07:40am  ~   A nice lazy day around the house for me today so I will report back if I have any trades.

Asian markets overnight were broadly down amid continuing worries over global economic woes with Greece coming once again to the forefront amid an uncertain political future but European equities are expected to open slightly up after U.S. shares staged a small rally at the end of their session last night. Both the S&P 500 and Dow Jones indices have formed reversal candles on the daily charts yesterday so there maybe a move upwards in the next few days although there is a mood for profit-taking from traders I have spoken to this week so new highs may come with a struggle in the lead up to the end of the year.

Oil futures staged a small rebound yesterday during a very volatile trading session after news that U.S. shale producers were reported to be cutting production to prop up values and the U.S. WTI Crude price ended up 26 cents at $63.22 but the overnight Asian session has seen a resumption in the bearish mood as the price once more heads towards the $62.30 support level – it is currently at $62.90 as I write this.

With a general mood of uncertainty in world equity markets it’s no surprise that traders are once again thinking about Gold as a safe-haven investment, it rose nearly $28 to finish at $1231.10 last night and is still rising early this morning.

Market Close Tuesday 9th December 2014:   Dow Jones 30  -51.28 @ 17,801.20  S&P 500  -0.49 @ 2,059.82  NASDAQ  +16.33 @ 4,294.67  FTSE 100  -142.68 @ 6,529.47  UK AIM  -6.49 @ 706.86  DAX 30  -221.28 @ 9,793.81  CAC 40  -111.54 @ 4,263.94  IBEX  -343.60 @ 10,461.60   Nikkei 225 (Today)  -400.80 @ 17,412.58  Hang Seng (currently)  +52.49  @ 23,538.52

08:50am ~  A neighbour has just popped round for a cycle ride so I’m off out for an hour or so.

10:05am  ~  Just got back and I can see a possible trendFX ‘short’ trade on my Gold chart.

10:40am  ~  I am now in that Gold position – my stop loss is 21 pips.

12:15pm  ~  I have just come out of my Gold trade, I’m off out for lunch with 2 friends and there’s been no real excitement on the chart plus I’ll be unable to watch the chart during the U.S. session open. My score has come in at +25 pips.

15:35pm  ~  Just returned from an extremely long lunch at the Lord Nelson – I shall get back to my charts at 5 o’clock and see if there’s any “Trade With A Day Job” opportunities on the S&P 500 index.

19:20pm  ~  The blonde has informed me that we’re off out in 10 minutes so I’m closing off my S&P 500 chart for the evening – nothing to report.