07:45am  ~  Going to be mainly at home today so will be watching my charts on and off through the day, I will report back with any trade details.

Equity markets have largely staged a recovery during the last 24hrs after falls on Tuesday and FOMC Meeting minutes revealed last night that there’s a consensus to keep U.S. interest rates at their current low rate until at least April as there are still worries about low inflation even though the general economy is going well. Over here in Europe, Greek election worries had a day off but there are concerns over deflation after consumer prices dropped 0.2% in December which was the first fall since 2009 and this prompted a fall in the Euro against the Dollar to a new low of 1.1840, a level not seen since June 2010.

Crude Oil prices were given a slight boost yesterday when the U.S. stock situation saw a bigger than expected inventory draw and WTI Crude staged a 75 cent recovery to close at $48.76 and is largely holding up in early trading this morning. News that U.S. interest rates are staying put for a few months had investors move out of Gold and into equities so the yellow metal lost nearly $8 yesterday to finish at $1211 and overnight it has lost further ground to $1208. Any move above $1211 today may prompt a resumption of the earlier rally.

Market Close Wednesday 7th January 2015:   Dow Jones 30  +212.88 @ 17,584.52  S&P 500  +23.29 @ 2,025.90  NASDAQ  +49.17 @ 4,160.00  FTSE 100  +53.32 @ 6,419.83  UK AIM  -5.94 @ 694.13  DAX 30  +48.52 @ 9,518.18  CAC 40  +29.23 @ 4,112.73  IBEX  +20.30 @ 9,891.40   Nikkei 225 (Today)  +281.77 @ 17,1671.0  Hang Seng (currently)  +167.59 @ 23,848.85

09:30am  ~  Charts are very uninteresting at the moment – so I’m off for a cycle ride in the rain….

15:55pm  ~  Been watching my collection of charts every hour or so since I got back here just after 11am but there’s been nothing to get my pulse racing so I’m off into town to do some errands and back here later to trade the evening “Trade With A Day Job” Session.

19:25pm  ~  No TWADJ trades yet but I have just got into a ‘long’ S&P 500 trade using one of my trendFX set-ups.  Stop loss is a heady 26 pips.

20:40pm  ~ The S&P is starting to reverse at the end of the session so I am out with profit of +37 pips.