08:35am CET (07:35 UK time)  ~  After a busy few days away it’s going to be a relaxing day at home with some chart watching every hour or so plus finishing off my Trading Psychology book and catching up on the past few day’s emails.  I will report back if I have any trades during the day.

Since I’ve been away the markets have sat up and once again shot up –  Asian markets overnight have witnessed solid gains and U.S. indices  reaching another record level after yesterday’s session on the back of good corporate earnings releases coupled with positive economic data (plus continued low interest rates)  The Dow Jones finished its session last night at 17613 and over night futures trading has pushed it up to 17626 as I write this. Its ‘sister’ index, the Standard & Poors 500 gained 6.34 points yesterday to finish at  2038.26 so it is firmly above the significant 2000 level and maybe ready for a slight pullback in the next few days after four days of solid gains although today’s markets in general will be quieter than usual for a Tuesday as both the U.S. and France are commemorating Remembrance Day.

Although we’ve not yet had U.S. Crude Oil stock level number for last week announced yet, the general feeling in the market is of too much stock and not enough demand and this situation is keeping a lid on any price rises at the moment. U.S. WTI Crude suffered another day of losses, ending firmly below the $79 level and looking as though it is heading for the support at $75:89 that was formed last week, a 3-year low for the commodity.  UK Brent Crude is following closely behind, finishing Monday’s session at  $81:89.  Gold was also in a bearish mood yesterday after a brief rebound on Friday, it lost over $25 and seems to be on a course towards Friday’s low of $1131 unless bargain hunters step in to give the commodity a brief respite.

Market Close Monday 10th November 2014:   Dow Jones 30  +39.81 @ 17,613.74  S&P 500  +6.34 @ 2,038.26  NASDAQ  +15.44 @ 4,175.95  FTSE 100  +44.01 @ 6,611.25  UK AIM  +1.41 @ 723.26  DAX 30  +60.04 @ 9,51.87  CAC 40  +32.93 @4,222.82  IBEX  +146.70 @ 10,273.00  Nikkei 225 (Today)  +343.58 @ 17,124.11  Hang Seng (currently)  +56.35  @ 23,801.05

All times below are Central European Time (CET) 1hr ahead of UK time.

08:50am ~  Off for quick cycle ride to clear the cobwebs, back in an hour.

09:55am  ~  Just switched on my charts and there’s a possible UTB trade setting up on my WTI Crude chart.

10:1oam  ~  I am in a ‘long’ position on the WTI chart with a 22 pip stop loss.

11:25am  ~  The WTI price rose quite well initially but has now tailed off slightly so I am out of my UTB position with a +31 pip profit.

15:40pm  ~  Back from a typically long Spanish lunch and I shall watch my charts for a while to see if there’s much going on – report back later.

16:25pm  ~  There’s something occurring on my Gold chart – and possibly Brent Oil as well. Both are trendFX set-ups.

17:10pm  ~  I am now in a ‘short’ position on my Brent Oil chart, the stop loss is 38 pips.  The Gold price has not yet moved sufficiently to trigger a trade.

17:25pm  ~  It has now !  I am in a ‘long’ position on my Gold chart with a 55 pip stop loss, which is quite large for a normal trendFX trade.

18:15pm  ~  Happy with Gold trade – out now with a +71 pip profit.

18:25pm  ~  Just come out of the Brent position as well now, the downward momentum has somewhat dissipated – the result +38 pips. That’s me done with trading for the day – and just had news of an invitation from Brendan, an Irish trader friend who’s invited me over to his place for a few days – we may even get some trading done. He lives in Santa Eularia on Ibiza, I’m flying over in the morning.