisit that level in the next few days as low demand and plentiful supplied keeping any bullish thoughts far from trader’s minds. As the U.S. Federal Reserve has hinted at a delayed rate hike until later next year, Gold investors have renewed their buying interest sending the precious metal up by $8 yesterday to $1246.70 and this morning is very close again to the significant $1250 resistance level, watch out for bearish trading opportunities once the European market opens in the next hour.

Market Close Monday 20th Oct. 2014:   Dow Jones 30  +19.26 @ 16,399.67  S&P 500  +17.25 @ 1,904.01  NASDAQ  +54.61 @ 3,870.08  FTSE 100  -43.22 @ 6,267.07  DAX 30  -132.51 @ 8,717.76  CAC 40  -41.94 @ 3,991.24  IBEX  -41.60 @ 9,615.20

09:30am  ~  Just spotted what may turn out to be a potential ‘long’ trade on my S&P 500 chart – the price will have to rise above 19065 to trigger an entry.  I am off for a quick cycle ride in the next 10 minutes so I’ll set an entry order and stop loss in case the price rises in the next hour.

10:55am  ~  Just got back to see that the S&P trade has triggered – the stop loss is 39 pips.

11:35am  ~  Happy with the trade profit so I’ve just come out of my S&P position at 19174 giving me +105 pips, it was a trendFX strategy 3 set-up.  Off to the airport in 30 mins.

19:20pm (CET)  ~  Arrived here (Puerto Pollensa) half an hour ago and I’ve just turned on this laptop to Skype a friend and I can see a ‘long’ trade setting up on my S&P500 chart (trendFX again, this time strategy 1)

19:35pm  ~  I am in the trade but going to set up stop loss and take profit orders as we off out to a neighbours house for the rest of the evening. The stop loss is 26 pips and I’ll go for a round 50 pips profit target.

01:20am Wednesday  ~  Just got in and seen that my earlier S&P 500 trade managed its 50 pip target

Daily Target  +20 pips

Pips Achieved +155 pips